Describe the
revenue drivers you currently include in your business concept for this class.
Revenue drivers are the different ways you make money.
The primary revenue driver for my business would be the
application iDrive itself. As a task
based application with goal tracking abilities the application would sell on
the Apple App store and eventually for android devices.
Describe what kind
of product offering you believe should be next. What's the next thing
your customers want?
Next would be the book; essentially taking what our idea is and
opening up the hood for all to see what we’ve done and how it is beneficial beyond
just the application itself. How these
simple steps can take you from 0 to 100 in no time flat on any project that you
set your mind to.
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.?
I think primarily it will enhance the user experience as well as
foster customer loyalty. It’s an element
of trust and understand to say “here’s our secret recipe and I want you to use
it again and again and again to make yourself more successful.”
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.
I went to the app store and picked up one application that I
know will be of primary competition; called “Streaks”
There idea is simple; take a few things that you want to start
doing daily and add them to your daily reminder count and the application will
keep track of how many you complete.
What are the
customer reviews for the product? What, exactly, do customers not like about
the product? What do they like about it?
They are mostly 5 stars all around on reviews; but for the
purpose of building a competitive edge I’ve filtered by “most critical” reviews
to find out what is missing. One MAJOR
flaw in the design is that it truly will only let you track 6 tasks that you
want to perform daily. Another that was brought
up several times is that you can’t “undo” or go back to the previous day and
submit a completion. If your day ends at
2am and you completed anything between 12 and 2 then it will have to count for “tomorrow.”
Describe what
design/usability changes you'd make to the product.
The streaks themselves are a huge motivator; but is eating a
healthy meal every day (as the phot suggests) your goal? Or is your goal to lose weight. I think the task streak is amazing and needs
to be a part of design for our application but there have to be overarching
goals attached as well so that the user can see; as a result of your 14 day
streak you’ve lost 5 pounds (for example).
Describe why you
think this product would make a good addition to your current product/service
offering.
This is a good keep it simple stupid addition; like a junior
version; or even a sub application for what our business plan is. Something that would tie to your fitbit or
iWatch to drive you to see today through to the very end. iDrive will pick up on the weeks and months
that follow!
I really enjoyed reading more about your business idea. It is something that will appeal to a wide variety of users which automatically sets you apart from others. I particularly liked the point you brought up about the app Streaks: "is eating a healthy meal every day (as the phot suggests) your goal? Or is your goal to lose weight?"
ReplyDeleteIt seems like iDrive will take people's goals to the next step in order to help them achieve what it is they want to do. Great job on this assignment! You can check my post out here: http://amyarnoldent3003.blogspot.com/2016/03/amazon-whisperer.html
Hi friend, I really enjoyed reading about your venture and all of its enhancements. I really like the idea that it can potentially fit into multiple market segments and different types of people. The tracker really seems that it can enhance the experience of customers/ technology users. Best of luck on your product. I will be looking forward to seeing this in my phone one day. Below is the link to my blog. Hope you can enjoy it!
ReplyDeletehttp://jazzybiz.blogspot.com/2016/03/the-amazon-whisperer.html