Showing posts with label Week 9. Show all posts
Showing posts with label Week 9. Show all posts

Sunday, March 13, 2016

Week 9 Reading Reflection

Week 9 Reading Reflection



1)      I was really surprised how many different marketing strategies there are and how they can differ so greatly between companies.
2)      One part of the reading that was very confusing to me was primary and secondary data. Why is one taken before another? Why are there two different sets? Isn’t data just…data?
3)      2 questions I would ask the author…
a.       What do you think the most effective marketing strategy?
b.      Do you believe in guerrilla marketing?

4)      I disagree with the author’s statement about the internet not being an effective marketing tool because of its limited audience. This book must be outdated, because while internet marketing won’t cover every person, it will cover a significant amount, especially if the business is targeting teenagers and young adults. 

Week 9- My Secret Sauce

Five ways I think I have human capital that is truly unique:
1)    I am extremely well rounded. I am apart of many clubs and sports while maintaining a large workload from school. I am very used to managing a hectic schedule.
2)    I am always positive. I have a habit of always thinking the best of people and situations. I will try to never let a situation bring me down.
3)    I am a pacifist. I do not like it when people argue unnecessarily and I will always try to resolve these arguments in the easiest and least painful way possible.
4)    I am inherently curious. I will always be the person to ask “why” in every situation. I love to learn about new things. This curiosity has led me to retain information in many different subject areas.
5)    I am a hard worker. My dad stayed at home with me while my mom worked so he had a huge influence on my upbringing. I always had to work hard to get the things I wanted. This combined with the fact that I have swam for 11 years now has made me into an incredibly hard working individual.
Reflection:

I dug really deep into this assignment. When I was thinking about traits about myself I thought of things that other people may not necessarily notice or identify the same way I do. For example, I am a very curious person. This came out in the interviews as me “being a good cook”. One of my favorite things to do is cook new things and experiment with the ingredients I have. Another example of this is my athleticism. Almost every one of my interviewees mentioned this; I brought it out as being a hard worker. For the most part we are on the same page, it was just worded differently. Every person I interviewed is very close to me, and it seems like they know me very well!
interviewed my 3 roommates, my mom, and my boyfriend. Enjoy! 











Monday, March 7, 2016

Week 9- Idea Napkin No. 2

Idea Napkin No. 2
My name is Courtney Meyer and I am a sophomore at the University of Florida studying Criminology and Business. I am an extremely active individual with a love of swimming, wakeboarding, and snowboarding. I love helping people further their love of sports and activities; that is why I want to pursue my “Snack Pack” invention. I want people to be able to train harder and longer so they can meet their desired goals.
The product I am offering is a little something called a Snack Pack. The Snack Pack is a small waterproof pouch that easily attaches to a water bottle, or sports bag that allows the athlete to quickly and efficiently access a small amount of food of their choice (energy chews, granola, crackers, etc.) when they are hungry.
I am targeting people of any age and any gender who are hard-working athletes. The key is to have someone that trains hard enough and long enough that a small amount of food would actually benefit the person during their workout. This is why I am targeting swimmers. Swimmers train vigorously for up to 6 hours a day.
Athletes will buy the Snack Pack because it will help them reach their training goals faster than they would have without the product. The small amount of food during the workout will help the athlete train harder and longer so that they can reach their goals faster than others.
What I have that no one else has is experience. I swam for 11 years. I know what it’s like to train on an empty stomach…it sucks. All you want to do is quit and go eat. If had had a snack I would have been able to combat the hunger and continue swimming harder.  I can personally relate to these hungry athletes. But have no fear, the Snack Pack is here.
Do these elements fit together?
I believe my experience fits perfectly with my product. I understand what these athletes are going through and I know how to help. I acknowledge the fact that every athlete is different and therefore have different needs. Some athletes may not benefit from a snack, that’s okay, there are still many athletes that will benefit from my product; I was definitely one of those people that would have benefited. The weakest aspect of my product is the simple fact that not everyone would like a snack during a workout, but hey, they say that 20 percent of the people will be all of your sales!
Feedback memo: 5 things that the feedback helped me on…
1)    Highlighting the fact that the product is waterproof
2)    Clarify how easy the product is to use
3)    Acknowledge the fact that some swimmers may be hindered, it’s all about the preferences of each athlete
4)    Mentioning what kind of snack could be put in the pouch

5)    Highlighting the fact that the product attaches to a water bottle

These suggestions helped me a ton on my idea napkin. Other students told me what aspects they liked about my product and what aspects were weaker. These suggestions helped me figure out what aspects of my product I should highlight on my idea napkin. I also took the weaker aspects of my product and tried to show how it is still okay and how my product would still be useful.