24A Venture Concept No. 1
Opportunity
My opportunity is drone surveillance. The drone surveillance
can be used to survey land, watch over farms, and assuring businesses that
their companies are safe by monitoring the building to watch for any criminal
activity. I feel that those who have the need most are business owners, farmers
and police but the opportunity is not limited to only these. The nature of the
need is security, due to the high number of crime rates and the large amount of
land owned by most farmers the opportunity was created. I would say that
customers are satisfying this need already by having security systems installed
in their homes, businesses, and farms. However unlike most security systems
today the drone surveillance is not limited in movement like other cameras,
they are able to get an aerial view. Limited movement can hinder the solving of
a crime, with drone surveillance more ground is able to be covered. I believe
the opportunity is fairly big I feel people would feel more at ease and safer
knowing their businesses and land are being monitored. As long as businesses
keep opening up, farmers keep purchasing land and criminal activity continues I
think the window of opportunity will open for a long time and may always remain
open.
Innovation
My product/ opportunity I would consider being innovative,
while there are other security systems today none are quite like drone
surveying. Drone surveying is a drone used to either survey land or act as a
security camera while not having to be mounted to a wall. Drone surveillance can
be used to monitor large or small amounts of land and businesses; they are
equipped with 4k visuals meaning a clearer picture they can also aid in
catching criminals and solving crime. Drone surveillance are equipped with
cameras and 4k visuals they work by acting like an ordinary camera that
would be mounted on the side of a
building but because the drones are not mounted they are able to monitor and
cover more ground as opposed to a regular mounted security system. Also live
video can be streamed to a smartphone or tablet for that extra sense of
security. As for the money I will be making from the product, I have decided
that working with my customer based on income to provide them a package that
would fit into their budget. For example my customer could chose to leave out
live streaming to a device which would lower the price and obviously if the
customer is using this as a home security system the price would be lower than
if it were used for acres and acres of land. Businesses could also save money
by enrolling in a contract for a certain amount of years.
Venture Concept
I think customers would switch to my product because of more
security, they would feel safer with drone surveillance in my opinion. I believe
it would be fairly easy to get customers to switch; competitors would be any
other companies that provide surveillance systems. Weaknesses of another
security system company would be their limited range of movement, poor quality
picture and high price, for a strength I would say that those companies have
been around a lot longer and people may be comfortable with using their
services that they may not be ready for a change.
I believe my most important resource would be the fact that
my drones are not limited in movement like most surveillance systems these
days. The next opportunity I would like to tackle would be drone delivery. Assuming
that I launched , in five years I could see my business expanding into more
cities and maybe even into more countries.
I like the drone idea, being able to monitor large amounts of land in a more efficient and effective way would be a great asset to many land owners. I am concerned about battery life and who will be operating these drones. Other than that, I really like the idea and think you are doing well with this project.
ReplyDeleteI think that this idea is awesome. Every time I read your post I think how cool this concept is. If I had the money to pay for this I would definitely invest. I think that this venture concept is going to only tailor to richer customers because it is going to be pretty expensive. I have not heard of drones being used for surveillance even though I have heard of them being used for a plethora of other activities. I think their mobility is definitely a huge plus to your idea!
ReplyDeleteI think it is a great idea using drones to monitor large amount of lands. However, my only concern is the how will you prevent noise pollution to neighborhoods that one of the customer makes use of your service
ReplyDelete