Friday, October 14, 2011
Weekly Reflection
For the past week we've been working on our MVP which should be posted soon. A lot of the information we already have from either previous knowledge or we already know. What that means is our product is a solid design and we know how to implement it into the prototype stage. The benefits of our product is reduced insurance costs so even though in essence our light is mainly to make the roads safer, our underlying benefit is reducing insurance costs. That is why truck companies will want our product, yes their drivers will be safer, but in the real world everything revolves our the $ and reduced insurance on trucks can mean $1000's/truck so $10,000+ for a company. This is our angle when selling our product to our customer, with the safety element the 2nd concern.
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