Friday, February 15, 2019

Idea Napkin 1


  1. Me

My name is Francis Gilday, and I'm an avid surfer and skateboarder from New Smyrna Beach, FL. I am talented in not only these domains, but much more creative outlets, such as music (guitar) and painting. I love to travel, and I've been to places including the Galapagos Islands and a variety of Central American countries.

My current business concept is to develop and distribute a substance, similar to that of a mint strip, that makes what you are drinking taste cold; I think it could consume my financial prosperity adventures if I were to carry out the idea. Not only would I be making money, but I'd be assisting the planet by allowing more fresh water (less wasted in iced drinks) to be utilized for consumption.

  1. What am I offering to customers?

Have you ever chewed mint gum and quickly after taken a sip of water? It tastes weird, doesn’t it? It's almost like the water tastes cold, but still lingers with an odd accompanying mint flavor. My product would serve as a similar effect, a strip that you put on your tongue before drinking, that would make room temperature drinks taste cold. However, the strip would be tasteless and not have any other effect on the beverage.

  1. Who am I offering it to?

These strips could be sold directly to consumers at grocery stores, but I feel like the largest market could be the restaurant industry. They could supply these strips at the table, where customers could use them to their preference.

  1. Why do they care?

People have been fans of cold drinks for years, and this product could revolutionize the market. People can now enjoy their favorite cold soda without experiencing the side effects of melted ice watering away the taste of a sip. Environmentalists could also jump on the wagon, seeing as this frozen and often wasted water that is used in ice can now be distributed to other people who need it.

  1. What are my core competencies?

This product is not currently offered, to my knowledge. The closest thing would be mint breath strips, but they contribute flavors that would alter the drinks taste.

I personally feel that these elements of the concept all fit well together, and that the business could be very strong if carried out. The only difficulties I can see would be the research required to create such a product.

3 comments:

  1. Francis, this is an amazing concept! I would never have thought of such a thing, nor had it ever occurred to me that iced drinks are wasteful of water! You did mention that potential difficulties include the research required to create this type of product, but I’m curious if you have any kind of knowledge about what would be involved in creating a product that would function in this way (how does it work, scientifically)?

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  2. interesting Idea! Who would you want sponsoring your project? Even though you don't have any competitors now how you convertor those who drink plain water? What are some health or safety concerns that you must consider before you put your product on the market? How would the product look like, would it be an attachment to your current bottle of water with a filter or would it be like a breath mint strip that you place in your mouth and when it dissolves that water tastes different.

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