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Some Tips
Discussion points
 Product Development : lean startup model
 Market Size and the targeted Market
 Your product Price is it considered as your selling point??
 Customer Validation (get out of the building and meet your customers)and show
the numbers within your pitch.
Product Vs. Value Definition (your Product
Story)
Company Product Definition Value Definition
Missouri-Pacific Railroad We run a railroad. We are a people-and-goods
mover.
Xerox We make copying equipment. We help improve office
productivity.
Standard Oil We sell gasoline. We supply energy.
Columbia Pictures We make movies. We market entertainment.
Encyclopedia Britannica We sell encyclopedias. We distribute information.
Carrier We make air conditioners
and furnaces.
We provide climate control in
the home
Selling Channels
Value Distribution
Comments
 Producers lose control and face greater channel complexity as additional
channel levels added. (Ex. Product Price control)
 Producers may lose high consumer interaction and feedback.
 Part of the consumer experience is not provided by the Main producer As an
alternative : Franchise Concept
 Channel Conflicts (Vertical, Horizontal).
Revenue Streams
Revenue Streams Questions
For what value are our
customers really willing to
pay?
For what do they currently
pay?
How are they currently
paying?
How would they prefer to
pay?
How much does each
Revenue Stream contribute
to overall revenues?
Revenue Streams Ways
Asset Sale
books, music, consumer electronics
Usage fee
Telecom, hotels
Subscription fees
Gyms, magazines
Lending/Renting/Leasing
Zipcar.com car rent
Licensing
Software, patent
Brokerage fees
Brokers ,real estate agents and credit card
Advertising
media industry, Google
Business Model
Canvas
(The base of your
pitch)
Resource-driven
 resource-driven innovations
originate from an organization’s
existing infrastructure or
partnerships to expand or
transform the business model.
 E.g. Amazon Web Services
Offer-driven
 offer-driven innovations create
new value propositions that
affect other business model
building blocks.
 E.g. Facebook
Customer-driven
 Customer-driven innovations are
based on customer needs,
facilitated access, or increased
convenience. Like all innovations
emerging from a single epicenter,
they affect other business model
building blocks.
 E.g.: 23andMe personalized DNA
testing to individual
Finance-driven
 Innovations driven by new revenue
streams, pricing mechanisms, or
reduced Cost structures that affect
other business model building
blocks.
 E.g.: Xerox $95 per month, with
2,000 copies, plus five cents per
additional
Pitch Tips
 Turn your pitch into a story.
 Explain exactly what your product or service is.
 Explain exactly what is unique about your product or service.
 Explain your revenue model
 Sell a vision.
Best Of Luck & Make us
Proud 

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MIT_competition-Sudanese Winners (ZainSudan mentorship)

  • 2. Discussion points  Product Development : lean startup model  Market Size and the targeted Market  Your product Price is it considered as your selling point??  Customer Validation (get out of the building and meet your customers)and show the numbers within your pitch.
  • 3. Product Vs. Value Definition (your Product Story) Company Product Definition Value Definition Missouri-Pacific Railroad We run a railroad. We are a people-and-goods mover. Xerox We make copying equipment. We help improve office productivity. Standard Oil We sell gasoline. We supply energy. Columbia Pictures We make movies. We market entertainment. Encyclopedia Britannica We sell encyclopedias. We distribute information. Carrier We make air conditioners and furnaces. We provide climate control in the home
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. Comments  Producers lose control and face greater channel complexity as additional channel levels added. (Ex. Product Price control)  Producers may lose high consumer interaction and feedback.  Part of the consumer experience is not provided by the Main producer As an alternative : Franchise Concept  Channel Conflicts (Vertical, Horizontal).
  • 12.
  • 14. Revenue Streams Questions For what value are our customers really willing to pay? For what do they currently pay? How are they currently paying? How would they prefer to pay? How much does each Revenue Stream contribute to overall revenues?
  • 15. Revenue Streams Ways Asset Sale books, music, consumer electronics Usage fee Telecom, hotels Subscription fees Gyms, magazines Lending/Renting/Leasing Zipcar.com car rent Licensing Software, patent Brokerage fees Brokers ,real estate agents and credit card Advertising media industry, Google
  • 17. Resource-driven  resource-driven innovations originate from an organization’s existing infrastructure or partnerships to expand or transform the business model.  E.g. Amazon Web Services
  • 18. Offer-driven  offer-driven innovations create new value propositions that affect other business model building blocks.  E.g. Facebook
  • 19. Customer-driven  Customer-driven innovations are based on customer needs, facilitated access, or increased convenience. Like all innovations emerging from a single epicenter, they affect other business model building blocks.  E.g.: 23andMe personalized DNA testing to individual
  • 20. Finance-driven  Innovations driven by new revenue streams, pricing mechanisms, or reduced Cost structures that affect other business model building blocks.  E.g.: Xerox $95 per month, with 2,000 copies, plus five cents per additional
  • 22.  Turn your pitch into a story.  Explain exactly what your product or service is.  Explain exactly what is unique about your product or service.  Explain your revenue model  Sell a vision.
  • 23. Best Of Luck & Make us Proud 