Winners During the Pandemic
In 2020, this company was the stock market's biggest star doubling its value in one year thanks to its product whose features included breakout rooms, virtual backgrounds, and "touch up" among others.
What is Zoom?
Before we knew this game giant for its plumbers and princesses, the company started out in the late 1800's making traditional, hand-painted playing cards.
What is Nintendo?
A physical good is a type of product that you can see, touch, and keep in your possession. This is the other main type of product that you can NOT keep forever because it is an experience or interaction you pay for.
What is a service?
This company's "Switch" handheld video game console was notoriously hard to find during the pandemic and helped boost revenue by a factor of 3x.
What is Nintendo?
Ever struggled to decide between buying a toy dinosaur, a toy truck, or a toy robot alien? You'd be best off buying this toy and not having to decide at all.
What is a Transformer?
This is the key term for the clearly defined group of people that your product is for.
What is "target market"?
Since the pandemic began, this company has seen a 15% jump in sales fueled by its cleaning products like bleach and disinfecting wipes.
What is Clorox?
Ninja turtle Donatello uses this weapon.
What is a bo / bo-staff / staff?
When an entrepreneur achieves this key term, he/she gets rich. It means a brand has created exactly the right thing at the right price for the right people and is telling them about it in exactly the right way.
What is "product-market fit"?
Bikes became a very hot commodity during the pandemic, especially this American brand that carried Lance Armstrong (and his PED's) to all of his Tour de France victories.
What is Trek?
Despite the fact that this toy can be enjoyed completely in just 3.47 seconds, it's actually easier to hate it forever. (Or just take the stickers off.)
What is a Rubik's Cube?
There are 5 steps of the design thinking process. These are 2 of the 5.
What are: 1) Empathize, 2) Define, 3) Ideate, 4) Build, 5) Test?
During the pandemic, this company saw a 66% sales increase which is particularly impressive given that its wheeled flagship product has a starting price well over $2k and can't actually take you anywhere.
What is Peloton?
This toy, invented in 1990 by Tuskegee University alum Lonnie Johnson, is best enjoyed during the summer and has reached a staggering 1 billion dollars in sales thanks to Johnson's experience at NASA where he worked with pressure, air, water, and propulsion.
What is the Super Soaker?
This was the first name of this week's guest speaker. (Sorry 3rd period!)
What is Tim? (Ent 1)
Or, what is Chi? (Ent 2)