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Help With Student Project

Started by aullray · · Last activity · 6 posts · 396 views

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Bike Cafe
Published
28 October 2010
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3 November 2010
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aullray
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  1. Hello Everyone. I'm a graduate student working on a group project for a business class. Basically we're supposed to come up with a business concept and look into it's feasibility. Our concept is vending machines for fitness food and gear along fitness trails. So we've created a survey to get some thoughts from the fitness community. It's only 10 questions and will probably take less time than it did to read this post. Please take a moment to help us out.

    This is the link: [IMG]file:///W:/Ray/My%20Music/Artists%20United%20for%20International%20Justice%20Mission/Freedom/ZuneAlbumArt.jpg[/IMG]surveymonkey.com3DJB9RZ

    Thanks for the help.

  2. Basic problems with the vending machines:

    1. Vandalism and theft

    2. Electrical power.

    3. A lot of people who use the trails do so to get away from such things as vending kiosks.

    4. Duplication of services from existing businesses at the trailheads.

  3. The amount of effort required to get a BBA or MBA these days is laughable. You'd probably learn so much more from starting your own business, failing miserably, learning from those mistakes, and repeating the cycle until you reach a sustainable model, since of course, entrepreneurship leads to innovation and drives the economy. On paper of course, for the reasons kdelong stated above the plan would not be feasible at all. The machines provide a solution to a problem that's easily fixable - the target consumer could just bring his food with him ahead of time to avoid the ripoff of going to a vending machine.

    How about this problem? The composites market is currently strained due to increased demand from airliners for the production of aircraft such as the Dreamliner, causing the market price for carbon fiber to soar - dramatically increasing the cost of our composite bicycles over the past few years - it's not uncommon to see the top-end models retail for over $10,000. So, how can you help bicycle manufacturers deal with rising input costs? Companies like Cannondale and Trek used to pride themselves on building their own bikes in the U.S.A., but have now offshored frame production overseas to China/Taiwan. How can you help them retain their customers? Will the customers remain loyal to these brands? Offshoring has given Chinese firms the knowhow to efficiently mass produce carbon frames. How can you help longstanding firms like Trek compete? Lots of projects here.

    Since MBA's these days cost around $50k per year - at least they did at the school I went to, maybe you should use that investment to solve bigger problems and help consumers save way more money than that little vending machine project of yours (vending machines would actually decrease consumer saving by the way).

  4. Most people I know don't carry money or cards on the trails. I don't!

    It sort of defeats the purpose of the trails, "to get away"!

  5. I do carry money, not much, around $20.00 so that the thugs won't be too disappointed if they pick me as their target[IMG]/img/vbsmilies/smilies/rolleyes.gif[/IMG]. Actually it is for an emergency in case I need to buy a tube or CO2 cartridge from another rider. And also for ice cream after the ride if I am riding with my girlfriend.

  6. Quoted post said:

    Originally Posted by kdelong [IMG]/img/forum/go_quote.gif[/IMG]

    I do carry money, not much, around $20.00 so that the thugs won't be too disappointed if they pick me as their target[IMG]/img/vbsmilies/smilies/rolleyes.gif[/IMG]. Actually it is for an emergency in case I need to buy a tube or CO2 cartridge from another rider. And also for ice cream after the ride if I am riding with my girlfriend.

    That's might be cool!!

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