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„HOW TO – CUSTOMER
                     DEVELOPEMENT“
              Summary of our experiences - Lean Startup Machine –
                            Munich, January 2013




DieProduktMacher GmbH
Agenda

1. Introduction Customer Developement
2. Procedure– Field Research
3. Result– Pitch presentation
4. Our Learnings




DieProduktMacher GmbH                   2
1. Introduction Customer Developement


DieProduktMacher GmbH
Customer Developement = „Get out of the
Building“




http://leanstartupmachine.com/validationboard/img/case-studies/1/board_blank.png



DieProduktMacher GmbH                                                              4
2. Procedure – Field Research


DieProduktMacher GmbH
1. Start = Problem + Riskiest Assumption


              Collecting Panini
            sticker/ football fans

            Complete collection
            as soon as possible




                                There are
       Exchange                  enough
     preferredenougch           collectors
          Not over
         buying
            people to
               Lack of
          change with
              Overview
                      …


http://leanstartupmachine.com/validationboard/img/case-studies/1/board_blank.png



DieProduktMacher GmbH                                                              6
2. Get out of the building – where is the
target group?


                        VS.




  Interviewing Football fans on Christmas Market

   Result:
   Most of them collect Panini sticker!!!
DieProduktMacher GmbH                               7
3. Validation = Next Assumption


              Collecting Panini
            sticker/ football fans

            Complete collection
            as soon as possible




                               Exchange
                             preferred over                         There are
     Not enough
                                 buying                              enough
      people to
                                                                    collectors
          Lack of
     change with
          overvew
                 …




http://leanstartupmachine.com/validationboard/img/case-studies/1/board_blank.png



DieProduktMacher GmbH                                                              8
4. Get out again!!!

• Exchange preferred over buying
    YES  Validated

• Current possibilities insufficiant? (Interviews with Persons
  who advertise on ebay,…)
    NO  Invalidated

• Not enough possibilities to exchange in a local area
    YES  Validated

 SOLUTION: App which helps to find other collectors
in your area


DieProduktMacher GmbH                                            9
5. Will User Pay for an App download?
Landingpage to analyze the conversion (paid Download)

Traffic acquisition:
- SEM (Google Ads)
- Social – Postings in Facebook groups/ Facebook Fanpage /
  Twitter Account
- Special Interest – Postings in forums




DieProduktMacher GmbH                                        10
Landingpage




DieProduktMacher GmbH   11
3. Result– Pitch presentation

DieProduktMacher GmbH
Collectr
                        Munich
                        December, 2nd 2012




DieProduktMacher GmbH
How to complete your panini
                        sticker album fast and cheap?



Collectr
App to find other Panini sticker collectors in your
area!



DieProduktMacher GmbH                                   15
Process
Experiment              1             2               4               5                6

                                                                    Football Fans, Panini
Customer            Football Fans, Panini sticker collectors
                                                                   sticker collectors, local
                    Enough                                          Local
                                 Exchange         Current
Riskiest            people                                       possibilities    Will User
                                 more fun        solutions
Assumption           who                                         to swap are       pay?
                                then buying     insufficient
                    collect                                        prefered
                                                                   6 von 6
                   13 out of      one of all     User happy                        11,8%
                                                                  Hardcore
                   23 asked      interviewd     with current                     Conversion
Result                                                            collector
                   football        buys all     solutions e.g.                   0,99 € per
                                                                 prefer local
                     fans          sticker        ebay, FB                       Download
                                                                 possibility
                                Collecting is                                      Seasonal,
                                                                   Mobile
                   There is a     affair of       Different                      business, but
Learned                                                           solution/
                    market      honour, but        Focus                          willingness
                                                                   Stuffle
                                 not easy                                           prooved
                                   Online        Customer
                  „Exchange                                      Payment per       Further
Decision                         „Exchange      Need Pivot -
                   Network“                                       Download         testing
                                  Network“      mobile App
DieProduktMacher GmbH                                                                      16
Here is the money…
Market developement                          User Feedback
                  80
                  60
                  40
                  20
                    0
                        WM      EM     EM
                                      WM
                        2006   2008   2010

 Potentional Downloads:

144 visitors
17 downloads
11,8% conversion rate
DieProduktMacher GmbH                                        17
Collectr – surely a success!
• WM 2014: 60 Mio. revenue with Panini sticker
  – only Germany!
• 850.000 App – Downloads anticipated in
  the first year
• Also international rollout possible




DieProduktMacher GmbH                            18
Summary
• 1 Weekend – 48 hours / 5 people

• About 60 interviews with target group

• Landingpage, Facebook page, Twitter account, started online
  marketing campaigns

• Potential Investor

• Market analysis & pitch presentation

• Great time, great learnings, awesome experience!
DieProduktMacher GmbH                                      19
4. Our Learnings


DieProduktMacher GmbH
Don´t think too much, don´t define too
long…. Get out! A fast user feedback pays off!
DieProduktMacher GmbH                       21
Be creative finding your target group – there
are different ways to find your user!
DieProduktMacher GmbH                       22
Have the heart to go out – also when you
don´t have the perfect solution!
DieProduktMacher GmbH                      23
TEST THE RISKIEST ASSUMPTION FIRST
– be honest to yourself and willing to dismiss
your idea if need be
DieProduktMacher GmbH                       24
Contact
DieProduktMacher GmbH
Fabian Dill, CEO

Kontakt@DieProduktMacher.com
www.DieProduktMacher.com

Follow us:
    @ProduktMacher

     Die Produktmacher GmbH




DieProduktMacher GmbH          25

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Customer Developement DieProduktMacher GmbH

  • 1. „HOW TO – CUSTOMER DEVELOPEMENT“ Summary of our experiences - Lean Startup Machine – Munich, January 2013 DieProduktMacher GmbH
  • 2. Agenda 1. Introduction Customer Developement 2. Procedure– Field Research 3. Result– Pitch presentation 4. Our Learnings DieProduktMacher GmbH 2
  • 3. 1. Introduction Customer Developement DieProduktMacher GmbH
  • 4. Customer Developement = „Get out of the Building“ http://leanstartupmachine.com/validationboard/img/case-studies/1/board_blank.png DieProduktMacher GmbH 4
  • 5. 2. Procedure – Field Research DieProduktMacher GmbH
  • 6. 1. Start = Problem + Riskiest Assumption Collecting Panini sticker/ football fans Complete collection as soon as possible There are Exchange enough preferredenougch collectors Not over buying people to Lack of change with Overview … http://leanstartupmachine.com/validationboard/img/case-studies/1/board_blank.png DieProduktMacher GmbH 6
  • 7. 2. Get out of the building – where is the target group? VS.  Interviewing Football fans on Christmas Market Result: Most of them collect Panini sticker!!! DieProduktMacher GmbH 7
  • 8. 3. Validation = Next Assumption Collecting Panini sticker/ football fans Complete collection as soon as possible Exchange preferred over There are Not enough buying enough people to collectors Lack of change with overvew … http://leanstartupmachine.com/validationboard/img/case-studies/1/board_blank.png DieProduktMacher GmbH 8
  • 9. 4. Get out again!!! • Exchange preferred over buying  YES  Validated • Current possibilities insufficiant? (Interviews with Persons who advertise on ebay,…)  NO  Invalidated • Not enough possibilities to exchange in a local area  YES  Validated  SOLUTION: App which helps to find other collectors in your area DieProduktMacher GmbH 9
  • 10. 5. Will User Pay for an App download? Landingpage to analyze the conversion (paid Download) Traffic acquisition: - SEM (Google Ads) - Social – Postings in Facebook groups/ Facebook Fanpage / Twitter Account - Special Interest – Postings in forums DieProduktMacher GmbH 10
  • 12. 3. Result– Pitch presentation DieProduktMacher GmbH
  • 13. Collectr Munich December, 2nd 2012 DieProduktMacher GmbH
  • 14. How to complete your panini sticker album fast and cheap? Collectr App to find other Panini sticker collectors in your area! DieProduktMacher GmbH 15
  • 15. Process Experiment 1 2 4 5 6 Football Fans, Panini Customer Football Fans, Panini sticker collectors sticker collectors, local Enough Local Exchange Current Riskiest people possibilities Will User more fun solutions Assumption who to swap are pay? then buying insufficient collect prefered 6 von 6 13 out of one of all User happy 11,8% Hardcore 23 asked interviewd with current Conversion Result collector football buys all solutions e.g. 0,99 € per prefer local fans sticker ebay, FB Download possibility Collecting is Seasonal, Mobile There is a affair of Different business, but Learned solution/ market honour, but Focus willingness Stuffle not easy prooved Online Customer „Exchange Payment per Further Decision „Exchange Need Pivot - Network“ Download testing Network“ mobile App DieProduktMacher GmbH 16
  • 16. Here is the money… Market developement User Feedback 80 60 40 20 0 WM EM EM WM 2006 2008 2010 Potentional Downloads: 144 visitors 17 downloads 11,8% conversion rate DieProduktMacher GmbH 17
  • 17. Collectr – surely a success! • WM 2014: 60 Mio. revenue with Panini sticker – only Germany! • 850.000 App – Downloads anticipated in the first year • Also international rollout possible DieProduktMacher GmbH 18
  • 18. Summary • 1 Weekend – 48 hours / 5 people • About 60 interviews with target group • Landingpage, Facebook page, Twitter account, started online marketing campaigns • Potential Investor • Market analysis & pitch presentation • Great time, great learnings, awesome experience! DieProduktMacher GmbH 19
  • 20. Don´t think too much, don´t define too long…. Get out! A fast user feedback pays off! DieProduktMacher GmbH 21
  • 21. Be creative finding your target group – there are different ways to find your user! DieProduktMacher GmbH 22
  • 22. Have the heart to go out – also when you don´t have the perfect solution! DieProduktMacher GmbH 23
  • 23. TEST THE RISKIEST ASSUMPTION FIRST – be honest to yourself and willing to dismiss your idea if need be DieProduktMacher GmbH 24
  • 24. Contact DieProduktMacher GmbH Fabian Dill, CEO Kontakt@DieProduktMacher.com www.DieProduktMacher.com Follow us: @ProduktMacher Die Produktmacher GmbH DieProduktMacher GmbH 25