Friday, February 9, 2018

Testing The Hypothesis Part 2 Assignment 9A

Who:
In two of the interviews I conducted, I found meaningful backlash to the idea not based on its premise, but based on the fact that these students watched the lecture videos and were up to date on notes because of a routine they had that helped them succeed academically. I feel like these examples are a perfect answer to why sometimes customers fall outside the boundary, as the need that you are trying to fill doesn't necessarily help someone who has a solution to the given opportunity in any way.

What:
The need that I am trying to fill with the given opportunity is similar to potentially other needs, however it is differentiated both within the specific type of class that the solution is a part of, along with its quick delivery process a day after the given lecture to the consumer. Other products try and ease potential exam struggles by presenting a cram guide the week of, however the swiftness of this solution can solve the immediate need and will continue to solve on a recurring basis, creating a holistically differentiated product.


Why:
With my solution, the differentiating factors are if the students have online classes in the first place for which notes on lectures are possible and the laziness of the students (like myself) who would rely on such a service to cover for their shortcomings.


Inside The Boundary:                                                                         
Who:  Students who take online courses                                                                                                 
What the need is: Detailed notes for a given online lecture to help prepare knowledge for tests and assessments.                                                                       
Why the need exists: Online students either can't find time to watch the lectures or are too lazy to watch the lectures for their classes.                                                                                         

Outside The Boundary:
Who: Students who either don't take online classes or keep up with their online lectures
What the need is: They either have a pre-scripted method that lets them be successful with their online note taking or attend the lecture personally.
Why the need exists: Without the need for the service that my solution provides, they remain outside the boundary of need and will remain an untapped revenue.

1 comment:

  1. Hi Andrew,
    I think you have a good grasp on the boundary of your opportunity. Your idea sounds like it has a lot of potential and if you were able to find a way to take well written notes in an efficient way to get to students the next day would be a great business idea. I know for myself, after the first part of the semester, I get lost in trying to catch up in watching hours of lectures and end up not doing it and getting frustrated. So any notes to help, would be a life saver.

    ReplyDelete