Thursday, September 23, 2010

Search for An Idea Continues...

Welcome back to Jomato's blog! We are still in the process of deciding on a great idea. So far, we have been cleared to collect money by Sgt. Debbie Spart. As far as idea generation goes, here are the top 3 ideas we came up with:

1) Purchasing a bulk amount of USB drives for cheap and selling them for only a little more than we bought them for. This will provide customers with a much cheaper solution than their other options, because stores mark up their USB drives to very high prices. We will also be targeting freshman, with the notion that they are still getting used to college and haven't realized how convenient a USB drive is for college work.





2) Creating a JMU edition of monopoly. There are many special editions of Monopoly around the world, there are even some other universities that have their own versions already.
-University of Michigan has Michiganopoly.
-University of Connecticut has Uconnopoly.
This shows that the idea is very feasible and we believe that there would be a lot of people who would love to get this game a memento of their time at Jame Madison.



  
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Great idea?
 
3) After hearing of the success of the Springfest glasses, we believe that we could market a similar design that is targeted to football fans. By purchasing and customizing sun glasses with "JMU Football 2010 - 2011," we strongly believe that there would be a significant target market for it. It would also give us the entire semester full of football games and other opportunities to sell them, where as the Springfest glasses were only applicable to one weekend.



In a recent class with Dr. Wales, we were given examples of pass successful products and we are starting to get the itch to create a new product. That will be something to discuss in the VERY NEAR future. Thanks everyone and please let us know what you think of our ideas so far.

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