29A- Venture Concept No.2
Assignment 29A-
Opportunity: SayYesCase is a product that has a specific
target market. This market is individuals anywhere from 18+, which is a huge
market. The reason for this is that nowadays college students under the age of
21 are still consuming alcohol which is why they're in my market. Although many
old people tend to not drink my options are still open just in case. My product
is aimed to help individuals stop drinking and driving. Being a child of a
former police officer and having 3 members in my family be former police officers
is quite interesting, but the stories told are very sad. Which is why I have
come up with this idea of creating a phone case that comes attached to a
breathalyzer and an app along with it.
- I
feel like this opportunity is out there it just has to be spoken of and tried before putting it out there to make sure it is effective. What's making this product is the app that will come with the phone case. In this app, people will be able to watch testimonies of others that have been affected by drunk driving. This will touch them emotionally and perhaps be the reason they stop drinking and driving.
- As
of now, I have not heard of anyone who really uses anything instead they just drive whenever. The need is out there but other companies have not made their products easy and convenient to use. This is why I thought of this product because it would benefit thousands.
- I
would first introduce this product in my college town which is
Gainesville. Many students live here, and it would be great for others to try it out and see how it works for them. From there, I would be able to advertise my product using the testimonies of other users.
Innovation: SayYesCase is essentially a product to decrease
drinking and driving. This product will be a phone case that will come with a
breathalyzer for individuals who tend to drink and drive. After a couple
drinks, one will be able to measure alcohol consumption. The app will be
connected and equipped with different levels of consumption. The app will flash
a color depending on one’s level. If one is above the limit it will immediately
call an Uber or Lyft depending on which account, they use. My idea is to
eventually open up something similar to Uber and Lyft which will be connected
to the app. This phone case will be convenient for everyone to use and it will
come in several colors and designs for everyone’s satisfaction. It will be easy
to carry around and they will not have to worry about carrying something
uncomfortable. The phone case will start at 35$ and can increase depending on
the design. I will start off with the price low and increase it with time. This
will cause people to know that it works and there's a demand.
Venture Concept: My product will provide individuals the right
path to stop this bad habit. It’s specially created for those who think
drinking and driving is no big deal. It’s a huge deal and more and more cases
are being reported. It does not only affect the lives of the individuals behind
the wheel but also innocent families who lose family members because of
this.
- I believe it will be hard for individuals to adapt to
this change especially after doing it for so long. I think the individuals
who understand why this is so important to stop will see the benefits of
it more than those that don’t.
- The
competitors I have aren’t as established and don’t provide conveniently
products to use which is why I think I don’t have any direct competitors.
The weakness of this is that it’s going to be tough to convince people that this is the right choice.
- Prices
are going to be extremely important because not many will pay a lot of money for a phone case and I don’t want it to be unaffordable either. I
want people to know that it’s available and not something they have to save up to buy. It's something that's there to help and hope they take advantage of it.
- I will start off my product with having social media representatives and employees to be consistently on the online chat on the website and answering phone calls for any individuals who may have questions, concerns, refund, etc.
Three Minor Elements:
1. I would say my "unfair advantage" will be that
not everyone has connections with police officers who deal with these situations
on a daily basis. Having this advantage and guidance will have me at the top
for the most part. They will provide me information and make sure it's
reliable.
2. I talked about this earlier but my second the venture would possibly be not having the app connected to Uber or Lyft.
Instead, having my own company that will be linked to this business and be used
exclusively for individuals using the app. This will help any problems that
could possibly occur in dealing with other companies. I just want people to use
the product and measure their consumption to make sure they are fine or not to
drive. But, this would happen in a couple years so that when I launch it the
main interest is to not drink and drive even if they have the option to.
3. In the next 5 years, I would like for my
company to be all over the United States and hopefully later on in other
countries. I think starting off small wouldn't be bad for now but when it gets
big many will start using it and realizing the benefits it brings. I hope for
it to start as a trend and for other companies to sponsor it. I would wanna
eventually have it on billboards saying something like "backed up by
officers." Since not many people will think it's effective it has to be
backed up by data and lots of testimonies.
Feedback:
The feedback
I got for my venture concept number one was way better than I expected. Everyone
that commented on my post mentioned something about my connections with law
enforcement which is really something that would set me apart in my opinion. I
like my idea for the next 5 years and everyone agreed that it was a great idea.
I didn’t change anything about my venture concept because everyone said positive
things about it. I kept it the same and honestly, I thought I was going to have
to change a lot of things about it.

Hi Guiliana,
ReplyDeleteI agree with your statement that you found your feedback to be better than expected, because I felt the same way. And while I think it was a good thing that you didn't feel the need to change anything, I believe that you possibly could have added more because nothing is ever perfect, but if you are happy with it than that's great and you should be proud of your final venture product.
Hi Guiliana,
ReplyDeleteI agree with the feedback part of your post, and had similar experiences. While I did update a couple things, I didn't get much feedback, and the feedback I got wasn't really helpful in developing my post. However, I just used some new information from class to help my idea. I'm glad you enjoyed the project, and hope you go for this in the future! Good luck
Hi Guiliana,
ReplyDeleteI completely agree with the feedback on your post. I had a very similar experience where a lot of my feedback on my original venture concept was positive, so I didn't have much to change. I may of switched around a couple of phrasing, but thats about it. I agree with you that if you had positive feedback then you don't need to change much about it.
Hey Guiliana,
ReplyDeleteI agree with the feedback that you got from your post. I had people really saying that the venture concept was well done, just like you mentioned and just like you I did not want to change that much thinking that I was proud of what I had done. Good job on not changing it too much and really getting the concept in the first place.