Customer Segment Who are they? Company? or Individual? what age? what profession?
Service? Product?
Value proposition it is answering your question what are you building and for who? !!! It's not about your idea or product !!! it is solving a problem (what pain are you solving) it is providing needs for customer (what gain are you creating) it is normally you will list all you features, the speeds, benefits and whatever, but it is not about your technology. technology is just a part of value proposition Customers really dont care about your technology!
Problem and Need Problem accounting ticketing Need entertainment communication
Channels it is to figure out how your product is delivered to customer! Physical channels Stores Virtual channels Websites Mobile apps
Customer Relationships How do I get Customers? How do I keep Them? How do I grow them?
Revenue Streams it is how you are going to make money. it is what value is the customer paying for? Direct Sales? Freemium? Ads base? Premium? Subscription? etc..
Key Resources What do you need to make the business model work? What assets are important? Warehouse Office Capital Cars software programmer art designer etc..
Key Activities What is the most important thing you need to do for the business to make the business mod work. are you on production business? are you making something? are you doing problem solving business? like consulting or engineering. or are you managing the supply chain? What is the activity that you need to become expert at?
Key Partners what is eactly we are acquiring from partners? what activities are they going to perform and when? example: Strategic alliance Joint Ventures Regular Suppliers etc..
Cost What are the cost and expenses to operate the business model?
What is Market Like? is there someone providing my product or service? what do the possible competitor offer? how can we make our product/services different and unique?
Let’s Validate your IDEA Time : 1 Hour
PITCH
Demo Day Pitch You will have about 3 (Three) minutes to really wow your audience Put on show and be a rock star
Demo Day Pitch Introduce your name, and make it short Make the audience feel the pain or the problem Or make them amaze about your idea Talk about your solution and make it simple Show a demo, screenshot, short film.
The Market Differentiation : how to stand out with the competitor, what makes your product is better than your competitor . Monetization : how you want to make money? Freemium ? Subscription? Profit Sharing? Advertisment ? Opportunity : What is the market?
Team Tell about your team Tell the audience that you have a great team Our team is made up of . . . Marketing, Design Graphic, Developer . . .
Presentation Slide It is impossible for you to have great looking products and bad looking slides This is like your business card And it is the reflection of your product Lot of online products that make your slides look better Or let your designer team do it.
Delivery You need to be your best
Problem Statement Clarity of Problem Statement Defined Solution Proposed Elegance of Solution Proposed Business Model Was Business Model Discussed and clarity Creativity & Innovation - Overall The ‘wow’ factor of the team’s overall presentation & design of solution Pitch Quality How they pitched in the given time..