In my business concept, there are
certain revenue drivers that I believe are key to the company’s success. I
think that being able to customize the look, size, and shape of the helmet will
attract customers. These helmets will stand out because they are all unique,
and I think that will be a heavily driving factor. Customers will be able to
choose their preferred color, fit, shape, and materials.
I think that the next thing I
should offer my customers would be another type of accessory that will help
protect them while they’re scooting, biking, or riding a motorcycle. I think
that a small device that beeps when there are cars directly behind the scooters
or motorcycles would be a helpful accessory. This will help riders be fully
aware of their surroundings. I think that this device will definitely improve
customer experience and loyalty. A business that focuses on the safety of its
customers holds value to people. This type of product will help people on
scooters, motorcycles, and bikes know if there are cars close behind them
without having to completely turn around and risk falling.
The closest product that I could
find in regards to what I wanted to offer “next” was a front and rear radar
system. This product consists of multiple sensors and an LCD system that is
designed to help cars park by notifying them when there is something behind or
on front of them. It comes with and LCD display system and sensors that are
anti-wind, anti-sand, anti-fog, anti-frost, and much more. The product has
multiple sound modes in order to alert the driver of its surroundings.
There were no customer reviews
about the product, but I think an important factor is probably how user
friendly the device is. It is important that this product is easy to properly
setup and attach to the vehicle. Personally, I would only require two sensors that
would attach on the back and a smaller receiver that can be placed on the front
of the scooter or motorcycle. I think this would be a great addition to my
product because it reinforces the idea of safety and awareness. Street Smart
emphasizes the importance of safety to its customers, and the company wants to
continue this idea.

Your next opportunity seems so obvious. It's crazy that something like that doesn't already exist. This is one of those goods that people don't realize how valuable it is until something bad happens. If your idea is a success, it could eventually become as normal as a seatbelt. I think this is a great idea. Check out my post http://ent3003sw.blogspot.com/2016/03/the-amazon-whisperer.html
ReplyDeleteHello Wallace. I really think you did an amazing job on this assignment. Like you, my main revenue drivers come from customization options of my product. I also really like your next idea for a product. I can see a product that alerts a cyclist when a car is behind them becoming a standard feature in the near future.
ReplyDeleteCheck out my blog post:
http://jent3003.blogspot.com/2016/03/amazon-whisperer.html