1). My revenue drivers are the convenience of having
groceries and fresh produce that fits the needs of certain unmet sectors,
specifically those with dietary restrictions such as gluten free, vegan,
lactose intolerant, kosher, and diabetic, in an on campus market at a reduced
price. Having a store on campus with convenient hours, low prices, and foods
not offered at tradition grocery stores are the key resources that make us
different.
2). Just as gluten free has become a recent trend in many
upscale bakeries, such as cupcake shops, I think the focus in the future could
be expanding to be accommodate many different dietary restrictions. Eventually
science and technology could potentially create ingredients that both tastes good and are able to be digested by those with certain limitations. For
example, creating a wheat substitute that can be digested for those with celiac disease or
a sugar that diabetics could process. Genetically modified foods are currently
being developed, so I don’t think it’s an impossible task to be developed in
the near future.
3). If advances in science ever got us to that point, this
would be extremely beneficial because a market such as this could expand and
sell other types of foods with these new ingredients. It could also expand the
customer base because if it tasted as good as the regular ingredient and was
sold at a similar price, others may buy it too. For example, if a man was
married to a diabetic, he could buy this sugar and eat it himself as well
because he is already buying it for his wife and it tastes just as good.
4). The product I described above does not currently exist yet. It
is an ideal model to hopefully be invented in the near future, so I had to
loosely interpret this to just be something similar on Amazon. I chose a gluten
free flour that is commonly used in baking since we were talking about similar
ingredients above. Pamela's
Products Gluten Free Artisan Flour Blend currently ranks 4.7 stars on Amazon
with 466 customer reviews.


5). The customer reviews are very high for this product,
averaging at 4.7 stars out of almost 500 reviews. For the negative comments,
the principal complaint is that baked goods are sometimes too dense and
flavorless compared to similar flours. Similar complaints stated that it is chalky-tasting and can be too crumbly. As far as the
positive reviews, 68% gave it 5 stars, so definitely a majority. They like that
the flour can be used in almost any recipe and it turns out consistent every
time. Many of the reviews even say that they use it as a substitute for regular
flour and prefer it.
6). It is flour so there is not much to change for the
design. I like the packaging and the reviews are mostly positive, so I would
agree that they are doing something right. If I were to change something, their
pancake mix has a perfect 5 star rating, so I might adapt some of the successes
from other more successful products and see how they could potentially improve
this one. I am by no means an expert baker, but if anything, I would thin out
the flour slightly too to make it more refined based on customer reviews.
7). For a store that specializes in groceries for those with
dietary restrictions, this product would fit perfectly. Someone who is gluten
free and wants to bake some muffins could run in, pick up all of their
ingredients at our market, and go home to bake without worrying about checking
the labels 100 times to see if it’s safe or not. This flour would be a great addition
to sell in our market because it further diversifies our product line.
hi,
ReplyDeleteI think your of making bakeries without the harsh effects of sugars on people, like diabetics, is brilliant! I have an elderly grandmother that would love to eat desserts and pastries with your innovative creations in them. You have true potential in this idea that can flourish in the industry. I recommend that you study the different sugar-free flours and hopefully science will advance to allow this to happen. Check me out if you get time: http://vincentdimenna.blogspot.com/2016/03/amazon-whisperer.html
That's a great concept that you have touched upon and it would benefit a lot of people greatly. My daughter was allergic to milk for the first year of her life and we had to purchase a special type of formula that broke down the proteins which then allowed her digestive system to process it. It was a very difficult time and the cost of the product was very expensive but in this case very necessary. I figure as these different types of products come to market and are adopted by the buying public, the costs should level out and be more accessible. A lot of these products are niche products and are incorporated into gourmet and specific food manufacturers as you mentioned, bakeries, etc. All in all, a great idea and I hope one day you can bring it to fruition. If you'd like to read my blog post you can find it here: http://ruben-s-castro.blogspot.com/2016/03/amazon-whisperer.html
ReplyDelete