•
Describe the revenue drivers you currently include in your
business concept for this class. Revenue drivers are the different ways you
make money.
I will be making revenue specifically from my camelback made of
cork.
•
Describe what kind of product offering you believe should be
next. What's the next thing your customers want?
I believe the next thing my customers will want is somewhere to
put their camelback when they aren’t using it. It will be a drawstring backpack
with a thin layer of cork on the inside of the lining.
•
Describe how this "next" thing will enhance your
existing product/service offering. Does it improve the user experience, does it
increase customer-switching costs, does it foster customer loyalty, etc.?
Offering this new drawstring backpack will definitely enhance my
existing product. It will give the consumer a place to put their bottle when
they aren’t using it. I think it would foster customer loyalty especially if
they like that the original product is made from such a unique material such as
cork.
•
Go to Amazon and try to find a product that is similar to the
one you want to offer next. Describe the product. Include a picture of the
product.
The product is a typical drawstring backpack that is light and
durable. It is low in price and is easy to carry around. It is most similar to
my product except for the material that is used on the inside of it.
•
What are the customer reviews for the product? What, exactly, do
customers not like about the product? What do they like about it?
This product was given 4.7 out of 5 stars. Most of the comments
were positive saying that it was the perfect size and that it was a great
price. The only thing some people did not like about it was that it was overly
big in size but many other people did like that aspect.
•
Describe what design/usability changes you'd make to the
product.
I want to change the interior of the bag. I think that a bag
with a very thin layer of cork on the inside can prevent damages to the bag and
will also absorb any liquid that may spill onto the bag preventing books,
valuables, or whatever may be in the bag from getting ruined.
• Describe
why you think this product would make a good addition to your current
product/service offering.
This
would be a good addition to my current product because they go hand in hand.
People hate to carry things around in their hands and it would be really
convenient if they could simply buy a bag to go with their camelback, all at a
reasonable price. This product is unique and people in this generation love
change, so I think using cork would be a great way to incorporate that.
Hey Michelle! I think this is a really good idea. I've had this problem with camelbacks before and it gets really annoying. I think the market for this is small but if you expand it with the right products at the right times then this could become something successful. The drawstring backpack is a good comparison to find for your future products and I think researching this will help you a lot in the future. Check out my post at: http://sowersent3003.blogspot.com/2016/03/amazon-whisperer.html#comment-form
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