Friday, February 8, 2019
9A - Testing the Hypothesis, Part 2
For my interviews, I interviewed four University of Florida students who have lived in different apartments each term they've been here as well as a father who has had to move several times because of business. I expected each of these people to come back with resounding confidence in my idea, however only the father had this reaction. In his case, he's become accustomed to moving around and has begun living with minimal furniture; he explained he'd like furniture but knows he'll have to move it and may not even have space for some of it. However, all the university students explained that they really wouldn't need this product, they'd much prefer to go through the hassle of moving furniture themselves. I asked why this was, and they explained one of two reasons why they wouldn't want it. The first was that the furniture they've had since they were children is the furniture they'd like to keep, not necessarily the beds, but the dressers, desks, nightstands, etc. are all still usable. The other reason is that they wouldn't want to compromise quality and comfortability for price and ease of movement. They'd rather buy a bulky piece of furniture that would last them twenty years, than the same pieces of furniture every five years to replace old and broken ones. While I would like to chalk this up to the fact that all of them have moved into already furnished apartments unlike the father has, they raise good points and will be noted for the future. While they were all expected, I appreciated the feedback.
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Hey Lucas,
ReplyDeleteI think that you did a great job with this assignment and your opportunity is unique and strong. I agree that movable and foldable furniture is an opportunity that has a lot of great potential which was backed up by your interviews. I thought that it was very interesting that all four college students that you interviewed didn’t care much for the idea because they would rather pay more for something that will last longer.
Lucas,
ReplyDeleteAs a current student living in an apartment complex, I too am shocked with the responses you have collected from interviewees. As college students, a lot of the furniture they are likely to purchase now will be temporary.Personally speaking, the complex I currently live in is fully furnished. I know once I move on into my next place I may not have this same amenity. With that being said, I would ideally prefer furniture that is easier to move around given how likely it is that I will be moving around several times within the next couple of years.
Lucas,
ReplyDeleteAs a student living in an apartment, your opportunity holds significantly more weight to me, since I can easily fit into your target audience. The interviews in this test of the hypothesis were carried out almost to a T of what I expected, although the results were slightly unexpected. You did a great job recording and organizing your findings.
Hi, Lucas!
ReplyDeleteThank so much for posting your hypothesis. As someone who considers themselves to fall under your unmet need, I can definitely agree with you as well as your interviewees. There are a significant amount of complexes that do not furnish their apartments that are very cheap. If students had access to the type of furniture you're pitching, I think the opportunity there is large.
Hey Lucas,
ReplyDeleteI think your opportunity is really cool and definitely has potential as I stated before. As someone who lives in an unfurnished apartment I would definitely fall unto your unmet need category. I found it a little shocking that your student interviewees did not see themselves using your product, but their reasoning made sense.