My product is a pet tag
that you can attach to your pets collar. In this tag I would imprint the
pet owners information so if the dog escapes and gets lost, anyone can grab the
animal look at the owners info and easily get in contact with the owner.
This is a very simple and convenient idea, actually no one in my home town
sells this and you can see a plethora of strays in the streets every day. The
sale of the tags and animal collars are the revenue drivers. The items
are the different types of pet tags, some of them have the shape of a bone
others the shape of a paw they also come in different colors and sizes. For the collars its basically the same thing there are different colors and sizes,
some have nice things printed on them.
The benefit of my product
is being able to find your lost animal much quicker, or actually being able to
find the animal (many animals are never able to return home!)
The tangible is very
basic this is a metal tag that has either the shape of a bone or the shape of a
tag that comes in different colors which you can attach to your pets
collar.
Since this is an
initiative mostly to help strays and their owners, and its something I'm
starting on my own with my own capital. The only augmented benefit I can offer
is that for every four tags bought you get the fifth tag for free. So I hope that people
will incentive their friends to buy tags that way the fifth pet gets his tag
for free and as easy as that there are five animals with tags that previously
didn't have any.
As far as innovation goes, there are a couple of ways in which I can
alter my product to attract repeat costumers that would like to upgrade to a
more durable or a more fancy product. There can be benefits for people that
want to attach a fancy and expensive collar to their dog, so importing
expensive collars would be something I could do for costumers that want to
order something in advance. Also, more models of the actual tag can be
imported. For the product itself the one I want to start working with, I guess
I could somehow alter the packaging to make it nicer, or probably even give
some type of gift boxes so that someone can buy a pet tag as a gift for a
friends dog.
Hi Nicolas,
ReplyDeleteYou did a very good job of explaining the problem and how you plan to solve it. I beleive that you can get in on the ground level of your opportunity and get it started quickly. It will be relatively easy since you don't have to develop any technology, simply acquire existing equipment and focus on the importance of buying your product.