· Describe the revenue
drivers you currently include in your business concept for this class. Revenue
drivers are the different ways you make money.
- My current revenue drivers are the service and product
I offer to my customers. My service offers meals to a market that
struggles with medical issues that restricts their diet daily.
· Describe what kind of
product offering you believe should be next. What's the next thing
your customers want?
- Well considering that I offer a service along with my
product, I expect my customer base to be interested in some type of
supplement/vitamins and/or meal replacements.
· Describe how this
"next" thing will enhance your existing product/service offering.
Does it improve the user experience, does it increase customer switching costs,
does it foster customer loyalty, etc.?
- Offering a meal replacement shake/smoothie can offer
my customers an easier and more “handy” alternative to eating on the go.
Instead of ordering a full meal, customer can order a shake/smoothie with
same hearty and natural ingredients offered in our meals; protein,
vitamins, anti-oxidants, fiber, and even energy.
· Go to Amazon and try
to find a product that is similar to the one you want to offer next. Describe
the product. Include a picture of the product.
- Since my next addition to my service will be freah ans
wholesome meal replacements, Amazon will not have a similar product that portrays
all of the additives FoodRX will add to their up and coming alternative foods
line.
· What are the customer
reviews for the product? What, exactly, do customers not like about the
product? What do they like about it?
- Customers will express how easy, handy, and on-the-go
this new addition to FoodRX is. Aside from convenience, they will express
how the fresh ingredients have a great flavor. Usually what a customer
may complain about is the price of the shake/smoothie. As many may know,
fresh and natural ingredients are more scarce and usually mean more
expensive. Another complaint, it the lack of variety. Trying to sustain a
number of fresh ingredients, is difficult and expensive as well. The life
span of freshness is fairly short, preventing FoodRX from having a
greater number of natural ingredients.
· Describe what
design/usability changes you'd make to the product.
- Design of the product will continue to have the same
motto and logo, for reference of the brand being represented. Changes to
the product would only include the packaging and marketing strategy.
· Describe why you think
this product would make a good addition to your current product/service
offering.
- I continue to believe that having an alternative, such
as, a meal replacement on the go, will help my brand recognition and open
my target market.
Aviana, I like how you are taking advantage of the health trend and bringing it to the masses who otherwise couldn't afford expensive "better" food. I know you are concerned with sacrificing options because fresh produce and ingredients are hard to keep fresh but maybe you could just make a special in house mix (one of a kind) that you just offer in different flavors? You can use the same amount of ingredients, maybe less and still give consumers options.
ReplyDeleteCheck out my post at:
http://anicentrepreneur.blogspot.com/2016/03/amazon-whisperer.html
Hey Aviana, this is a really great post. It seems like a really unique idea and I bet it would work for a lot of people. Having a healthy smoothie that I could easily get on the go would be awesome. I think this is a great innovation to your previous idea and will hopefully be successful for you going forward. Feel free to check out my Amazon Whisperer assignment here: http://matthewent3003.blogspot.com/2016/03/amazon-whisperer.html
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