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    Date submitted
  • 20-Oct-2016

UBNB

Abstract

UBNB is an interactive, online website that connects graduating high school students, current college or university students, individuals with a GED looking to begin their education, and graduate students looking to further their education who wish to travel to colleges and universities to meet with students at the chosen college or university that are willing to host them. This service will give high school graduating students a chance to personally experience what the desired college or university is all about, while also giving current college students a simple way to experience a new college or university before transferring. This service will also allow students with a GED who did not attend college right out of high school the opportunity to sit in on classes, tour the campus, and experience a possible new living condition all through UBNB. Graduate students can also take advantage of UBNB to understand graduate programs at big and small colleges or universities. Hosts are students who have applied through the UBNB website and have been "hired" or approved by the management team through an online interview process. Hosts will provide a profile including photos of the apartment/house the visitor will be staying in to ensure it is a clean and safe environment and meet the visitor’s expectations. Hosts will also provide a short bio of their major, year, and interests (example: football games, night life, etc.). Visitors are any graduating senior, current college student, individuals with a GED, or graduate students wishing to travel to visit a chosen college or university and has made an account, filled out a waiver, provided a student ID or GED, and made full payment to the host and the site. Each student that plans to utilize UBNB will be charged a flat fee of $70; $50 of which will profit the host and $20 will profit the website. Visitors can also plan to travel in a group of two to three friends which is very beneficial to the host due to the fact that it is a standard $70 per individual thus resulting in well over $100 per night. This will also lead too requiring less work when traveling in groups because they will stay together and entertain themselves. UBNB will make it simple to browse by “school name” or “event” to find a host that has similar interests or plans to attend the given event. The host will take the visitor where they wish to go and give them a place to stay which will untimely be cheaper than purchasing a hotel. The visitor will provide a schedule for what they plan to do once they have chosen the host they want to stay with (example: campus tour, classroom shadow, etc.). This will give the host time to prepare for their arrival and to plan accordingly. UBNB provides the opportunity for the average student to visit a specific college or university without the need of knowing anyone on campus. It gives a unique social experience unmatched to typical college tours, open houses, or visits. Overall UBNB is responsive to the desire for individuals to travel, meet others, and gain new experiences and connections at different colleges and universities across America. The purpose of this business is to connect students with others in order to highlight all the aspects of a true college experience in a fun, easy, and affordable manner. This website has a competitive advantage by offering a one night or weekend stay at the fraction of the cost of a hotel. This site also gives the visitor the opportunity to connect with students personally by staying with them, sitting in on classroom settings, participating in large events on or around campus, and joining the nightlife scene.

Additional Questions

Who is your customer?

UBNB is going to make is possible for graduating high school seniors, current college/university students looking to transfer, individuals with a GED looking to begin their education, or graduate students looking to further their education the opportunity to visit any college or university in the country. This market, more often than not, is working a part-time job, are not paying for most living expenses, have transportation, and are looking to better their future. An enormous number of students around the country are looking to experience a new college or university to begin or continue their education. This market is extremely price sensitive which is a main reason why this service will be preferred. The service offered by UBNB is far more beneficial than that of a typical open house or hotel. UBNB connects visitors with hosts of similar interests giving more for their money than just a place to stay.

What problem does this idea/product solve or what market need does it serve?

UBNB will connect people who have space to spare with those who are looking for a place to stay. Guests can build real connections with their hosts, gain access to new environments, and immerse themselves in the culture of a true college experience. UBNB makes it effortless to showcase space to an audience of millions, and to find the right space at any price point anywhere for interested guests. UBNB eliminates the unknowns of a college/university while providing a safe, affordable, educational, and most importantly a social atmosphere. UBNB will be 100 percent virtual, meaning it will be all-online from start to finish. UBNB will provide seven steps of action to complete in order to become a host or guest.

What attributes will make this idea/product successful? Why do you believe that those features will create success?

UBNB will rely mainly on word of mouth marketing from visitors and hosts that went through this experience. Personal experiences will boost UBNB’s interactivity with students tremendously once word of mouth is spread. UBNB will also advertise online through Facebook and Twitter. Once UBNB can understand where most clicks come from, it will target that specific website.

Explain how you (your team) will execute to make this idea/product successful? What gives you (your team) an advantage over others already in the market or new to this market?

This company will be the first mover of its kind. Since the idea has been exposed, numerous individuals have expressed their interest in using UBNB. Whether it may be for a concert at a college or university or big game day, many individuals are of high interest in UBNB.