IDEA NAME Students Name Details 1 11102020 IDEA
- Slides: 11
IDEA NAME Student/s Name & Details 1 11/10/2020
IDEA OVERVIEW 11/10/2020 Explain your idea. A one-line description. 2
THE PROBLEM Clearly define the problem What problem does your product solve? Who is facing this problem? Why there is a necessity/ need for your product/ service? 3 11/10/2020
THE SOLUTION How are you solving the problem? Identify the solution to the specific pain point (problem) you identified in the previous slide. 4 11/10/2020
CUSTOMER SEGMENT Who is facing the problem that you are solving? Who is your target customer ? Who will buy your product/service ? 5 11/10/2020
VALUE PROPOSITION What type of product/service is yours? Website/Equipment/Social/Management system Why should customers choose you? What is your value proposition? What benefit do you give to your customer? 6 11/10/2020
CHANNELS (MARKETING) 11/10/2020 How will you reach your customers in a cost-effective manner? What marketing will you do to get customers? 7
FLOWCHART/ PRODUCT WORKFLOW Can you draw a simple flowchart showing how your product/business will work. Your flowchart should explain “How to implement your idea” 8 11/10/2020
REVENUE MODEL • How do you plan to make money ? • If your are working on a social idea, how do you plan to create an impact? 9 11/10/2020
COMPETITORS Is any company already working out your idea? List any 3 competitor companies with a similar idea/ product 11/10/2020 10
WHAT HELP YOU EXPECT FROM NATIVELEAD ? Mention what specific help you need to take the next step for your Idea. Guidance for executing the idea Appointment with an expert in the chosen field Finance to do prototype Help on how to market the idea Technical support to build the product 11 11/10/2020
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