Monday, July 11, 2016

Amazon Whisperer- Week 11

The revenue drivers that are included in my business concept of a phone application that can be used to purchase goods at a store is advertisements on my application. Also, a revenue driver would be the ad-free version of the app that is for purchase.
The kind of product offering you believe should be next in my business concept is a chip the size a quarter than can be attached to your key chains. This chip holds one of your credit card information and allows you to make purchases while at a store.
This chip will enhance my existing product/service offering because it gives people you do not have a smart phone to be able to make purchases without having a wallet or a credit/debit card.
There is not a product that is similar to the one I want to offer next, but it would be about the size of a quarter and it has a hole in it to be able to be added to your car keys.
I believe the customers may not like about the product because anyone could steal your keys and use your cards. I believe they would like about it not having to carry around a wallet.
The design I probably will change is you have to have your finger print press on the chip before it can be scanned for use. This added feature would allow it to be more secure.

I think this product would make a good addition to my current product/service offering because it allows you to not have a smart phone, but also offers a simpler way to purchase goods. 

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