Thursday, February 8, 2018

Testing the Hypothesis, Part II


9A: Testing the Hypothesis, Part II

Through out the interview process the second time around, I found that people aren’t excited to be on their phones for social media when they can be social in person.  I think everyone has that feeling (or hope so), but because of how easy it is to start going between social medias while people around that it seems that phones are greater than human interactions sometimes.  This is my solution.

Who: There are certain social media users that fall outside of the boundary, though they share a lot with those in the boundary.  The biggest group is those that don’t download the apps on their phones, but rather just go on their computers or through Safari.

During the interviews, I found that a lot of people actually prefer to not have social medias on their phone due to the distractions and notifications (the red dots with numbers that appear on apps).  I think a tweak I could make is to not make the app send notifications, if that would be something that people would rather have.  From the sounds of my interviews, this is actually a big motivating factor.

What: Yeah, all the apps already exist on the phone, which people were not shy to already tell me.  The need is different because from other social media apps because it gets rid of all those annoying notifications, eliminates wasted time switching between them, and creates a place for people to quickly go through their social medias so they’re not “wasting time” on their phones when they could be making real connections in person.

Why: The underlying cause of the outsiders’ need is different because a lot of the people don’t have all their social media apps on their phone because they don’t want to get the notifications and don’t want to waste their time on their phones when they can be making real life connections.

Summary: In my findings, the people that were out of my initial opportunity were the people that were not going on social media through the apps on their phones.  I tweaked my idea now to not only an app, but also a website that would make it so that people wouldn’t get lost changing through their social medias any where.


Inside boundary
Outside boundary
Who
Social media users through apps on their phones
Social media users who avoid social media apps on their phones
What
Need is for people who want to not waste time on social media and those that hate getting too many unimportant notifications from social media apps
Need is not for people who want to waste their time on social media
Why
There are too many social medias and not enough space for all of them on phones
Helps people stay off their phones when people are around


Solving the Problem


8A: Solving the Problem

As a fan of The Office and It’s Always Sunny In Philadelphia, I’m very well versed in business ideas and ventures that the employees and gang takes on.  Whether it’s the Always Sunny gang getting involved in a ponzi-scheme or fraudulent steak restaurant, or Michael creating his own paper company, finding an opportunity and taking it is something that I have grown by watching my favorite TV shows.

Be that as it may, the two opportunities that I have seen a while doing the previous exercises are consolidating social medias to one app and a social media for screenwriters.  I’m going to focus on both, but originally my social media opportunity was broader.  Wouldn’t it be great if instead of a new social media for screenwriters to connect there was just an app for where they could just find each other on the social medias they already have?


The product I’m proposing is an app for screenwriters that they can connect through all of their social medias.  So instead of having a completely different social media, the screenwriter would sign up for this app and log into all of their social medias so that they can find and connect with other screenwriters.  This would eliminate a new social media that people would feel like they had to log into, and would rather solve the problem without creating a new problem.

Thursday, February 1, 2018

Testing the Hypothesis, Part 1


Assignment 7A

Merging all the social medias into one place

The opportunity that I am pursuing is merging all of the social medias (Snapchat, Twitter, Reddit, Instagram, Facebook, LinkedIn, YouTube, etc.) into one place or app.  Social media users are lazy and hate switching between all the apps.  If there were a place for all of these, there wouldn’t be a bunch of annoying notifications coming from all these platforms.

·      The Who: Social media users
·      The What: Social media platforms
·      The Why: Laziness, switching between apps, and annoying amount of notifications coming from all these platforms.

Testing the Who: There are numerous people with this need.  With millions and millions of people using each of these social medias out there, there is definitely an opportunity, especially when collaborating between the platforms is growing.

Testing the What: Social medias and networks are what the TV was by the 1960s: everyone has them.  Most of the time anyone is on their phone anywhere, at any time of the day, they are on some sort of social platform connecting with friends or browsing through their newsfeeds. 

Testing the Why: This comes down to notifications, the hassle of switching between apps, and phone storage space.  If there were one app for all social medias, you wouldn’t need to have 10 different apps taking up about the same amount of data.  Being more efficient is better when you are someone that is lazy.


Interview #1: While talking to my first interviewee, my brother Jacob, I found out a lot about his social media surfing preferences.  He said that while he is on one social media he might get a notification on say Instagram and have to switch to it, wait for it to reload, respond, and then go back to where he was on the other one.  This was problematic for him because sometimes the other social media would reset and he’d have to scroll all the way back down to where he was initially.  One place to look at everything would be more beneficial because he wouldn’t have to repeat this step every time he got off one social media app to go somewhere else on his phone.

Interview #2: My second interview was with my close friend since sophomore year of college.  He said he HATES having to have all the different apps on his phone for his social medias.  He is an avid PrequelMemer on Reddit and said a place to create his memes and put them on the app directly would be a cool feature for the app as well, but I think that goes beyond my additional idea of just social medias in one app.

Interview #3: The third interview was with my girlfriend Gabby.  She deleted Instagram and Facebook from her phone because they were too distracting.  She also said that if there was one app with all the social medias, it would be hard to turn away from her phone (and that app), which is something that I would have to consider if I were to produce this app.  Also, she has to log in in Safari to her Facebook and Instagram, so a place for even saving passwords might be something she would consider.

Interview #4:  My fourth interview was with my mother about social medias.  She is new to using Instagram and Facebook, and she wants to get into even more new social medias.  She said that a place for her to have her new social medias would be cool if it were easily accessible and not hard to go through.  This is interesting because I didn’t think of the people who had a hard time surfing their social medias and is something I would have to consider when designing my place for all the social medias to be.

Interview #5: This interview was with my little brother’s girlfriend Katie.  She said she doesn’t use many social medias besides Facebook and Snapchat on a daily basis.  She even asked how this app would be beneficial when she only had to go on those two platforms, which got me to thinking.  Additionally, how could I have a place for those two social medias?  These are some things I would have to consider when working on this opportunity.

Summarization of my findings:  I now know that everyone isn’t the same as me while using social medias.  I use almost every single one on my phone, whereas some go on their laptop.  Another thing I learned was that people might not know how to use them and switch between them as well as me, so that would be something to consider as well.  Lastly, I think it’s interesting that some people are annoyed with the apps losing their spots while they switch between social networks.

Monday, January 29, 2018

Identifying Opportunities in Economic and Regulatory Trends


Assignment 6A

Hipster Culture and Instagram Are Responsible for a Good Thing
Opportunity:  I’m pretty sure there is an opportunity here for a number of reasons.  One, using art, murals and paintings as a form of advertising instead of traditional advertising is something that will actually be noticed.  Hipsters seem to be interested in art and murals and this would be a good way to advertise to them.
The prototypical customer: Hipsters in large cities such as Portland or Seattle.
Exploitation: This opportunity is relatively easy to exploit because it not only creates a beautiful scenery inside otherwise bland city building walls, but also helps advertisers get to their desired market.
Why I saw opportunity:  I think for me, it has a lot to do with me being an advertising major and someone who *appreciates* art. 

Trends to watch with Programmatic Advertising
Opportunity: There is an opportunity here for advertisers like myself to become more efficient.  Computers can compute and make transactions so much faster than humans, so it makes sense.  There is an opportunity to create apps and other forms of platforms to help get programmatic advertising even more ahead of the curve.
The prototypical customer: advertisers and advertising buyers are the prototypical customers.
Why I saw opportunity: Apps are created for everything nowadays, such as sending money on Venmo or ride-sharing on Uber.  It makes sense to use it in an industry to buy and sell advertising.

Open Banking
Opportunity: With the start of open banking, there is potential to create a relationship with Facebook or Amazon where your banking will help you make purchases easier. The opportunity is to team up with Amazon so that you don’t even have to put in a credit card information, but take the money directly from your bank instead.
The prototypical customer: Anyone who banks or uses Amazon.
Why I saw opportunity: Amazon does something similar with Whole Foods where you just scan your groceries and walk out.  I had to talk about this impact in one of my classes so that’s how I saw the opportunity.

Repealing of Obamacare
Opportunity: If Obamacare is repealed, a lot of people might be out of healthcare.  The opportunity is to become a provider of cheap healthcare for those in need.
The prototypical customer: Those who cannot afford a ridiculous plan for healthcare and want to still be covered by insurance for not a huge fee.

Why I saw opportunity: When there is deregulation, markets start flocking to help meet unmet needs of a vast majority of people.  This is why I think this could be a successful business.