1.
The first opportunity I will talk about is the
coffee vending machines on campus. I believe that this opportunity exists as when
I went to purchase coffee from one such machine it was broken. This makes me
believe that there is a want for such a product on campuses across the nation.
The typical costumer or this would be students and faculty if placed on or
within schools. I believe that this would easy to exploit as the only barrier
to entry is that of the machine and the upkeep. I saw this opportunity because I
was unable to get my coffee and wished that there was an alternative and that
if I experienced this than many others have most likely as well.
2.
The second opportunity that I would like to talk
about is the possible economic gain in a prebuilt dinner/lunch box in the same
vein as blue apron but sponsored by the school. I came upon this idea when I
tried to order a ready meal service but they failed to deliver to my apartment complex.
I believe that the opportunity exists as everyone wishes to eat healthy and
parents of students hope to buy their child adequate food. This would take the
guess work and worry out of it. By offering meals from the school for a premium
(possible discount for students) we can ensure and monitor what the students
are eating. I believe the prototypical customer will not be the students
themselves (though many may purchase) but the parents and relatives who hope to
secure their child a healthy and well fed time at the university. This may be
easy to exploit as the infrastructure and information is already being held by
the universities and a simple drop off point or shipping charge would ensure
delivery. I saw this opportunity because I couldn’t purchase or receive
packages from other services.
3.
The first regulatory possibility I will talk
about is the possible market for recreational marijuana. With many states
lifting the federal ban in the news and it being a multimillion dollar industry
already it is only natural to try and be the first to cash in on this should
the ban be lifted. The prototypical customer would be anyone who is looking for
a recreational use drug so most likely college students or people aged 18-34
(similar demo to smoking during its height). This would be more difficult to
exploit due to the large barrier of entry and the most likely gargantuan amount
of competitors you would face, however if you should set up and survive you
will most likely easily exploit the customers. I saw this opportunity because I
have kept up with the news and can see this trend being replicated by others and
it is successful.
4.
The Final possibility I will talk about is cybercafé
with fast internet speeds. With the removal of net neutrality the possibility
of throttling those who don’t pay top dollar for internet (most people) the
need or desire to achieve faster speeds may arise. This may be due to the fact
that people have grown used to the speeds that they have and should they be
throttled they may seek out places that have what they once lost or better. The
prototypical customer would most likely be self-employed people, students, or business
owners who need faster rates to process and complete their projects. This would
be relatively easy to exploit as all you need is a place and top dollar
internet which you can then charge for by the hour or even minute. I saw this
because of the popularity of PC Bangs or cybercafés when I went abroad in
countries that have similar internet rules to that of the non-net neutrality
era which we may find ourselves in soon.
