It's difficult to find a way to travel on campus and I have a solution. My product is a service to drive college students onto campus and nearby campus for a monthly fee at their beck and call. People get tired of paying per use through various taxi services. I think the typical fee will be up to $40, and will change the way students get to and from campus. They won't have to ride on a bus, and they will just hit a button on an app that gets them to where they are going. I think this will create a market for people who are willing to pay for a taxi service but don't want to pay every time. I think this will meet peoples need for a way to get around often. We all need a way to get around near campus.
I have innovated a way for students to get to campus by way of a monthly fee that will be much less frustrating than finding parking on campus. I think that no one else will be using this service because it will be so difficult to break into the market once someone has the entirety of the market share. No one else will be offering this service and I think there is an adequate opportunity that will meet my need.
Last time I posted the thoughts were overwhelmingly to offer rides to places close to campus. I think this is a great idea and definitely will be doing that. We would be able to add so much value for so little there. I think the other point was the $40 was a bit expensive, but my suggestion would be to allow the price to remain at $40. I think it's fair and for people willing to pay for a cab, I think they would be willing to pay $40 for the entirety of the month.
I made several edits to my idea to reflect the fact that I was going to offer services close to campus and on campus. I added that the typical fee will be "up to" $40.
Hi, Will. At first this idea sounded like Uber, but now I see through rereading that this is a different type of venture. I think it's a really cool idea to have a taxi company that one has a type of subscription with. It will be a balancing act to charge the right amount of money for the degree of service that people demand of your business but I love the idea. Keep up the good work!!
ReplyDeleteHere is the URL to my blog post:
http://rolononariver.blogspot.com/2016/04/venture-concept-no-2.html
Hey Will! I have trouble getting to and from campus sometimes, especially when I'm in a time crunch or running late. I like the idea of a subscription, as this makes it slightly easier for the customer to manage these expenses and it's also very unique. I really enjoyed reading about your venture! If you want to see my post, it can be found here: http://entblogemilytreasure.blogspot.com/2016/04/venture-concept-no-2.html
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