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

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Due to policy support and changes in consumer attitudes, we are at the best time to promote environmentally friendly materials</p>
 
Due to policy support and changes in consumer attitudes, we are at the best time to promote environmentally friendly materials</p>
 
           <p>T:
 
           <p>T:
-There will still be some consumers who do not accept genetically modified products</p>
+
-There will still be some consumers who do not accept genetically modified products.
           <p>-Exclusion from peers (strong competition exists)</p>
+
           Exclusion from peers (strong competition exists).
           <p>Because of the special process and production method, it is not compatible with the old system</p>
+
           Because of the special process and production method, it is not compatible with the old system</p>
 
         <br>
 
         <br>
 
     </section>
 
     </section>
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<br><br><br>
 
<br><br><br>
 +
<h1>Specific Reseach on Target Customers
  
<h1>Summary: </h1>
 
 
     <section class="normal_texts" id="section4">
 
     <section class="normal_texts" id="section4">
 
         <br>
 
         <br>
 
+
<h2>Summary: </h2>
 
         <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>
  

Revision as of 11:41, 21 October 2021