1) My name is Prince Powell and I'm a 3rd year Sport Management major. My talents are playing basketball, bowling, and working on improving other aspects in my life. I have a plethora of experience in customer service and retail roles. I've also been involved with the sales aspect of retail as a sales associate. I also have experience within the facility operations field as well. My aspirations are to obtain my master's degree and find an employment opportunity within the collegiate or professional basketball industry. If I were to start my business, I see it playing an important part in my life, because this situation plays an important role in my life today. Therefore, I believe that I will be focused and determined to help others achieve their goal.
2) My solution is to offer an workshop or course for students to take regarding aspects about financial management which will be required for them to graduate. This class or workshop will teach individuals about a plethora of aspects surrounding their financial opportunities and strategies. It is not designed too take up a lot of time, but it is designed to deliver essential information to the students that will better their future.
3) The primary customers for my product will be college students who are struggling to save money for various reasons. An essential theme with this primary target market is that they are struggling to save money. It is not that they don't want too or are not making an effort, but they need additional help and advice to take the necessary steps.
4) Customers will pay money for this product because they will look at it as an investment. It is an investment on themselves and on their future. This minor investment can set one up for great success in their future. I will invest my time and resources for them and give them the tools and resources that they need to achieve their goals.
5) One thing that sets me apart from everyone else is that I am currently experiencing the same issues as those that I'm going to help. I know what they are going through and I can directly relate to their problems. This firsthand experience will give me information necessary to connect directly with my customers.
The elements that I believe fit together are my customers and their reasoning for having this unmet need. Many of the individuals will have similar concerns and problems regarding this unmet need. I also believe that many students will want to enroll in this course because college students want value from the courses that they are paying for. This course can be very impactful for all students who enroll in the class. The aspect of my product that may be weaker than the others is what sets me apart from everyone else, I need to ensure that I'm offering essential information and tools which may be life changing. It cannot be the same advice and strategies that everyone gives to everyone else, it needs to be different.
I did not receive much feedback for this, so I simply tried to incorporate the elements that have been mentioned to me throughout the semester.
Prince,
ReplyDeleteI would like to hear a little bit more about the type of information that your service will be delivering to students. Although you have touched on this a little bit, I would be interested to hear more details.
Similar to that, I would also like to hear more about how you will deliver the information. Will Power Points be a great asset to you or maybe you will utilize hand-outs or maybe primarily verbal communication?
You said that this workshop would be mandatory for graduation. I do agree that this would be an awesome requirement for graduation; however, would the students have to pay for the workshop or would it be something that you pitch to the university and try to get them to cover the expenses of?
Prince,
ReplyDeleteI agree with Reece as well regarding background information about your product. I think if you provide a little more information about the proposed course, it would help people understand it and show more interest towards it. However, I think you have a good opportunity here because financial knowledge is important for everyone. I understand why you think it being a mandatory class is a good idea, but I think it being optional would be much better.