- Who you are. What your talents are. What your skills and experiences are. Also: what are your aspirations? Specifically regarding your business concept, how do you see this business (if you were to start it) playing a role in your life?
- Hello! My name is Gernise Gregoire and I am a fourth-year public relations major minoring in business management. I recently transferred to UF last year and I have a passion for being the voice of brands, public speaking and being an advocate for diversity and inclusion in the workplace and on campus. I have recently won two awards because of my efforts to improve diversity in the public relations field. I have lots of experience traveling and interacting with people from different cultures. I want to live by my experiences by providing a way from frequent travelers like myself, to save money and never miss a flight again. The new business idea I have plays a significant role in my life because as a voice for brands, I also want to be the voice for travelers. I want people to never have to worry about their next trip!
- What are you offering to customers? Describe the product or service (in other words, how you'll solve customers' unmet needs).
- I am offering individuals who are traveling for business, a product that helps them predict airport security wait time. Throughout the U.S., airport security wait times vary. People plan to leave towns, cities, and countries each day by plane without knowing how long their pre-flight process will take. My "FlyFrenzy" app is the most effective form of missed-flight prevention.The FlyFrenzy App will alert users who download the app after booking their flights. They will find out about it right after booking to receive a code with 25%. (That 25% profit will come back to us from our partnering airplane companies). Travelers will be alerted on how long security checkpoints will take four hours before their trip, on the way to their trip, and once they enter their designated airport.My product will also help boost the public image of all participating airports and plane company social responsibilities.
- Who are you offering it to? Describe, in as much detail as possible, the demographic and psychographic characteristics of your customers. Think especially of this question: what do your customers all have in common?
- I am offering it to one main group: individuals who love to travel. With this target audience, my range of people will include Generation Zers and Millenials who are either traveling for business-related purposes or traveling for fun. My audience must also travel by plane frequently. My other subsidiary group would be airport workers and airplane companies such as Delta Airlines, Frontier Airlines, American Airlines, Jet Blue, Southwest Airlines, and every airline that exist in the U.S. today. Since my product is an app, it will combine reporting from airport workers who will track security checkpoint times and report them, each airline will play a significant role in acting as partners to offer 25% off to all travelers who download, and travelers will feed off of these opportunities.
- Why do they care? Your solution is only valuable insofar as customers believe its valuable to them. Here, explain why customers will actually pay you money to use your product or service.
- Customers will believe my service/product, the FlyFrenzy app, is valuable to them because it will serve as a platform to have a responsibility, save money and never miss a flight again. It will also serve as a platform to stay alerted and updated. As a generation zer, I like to know early on about an event or action prior to diving into it. The same thing goes for knowing how long an airport security line will take before hopping on a plane.
- What are your core competencies? What sets you apart from everyone else? Also: what do you have that nobody else has?
- Currently, there are three competitors of apps that provide updates on airport security lines. To my best knowledge, these apps are reliable on travelers themselves who update the app. I believe this is ineffective because travelers cant accurately predict line-hold ups when they are stipping their bags and removing items to go through security. With my app, we will be different and effective. Only workers who control the lines will be able to update the app so incoming travelers understand their accurate line times. I will also encourage workers to provide an in-airport time clock to keep track of each person.
In addition to these five elements, please spend a paragraph evaluating whether you believe these elements fit together or whether there are aspects of your business concept that are weaker / out-of-joint with the others.
- I believe that all of these elements work well together. However, I believe what seems to be weak is getting the participation of airport workers to utilize the app themselves and help incoming travelers. This would cause a need for an additional work position in airports across the world. One person would have to be delegated to keep track of how long it takes each person to go through the airport checkpoints and how long of a wait it may be for each our. Being accurate is the weak aspect of this so my job is to come up with how I can make sure workers do their jobs correctly. This designated airport worker can easily be replaced by a technological monitor which monitors checkpoint time and predicts checkpoint time at each hour.