Creating Jobs. Changing Lives

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 11

Creating Jobs.

Changing Lives

© Copyright Wadhwani Foundation 5/9/21


PV Milestone 2
Comparing prizes of same products present on different E shopping websites
Group Members
1>Soumyarup Basu (CEO)
2>Ritayan Sil (CFO)
3>Souvik Ganguly(COO)

© Copyright Wadhwani Foundation 5/9/21


Team Profile: PV Name & ID

Team Member Background / Role Rationale behind


Name Strength / Passion taking up this role
Soumyarup Basu Worked as interns and in a CEO Leadership qualities
small scale business and work experience,
engineer

Ritayan Sil Web designer and sales CFO Engineer, sales


executive expertise

Souvik Ganguly Programmer and web COO Tech gig, engineer


designer

© Copyright Wadhwani Foundation 5/9/21


Synopsis: Milestone 1

PV Name : Problem solver


ID: 9677

Problem identified as worth solving: People having problem while comparing prices of same
product on different website and choosing the cheapest one. It consumes a large part of their
time.

Proposed Solution to solve the problem:


The proposed solution is to create a website which will compare the prices of the same product
on different website and would help customer to chose the product from the desirable site
without much time loss.

© Copyright Wadhwani Foundation 5/9/21


Synopsis: Milestone 1 Presentation Feedback and Action Taken

Feedbacks given:
1)We received the feedback of interviewing people on a large scale to determine the problem we
identified is actually worth of solving or not.
2)Some less popular site having the same product may not be present in our website
Steps taken:
1)Previously only 10 people were interviewed but we have increased the number up to a limit of
50 in this month .Most of the responses were positive and we think the problem we identified is
worth solving.
2)We will try to update information on our website Regularly

© Copyright Wadhwani Foundation 5/9/21


Statistics of customer interviewed

© Copyright Wadhwani Foundation 5/9/21


Value Proposition Canvas

© Copyright Wadhwani Foundation 5/9/21


Business Model/Lean Canvas

© Copyright Wadhwani Foundation 5/9/21


Competition Analysis
Competitor Competitor Competitor
Competitor 3 Competitor 4 You
1 2 5
Product Free Always giving Attractive Promote small Show less ads Provider of
some sort of website business on their quality products
Benefits shipping discount with some
websites discounts or
coupons always
available
Comparing prices of Comparing prices Comparing prices of Comparing prices of Comparing prices Comparing prices
same products on of same products same products on same products on of same products of same products
Product different websites on different different websites different websites on different on different
websites websites websites

Available High traffic of Trendy among The chances of Better user We don’t
worldwide customers due to youngsters providing finding the cheapest interface for compromise with
UVP an extra edge of promotional benefits provider of the item surfing due to lack the quality of our
discounts. is maximum. of ads service
Price ------------------- ------------------------ ----------------------- ----------------------- ----------------------- -----------------------

Branding ----------------------- ----------------------- ----------------------- ----------------------- ----------------------- -----------------------

Market Easy to use Always on Attractive websites Not good ads are Not good Easy to use,
discounts always popping up The website is not good interface,
Review well designed discounts available

© Copyright Wadhwani Foundation 5/9/21


Competition Analysis (contd.)

CONCLUSIONS FROM THE ANALYSIS


1)Our website and application is user-friendly ,free of cost, and is always developing in new ways.
2)We will be providing discounts on purchase which other competitors don’t.
3)Not so popular, but aspiring shopping website lists will also be present in our website.
4)It will save the time of customers and provide a hassle free experience.

© Copyright Wadhwani Foundation 5/9/21


Thank You!

© Copyright Wadhwani Foundation 5/9/21

You might also like