Define one customer persona for this hypothesis

Assignment Help Business Management

Reference no: EM133277490

Assignment:

Entrepreneurship & Innovation

Levering the 'big ten' opportunities framework, come up with a hypothesis of an opportunity and bring it forward using the speedboat template

Define one Customer Persona for this hypothesis and identify a relevant Jobs to be Done.

Record the respective Outcomes of this JTBD in the templates provided.

Write a half page description of what you think the Opportunity is i.e., what is important and not satisfied. Extra points for deriving to this conclusion through a survey analysis that has been sent to the target audience (i.e., persona you chose)

Describe what could be an appealing Value Proposition for this opportunity (i.e., how your Value Proposition helps in solving their Jobs-to-be-done addressing the pains/gains of the persona) using the Value Proposition canvas template provided. Feel free to enrich it with pictures or any other visual you deem fit for purpose.

Determine what your revenue model will be and create an initial estimate of your revenue projections for the next 5 years. Create an Excel model and enter this value into it. Using the unique Value Proposition you developed, consider what your main costs will be, including those involved in providing the product and customer acquisition cost, and integrate them into your Excel model. Assess the output of your economic model and determine if your initial estimates indicate that your business is viable.

Explain what could be an MVP that you could develop to test whether your value proposition would be appeal to your target audience.

Elaborate on how you would go about to test your MVP.

Reference no: EM133277490

Questions Cloud

What criteria are used to understand the risk of developing : What criteria are used to understand the risk of developing such conditions or complications? Will this problem lead to secondary conditions or complications

What does that phrase mean : PSY 205 University of Phoenix discuss "successful aging". Based on all you have read throughout this course, what does that phrase mean?

Research issue in the original aces study : COUNSELING 514 University of the District of Columbia research issue in the original ACES study. Explain why the researchers believe that a problem or issue

Elements of a childs personality because of learning : PSYC 303 Regent University example of how this approach to personality may shape some elements of a child's personality because of learning

Define one customer persona for this hypothesis : Define one Customer Persona for this hypothesis and identify a relevant Jobs to be Done. Record the respective Outcomes of this JTBD in the templates provided.

How was concern for patient : Recall a nursing situation from practice that bothered you. How was concern for patient/family, nurse, and system well-being guiding the situation

What should the researcher do to ensure the privacy : What should the researcher do to ensure the privacy and confidentiality of the volunteer participants before, during, and after the study

Examine different periods of policing : Examine different periods of policing and discuss their main strengths and weaknesses. Identify period of policing that you believe has had the greatest impact

How long does an average customer spend in the bank : A set of bank tellers process on average 750 customers per day what is open for 7.5 hours on average there are 15 customers in the bank at any given time.

User Account

All Pages