Me:
I am driven, hardworking and have good planning skills. I still have the same skills I listed last time like financial skills, networking, critical thinking and decision making skills. I have customer service and sales experience that I will be able to utilize as well. I believe I will be able to turn a quick profit in this endeavor until the next trend emerges in this field.
What I'm offering:
I would be offering a product that has large potential but is still new on the market and hasn't been recognized as an opportunity yet. I would mainly be a distributor of a product on a larger scale than it is now. The Golf Board is a more efficient, easier to maintain and a new fun way to get around the golf course during play. For the people asking for how I would build this product or how it could work, it already exist and works great and I would just be a distributor, not the inventor of the product. I suggest actually reading what I write or google to help answer any questions that deal with the product.
Who I'm offering it to:
This product would be offered to golf courses. It would be a new experience for them to offer to their customers. The largest demographic would definitely be the younger groups. Like I said before, younger demographics are usually more open to new technology and it's basically an electric powered off-road skateboard that you can strap your clubs to.
Why they care:
The courses themselves will care because the boards are easier for the staff to maintain them and the are better for the health of the grass which can be pretty pricey for courses to take care of sometimes. Also it has the ability to bring in new business. They can earn themselves repeat customers by sparking interest in the game itself with new golfers and if they are one of few courses that have this as an option, I'm sure it'll draw existing golfers to the course at the very least to try it.
What are my Competencies:
Nothing has changed here. I still have the experience of working in the golf industry and the network I have built within a company that owns more than 50 courses in the United States and Canada. I feel that this can get me far in accomplishing my goal.
I also still believe that all of these elements fit together quite well and are a recipe for success. The hardest part will be starting a business for the first time but after one of the previous chapters that we went over, I believe I have a better understanding at the very least of how to do this.
Feedback Memo:
My feedback from my first napkin was almost all positive. I did however think more about STP for who the product is for. I also wrote in the section for what I am selling that it's an existing product that is brand new and most courses don't know about it yet. I would just be distributing. I've had more input about the design and building of a theoretical product than anything else. I feel I had made it clear before that I would just promote and distribute an existing product, so I was very blatant in making that clear at the end of that section. Other than that my feedback was very good.
I really liked your second napkin idea. I am definitely a person who enjoys a round of golf. I don’t agree with you that the target demographic of this product is for a younger audience. Many adults, especially those older in age, may not be able to balance and use the Golf Board. Check out my blog post about creating more outlets in Marston. http://ent3003tb.blogspot.com/2016/02/idea-napkin-no-2.html
ReplyDeleteChristopher,
ReplyDeleteAs I am not a golfer, I do not know too much about the need for this product. However, it sounds like you have certainly done your research and you present your idea in a very clear and capable manner. This sounds like a product that will make things easier for golfers and will be a nice amenity on the courses.
If you would like to check out my idea, here is the link: http://marissaent3003.blogspot.com/2016/03/idea-napkin-no-2-2-bus-y-4-u.html
Best of luck!
Marissa
Christopher,
ReplyDeleteI think this is a really cool product, definitely made for the younger generations, as you said. I think it would be easy for someone with a background in customer service to sell something like this. However, I don't think the Board will ever come close to replacing a cart, as even young people like to have leisurely days on the course. Overall, good job. If you want, check out my post:http://ament3003.blogspot.com/2016/03/idea-napkin-no-2.html
To be honest I am unsure of what to say to this product although they way you have pitched your idea is air tight so I truly have no qualms with the idea. I think if it is meant to help younger generations understand the concept of something that may elude them personally, it is possibly an intellectual advancement. I hope the best for it and that you can take it from pitch, to plan to full scale business.
ReplyDeletehttp://entreprenuerderp.blogspot.com/2016/03/idea-napkin-no-2.html