10A - Elevator Pitch No.1
https://youtu.be/LzJhsAydMi4
9A - Testing the Hypothesis, Part 2
Interview 1. a) Who: he has never heard of the product before, does not think that there are a lot of businesses with a similar product b) What: he identified efficiency as the need, and he thinks that people who are not in a hurry or are not in a formal capacity c) Why: yes, because not everyone would find use in this product, some people would rather get a cheaper more simplistic product Interview 2. a) Who: he said yes, he thinks that staples has hole punchers and I am just combining two products, Michael’s has school supplies b) What: Effectiveness, he thinks that this product will save a lot of time then manually having to place reinforced stickers on the holes c) Why: he thinks people that are less organized would be more likely to use it because they have a higher chance of the binder rings ripping the holes Interview 3. a) Who: m...
Hey Michael,
ReplyDeleteYour first elevator pitch was pretty solid. You addressed what the problem was through your real-life example and explained how your product would fix the problem. There's only one suggestion that I think would be beneficial for your future elevator pitch assignments. Pryor talked about avoiding talking about yourself too much so I think avoiding the use of "I"s and instead going more in-depth about the markets your product would be targeted towards and the added benefits for those target markets specifically would greatly improve your future pitches.
Michael,
ReplyDeleteGreat job with your elevator pitch. I also agree with Bernard that you adequately addressed the problem in your video. This hole puncher idea of yours is definitely efficient and probably isn't that expensive of a product. I can see it being bought by schools and corporate offices. If you were to change anything with your video it would be to just make it longer. Hitting that 90 second mark is a great strategy to sell your idea.