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One-Day Validation of Venture

High-Rank Venture: PLANT BASED FOOD

Seller Buyer

Name / Company / Role Mylene Salvador / Vegan Vegan/Vegetarian/ Health


Picks / Staff Enthusiast

Verify the Problem Products are organic and no Preorder basis, not easily
preservatives therefore shelf accessible and available
life is shorter than meat
products

What’s the hardest part about Products are made to order Buyers demand will not be
the problem? basis to have longer shelf life readily available therefore it
and maintain product’s will be an inconvenience as
freshness and quality, some waiting time will be 2 days
products will not always be and more depends on
readily available as they are products availability
imported from Taiwan

Can you tell us about the last The last time we experience it Last week I wanted to order
time it happened? was on December 2023, our some frozen goods for my
manpower were overpowered Tita as she will visit our place
by our orders from resellers but my orders were sold out
and customers as it was peak and I have to wait few days to
season, imports from Taiwan have my orders therefore my
were delayed as it was Tita was not able to try the
Holiday Season products because it was only
a 1 day visit.

What, if anything, have you Stock at least 15 pieces of Order a week before the said
done to solve the problem? each products, when the date so it will certainly be
[Problem Awareness (Latent, expiry date is close products available.
Active, Vision)] will be put on sale

What are your issues with the Some products may be Waiting time is still an
solutions you’ve tried? expired before being sold and inconvenience
it will be a loss of profit.

What role would you play in Customer Satisfaction, I will make an inquiry before
choosing/implementing the Buyers convenience and my preferred delivery date so
solution? Know Who types. Quality of products is more I can make sure the products
important than not taking risk is available
in terms of shelf life
What do you think of our The suggestion to stock at Inquiring for the availability of
proposed solution? least 15 pieces per product the products before the
and will be put on sale if delivery date is good as long
expiry date is close is a great as quality and freshness of
idea. By establishing this the products are well
solution there will be less maintained
inconvenience for customers
as it will always be readily
available in the market and if
the products will reach its
expiry date, it’s loss will not
be immense as 15 pieces is
not that vast for loss but it is
still recommended to avoid
loss at all times.

What do you think of the I believe that the Minimum It’s hard for buyers to avail
MVP? (from the previous Viable Product (MVP) Vegan products as there are
venture) strategy is an effective limited stores in Pampanga.
approach to product Veganism is also not popular
development. The MVP especially most people tend
approach allows businesses to choose meat products. As
to test and validate a product we are in a fast paced society
idea while minimizing risk and people will most likely choose
cost. Developing a fully- convenience over health.
featured product can be time-
consuming and expensive,
and may not necessarily meet
the needs of the target
market. The MVP strategy
enables businesses to get to
market quickly with a product
that meets the core needs of
their customers, while
gathering feedback and
refining the product over time.
It is important to prioritize
customer feedback and
continuously improve the
product based on their needs
and preferences.

What resources/support I'd make sure we address our I’ll use social media or
would you be able to provide stock management problem cellphone app to inquire in
to advance the tech by providing resources and the store to immediately ask
development? support. This could involve for the available products.
integrating a modern
inventory management to
monitor and see the
expiration date of the current
stocks. It'll make our
operation smoother and
lesson loss. Once we
implement this, we'll make
sure our team knows how to
use it. We'll make sure it's
integrated with our current
process, so everything runs
like clockwork. And if there
are any issues, we'll be there
to help and fix them.

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