Friday, February 16, 2018

11A - Idea Napkin No. 1


Me
I am a Geography major with a focus in Geographical Information Systems. I have skills in basic engineering and coding out into experience with a coding internship and building robots. My aspirations are to use GIS in correlation with hardware to make new opportunities in not only geography but in other areas as well. If I started this business, it would make a great introductory for me in the information systems and prepare me for other companies that deal with geographical technologies.

What I am offering to customers
My product is a hardware device that is small enough to be on a key-chain or fit in a wallet that reminds you where they last are and when you are about to forget them. This product will make it so no one will ever lose their keys or wallet again, with just having to look at their phone with the app that comes along with the hardware device. The app will show you the last place your keys or wallet was and send you a notification when leaving without either one.

Who am I offering this product to
The people who I am making this product for are the people who are forgetful or lazy about the management of their keys and wallet. These people don’t feel like keeping track of their things and would want an easier way to know where their belongings are at anytime they need to know.

Why they care
These people care because keys and a wallet are almost as much of a need as a phone is nowadays. People need their keys and wallet to drive somewhere or get a bus ride or buy anything. Most people who need their belongings are in a hurry and after to look for them in a rush before they leave their home and it sometimes causes people to be late.

Who are my core competencies
My main competitor would be the company tile who shares most of my idea; however, theirs does not notify you when you have gone away from your belongings reminding you to not forget them.

These five elements fit together with my background and future in coding hardware with this company that will make geographical readings that then interpreted for the user to know where their keys and wallet were last. People need this kind product because we are selling to humans who are forgetful and not perfect. This device helps in small aspect of finding lost things and notifies the user before they ever lose said items. The only weaker aspect of my company compared to tile is that I did not think of a community to help with lost and found because I was thinking of this as a more personal product.

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