Suggestions for Responding to Peer PostsCompare the introduction approach for the product your peer chose to the approach for your own product introduction.How did this affect the success of the product in his or her case versus your own product that youchose?What other factors might have contributed to his or her products success, failure, or slowacceptance?How familiar are you with the product he or she chose?#1 – It may sound kind of risky but I think this idea would really work because it makes sense. Introducing a Debit and Credit card app that allswiping. The reason this may be considered innovative is because it is a new idea that expands a persons ability to use their personal bankingactually use the phone to pay for purchases. Please do not steal my idea for there is an actual template being constructed and underway for tbreak, and even get demagnetized…..has that happen to you before? Very embarrassing when you have to leave your purchases to go to theShamikaThe Debit and Credit Card application should be introduced to the virtual market by an entreprenuer approach. I think fromthe research I have collected, this approach will allow the opportunity to gain wins and create an improved way to purchasegoods and services. The only backlash would be that retailers and businesses would have to purchase equipment in order totake such payment. In saying that, the losses would be defined as not wanting to upgrade which keeps the person at risk toloss, theft, or damage. It makes sense if a person loses a phone they report it stolen but guess what?, not the card. As whenyou access the app, your pin number must be entered in order to get the scan code. So even if your phone is stolen, you wouldnot have to report your debit or credit card because you can just go back home and get it to buy another phone if needed.Shamika#2 – As I researched products to give myself ideas, I came across the self-stirring coffee mug. Atfirst I thought it was a joke until I saw there was a link to purchase it on Amazon. The first thingthat came to my mind was how much I hate the residue at the bottom of cup from my hot chocolate.As ridiculous as this product might sound I think it is innovative and just plain genius for manyreasons. First and foremost, its a unique and never before seen or made item. Second, it shows howwe can play around with technology; kind of like a sneak peek to our futures utensils. Third, itsdefinitely a new method of mixing your favorite drink, whether its cold or hot.The self-stirringcoffee mug was invented by Evelots Corporation that invents many novelty type items. Before Istumble across it, I never heard of the mug and because Im usually the last to hear about things Iasked everyone I knew if they ever heard of it. Each individual replied, no and they would buy it orat least want one. I checked out the reviews on Amazon and majority of them were satisfactorycommons. The few that disliked it was not because of the specialty of it, but because the battery lifeis short and the rotary keep sticking. Like many of their products such as their button extenders, abwheel, and dryer balls are more like crafty, helpful gadgets, and conveniences on life kind ofpurchases.I think because it is an intrapreneurship product it wasnt pushes to be advertised widely.I think that may have hindered the ability of how much profit it could be actually making. I say thisbecause most people will buy it for themselves or someone else, if they knew it was out there.Consumers in general will keep it even if theyre displease with it just because they dont want toship it back or tell their friend that they dont like it. I think it should be more advertised becauseits something a lot of people would at least be interested in, whether its for a purchase or just tosee it on a commercial.Entrepreneur products are more likely to be advertised everywhere becausethey want to guarantee the success of their product. A corporation like Evelots own many productsand work with many businesses to help substance their profits. I feel that it is both an advantageand disadvantage for intrapreneur products. The advantage is they are usually inexpensive itemsand could be found at a variety of vendors. The disadvantage is the products might not reach asmuch potential customers because they dont get advertised like other popular well-advertiseditems. During my research I discovered many products that was very innovative but I never heardof or seen. Somewhere down the line someone decided that it wouldnt sell enough to cover theadvertisement fees so they ended up just being sold on sites like Amazon.Samatha Black#3 – Christina HarrisonHaving a good idea for an industry would be to come up with a new type of house paint that would have a redbenefit people that use this paint to have a safe, easy and fast way to go from room to room, leaving out the davapors that are let off from paints by replacing chemicals with that of compounds that would form the same kinIntroducing this new product to a do-it-yourself store, will show how safe it is to improve or change any look tresponsible for the creation of this new paint, also the manufacture will continue with their research to see whaUsing intrapreneurship can help manufacturers to understand what structures and cultures that would use odorlemployees. Disadvantage would be having no control over any activities or the cost of this invention can showThe challenges faced with any new innovation would be showing how any new product be good for any enviroconsumers would be able to afford the new type of paint is one good idea. Making advertisement and showingconsumers a good idea on this product so they would want to buy and use in the homes, especially those that a
