PE6 Prototyping Flashcards

1
Q

Prototyping what

A

An early sample

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2
Q

Why prototype

A

Test idea or concept, make it tangible
Test.learn.improve

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3
Q

Other types of prototypes

A

Story
Blueprints of website
Customer journey
An advertisement
A role play

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4
Q

Pretotype: concierge

A

Replace expensive and complex computers and machines by people to do the work

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5
Q

Mock up

A

Build a simple, non active version of a model

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6
Q

Minimum viable product

A

Creates basic versions of your product, only core functions are active

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7
Q

Provincial

A

Test product in small target group before world wide launch

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8
Q

Fake door

A

Create a fake front door for a product that does not exist yet

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9
Q

Pretend to own

A

Rent or borrow from a key partner before investing in yourself

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10
Q

Relabel

A

Out another label on an existing product that looks identical to concept of own

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11
Q

Relabel

A

Out another label on an existing product that looks identical to concept of own

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12
Q

Why text new idea

A

Take away uncertainty
Determine whether there is enough evidence to pivot, persevere or kill idea

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13
Q

Business concept design

A

Turning vague ideas, market insights and evidence int concrete value propositions and solid business models

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14
Q

Business concept design: risk

A

Business cant get access to key resources

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15
Q

3 types of risks

A

Can we deliver it? Feasible?
Do customers want it? Desirable?
What is it worth? Viability?

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16
Q

Do customers want it?

A

Key partners
Key activities
Key resources

17
Q

Do customers want it?

A

Value propositions
Customer relationships
Customer segments
Channels

18
Q

What is it worth?

A

Cost structure
Revenue streams

19
Q

Reducing uncertainty risk

A

Key hypothesises
Experiments
Key insights

20
Q

Desirability risk

A

Customers arent interested

21
Q

How to do the testing

A

1 discovery experiments are used to gather information on customers and a potential market but they do not address risks
2 validation experiments reveal the risks behind a product launch

22
Q

Other types of discovery experiments

A

Storyboard
Cardsorting
Customer interview
Partner and supplier interview
Expert stakeholder interview

23
Q

Other types of validation experiments

A

Sizard of oz
Single feature MPV
Mash up

24
Q

Building a test sequence

A

Understand what kind of testing is available
Discovery experiments doesnt always have to come first before moving to another experiment bring what you have learned from previous experiment

25
Q

A good experiment

A

Defines the “who” precisely
Defines the “where” and the “what”

26
Q

Business experiment

A

Hypothesis
Experiment
Metrics
Criteria

27
Q

Purpose of testing business idea

A

Learn from evidence
Discover new directions
Foundation to make informed business decision

28
Q

Is a good idea sufficient

29
Q

People are

A

Risk averse

30
Q

Barrier for innovation

A

Risk aversion

31
Q

Pitch to…

A

Convince them to take risk

32
Q

Customer bottle neck

A

Situation
Bottleneck
Need

33
Q

The new concept

A

The new target group
The new concept mm
For who

34
Q

Succes

A

Simple
Unexpected
Concrete
Credible
Emotion
Story