PV Milestone 4 - Tech101 1 1 1 1 1

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INTRODUCTION

IINSERT SOME PHOTOS , VIDEO OR STATISTICS TO INTRODUCE PRACTICE VENTURE


RESULTS OF
INTERVIEWS /
ANALYSIS OF
DATA
CUSTOMER Place
your PV
logo here

Results

What is your Market type?

What is your TAM - Total Addressable Market?

What is your SAM – Serviceable Addressable Market?

What is your SOM – Serviceable Obtainable Market?

What is your Niche?


CUSTOMER
CUSTOMER PERSONA
PERSONA – Employee
(PRESENT CUSTOMER and BPO
PERSONA FOR ALL CUSTOMER SEGMENTS)Agents Place
your PV
who works longer hours infront
Attribute 1
of the computer.
Attribute 2 Attribute 3
logo here
Goals
Insert your customer’s • ?
picture/photo • ?
• ?
• ? Motivations

Frustrations
• ?
How does your customer describe • ?
herself in a few words or 1 line? • ?

Age (in years): Bio


Gender:
Profession: • Describe in brief about your customer?
Location: • Try to explain in not more than 8 lines or 2 paragraphs.

Personality
SOLUTION Place
your PV
logo here

Solution description:
We offer a…………………………………………
Currently the customers are addressing the problem by ………………………………………...
Our solution offers customers the benefit of ………………………………………………………….
The details of our offering consist of:
1. ?
2. ?
3. ?

Why this business will work in our market/region or country:


……………………………………………………………………………………………………………………………………………….
VALUE PROPOSITION CANVAS Place
your PV
logo here

I would LOVE it if:


→ What do you offer that makes the → ? What would make the customer happy?
customers happy? → ? What do the clients want when facing the
problem?

This refers to the feeling/action of customers


before he gets in contact with your solution.

What is the product or service that you I would WANT:


are offering?
GAIN GAINS → What do the clients do (actions)
CREATORS when facing the problem?
PRODUCT/
SERVICE JOBS This refers to the feeling/action of
customers before he gets in contact with
PAIN KILLERS PAINS your solution.

I would HATE it if:


→ Which features of your offering relieve
the customer's pains? → What are the pains of the clients when facing
the problem?

This refers to the feeling/action of customers


before he gets in contact with your solution.
LEAN CANVAS Place
your PV
SOLUTION UNFAIR ADVANTAGE
logo here
UNIQUE VALUE CUSTOMER SEGMENTS
………………………………… PROPOSITION • ? …………………………………………
………………………………… ……………………………………… • ? …………………………………………
………………………………… ……………………………………… • ? …………………………………………
PROBLEM ………………………………… ……………………………………… • ? …………………………………………
………………………………… ……………………………………… • ? …………………………………………
……………………………………… …………………………………………
…………………………………………

KEY METRICS HIGH-LEVEL CONCEPT CHANNELS


• ? ……………………………………… • ?
EXISTING ALTERNATIVES • ? ……………………………………… • ?
………………………………………… • ? ……………………………………… • ?
………………………………………… • ? ……………………………………… • ? EARLY ADOPTERS
………………………………………… ……………………………………… • ? ………………………………………
………………………………………… ……………………………………… ………………………………………
………………………………………… ……………………………………… ………………………………………
……………………………………… ………………………………………
……………………………………… ………………………………………
……………………………………… ………………………………………
………………………………………

COST STRUCTURE
• ? REVENUE STREAMS
• ? • ?
• ? • ?
• ? • ?
• ?
Php 1,100
- Our goal with Revowedge is to provide a healthy sitting environment: free from back pains and
discomfort, experience optimal lounging, and stress buster pillow. The Revowedge comes with a wedge
pillow that is best to use when sleeping as well as resting while the lumbar pillow attached underneath is
used at the back of the chair to soothe back pains and discomforts brought by prolonged sitting. The
Revowedge comes with a hypoallergenic pillowcase that has different colors that will match your profile
including black, blue, and gray- the attachments include an essential oil diffuser, a vibrating massager, and
a lumbar pillow that are packaged at a price of Php 1,100.
MVP EVIDENCE Place
your PV
logo here

Analysis of result:

1. Did they validate your solution and price?

2. What are the benefits that your interviewers found?

3. id you have any changes to be done after this feedback?

Use graphics and numbers to give a complete data analysis.


MVP CONCLUSIONS Place
your PV
logo here
Conclusions of validations:
What did you learn about the MVP with the validation?
What will you maintain on MVP?
What will you change on MVP? Include here the changes and updates
FINANCIAL BREAKDOWN AND PLAN (add link to editable template) Place
your PV
logo here

BASIC FINANCIAL PLAN


Fixed Costs (for a Salary per No. of
Startup Costs Rand month) Rand employee employees Variable Costs (per unit) Cost Unit Rate
0 Salary 0 0 0 0 0 0
0 Fuel 0

0 Electricity 0
0 Telephone and data 0
Hosting 0
0
Total 0 Total
Click to add text Total 0

No. of
Revenue (for 30 days) Customers (per month) months SUMMARY
Number of customers 0 0 0 Revenue R
Units per customer purchased 0 0
Price per unit (in your currency) 0 0
Purchase frequency during mon 0 0
Total sales in units (no.) 0 Total 0
Total sales revenue (RAND) 0
Profit 0
Breakeven #DIV/0!
Pay back period
(months) #DIV/0!
Contribution (margin) 0.00
MARKETING AND SALES Place
your
• Present here your brand name and logo logo here

?………………………………………………………………………..

• Present here your Positioning Statement

?………………………………………………………………………..

• - Present
For people who
on the table experience
below the channels back
and whypains andthem
you chose discomfort, Revowedge
is an innovative designed wedge pillow that provides great benefits
to Market
soothes back pains and
segment discomforts due
Channels Why to prolonged sitting.
this channel?
Unlike other competitors like Mandaue Foam, Revowedge offers
attached
Early adopters: lumbar support
BPO Agents of Alorica
Social Mediain the wedge pillow
Justify why: which provides a

healthy sitting environment that alleviates back pains and an added


Philippines

essential oil diffuser


Clients: on
Social the wedge pillow that relieve stress.
Media
Office employees
MARKETING AND SALES Place
your PV
logo here

• Insert here your Elevator Pitch video link


(For video recording, please refer to the slide 22)
Market segment Channels
?……………………………………………………………………….. Why this channel?

Early adopters: Social Media We can instantly catch the attention of


BPO Agents of Alorica Philippines customers through social media like
posting on our page, stories, and other
• Did you make any sales? If yes, demonstrate it here (what did you sell, how many, to whom, for how
platforms.
much?).
?…………………………………………………………………………
Clients: Word of Mouth Through word of mouth, a free
Office employees promotion that can capture the
attention of the customers by
performing an effective sales
conversation.
https://www.youtube.com/watch?v=57BMe_NhHmM
MARKETING AND
Place
your PV

SALES TARGET MARKET:


logo here

Employees who works longer hours in front of the computer

LEADS:
Weary of traditional features of pillows
THANKYOU.
OPPORTUNITIES/PROSPECTS:
Transforming the design of traditional
wedge pillow into a new concept that is
beneficial by maximizing the potential
of the wedge pillow which contributes
to the overall comfort that soothes back
pains.

CUSTOMER:
Office employee
Place
your PV
logo here
WHY THIS BUSINESS WILL WORK

- The companies in our country pushed to adapt to changes by


implementing work from home setup for their employees which results
in longer sitting hours that leads to back pains and discomfort.
Therefore, it showsa potential market to the business
TEAM COMMITMENT
Team members names Strengths and abilities
Florentino, Christian I am patient and a dedicated type of person. I can stay calm even in tough situations. I’m
always looking to develop myself and eager to learn new things.
Danganan, Renz Lemuel My strengths are being disciplined and organize. I have an interest in solving problems
efficiently like maintaining and repairing pieces of equipment to use them longer. My skills
are playing guitar, cooking, and repairing.
Datuin, John Lennard I’m the certain type of person that is dedicated and contains prioritization on the things
that is important. I’m also a fast learner and have an adaptability skills that I can provide
and contribute on my team.

What makes us a good team to solve the problem we chose?


- As students, we experienced back pains and discomforts during synchronous
activities and while finishing assessment tasks. Our team targeted the problem
and produced a solution by making a multi-purpose wedge pillow that may
soothe back-pains and discomforts.

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