I think my elements all fit together very well, my demographic is very on-point and I believe my idea to be sound. The only real weakness I feel in my business plan is that developing and running an app is not totally congruous with my plan to go to Dental School.
Wednesday, March 9, 2016
Idea Napkin No. 2
My name is Jordan Lopez, I am a 3rd year Business Admin. major and am planning on going to Dental School after I graduate. I am good at public speaking. If I were to start my business idea, I would like to oversee it as I continue with my education. My product is an app that allows college students to get advising info without having to go to the adviser. This includes functions like planning out future semesters, checking degree audits, and viewing class catalogs. This allows students to avoid going and waiting in lengthy lines to get simple questions answered. The demographic for this product is college students, plain and simple. From freshman to senior, this app is useful to all of them. College students are busy, and advisers can have limited hours and long lines to see them. With that in mind, being able to pay 99 cents to download an app to have their questions answered and more would be a very attractive deal. But an even better way to get this app out to students would be to market it as a service to specific schools that could pay for it on their students behalf, making it a free bonus for students of that school What sets me apart from others with regard to bringing this idea to life is my skill at thinking through prospective demographics, public speaking skill, and knowledge of the app market. I believe I have a detailed and thorough understanding of the app market that few others have through my extensive research on the subject.
The biggest and only feedback point I got from my comments on my last Idea Napkin was that I should make the app be available for free to students. I could accomplish this by selling the app to the schools so they could provide it to the students for free. This makes the app easier to access as students do not have to pay upfront for it, and works for the schools as its a nice bullet point on their advising website.
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I like your idea and i think it is easy to see what Demographic you are targeting. I wonder why you are charging for the service. Couldn't the service be included in our student fees? Also do you have a background in programming? I have a few app ideas myself but i am afraid that the programmers would eventually try and take credit for my ideas. Either way i wish you the best of luck in your venture! Heres a link to my blog and idea napkin on wine. http://alexandvon.blogspot.com/
ReplyDeleteJordan,
ReplyDeleteI really like your idea as finding an adviser to meet with me at a convenient time is something that I struggle with every semester. If such an app exists, I would definitely use it and I know others would too. If you would like to read my blog and about my napkin, please go to: http://mitchallenent3003.blogspot.com/
Thanks,
Mitch
Hi Jordan,
ReplyDeleteI love this idea and I know so many students would benefit from it, including myself. However, I think that it may not do as well if you were charging a fee for the installment of the app, because students will still have the option to see their adviser for free.
I still think this is a good idea though and I wish you luck! I'm sure you can still find success in your dental degree while working on this business plan, it will just take extra work, but I'm sure the outcome will be worth it.
If you're interested in my business plan here's the link:
http://blogsfirstwords.blogspot.com/2016/03/idea-napkin-no-2.html
Hello Jordan,
ReplyDeleteAs a college student I am already 100% in love with your idea. Going to the advising office is such a dreadful and tedious task. Especially around registration time and drop add week. An app to contain all the advising info is a nice efficient way to resolve the problem of how difficult it is to meet with an advisor in a timely manner that actually is a big help to you. Great idea!
Check out the link to my blogpost where I discussed my napkin idea, Clear Vote!
http://jbasta.blogspot.com/2016/03/week-9-idea-napkin-no-2.html