Wednesday, March 23, 2016

My Unfair Advantage

1. Large network of diverse people known

  • Will allow word to spread faster because of the different outlets of support available. An advantage that proves successful for any good business. 
2. Entertainment company to help sponsor business

  • Can gain financial support from entertainment business.
3. Marketing educated

  • Will help when it comes to ideas for raising awareness about the service.
4. Multiple college students with scooters

  • Large employee basis can help the business strive in the future. 
5. Prime location for a similar target market

  • The location of the business is surrounded by the target market for the service.
6. The service being offered itself

  • There is no other service like this so once entered into the market it will be different and unique from others. A service that no one has seen before will really help distinguish it from others. 
7. Convenience

  • The amount of convenience that this service will offer will prove to be one of the most beneficial aspects of the company itself. 
8. Perseverance

  • The ability to keep growing and keep pursuing the best for the business no matter what obstacles may be thrown my way. 
9. Customer tailored

  • The service is all about the customer and what the customer wants so there are endless decisions that makes the service more appealing than others. Also, this is the first time where you are not given a set inventory of snacks that you have to choose from.
10. Inexpensive

  • The service price will be very cost- efficient which is one thing that will really attract the target market because of the quality of the service and what is being asked in return for compensation. 

I think that the most important resource that I have is the fact that the service will be customer-tailored. The ability for the customer to use a service that gives them options that they wold not be able to receive anywhere else will cause the most traffic generation. I think that this will in the beginning stage cause the most traffic generation to the service

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2 comments:

  1. UnknownMarch 31, 2016 at 12:23 AM

    Hello Markemia,
    Great job on keeping up with your blog posts. I really liked the different resources you thought of some of them I didn't even think about myself but are definitely important aspects of running a business. I would have liked to have seen a little more analyses with the VRIN aspect of each resource but I understand this assignment was a little confusing. You can check out my post here: http://theentrepreneuriaou.blogspot.com/2016/03/my-unfair-advantage.html

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  2. Alexandra SteeleMarch 31, 2016 at 5:04 PM

    Markemia,
    Thanks so much for sharing! I am a tad confused on what your company is providing but the resources that you have readily available will definitely allow your company to flourish! The fact that your service is customer tailored and provides options for the customers also raises your effectivity as well!! Keep up the good work and feel free to check out my blog at http://blessingsinablog.blogspot.com/2016/03/my-unfair-advantage.html

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