Amazon Whisperer Week 11
- Describe the revenue drivers you currently include in your business concept for this class. The different ways I make money is through selling custom made gun holsters, kydex wallets, and custom mag holders. I also make revenue off personal buyers and companies that want to buy in bulk.
- Describe what kind of product offering you believe should be next? The next big thing that I would like to start selling is gear for outdoor users such as hunting and fishing. Things as long sleeve sun protective shirts, backpacks, glasses, and hats.
- Describe how the "next" thing will enhance your existing product/service offering. Does it improve the user experience, does it increase customer switching costs. The next thing will make my sales sky rocket and change the customers experience not only because they are getting custom holsters they now will be getting discounted prices after a sale on gear for whatever the occasion. It will also bring me new customers because it is marketing my own brand when someone uses it or wears it.
- 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. The products are simple but yet effective when it comes to people wanting to buy additional items on top of the holsters or wallets especially for a discounted price. The shirt was on Amazon for 12.00-15.00 dollars with prime. The pouch was $15.98 on Amazon.


- What are the customer's reviews for the product? what exactly do customers not like about the product? What do they like about it? The tactical pouch has an average 4.5 out 5 star rating on Amazon. The pouch contains little things such as the flashlight and a tool. Almost every customer enjoyed the pouch once arrived and loved that it came with a flashlight they all thought it was handy. The few dislikes I got from this product was that it was smaller than they thought it was going to be and disliked it for the size.
- Describe what design/usability changes you'd make to the product. I would change the shirt to have my company logo or name on the back and the front would have a different desings per shirt. As for the tactical pouch I would make some with digital camo or some with just plain colors because not everyone likes camo. And I would make it cheaper once someone bought a product from me. Also if the amount total is over $60 a customer can pick from a free shirt or a free tactical pouch.
- Describe why you think this product would make a good addition to your current product.service offering. I think this product would be a good addition to my product business line because it gives people the incentive to spend over 60 dollars for free sports wear or gear. I know personally I would try to get my bill that high for something free just for getting something I needed for my gun.
Hi, I like how you have done your research and examined the potential market for your own ventures. Having a good knowledge of the area you will be competing in is going to give you an advantage over other entrepreneurs. You seem to understand your idea well and other similar products. Feel free to check out my blog as well: http://phatblogz.blogspot.com
ReplyDeleteGood job,
Ben
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ReplyDeleteHey, great job on actually going through with the exercise and finding something to add to your business endeavor. There are some other people who did not do a good job of finding something that fit their business idea, and there are also some people who did not give a good explanation or description of what their business was about. I happen to think you did a great job with both, and although my application that provides quicker, cheaper meals for college students doesn't relate to your business venture, I do think that the way we went about this exercise was very similar.
ReplyDeleteAlso check out my blog post:
http://sebastianent3003.blogspot.com/2016/03/amazon-whisperer.html
Hi Keith!
ReplyDeleteYou did a really great job on this assignment. I liked how in detail you went in describing your product and how it would be similar to/ different from the products you found on Amazon. Thank you for using pictures- it makes it a lot easier for me to know what you're talking about! I also appreciated that you listed the costs, and mentioned how much it would be with shipping. There are so many times when I'm thinking about buying something, but after adding in the cost of shipping it just doesn't seem worth it. If you'd like to check out my blog, here's the link: http://nicmcq.blogspot.com/