Skip to main content

Kickstarter WTF's: TrapTap

So, it's now been years since smartphones have become ubiquitous in the US. We've also seen the growth of Waze as a nav app, specifically because of it's combination of crowdsourced traffic, speedtraps, and road conditions; so much so, Google and Facebook fought each other for the right to buy them (Google won). So, we have a perfect blend of market, community, and technology to be able to report and share vital driving info. Right?

Um, TrapTap doesn't think so. Nope, these folks are introducing a small physical device that uses visual and audio indicators to tell you that there's something to watch out for. Could be a speed trap, could be a school zone. Oh, but you see that cop you just passed at 20 miles faster than you should be? Well, just before he pulls you over, just tap twice on this gadget and everyone else will get hooked up with the info on their TrapTap.

So why my gripe? Well, first you're creating a boil the ocean problem: in order for the purchaser to benefit, the community needs to be there. Except it's got to be built up by lots of people using this gadget. Which means all these folks have to pony up the $100 to get into the ecosystem. No, that's not a mistype: not free like Waze, or $10 for the small hardware; add another zero there. And don't forget, this is Kickstarter: you may never see this disc of magic, and instead find yourself funding some Canadian booze-fueled binge vacation. Sigh.

The truth is that I loved these folks' video, albeit being very bro-hipster-centric:


I like the fact that the user experience is more driver friendly than apps like Waze for reporting hazards. I just think it requires so much more, or a head start by licensing existing community data to supercharge the network effect. But this smacks of being a feature that's trying to be a product: imagine if this was built in to your radar detector, or an accessory for your Waze/Apple Maps/Google Maps? Think of how Square gives away their credit card reader to get new customers, or how Amazon charges $5 for a Dash button, but gives you $5 credit for your purchases. Now that is how to get this type of product to market.

But thanks, guys, for the entertainment. And if you get an acquisition offer...you're welcome. :-)

Comments

Popular posts from this blog

Loyalty Review: Kohl's Yes2You

 As some of you know, I've spent over 15 years in the customer loyalty space. So, when I come across a new retail loyalty program, I can't help but see the pluses and minuses. After this many years, it's kind of ingrained. Periodically, I'll share my thoughts with you. Today, it's Kohl's turn under the scope. Let's have a look, shall we? I've divided the review up into three sections: what's good about the program, what's bad about the program, and what I'd change about it. That last one has some actual value: I charged hundreds of dollars per hour for loyalty program consulting, and had over a dozen clients, before I moved to JustAnswer FT. But, being a pandemic and all, I'm giving it away for free here. Kohl's, you're welcome. Here we go! The Good Sign up is opt in Seems odd to praise Kohl's for this, but in department store loyalty, this is a rarity, and a smart one. It means the customers who are opted in are already prime...

Revisiting Star Trek: The Next Generation: Season 1

I recently started rewatching Star Trek: The Next Generation from the beginning. I have nothing but fond memories of the original run in the 1980s, given how excited I was for a new Trek series in my lifetime (I had only reruns and the movies to stoke my Trek interest), and it recently occurred to me that, while I diligently consumed every TNG episode, I had not experienced the series since it's original run.  Why did I do this? Well, a few reasons: With the triumphant return of Sir Patrick Stewart to the smaller screen as the venerable Jean Luc Picard , I thought it would be interesting to contrast this version with the previous, and see how far he has come. It would add color to the character, as well as Sir Patrick. Frankly, with the COVID19 lockdown, the series I have binged upon have been intense, dark, and disturbing. Combined with the activity of the world, including insane politics, homicidal police who seem to view people of color as "prey," rather than their ch...

The Icarus Effect

This morning's news started with the latest grim proof of overdevelopment in a tough sector: SkyBus Airlines shut down , less than year from when it started. Never heard of Skybus? Not surprising; they chose to focus on trips from Ohio to the West Coast for ridiculously low fares. Yes, you read that right: the airlines' unique niche was that they focused on trips from Ohio . Was air travel such an amazingly profitable business that we needed that much segmentation and focus? Of course not. A year ago, when Skybus was just getting off the ground (har har), fuel costs were at an all time high. United was still in bankruptcy; Delta, a fellow airline with a major hub in Ohio, was just exiting Chapter 11. And yet, "irrational exuberance" led investors like Nationwide Mutual Capital, Huntington Capital Investment Co., and Battelle Services Co. to ignore the obvious signs of risk, and dive into what was a dubious investment. Today, they, and the passengers who were lured by ...