What is next for my business? That is a very good question. In the future, I would like to continue providing the same service that I am currently providing. However, I would like to expand it to reach a larger amount of customers.
Setting a path for the future is not easy. It takes many hours of planning. I would like to expand my venture and grow in my existing market. To do this, I will have to reach out to more kinds of customers. I can do this by marketing my business differently. I will advertise a lot more so more people will be able to hear about the idea. I will also make available to everyone.
New Market:
As of right now, my business venture is for college students only. However, I can create a radically new market by making it for everyone. This new idea will create value for others because they can use my idea to travel long distances by car for a reasonable price.
I have learned a lot about this new market by interviewing people about it. It sounds like it could be a better idea than my original idea. It surprised me that so many people were willing to try it out. I got a lot of positive feedback on the idea. I did not expect these kinds of reactions. If I go through with this venture, I would like to try to pursue this new market rather than my original market.
Hey Tyler, I really like your idea about expanding your business to new sectors of people. I think that a marketing class would really help you learn how to research and target new markets as well as how to appeal to them!I didn’t complete this assignment, but you can still check out my blog if you want at http://tristansentblog.blogspot.com.
ReplyDeleteHello Tyler,
ReplyDeleteFirst of all I love how you already seem so knowledgable about this topic it makes your idea seem more legitimate which is better. I see the main appeal for being strictly college students, I think expanding to the general population for your idea would be a bit more difficult but the end result would be so worth it. Great job!
Here is a link to my blog! Check it out I hope you enjoy http://jbasta.blogspot.com/
Hey Tyler,
ReplyDeleteyour idea here is great idea and has a lot of potential to be successful! You wanting to expand your business idea out to reach different people and areas is the mindset of a successful, so I support that direction you want to take this idea. As well the fact that this is something you have so much knowledge in, it's wise to have your idea centered around this. Keep on trying to expand and evolve your idea to new heights and I look forward to seeing it being implemented into the real world. http://bstestblogpost.blogspot.com/2016/04/whats-next-week-12.html