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We looked inside some of the posts by ladyisshemoriel and here's what we found interesting.
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Last Seen Tumblr Blogs
Fun Fact
Tumblr was named as a finalist in Lead411’s New York City Hot 125 in Aug 2010.
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BLOG 3 FINALS: COMPETETIVE ANALYSIS
Discover how Fish-Friendly GPS Traps revolutionize fishing with precision, efficiency, and eco-conscious design. Ideal for recreational and commercial fishers, they combine cutting-edge GPS technology with sustainable traps for consistent results. Transform your fishing experience today - efficient, effective, and environmentally friendly.Introducing a fish-friendly GPS tracker positions your product within the broader fish tracking and monitoring market, which encompasses various devices and systems designed for both recreational and commercial applications. Here's an analysis of the competitive landscape:
Market Overview:
Fish Finder Devices: The global fish finder devices market was valued at approximately USD 1.2 billion in 2023 and is projected to reach around USD 2.4 billion by 2032, growing at a CAGR of 7.5%.
GPS Tracking Devices: The GPS tracking device market is estimated to reach $6.38 billion by 2030, growing at a CAGR of 12.5% from 2023 to 2030. The rising adoption of GPS tracking and monitoring systems in marine applications contributes significantly to this growth.
Key Competitors:
Fishbrain: Offers products like the ECHOMAP series with LiveScope Plus, providing real-time sonar updates and advanced imaging capabilities.
Fishangler: Faces competition from companies like ANGLR and Fiskher, highlighting the competitive nature of the fish tracking market.
Market Trends:
Integration of IoT: The use of IoT in fish tracking is projected to grow at a CAGR of over 15% in the coming years, enhancing real-time monitoring and data collection capabilities.
Smart Buoys: Innovations like smart buoys enable gear tracking and management, allowing fishermen to monitor valuable equipment in the ocean, thereby improving efficiency and reducing gear loss.
Differentiation Opportunities:
To stand out in this competitive market, consider emphasizing:
Eco-Friendly Design: Highlighting the fish-friendly aspects of your GPS tracker can appeal to environmentally conscious consumers and regulatory bodies.
Advanced Features: Incorporating real-time data analytics, user-friendly interfaces, and seamless integration with mobile devices can enhance user experience.
Affordability: Offering cost-effective solutions without compromising on quality can attract a broader customer base, especially in price-sensitive markets.
Understanding the competitive landscape and current market trends will aid in positioning your fish-friendly GPS tracker effectively, ensuring it meets the evolving needs of both recreational and commercial users.
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Revenue Model
A social enterprise revenue model refers to the way a social enterprise generates income to sustain its operations while achieving its social or environmental mission. Unlike traditional businesses, which prioritize profit, or non-profits, which often rely on donations, social enterprises aim to balance financial sustainability with a focus on creating social impact.
Here are key types of revenue models commonly used by social enterprises:
1. Product or Service Sales
Description: The enterprise sells products or services and uses the revenue to fund its mission.
2. Fee-for-Service Model
Description: Charges a fee for delivering a service tied to its mission.
3. Membership or Subscription Fees
Description: Generating recurring income from members or subscribers.
4. Shared Economy Model
Description: Facilitating resource-sharing to create social impact.
Each social enterprise should carefully choose and design its revenue model based on its mission, target audience, and resources, ensuring alignment between financial goals and social impact.
A non-social enterprise revenue model refers to how traditional for-profit businesses generate income, focusing primarily on financial returns rather than pursuing social or environmental missions. These models emphasize value creation for customers, efficient operations, and profitability for owners or shareholders.
Common Revenue Models for Non-Social Enterprises
1. Product Sales Model
Description: Revenue is generated by selling physical or digital products.
2. Service-Based Model
Description: Businesses charge fees for providing a service.
3. Subscription Model
Description: Customers pay a recurring fee (monthly or annually) for access to a product or service.
4. Advertising Model
Description: Generating revenue by selling advertising space to other businesses.
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Fish-friendly GPS Traps (A Revenue Modeling Strategy)
"Revolutionizing sustainable fishing with GPS precision—catch smarter, conserve better! 🌊🐟
#FishFriendlyTraps #SustainableFishing"
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BLOG 3: BUSINESS MODEL CANVAS
Value Proposition Canvas and Business Model Canvas for Fish-Friendly GPS Traps: Dedicated to addressing critical and contemporary challenges faced by Filipino farmers for their daily livelihood. This product is simple yet impactful, enhancing fishing efficiency while incorporating the culture and technological advancements for educational component. Maintaining sustainability while providing valuable data to help give real-time informations to fishermen.
Jaymoriel R. Mangompit
CE_4G
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Blog 2 (Value Proposition Canvas)
What is a Value Proposition Canvas?
The Value Proposition Canvas is a strategic tool designed to help businesses craft and align their value propositions to better match the needs and expectations of their customers. It provides a visual framework that breaks down and organizes the key elements of a value proposition and customer profile, making it easier to understand how a product or service creates value for its target audience and how it can be improved.
The Value Proposition Canvas consists of two main sections:
1. Customer Profile (on the right side):
This part focuses on the customer and includes three key elements:
Customer Jobs: The tasks or problems that customers are trying to accomplish or solve in their personal or professional lives. These can be functional, emotional, or social jobs.
Pains: The difficulties, risks, and negative emotions that customers face while trying to achieve their jobs. These are the things they want to avoid.
Gains: The benefits, positive outcomes, and desires that customers seek. These can be functional (e.g., time-saving), emotional (e.g., feeling satisfied), or social (e.g., gaining status).
In this section is where I interviewed Manong Yang, a 38 Years Old fisherman from Barangay Lapasan, Cagayan de Oro City, Misamis Oriental. I asked him few questions about his life as a fisherman, what are the usual tools he used in fishing and the practices he does doing his livelihood, in this way I would be able to understand more about his situation and identify which part can we, Techblazers help through our product. He stated all the difficulties he had for the past years he has been doing fishing and how much it would benefit him if the tools are improved, managed well, and developed.
2. Value Map (on the left side):
This part focuses on the product or service that the business offers and includes three key elements:
Products and Services: The features or elements of the offering (both tangible and intangible) that are provided to the customer to help them get their jobs done.
Pain Relievers: How the product or service helps reduce or eliminate customer pains. These are the solutions that address customer frustrations, obstacles, or risks.
Gain Creators: How the product or service provides added value or helps create desired outcomes for the customer. These are the things that help customers achieve their desired benefits.
In this part is where I, as the interviewee and a product maker putting my thoughts, insights, innovative ideas, and solutions for the things Manong Yang had shared that could benefit and help him and his other co fishermen all around the Country.
Purpose of the Value Proposition Canvas:
Fit: The primary goal is to achieve a good fit between the value map (what you are offering) and the customer profile (what your customer wants). A strong value proposition will address the most important customer jobs, relieve significant pains, and create desired gains.
Alignment: The canvas helps businesses ensure that their products or services are aligned with the needs and wants of their target audience, improving the chances of market success.
Iteration: It serves as a tool for continuous refinement of both product features and marketing strategies by mapping out assumptions and testing them through customer feedback.
The Value Proposition Canvas is often used in conjunction with the Business Model Canvas, focusing on the value proposition section in greater detail to fine-tune product-market fit.
Mangompit, Jaymoriel R.
CE4G
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Empathy Map Interview on Fish Friendly GPS Traps
As a country rich with marine resources, it is still inevitable for Filipino fishermen folks to face various struggles when it comes to their livelihood, considering how poorly they are treated by the government with lesser support and no proper attention given. That is why at Techblazers, we are dedicated to addressing critical environmental and contemporary challenges through deep and intensive research regarding this matter, Aquaculture; driving sustainable solutions and pioneering advancements for a better future, incorporating their culture and the technology.
This product is simple yet impactful, enhancing fishing efficiency and sustainability while providing valuable data to help fishermen make informed decisions.
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forever there will be uncertainties,
but I wanna be uncertain with you,
forever as well.
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The kind of pain that any tears can’t fix, I am deeply broken.
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And if heaven doesn’t want us
Would you go with me to hell?
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We cannot all be artists
and I must admit, I do not know how to paint.
But if I were to take a palette,
all my colours would be of you.
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But all the things you can’t stand about yourself
are all the things I can’t go a day without.
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