One of my favorite hobbies is problem-solving and exploring new business ideas. I enjoy thinking creatively and developing new ways to improve user experiences. I constantly ask myself, "What if..." and seek ways to solve different cases. Though this is just a hobby, it may one day lead to an actual product. I enjoy creating for fun, and who knows where that might take me in the future.
Target Users
Grocery, Shopping mall customers
My Background Story
It's common to forget your wallet or cell phone while shopping and only realize it when it's time to pay. Unfortunately, it happened to me when I recently went grocery shopping. I had left my wallet at home, and it was quite an embarrassing situation.
Research Data
68% of people use credit cards at stores to purchase something.
44% of mobile pay, such as Apple Pay and Google Pay, has increased within 2 years.
Weakness of Mobile Pay
What if the phone is out of battery?
What if you forgot the phone at home?
Then, the mobile pay may be useless at the moment.
Getting to the Point
To solve this problem, I came up with a new idea called the 'Face ID' payment app. When you download the face ID payment application from the app store, register with your face in all possible angles. Link your credit or debit card to your Face ID account. All setup is done! Then, go to a grocery store, and when you check out, select a face payment to pay and walk out of the store. The payment terminal device recognizes your face, and all processing is done. That's it. Simple! Once it is done, walk out of the store, and you can receive your receipt on the app without any action required.
Advantages
No PIN or Signature is required. (will save your/merchant time at least 30 seconds.)
No worries about hacking your information wait for the receipt. (will save your/merchant time at least 30sec.)
In total, each person saves at least 1 minute.
Each waiting customer would reduce at least 3 min to wait to checkout.
You don't have to spend the time to enter your PIN or signature and don't have to worry about your PIN being stolen by someone. Usually, entering a PIN/signature takes 10 to 20 sec. Skipping those steps saves the waiting customers' time and merchant's time a lot. 20 sec multiple by 100 people. The total is 2000 sec, and almost 33 min can be saved for the merchant.
That means the merchant cannot only take more customers in 33 minutes but each waiting customer in the line will reduce their waiting time by at least 3 minutes.
That could be our advanced future technology payment. You would be able to pay without physical payment. Your face could become a credit to pay in the future. It could be cool for our future, isn't it?
Alternative Idea
Finger Pay
Target Users
Big outlet shopping mall, Department in-store shoppers
My Background Story
I like to shop at big outlet shopping malls like Valley Fair, Great Mall, Nordstrom, and so on for fun, but sometimes, I am more likely to buy goods impulsively.
If I need to buy something carefully and I don't miss out on another perfect item, I continue to look around to make sure there is nothing else that I may need. However, I am a lazy shopper and want to avoid returning to the former stores to get the wishlist. So, I walk around a store and find something I like; I immediately buy it without comparing it with others on impulse before leaving the store, whether I need it or not. Then, when I come back home, I try on it and if I don't like it then, return it.
In other words, if I were in a big outlet shopping mall, it would be hard to go back to each store to find items I liked and purchase them.
I reversed the thinking of turning the problems upside-down for a better, more convenient shopping experience.
Usually, online shoppers keep shopping online, and in-store shoppers shop in-store. Also, online shoppers can pick up the online orders in-store.
What if in-store consumers look at the product first and order it online later?
Research Data
Shop online (32.5%)
In-store (29.70%)
Combination of both (37.80%)
Impulse buying: clothing (53%), females (60%), on sale (88%)
Suggestion
In-store, you scan the barcode of products they like and add it to the mobile cart. It shows you product name/brand/location/options on the registry list. You can check the wishlist on your phone anytime, anywhere, even though you leave the store. When you order online, no matter what store products you ordered at one request, the different stores can take the order independently and ship it to you.
Pro
For consumers
Save consumer time
You don't have to return to stores to grab goods you like.
Just go home and order the wishlist online at your home.
You can walk around more, hold the products in your registry, and purchase them anytime.
Reduce impulse buying rate
You have enough time to think. Even if you leave the store, you can order it out of the store.
For retailers
Reduce return rate
The consumer would be more satisfied with their order because they already checked the quality at stores and ensured that clothes were the correct size before they placed an order.
Increase sales
In-store-only shoppers would be ordering the product they miss out at home.
Target Users
Real Estate Buyers
My Background Story
When I drive through a new city or village or pass by a property, I often wonder about its market value. That's when I turn to the Z*****app and start searching the area. I filter the results to find the specific property I'm interested in, but sometimes, I need help locating it.
Research Data
80% of Z**** has real estate data in the US.
20% of other apps have the data.
50% duplicated data.
It means most property data in the US is on real estate apps.
The user can find most estate information among the application's data.
Therefore, based on a searcher's current location, when a user takes a photo of the building, 99.9% of the app can show the accurate estimated property values, including selling, renting, or delivering the last selling price.
Getting to the Point
I want access to the general information about a property before contacting the staff in person. What if we could scan the property, and the app would immediately show the relevant data and its status, including whether it is active, pending, or sold (up to the past * years)? This would be similar to how online stores offer product search scanners. Another helpful feature would be building scanners, making it easy to search for specific buildings. These improvements to real estate apps would encourage users to utilize the app more frequently and find properties that interest them more easily.
Advantages
Reduce the search time: type the address or set filtering and find the right one from the search list. It is easy to search and find the specifically desired building filtering action is required because the search will be able to find the place where you are and the exact information near you through the exact building photos. You don't have to get out of your car. Stay and search and find the exact information.