Difference between revisions of "Team:LINKS China/Entrepreneurship"

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Target customers (Specific Reseach)</p>
 
Target customers (Specific Reseach)</p>
  
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<h2>Summary: </h2>
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<h1>Summary: </h1>
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         <p>As we formed a detailed entrepreneurship plan, we started to eval-uate the potential of our product in the leather market. We won-dered whether consumers will show interest to our leather product or not, so we created a questionnaire to survey potential consum-ers of leather products online to better understand the association between different types of consumers and leather with different characteristics. We wrote questions about factors which might af-fect the choice of consumers on leather products and basic infor-mation of respondents, such as their age, income and gender etc. By sending out this questionnaire, we learned that the consumers of leather product could be at any age and any gender, which means that the size leather market could continually grow and we have a great opportunity to squeeze in the market. Additionally, the consumer’s income does affect their purchases on leather products since consumers with higher income have larger possibil-ity to buy leather products. This motivated us to lower the cost production of our leather so that more people are able acquire high quality leathers. Hence, by co-culturing Komagataeibacter rhaeti-cus with Saccaromyces serevisiae, we successfully lowered the cost of production as we only need to feed bacteria to produce leather for us.</p>
 
         <p>As we formed a detailed entrepreneurship plan, we started to eval-uate the potential of our product in the leather market. We won-dered whether consumers will show interest to our leather product or not, so we created a questionnaire to survey potential consum-ers of leather products online to better understand the association between different types of consumers and leather with different characteristics. We wrote questions about factors which might af-fect the choice of consumers on leather products and basic infor-mation of respondents, such as their age, income and gender etc. By sending out this questionnaire, we learned that the consumers of leather product could be at any age and any gender, which means that the size leather market could continually grow and we have a great opportunity to squeeze in the market. Additionally, the consumer’s income does affect their purchases on leather products since consumers with higher income have larger possibil-ity to buy leather products. This motivated us to lower the cost production of our leather so that more people are able acquire high quality leathers. Hence, by co-culturing Komagataeibacter rhaeti-cus with Saccaromyces serevisiae, we successfully lowered the cost of production as we only need to feed bacteria to produce leather for us.</p>
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<h1>Question analysis</h1>
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<h2>Question analysis</h2>
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         <p>1. What is your material preference?
 
         <p>1. What is your material preference?
 
Respondents from different ages all show the highest percentage at the cotton and plant fibers choice as their favorite material, which is about 60% from each age group. The material that has the sec-ond highest percentage in preference is degradable biosynthetic leather, roughly 30% to 50%. Respondents with different ages pre-fer the least at the faux/artificial leather material. </p>
 
Respondents from different ages all show the highest percentage at the cotton and plant fibers choice as their favorite material, which is about 60% from each age group. The material that has the sec-ond highest percentage in preference is degradable biosynthetic leather, roughly 30% to 50%. Respondents with different ages pre-fer the least at the faux/artificial leather material. </p>
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</div>
 
</div>
  
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   <h2>Analysis of data:</h2>
 
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   <h1>Analysis of data:</h1>
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<div class="picture_and_explanation">
 
<div class="picture_and_explanation">
 
       <img src="https://static.igem.org/mediawiki/2021/e/eb/T--LINKS_China--entrepreneurship8.jpeg">
 
       <img src="https://static.igem.org/mediawiki/2021/e/eb/T--LINKS_China--entrepreneurship8.jpeg">
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         <p>Gender is not associated with leather choice since there is not enough statistical evidence to prove that. Respondents in different age groups illustrate that age is not correlated with price they can accept, but the disposable income is more positively correlated with accepted price for leather product. Answers from respondents also demonstrate that age has nothing to do with material prefer-ence since no matter what age group they are in, material choice with the highest percentage in each group is still cotton fibers. Re-spondents who chose cotton and flax fibers/degradable biosynthe-sized leather care most about the appearance and comfort level of leather products. In contrast, respondents who chose animal leath-er and PVC leather emphasize most about the brand and appear-ance. Over 88% respondents consider sustainability and environ-mental harm as the most important characteristic of biosynthesized leather products, and 60.34% expect the biosynthesized leather has the same texture as traditional leather. Even though most respond-ents have limited knowledge in the harm caused by traditional leather production, they still choose leather material based on what environmental perspective.</p>
 
         <p>Gender is not associated with leather choice since there is not enough statistical evidence to prove that. Respondents in different age groups illustrate that age is not correlated with price they can accept, but the disposable income is more positively correlated with accepted price for leather product. Answers from respondents also demonstrate that age has nothing to do with material prefer-ence since no matter what age group they are in, material choice with the highest percentage in each group is still cotton fibers. Re-spondents who chose cotton and flax fibers/degradable biosynthe-sized leather care most about the appearance and comfort level of leather products. In contrast, respondents who chose animal leath-er and PVC leather emphasize most about the brand and appear-ance. Over 88% respondents consider sustainability and environ-mental harm as the most important characteristic of biosynthesized leather products, and 60.34% expect the biosynthesized leather has the same texture as traditional leather. Even though most respond-ents have limited knowledge in the harm caused by traditional leather production, they still choose leather material based on what environmental perspective.</p>
  
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   <h2>What we learned:</h2>
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<br><br><br>
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   <h1>What we learned:</h1>
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         <p>Since over 50% respondents actually care about the environmental damage caused by leather production, our product marketing could be mainly about green marketing to attract consumers attention on our biodegradable leather. The most attractive characteristics of traditional leather is their texture, therefore we could improve the texture of our leather by adding spider silk protein to improve the softness of leather.</p>
 
         <p>Since over 50% respondents actually care about the environmental damage caused by leather production, our product marketing could be mainly about green marketing to attract consumers attention on our biodegradable leather. The most attractive characteristics of traditional leather is their texture, therefore we could improve the texture of our leather by adding spider silk protein to improve the softness of leather.</p>
 
         <p>Some big brands have demand for vegan leather, and merchants will pay attention to environmental protection</p>
 
         <p>Some big brands have demand for vegan leather, and merchants will pay attention to environmental protection</p>

Revision as of 11:08, 21 October 2021