Ask Bezos

 

Name: Doug Meyers

NYU affiliation: Stern

NYU status: Graduate

Did you enter last year?: No

Do you have any teammates?: Yes

How many, including yourself?: 2

 

Concept Name

Ask Bezos

 

High Concept Statement

Cliffnotes for product reviews

 

Status Quo

Consumers base their purchasing decisions upon feedback given via online product reviews.  This is a time consuming process that requires too much work. As a result, purchases are often delayed and product research tasks are delegated to family members.   

 

Competition

Amazon and other online retailers that collect product reviews directly from consumers.

 

Solution

Better decisions in a fraction of the time.

 

Revenue Model

Affiliate marketing. Possibly B2B SAAS as an alternative.

 

Which platform would you like to launch your app on?

iPhone

 

Which category best describes your app?

Shopping