Existing Market.
Step 1: Talk about what you think is what's next. You may rely
on your analyses from "The Amazon Whisperer" exercise (when you
discussed what product you thought might come next.)
The next product I plan to offer is a waterproof detachable
radio that can be put in an arm band so the lifeguards on the rescue can
communicate directly with their supervisors. This will help to relay the
status of the rescue such as the number of victims, when contact is made, and
when the scene is clear. This product will help to relay valuable
and specific information about the rescue. It improves the experience for
the lifeguard as lifeguards on shore are no longer responsible for relaying
specific information about the status of the rescue and the victims. It
furthers customer loyalty by improving safety measures at the beach. I would be
using a waterproof detachable radio and put it inside an arm band. In
order to operate the lifeguard would still have to press the open communication
button to relay information.
Step 2: Interviews. What
should we be doing that we aren't planning to do?
Step 3: Based on your own expectations and the feedback you received
from customers, set a path for the future. In two to three paragraphs, describe
what makes the most sense for your venture in terms of growing in your existing
market.
After receiving
input from interviewing three customers who are already a part of my current
market, I plan to adapt my current venture to add more optional features to
improve the efficiency and effectiveness of the drone. I think the addition of a GPS tracker
accessory is a great improvement as it would help with locating the drone if it
crashes or sinks during use from strong winds.
I also have added features from past interviews like cameras for detecting
sharks or other dangers and speakers that can be used for relaying
communication from the shore to the victims in the water.
I
would be introducing the first full-time use of the lifeguarding
drone in the US. The lifeguarding drone has been used in other countries
like Spain and Chile. These countries have seen a significant reduction
in the number of drownings since introducing the use of a lifeguarding drone in
addition to lifeguards during rescues. I would need to focus on using
equipment and parts for the drone that would be durable and able to withstand
the high concentration of salt and sand while at the beach.
New Market.
The feedback
from individuals in this new market helped me to look at my product in a
different view. For example, Kaitlyn used
her engineering knowledge to focus more specifically on the types of products
and materials that should be used into making a light-weight and durable
product. She suggested I use fiberglass to
prevent rust from the salt water and salty air.
Additionally, David suggested I modify my approach to make smaller
models to cover smaller areas of space like for a lake or pool. I plan to adapt my product to accommodate three
different size models. The largest model
will be able to travel up to a 10-mile radius!
These lifeguarding drones are remote control operated and
release a deployable flotation device for the victim to grab onto until a
lifeguard can reach the victim and help him/her swim to shore. The drones
will also be equipped with cameras to help with locating the victim in the
water as well as look for sharks and other potential dangerous hazards in the
water. The use of drones cuts down on the time it takes to reach the
victim with a flotation device, ultimately leading to less drownings and
deaths.
Great Interviews!! Keep up the good work!
ReplyDeleteGreg,
ReplyDeleteGood job on the interviews and the post. I'm actually very surprised that your "next" product isn't already on the market. I believe you have a good innovative product with a great opportunity. Keep the ideas coming!
Hey Greg!
ReplyDeleteWow what a cool idea! I think your product will be a big success as I don't think anything like it has ever been attempted. I have lived in Florida my entire life (as I'm sure most of us have)and I spend so much time at the beach! So I can see a product like this being used a lot. Great work with your interviews!
http://gregneatrours.blogspot.com/2016/04/whats-next.html
Hey Greg! I believe your next product will definitely be very successful! And from your interviews I can tell that it is something wanted in the market. In fact I'm surprised it didn't exist already. Great post! You can check out my blog here: http://katieshirley.blogspot.com/2016/04/whats-next.html
ReplyDeleteHey Greg,
ReplyDeleteYour product is very interesting, and I'm looking forward to see where it goes and hopefully see it out in the stores. Also, great job at capturing your interviews, it seems from the feedback you received, you have a better idea on how you can better improve your business plan! check out my blog http://jalekatircioglu.blogspot.com/2016/04/whats-next.html
Hey Greg! This is a really great idea! I really believe it will successful in the market! Life saving products are very essential leading it to sell fast. I definitely think it will be essential at the beach since the land mass can spread very wide. Were you a lifeguard before? Good job on the interviews as well!
ReplyDelete