Idea Napkin:
1). As a marketing major, I definitely have a larger focus
and the most experience with public relations, marketing, and advertising. I am
also a communications minor and believe that people skills are at the top, if
not the most important skill to have. I was diagnosed with Interstitial
Cystitis recently and believe that struggling with a dietary restriction first
hand makes me even more passionate about this business venture because I live
with making these decisions every day. I think it is essential to incorporate
one’s personal life into their career, and I hope to somehow connect my
experiences with my job so that I am doing something everyday that I am proud
of.
2). My idea is an on campus grocery store, similar to the
POD, specializing in groceries in others foods specifically for those people
with dietary restrictions. This would be a sort of market with both fresh foods
but also food on the go at a cheaper price for students on a budget. I believe
there is an unmet need because there are not many options available for those
with dietary restrictions, especially on campus.
3). My larger demographic is all college students because
anyone would like an on campus grocery store with cheaper and healthier
options. Specifically, my target segment of that larger population is those
college students with dietary restrictions such as being gluten free, diabetic,
vegetarian, or Kosher. For example, you may not know Oreos are vegan. These can
be enjoyed by all college students, but specifically meet the need of many
particular segments. The overall demographic is broad, but it also fulfills the
specific needs of groups that are often left out of mainstream food and grocery
options.
4). When your body cannot physically process certain foods,
it is invaluable to have the right foods available. Many people who have these
restrictions have to go with whatever fits their needs even though it is often
not the most appetizing of choices. You may crave the chocolate cake, but if
your body can’t process it, than you can’t eat it. This is unique because it
would help provide more options to people who are used to such a limited
selection. I know I personally would be willing to pay for a service that
broadens the scope of food choices, and I think that others, especially with
dietary restrictions, would feel the same way.
5). This is an original business concept. This sets me apart
because there is no grocery store that provides options specifically for these
segments, let alone one on campus at an affordable price. It is a new idea, and
with the introduction of so many new dietary trends, I think it is long
overdue.
I think all of these elements fit together in one way or
another. Although some parts of the business plan are slightly stronger than
others, I believe it is an invaluable concept to people with dietary
restrictions. I obviously want to continue to improve upon the idea in any way
possible, but I am very satisfied with it overall. Food is a basic necessity of
life, and something as basic as eating can be taken for granted until your
options are limited.
Feedback Memo:
1). My passion stands out and makes the message even more
powerful.
2). Even for those who don’t struggle with a dietary
restriction, more options on campus at a lower price would benefit many
segments.
3). Could bring the campus and overall community together by
creating a place where everyone can find something to eat.
4). Marketing major/people skills transcend across my
business idea as well.
5). Very original concept/fits an unmet need/would
definitely be beneficial to increase the number of options available.
I tried to continue to incorporate the notes above in my
post. As I mentioned before, using passion and personal experience to bring
people together has always been important to me, so that is a continued focus.
I elaborated a little more on many areas, but honestly kept a lot of the
original structure as well. I also tried to further expand on how it could meet
the needs of a broader demographic (all college students) instead of just the
target segment (those with dietary restrictions). In addition, I explained more
about cheaper pricing because that seemed to be a popular theme. Overall, the
feedback was very positive and I used it as a tool to further develop by
business idea.
Hey Michelle! I loved this idea. Your experience and passion behind this is so influential and can only do positive things for your idea. I think its good you kept most of your original ideas, its a very good pitch!! If you want to see my idea, it can be found here: http://entblogemilytreasure.blogspot.com/2016/03/idea-napkin-no-2.html
ReplyDeleteHi Michelle!
ReplyDeleteI think that your business concept is great! I definitely wish there were more grocery stores available on campus, or at least in walking distance. It's a great idea to sell foods that appeal to students with dietary restrictions. I think that because you have a personal relation to this business concept, you have the motivation and ability to make it become a reality!
Cool idea!
Check out my blog post if you want!
http://lilliegilmoreent3003.blogspot.com/2016/03/idea-napkin-no-2.html
Hi Michelle!!
ReplyDeleteYou have a pretty cool business idea, we could definitely use more grocery stores on campus, because it's a stressful event to go get groceries on a weekly basis. http://loganbrownuf.blogspot.com/2016/03/idea-napkin-no-2.html