Thursday, February 18, 2016

Free Money

Strategy:

Where to go?: The best way to find people to approach was definitely a very busy and public place. I choose the area near Turlington and Marston to give away my dollar bills.

Kinds of people to approach?: I decided to focus on people that were looking down and that were busy as this would provide the best experience in catching someone's attention. I also found it easier to speak with individuals that while walking, didn't seem to be in much of a rush so as to make it easier to hold a conversation.

Conversation Starter/Plan?: My initial plan was to try to incentivize people to provide feedback on the business idea stated in my other blog posts (OddJob - a CraigsList like phone app for College students) but due to reasons stated below (in the reflection) I decided to change my approach. My second idea was to give people the dollar bill under the context of a "social experiment" to see if they would pay the dollar bill forward to someone else. See my reflection for what I learned about each conversation idea.

Prediction: I predicted that out of 5 people only 1 or 2 people would actually take the dollar bill.

Encounters:

Note: Unfortunately the sound in my first video is not very good, but you should be able to hear me speak.




Reflection:

After completing this assignment I definitely gained some insight as to how to make it easier to sell a product or approach an individual with respect to a product. My first idea (getting people to provide feedback in return for a dollar) did not work well in reality. I think the main cause behind this was that people felt bad taking a dollar from someone trying to create a new business or further themselves. I then realized that it would be much easier to give someone a dollar (and have them keep it) if they felt good about taking the dollar. This proved to be true as I was able to convince 2 out of the 5 people to take the dollar under the context of them "helping" out by paying the dollar forward. If I could have given the dollar under the context of a non-for profit organization (imagine the non-for profit gives 2 dollar for every dollar I give) then it would have been even easier, in my opinion. I had predicted that it would be harder to give away a dollar and this proved to be true.

Feel free to leave feedback below!


2 comments:

  1. First off, I wanted to say that you have a really cool design on your blog. As far as your interviews go, you did a great job. I loved how you made it seem more like a social experiment. I think that was a pretty good tactic in making someone take your dollar. I didn’t follow that strategy and I wasn’t as successful. Here is a link to mine: http://parkeruf.blogspot.com/2016/02/free-money.html

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  2. Hello, I think that your trial runs were very good and you seemed really confident throughout the video making it easier for the people you approached. I also thought that choosing Turlington was a good idea because many students are used to people approaching them in this area. Check out my blog at http://markemiablogs.blogspot.com/2016/02/free-money.html

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