Wednesday, February 19, 2020

Idea Napkin#1

  1.I am an exchanged finance student from Chulalongkorn University in Bangkok, Thailand. My dream is to open a business that I feel the needs of it. Moreover, I really love fashion and beauty; therefore, I hope to combine my business knowledge with my passion.

        2.The product and service I am offering to customers is a winter-wear rental service. Customers could rent winter-wear for a certain period then return to us. They can choose various styles, and different types ex. Ski suit and fur.

 I      3.I am offering this product and service to anyone who may believe buying these stuffs are a waste of money for hot climate countries but need them while they go on vacation.

        4.Customers would care about this product and service as it would allow them to save costs, and can always choosing new styles.

        5.The core competencies I possess is my desire to make winter-wear rental wear as convenience as possible; everything can be done online with excellent customer service.

I believe that these five elements fit together. This business has clear targeted customers and also the main purpose of why this kind of business should exists.

3 comments:

  1. Hey Bay! I think this is a great idea and that is so cool you are exchange student from Thailand. You did a great job identify something that people would want because people want to have cute clothes, but don't want to have to go out a pay full price for something new especially if they are only going to wear it once.

    ReplyDelete
  2. Hey Bay,
    I like how you are looking for ways to combine your interest in fashion and beauty with your knowledge and passion in business. I find this idea really interesting. I think I would use a service like this because the times that I would need a heavy coat are not very often. Although I am curious to what the competition is in this market. I admire your passion and think you'll be able to be successful if you keep up the hard work.

    ReplyDelete
  3. Hey Bay! It is great to hear that you are introducing a business idea to the class that you are passionate about. It is really cool that you are an exchange student, too! You did a good job identifying people that would need a product and service like this one, since a lot of people do not want to pay full price for clothing they don't wear often. Good job!

    ReplyDelete