From the idea to success - 7 of 7

From the idea to success - 7 of 7

From the idea via the MVP (minimum viable product) to success with the help of a dedicated panel

Thanks to our 7 tips, you can create profitable new services even more securely.

For which situations is the procedure suitable?

• You are dealing with new (digital) businessmodels.
• You are planningnew digitalservices as a classic company.
• You are expanding your portfolio with new digitalservices.

Part 1 is dedicated to the basics. Everything starts with good organisation: planning, outlining, arranging. The 2nd part deals with the synchronisation and development of questions. Now it's time for your own panel, to which you direct your questions in episode 3. In the subsequent issue 4, you develop your minimum viable product, which you now submit to your panel (part 5). Tip 6 focuses on the evaluation of the feedback and your decisions on how to proceed. We are approaching the finish with part 7!

• Part 1 - From the idea to success
• Part 2 - Ask the right and important questions
• Part 3 - Create your own panel
• Part 4 - Develop your minimum viable product
• Part 5 - Present your minimum viable product to your panel
• Part 6 - Assess your minimum viable product

Seventh - Plan, secure, benefit

Good to know – MVP in this context:

• Your service/digital product is in the first stage of development testable by customers.
• It contains your planned essential function(s), which is/are aimed at the needs of the target group that you have previously identified - the minimum possible scope of the functions.

Hooray, we are planning to implement!

Some companies start at once with a plan for the market launch. Others lash together the business case beforehand.

Thanks to the feedback from your test panel, you know the following:

• Your new product/service has the best chances.
• What matters to your target customers.
• What adjustments you still need to make peu à peu.

Consultant tip – secure!

Check that you show your finished product to your test panel again before market launch. This gives you at least these three advantages:

1. You receive feedback again and secure final aspects.
2. You sell your first products. Your test panel is sure to pounce!
3. Your fan base grows.

Penetrate the market and profit

Unpredictable risks are of course left out. Think, for example, of the Ukraine war, which certainly no reader had on his or her mind at the beginning of our series. You

• are successfully marketing your new product, your new service,
• are earning good money with it and
• are operating in an extremely efficient and target orientated manner.

Congratulations!

Experimental values from your consultants:

Good to know:

• With eisq, experienced pilots are at your side.
• Reach your destination more safely and maximise your results.
• Feel free to use us as a clock generator or sparring partner.

Measure yourself with us.

Arrange a free Teams appointment.