Showing posts with label Assignment 12A. Show all posts
Showing posts with label Assignment 12A. Show all posts

Wednesday, February 21, 2018

Buyer Behavior Assignment 12A

1.     Segment:
The segment I identified is one that includes UF students in the Warrington College of Business that take two or more online classes.
2.     Analysis from the three conducted interviews:
Three interviews I conducted consisted of students in the Warrington College of Business, in which two had two classes online and one had four online classes. When initially explaining the problem I believe existed, all three interviewees did agree that laziness and other factors played a role in not having the desire to watch all pre-recorded lectures but didn’t believe an adequate solution was available to ease their problem besides a week before an upcoming exam. After I disclosed me potential solution to this problem, they were quick to take interest in wanting to learn more about the new option, as their information search online for needed academic options did not previously include an alternative such as this. After questioning where their interest in my solution came from, all three gave examples of taking exams and using outside materials instead of everyday studying and feeling ill-prepared for the sections. Throughout the course of all three interviews, my major takeaway included the extent to which my solution was seen as a new spin on notetaking and how the awareness for such a need came from my questioning rather for the seeking of a new solution.
3.     Drawing Conclusions:

After conducting the three interviews, I found that the need for a product that I am theoretically offering does exist among the segment of the population I identified. However, the scale of the procrastination is not to the level at which I anticipated, and the market for a subscription-based service is not as rich as I previously thought. The most important piece of need awareness I acquired was understanding that choosing to not watch one’s online lectures was not a pre-meditated decision and instead was made after outside deciding factors came up at a given time. In terms of the information search I found after conducting these interviews, most look for a given service that will help with exam prep close to the test date and are unaware of this service even being a possibility. I believe I stand closer to proving some sort of market need but have to tweak potentially the way my service is offered.