25A- What's Next
Existing Market
One of the most interesting things that come up when interviewing these three people was the questions “how will you prepare for failure, if any?”. This is a point that I hadn’t really thought much of. If we fail with the first product, I would like to try again. Maybe go back to the drawing board and start planning again from scratch. Something in my creative process had to have been wrong.
Another question that caught me off guard was “How will this product be made?”. This a question that even I do not know how to respond to because all this time we’ve been creating an overall and general view of the product that I haven’t really thought of it. I would have to go back and think of each and every single aspect to the product if I ever decide to try to make it work.
New Market
From the information gathered from the three interviews, I can conclude that I will definitely meet customers like them. This is because this product is very unmet need especially to college kids who go home and watch movies. It is a big opportunity and finding people to buy this product should be the hardest thing in the process.
They told me that the best thing to do for the company is expend it. Market wise, I would have to sell to many places not just amazon. This is good advice but I would have to go lots of networking to be able to reach these larger audiences. I believe that with the right people, this goal is very achievable.
Good job assessing the interviews, but I think you could use some more creativity to come up with something new or improved to appeal to your customers. Maybe reaching your larger audience of consumer by creating a new product that ties in with the product you already have for the business. Great job!
ReplyDeleteI think it is great that these interviews gave you a new perspective of your product. It is interesting to see how you didn’t know how to answer one of the questions. But it is great that you learned that and can further research on how to make your product the best it can be. I think you did a great job reflecting on these interviews.
ReplyDeleteHey Laura, I really like how you addressed the interviews and were able to come up with more ideas from them. The way you used them to analyze how you can benefit from the interviews is fantastic. Analyzing these interviews and developing your new ideas really impressed me. Overall, you did a fantastic job also analyzing your existing market, and it is important you did it thoroughly so you understand fully what you have.
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