Hey everyone,
In this blog I will be discussing an opportunity I saw and the solution to this opportunity. Let me know what you guys think!
Opportunity: Last week while I was interviewing students across campus, I realized that there was a large problem that confronted the majority of them: acquiring books. Most of the people I interviewed, regardless of major, said that they were paying upwards of $200-$300 dollars for books that they might have opened twice. Others said that they were forced to wait in line for close to two hours, and some even said they purchased the wrong textbooks due to incorrect labeling. I myself experienced this as well, as they did not have a couple books I needed during the first week of school, which ended up hurting me.
Solution: I am looking to start a new company called ChompNation Books. This company would allow students to interact with one another while trying to sell back their books and find books for lower prices. This company would be mostly digital, but would pair with the Reitz Union bookstore as well as the Florida Bookstore on University Ave. I am hoping that this would allow students to rid themselves of thousands of dollars worth of books, while saving money on new books that they would buy. We could even supply same-day delivery around Gainesville for students who are not willing to wait in lines, and can be the middleman between two students who buy from one another.
Here is the video of my elevator pitch: https://youtu.be/iuQk7q1eGBQ
Bryce,
ReplyDeleteExcellent job!! It was great how you suited up and dressed the part, included a brief intro introducing yourself, discussed the problem and solution. And you did all of this within a little over a minute. I also loved how you included your company name "ChompNation Books" and even had a play on words like your company's plan to "chomp the prices." This was an excellent first attempt at the often difficult-to-master elevator pitch. One of the only recommendations I can make would be to work on the hook. As Dr. Pryor mentioned in lecture, it's integral to grab the audience in within 10 seconds so maybe work on a passionate, attention-grabbing hook. The How To videos about elevator pitches under "Start Here" are definitely useful to watch. But, all in all you did an excellent job and can only improve after more practice going forward. Keep up the great work.
-TA
Bryce I really liked your elevator pitch and how you dressed up for it. Showing that you truly care and hope for this venture to take off and become a success, which I think it will! It was definitely an attention-grabbing hook and made people want to continue to listen to the rest of the elevator pitch! I would love if you could watch mine and give me some input because you seemed to really understand what you were doing: http://lgator.blogspot.com/2016/02/elevator-pitch-no-1.html
ReplyDeleteBryce,
ReplyDeleteI really enjoyed your elevator pitch. The fact that you dressed up really conveys your dedication and passion for this idea. I like how you used "chomp" to cleverly imprint into my memory what your brand name is. The use of chomp as a strong sensory verb also conveys how effective you will be at eliminating all the negatives that come with purchasing books. As a senior, I know far too well how frustrating purchasing books can be. Therefore, I would definitely have use for your idea. Here is a link to my post if you are interested! http://kwandersen.blogspot.com/2016/02/elevator-pitch-no-1.html
-Kate