Describe the revenue drivers you currently include in your
business concept for this class. Revenue drivers are the different ways you
make money.
The revenue driver that is currently in my business concept
works through data mining. People will add information about themselves in
their profile as it will connect with Facebook and allow for them to look at
local and state elections. This interest will be on certain issues will be
noted and sold to a third-party as a form of product research for their campaigns.
Describe what kind of product offering you believe should be
next. What's the next thing your customers want?
The product that should come next is a national electoral
version of what we are planning to create with our local version. Everyone
wants to see who will be the President of the United States as that is the
highest office in the land. If we get to that point, then another leap we could
do is international elections like in Canada or the UK.
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.?
This next thing will enhance our existing product offering
since people will see that we think big in terms of politics and are willing to
expand to meet their massive demand to enter a bigger market. This will improve
user experience as it can apply to users throughout the United States. Customer
loyalty will greatly improve as they know that new products are being
constantly produced for their every political need.
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 product is an app, I went to the Google Play Store
instead. What I found was a product called US Politics News. It is an unbiased
political app that allows the person to choose the information they want from
Capitol Hill. Also includes a YouTube channel as well as the guarantee that no
story will be recycled.
What are the customer reviews for the product? What,
exactly, do customers not like about the product? What do they like about it?
The customer reviews for the product are generally positive
with some notable exceptions including people upset about advertising being a
part of the application itself. Concerns of bias were also brought up as a
result of editorial bias. People like how in the stories and data that they do
provide is quite unbiased and free of a lot of rhetoric.
Describe what design/usability changes you'd make to the
product.
I would change the design to make much more social and easy
to use. The overall app looks quite crude since it is only designed to deliver
information as opposed to make that information appealing to the populace at
large. I would also decide to scale it down so people do not have the same
complaints as local elections are nowhere nearly as biased, just lack
information.
Describe why you think this product would make a good
addition to your current product/service offering.
I think this product would make a good addition to our
current lineup as it would introduce us to many politically minded people that
don’t have time for minor elections. These people just don’t care about local
politics all that much due to the sheer lack of information despite having near
the same effect on their lives as state and national elections. It also gives
us a good base to build on for an ever-bigger political project.
1 comment:
Michael,
Great job on the post. I like how you're going to incorporate social media into your product, since social media is becoming such a large factor in the success of a company. Also, I like what you have planned "next" and how you have your ambitions high going from national to international with your product.
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