Friday, July 5, 2019

Idea Napkin No.2

In regards to the feedback made for the original idea napkin I found that many greatly supported the proposed plan. Many recognized its ability to garner sufficient results once completed and even admired its jump toward the future. However, upon further reflection myself I did notice a few flaws regarding its initial proposal and how it would be implemented into society to attain the necessary data. I was quite concerned with how I was going to achieve this but recognized some form of new business ideas were manageable and necessary. The two main points taken from the feedback received concerning my post centered around how I was going to push my idea to the public and what business proposals would be made after achieving a sufficient number of supporters. These two variables are quite significant to me and have helped my further my thinking regarding the proposal at hand.





1. The fundamental concepts that I feel govern my actions are clearly reflected in the business model I proposed. My talents range from being able to identify an opportunity from an array of problems that individuals face on a daily basis. Further I am well-spoken meaning when conveying the ideas of the business proposal I do so in a manner that is easy to understand and offers the individuals I am speaking with an opportunity to fully grasp the ideas I am trying to convey. Further my aspirations regarding my business proposal are centered around informing the public of the overall benefit of new tools around them and further I hope to establish a basis for further development in a growing industry. I see the business as an opportunity to gain further assess into the automobile industry. With this assess I would hope to gain the ability to further revolutionize the industry and establish a basis of excellency not yet established.

2. The product or service provided is quite concrete and helps provide insight into the overall benefit of the electric vehicle and how it can positively impact their lives. I hope to inform the public not only of the social and financial benefit but also regarding the environmental impact that will allow for future generations to maintain healthy lives. The business plan seeks to develop the current state of the electric car phenomenon and encourage the public to value their overall existence.

3. The demographic this product is being offered too is those who currently maintain or will gain financial security, meaning there ability to provide for themselves and their families is met and their overall wealth is substantial enough to purchase or lease an electric vehicle. The individuals will be of all age ranges and ethnicity but will mostly be advertised to those individuals living in suburban and rural areas as these areas will surely show greater signs of improvement upon the entrance of an electric vehicle into the household. The psycho graphics are centered around those that seek an affordable car and hope to save a substantial amount of money. These individuals are not concerned with glamour and seek only reliability and feasibility.

4. I believe that customers will pay for this service because it provides them insight into the overall benefit of the vehicles and gives them experience in driving the vehicle. The vehicles themselves display an overall cool or interesting factor that many individuals find would be quite in-joyful to experience. Giving them this experience will only produce greater avenues for purchasing an electric vehicle.

5.What set me apart from everyone else is my overall belief in my product or service. I have the determination to produce a large wave of support and understanding for the solution to the current problem facing many individuals around the world. I will seek out, unlike others, every opportunity for improvement in order to refine my current proposal and help those around me.

Overall every aspect describes does an adequate job to fully describe and deliver every aspect of my business. Further, the current views can be held as quite definitive as they address and answer all fields of the business proposal. With this in mind there are a few weak points that are quite noticeable in regards to the proposal such as how effective will it be toward gaining momentum. Will it slow down at a point when most if not all individuals purchase electric vehicles? These questions arise quite steadily and must be address accordingly.

2 comments:

  1. Hello Arthurs,

    First I would just like to say, wow! You provide a lot of details that gave me a great understanding on your idea that you have "written on a napkin". It seems like you were able to really take all the feedback that you were given on your previous post and turn it into positive material to help adjust your plan. I enjoyed your reading material, and thank you for sharing such great information with the us.

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  2. Hello Arthur. I see what you're saying when you mean it's fairly easy for you to convey ideas to people. I like how you mentioned the idea of psychographics. My understanding of psychographic targeting in marketing is fairly good, and the fact that you understand the psychology of your end user is important. I also admire how you acknowledge that some questions will need to be addressed accordingly and not immediately.

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