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Few Business Models Remain Unchanged After Exposure to Customers

Autor:   •  March 8, 2016  •  Case Study  •  2,058 Words (9 Pages)  •  903 Views

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Few Business Models Remain Unchanged After Exposure To Customers

Your business model is likely to change significantly once you expose it to potential customers.   The principal task in this Customer Analysis Assignment is to find out who your customers are, determine if there are multiple segments of customers, and learn from customers in each segment to determine if the assumptions about your business model are valid or need to change.

VENTURE NAME                               CUSTOMER ANALYSIS SUMMARY

Segment 1

Segment 2

Segment 3

# of Customer Discussions

# of Customer Discussions

# of Customer Discussions

Assumption 1 :        You Know Enough About Your Potential Customers to Deliver Value to Them

Customer Archetype Description

Large coorperation business owners

Top 3 Customer Decision Criteria

  1.  Reduce electric bill
  2. Go green
  3. Needing to remodel by putting in a revolving door

Threshold Attributes

Revolving door, place to store energy

Assumption 2 :       You Can Find Significant Unsatisfied Customer Pain Points

How Customers Now Solve Their Problem

They don’t view it as a problem, everyone has an electric bill

Key Pain Points That Remain Unsatisfied

High electric bills for businesses

Assumption 3 :      You Can Create a Differentiated Customer Experience That Your Target Customers

                              Will Value and Buy 

In a Perfect World Customers Could

Implement these going green revolving doors, not worry about the cost but instead be generating energy at a lower cost

Top 3 Things Your Venture Can Do to Deliver Perfection

  1. Minimize cost of revolving door construction
  2. Insurance on the door for broken or cracked glass
  3. Perfect the energy storage unit

What Premium Might Customers Pay for This Perfection?

Yearly insurance fee

Upcharge for a bigger energy storage unit


Assumption 1:         You Know Enough About Your Potential Customers to Deliver Value to Them

Customer Archetypes

Customer archetypes are hypothetical customers that help ventures visualize who will buy or use their product.  You will likely use these archetypes again and again as you develop your solution and work with your colleagues, contractors, and partners to bring your venture to market as these archetypes help you keep focus on your customers.

Task :  Who are the Archetypical Customers in Each of Your Segments?    

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