LAB
BECM33MLE - Ing. David Pařil
From prototype to real-world product:
Market & user research
Positioning + pricing
Channels, growth, funding
Risks, ethics, pitfalls
Marketing and branding
1)
2)
3)
4)
5)
Going to market \(=\)
Going to market \(\neq\)
Goal: Solve a real problem.
Why validate:
Key questions:
Market Research - Problem Validation
Go-to-Market
Target audience
Product
Brand positioning
Target markets
Marketing & sales plan
Timing
Customer discovery:
Market Research - Problem Validation
Though the user typically can not identify the pain :)
Source: www.compek.cz
Example: Insurance card reader
Identify your initial market clearly:
Start with a narrow range:
Target market
Ideal customer profile
Guides...
How you want to be perceived
Market positioning
Strengths
What you're good at
Weaknesses
Gaps and constraints
Opportunities
Trends, new markets
Threats
Competitors, regulation, substitutes
SWOT analysis
Template:
For [customer] who [problem], [product] is a [category] that [benefit].
Example:
For small e-commerce teams
who struggle with manual demand forecasting,
Forecast AI is a web app
that produces demand forecasts in minutes, reducing shortages by 30%.
Crafting a strong UVP
Unique value proposition
Business model \(=\)
Common models:
Business model - Monetization
Who pays?
What they pay for?
1)
2)
Lean Canvas
Problems
Existing alternatives
Solutions
Key metrics
Unique value proposition
High-level concept
Unfair advantage
Channels
Customer segments
Early adopters
Cost structure
Revenue streams
Infrastructure
Development
Manual processing
Full AI
automation
ChatGPT
Saved time
Customer satisfaction
Remove 90% of manual labeling
Reskinned ChatGPT with a custom system prompt
Recognized brand
Company website and social media
Small offices
Post offices with <20 employees
Subscriptions
Donations
Merch
Support
Pricing models
Common approaches:
Good practice:
Marketing and distribution
Online marketing
Direct outreach
Partnerships
Community
Launch platforms
Customer acquisition
The standard funnel model :
Early tactics:
Free trials
Landing page \wCTA
Demos
Measuring growth
Pick 1-2 metrics:
Funding
Recap:
Biggest pitfalls:
No GTM plan
Undefined user
Too many features / markets
Leading with tech, not problem
Workshop 1
Workshop 2
Workshop 3
Workshop 1
Workshop 2
Workshop 3
Presentation day
Provide a factual account of progress achieved so far and confirm the progress with your previously set milestones in the PRD document. The document should include:
Name of the project and it's members
Summary of what has been achieved so far
Evaluate milestones, re-plan if outside of set scope
Perform a risk evaluation of your project (i.e. what could go wrong?)
Briefly reflect on your progress so far, state executive decisions leading the project forward
Feel free to add: GUI concepts/screenshots, dataset sample, …
Expected length of the document is 1 A4 page. Submit your progress reports to BRUTE as a .pdf file.