SlideShare une entreprise Scribd logo
1  sur  4
Télécharger pour lire hors ligne
RESEARCH PLAN
for PoC of the Eco stool – to understand the ‘demand of the product’
This document highlights the qualitative data from the industry, and has the research framework as
well as the ‘Blanks to be filled’ for a concrete Proof of Concept about the product discussed with
the Enactus, SSCBS team. The various kind of data that we can utilise is categorically mentioned as
individual topics in the content-list below:
Contents of the document:
1. Product offering (brief) with context report
2. MVP – prototypes with intents
3. Lead User – generation strategies
4. Target Market & Target Audience
5. Personas – to be
6. Practical potential - feasibility v/s desirability
7. Risks & Opportunities
8. Feasibility & Competition benchmarking
9. Research plan for market
m. miscellaneous blanks to be filled
1. Let us begin with clearly defining the concept of the product and the current offering!
The Eco Stool is the easiest and most flexible piece of furniture that can be practically
manufactured on a scale that supports our story of ‘Waste is the new Raw’.
Worth noting here, ‘the story’ is a crucial part of the offering; the story will end up being the
catalyst over-powering the products once the system has been successfully deployed.
CONTEXT REPORT: The context into which the product shall land is under-developed to be
considered an impactful one. Several other patterns and products are leading up-to the context of
sustainable living, though. It is also important to be understood that there is no logical ‘demand’ for
this product, as it is not understood by the target audience in the first place.
With 2020 as a new psychological milestone for many institutions, there is an emphasis on ‘change
that works’, an emphasis on selling realistic stories verifiable in existing systems and situations.
With this trend alone, it is safe to say that the second-tier innovators in the existing market are
feeling a dire need of direction and guidance from the top innovators in the chain.
The aim of deploying our systems smartly would mean streamlining the flow of knowledge into the
industry while creating first-hand buyers for these (seemingly) new products.
In terms of technology and methods, there is clearly no existing scene either.
Compliances and the political will around this has to be accessed and supported when they start to
show themselves.
2. MVP – prototypes with intents
With over 12 months of continuous exploration in the area of cardboard furniture, we have
developed and tested varieties of spatial forms and arrangements to arrive at an optimised concept.
This implies the advantage and kick start over the entrants in the market who will follow us later.
The plan is to have several throwaway prototypes for the research activities scheduled with Enactus.
Kindly access the research plan to convey the requirement of these prototypes in our next
communication.
3. Lead User
Our lead user could be from any sphere of life, but most probably residing in an urban location,
with influential colleagues and a decent exposure to real-time internet.
4. Target Market (the larger sphere) & Target Audience (the specific spheres)
Target market should include anybody who needs furniture with little worry of it’s longevity, or
anybody who simply needs a large number of furniture. A cardboard-subscription model directly
translates into retentive service to this consumer of bulk-furniture.
An explicit chart of all potential spaces will be the result of a future brainstorming
5. Personas – to be
bioQ has an in-house version of 6 personas for this product, in particular.
It should be logically helpful to our case if Enactus identifies 6 personas from their understanding of
the market post this report, and then those personas are tallied to eventually fuse the two versions
into 6 fresh personas (We’ll carry out this fusing exercise at bioQ labs itself) to have an explicit
need assessment in our data for future planning and reference through this project.
6. Practical potential - feasibility v/s desirability
This is an article we’ll arrive at after some original research. Will share the strategy to quantify this soon.
7. Risks & Opportunities
Can be accessed and proven with numbers from the web, and then supported with original research data later.
Please prepare a separate document focusing on this.
8. Feasibility & Competition benchmarking w.r.t. the following factors:
- Financial:
- Technical feasibility:
- Schedule and timing
- Market feasibility
- Regulations & Standards
- Operational
- Distribution/Deliverability
9. Researchplan
9a. A/B Testing: We need a modified version of the traditional practice of A/B testing to have
lucrative data. Instead of giving two products to test extensively and reviewing features of those,
our version of the exercise shall involve several A v/s B scenarios left to be imagined one under the
other – they’ll follow the pattern of a traditional but harmful product against a less accustomed-to,
but sustainable products. Products from all streams of life can be included here. The motive is to
portray the acceptance of furniture over other areas by placing the ease of adopting eco-furniture
with the difficulty of adopting other eco-products. Some tailoring might be needed, but this shall
produce results worth presenting to several stakeholders. Could be performed online also. [qtv.]
9b. Online petitions: can be run for this initial period of internal planning on platforms like
change.org [qtv.]
9c. Decision mapping/ Emotion mapping of someone who represents one of our personas. [qlv]
9d. Focus groups : Since the spread of the Coronavirus, activities like Focus groups have become
pointless to arrange. Although, I do feel that we can replicate the environment online in the form of
a webinars or something like it. Focus group interactions shall help us gather real statements from
real people, and subjective data about why the acceptance of this product or the lack thereof.
[qlv/qtv]
9e. Ladder interviews, in the case of our product, could help us refine our story, but won’t help the
product or the marketing. [qlv]
9f. Target market research: Niche, Fandom, Lifestyle brand, maker culture, subcultures, price-
sensitive, etc [qlv]
9g. Test marketing and promotion – testing of basic related marketing concepts [qlv]
9h. Online polls in different regions [qtv/qlv]
9i. We can post questionnaires online along with credits that testers can use when the product gets
launched, affecting their opinions on the acceptance of the product, and can then use those numbers.
[qtv]
I have deliberately kept away from including service design research tools in this itinerary, as it
mostly caters to qualitative assessment anyway. Kindly go through this directory at
https://servicedesigntools.org/tools and add here whichever of those you find helpful or even just
intriguing.
m. Competitive Positioning – fill in the blanks or rate the following:
After research, and by comparing ratings of outsiders, the following factors can be accessed to
avoid under-positioning or over-positioning:
PRICE
DECOR
QUALITY
CUSTOMER SERVICE
PERFORMANCE
HEALTH
CONVENIENCE
COMFORT
FUNCTIONS
IDENTITY
EFFICIENCY
USABILITY
CUSTOMISATION
p.s.: Let us have a common document online, where we can add web-resources for this research
phase of the project?
Thank you for attending to this long document of vision.
This document stands for revision, first of which could be discussed in our next meeting.
Feel free to express your teams’ discomfort with any of the research tools aforementioned.
Looking forward to mutual empowerment!
Greetings!
From bioQ labs

Contenu connexe

Similaire à Research plan for sustainable furniture development

mrkt354lecture4i-140209143215-phpapp02.pptx
mrkt354lecture4i-140209143215-phpapp02.pptxmrkt354lecture4i-140209143215-phpapp02.pptx
mrkt354lecture4i-140209143215-phpapp02.pptx
NeelamSheoliha2
 
Management Consulting - Strategy Management
Management Consulting - Strategy ManagementManagement Consulting - Strategy Management
Management Consulting - Strategy Management
Hocein
 
CGAP and Grameen Foundation AppLab: Customer Segmentation
CGAP and Grameen Foundation AppLab: Customer SegmentationCGAP and Grameen Foundation AppLab: Customer Segmentation
CGAP and Grameen Foundation AppLab: Customer Segmentation
CGAP
 
Feasibility study
Feasibility studyFeasibility study
Feasibility study
erinneza
 
Specifier Insights 2014 - Exec Summary
Specifier Insights 2014 - Exec SummarySpecifier Insights 2014 - Exec Summary
Specifier Insights 2014 - Exec Summary
ebossnow
 

Similaire à Research plan for sustainable furniture development (20)

New Product Development by Dr. Ranjan Kantha
New Product Development by Dr. Ranjan KanthaNew Product Development by Dr. Ranjan Kantha
New Product Development by Dr. Ranjan Kantha
 
Whitepaper: Integrating market research into the Agile Sprint Cycle
Whitepaper: Integrating market research into the Agile Sprint CycleWhitepaper: Integrating market research into the Agile Sprint Cycle
Whitepaper: Integrating market research into the Agile Sprint Cycle
 
Organizational Strategy Final Project
Organizational Strategy Final ProjectOrganizational Strategy Final Project
Organizational Strategy Final Project
 
NEW PRODUCT DEVELOPMENT
NEW PRODUCT DEVELOPMENTNEW PRODUCT DEVELOPMENT
NEW PRODUCT DEVELOPMENT
 
Mapping Content to the Customer Journey: 5 Keys to Success with Kevin Nichols
Mapping Content to the Customer Journey: 5 Keys to Success with Kevin Nichols Mapping Content to the Customer Journey: 5 Keys to Success with Kevin Nichols
Mapping Content to the Customer Journey: 5 Keys to Success with Kevin Nichols
 
Product Development - Founder Institute
Product Development - Founder InstituteProduct Development - Founder Institute
Product Development - Founder Institute
 
3rd unit
3rd unit3rd unit
3rd unit
 
Isobar - Product & Ventures - Finding Product/Market Fit
Isobar - Product & Ventures - Finding Product/Market FitIsobar - Product & Ventures - Finding Product/Market Fit
Isobar - Product & Ventures - Finding Product/Market Fit
 
[Case Study] Launching Innocent + Developing a new product for the teeth whit...
[Case Study] Launching Innocent + Developing a new product for the teeth whit...[Case Study] Launching Innocent + Developing a new product for the teeth whit...
[Case Study] Launching Innocent + Developing a new product for the teeth whit...
 
B2 b marketing part 2 prof abha wankhede
B2 b marketing part 2 prof abha wankhedeB2 b marketing part 2 prof abha wankhede
B2 b marketing part 2 prof abha wankhede
 
Monetization Strategies
Monetization StrategiesMonetization Strategies
Monetization Strategies
 
mrkt354lecture4i-140209143215-phpapp02.pptx
mrkt354lecture4i-140209143215-phpapp02.pptxmrkt354lecture4i-140209143215-phpapp02.pptx
mrkt354lecture4i-140209143215-phpapp02.pptx
 
Designing channels of distribution case
Designing channels of distribution caseDesigning channels of distribution case
Designing channels of distribution case
 
Management Consulting - Strategy Management
Management Consulting - Strategy ManagementManagement Consulting - Strategy Management
Management Consulting - Strategy Management
 
Fuzzy Front End Presentation For Hfi Contextual Innovation Team
Fuzzy Front End Presentation For Hfi Contextual Innovation TeamFuzzy Front End Presentation For Hfi Contextual Innovation Team
Fuzzy Front End Presentation For Hfi Contextual Innovation Team
 
CGAP and Grameen Foundation AppLab: Customer Segmentation
CGAP and Grameen Foundation AppLab: Customer SegmentationCGAP and Grameen Foundation AppLab: Customer Segmentation
CGAP and Grameen Foundation AppLab: Customer Segmentation
 
Creating a Product Roadmap - Product Strategy Series
Creating a Product Roadmap - Product Strategy SeriesCreating a Product Roadmap - Product Strategy Series
Creating a Product Roadmap - Product Strategy Series
 
FinalPhasesIp
FinalPhasesIpFinalPhasesIp
FinalPhasesIp
 
Feasibility study
Feasibility studyFeasibility study
Feasibility study
 
Specifier Insights 2014 - Exec Summary
Specifier Insights 2014 - Exec SummarySpecifier Insights 2014 - Exec Summary
Specifier Insights 2014 - Exec Summary
 

Plus de Apoorv Gupta (12)

Redbull wingfinder report
Redbull wingfinder reportRedbull wingfinder report
Redbull wingfinder report
 
Portfolio of work
Portfolio of workPortfolio of work
Portfolio of work
 
2x2portfolioalternative
2x2portfolioalternative2x2portfolioalternative
2x2portfolioalternative
 
Logo folio
Logo folioLogo folio
Logo folio
 
Research plan for Medha
Research plan for MedhaResearch plan for Medha
Research plan for Medha
 
Internship report
Internship reportInternship report
Internship report
 
Engineering Design project report
Engineering Design project reportEngineering Design project report
Engineering Design project report
 
Sponsors proposal
Sponsors proposalSponsors proposal
Sponsors proposal
 
Mask holder- product development plan layout
Mask holder- product development plan layoutMask holder- product development plan layout
Mask holder- product development plan layout
 
Product plan for sustainable furniture
Product plan for sustainable furnitureProduct plan for sustainable furniture
Product plan for sustainable furniture
 
Complexity in product design
Complexity in product designComplexity in product design
Complexity in product design
 
Drivers in design: a study with curated photos
Drivers in design: a study with curated photosDrivers in design: a study with curated photos
Drivers in design: a study with curated photos
 

Dernier

RT Nagar Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bang...
RT Nagar Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bang...RT Nagar Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bang...
RT Nagar Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bang...
amitlee9823
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
amitlee9823
 
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
nirzagarg
 
Abortion Pills in Oman (+918133066128) Cytotec clinic buy Oman Muscat
Abortion Pills in Oman (+918133066128) Cytotec clinic buy Oman MuscatAbortion Pills in Oman (+918133066128) Cytotec clinic buy Oman Muscat
Abortion Pills in Oman (+918133066128) Cytotec clinic buy Oman Muscat
Abortion pills in Kuwait Cytotec pills in Kuwait
 
一比一定(购)卡尔顿大学毕业证(CU毕业证)成绩单学位证
一比一定(购)卡尔顿大学毕业证(CU毕业证)成绩单学位证一比一定(购)卡尔顿大学毕业证(CU毕业证)成绩单学位证
一比一定(购)卡尔顿大学毕业证(CU毕业证)成绩单学位证
wpkuukw
 
Vip Mumbai Call Girls Bandra West Call On 9920725232 With Body to body massag...
Vip Mumbai Call Girls Bandra West Call On 9920725232 With Body to body massag...Vip Mumbai Call Girls Bandra West Call On 9920725232 With Body to body massag...
Vip Mumbai Call Girls Bandra West Call On 9920725232 With Body to body massag...
amitlee9823
 
怎样办理伯明翰大学学院毕业证(Birmingham毕业证书)成绩单留信认证
怎样办理伯明翰大学学院毕业证(Birmingham毕业证书)成绩单留信认证怎样办理伯明翰大学学院毕业证(Birmingham毕业证书)成绩单留信认证
怎样办理伯明翰大学学院毕业证(Birmingham毕业证书)成绩单留信认证
eeanqy
 
Verified Trusted Call Girls Adugodi💘 9352852248 Good Looking standard Profil...
Verified Trusted Call Girls Adugodi💘 9352852248  Good Looking standard Profil...Verified Trusted Call Girls Adugodi💘 9352852248  Good Looking standard Profil...
Verified Trusted Call Girls Adugodi💘 9352852248 Good Looking standard Profil...
kumaririma588
 
call girls in Dakshinpuri (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Dakshinpuri  (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️call girls in Dakshinpuri  (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Dakshinpuri (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 

Dernier (20)

Sector 104, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 104, Noida Call girls :8448380779 Model Escorts | 100% verifiedSector 104, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 104, Noida Call girls :8448380779 Model Escorts | 100% verified
 
RT Nagar Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bang...
RT Nagar Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bang...RT Nagar Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bang...
RT Nagar Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bang...
 
Booking open Available Pune Call Girls Nanded City 6297143586 Call Hot India...
Booking open Available Pune Call Girls Nanded City  6297143586 Call Hot India...Booking open Available Pune Call Girls Nanded City  6297143586 Call Hot India...
Booking open Available Pune Call Girls Nanded City 6297143586 Call Hot India...
 
💫✅jodhpur 24×7 BEST GENUINE PERSON LOW PRICE CALL GIRL SERVICE FULL SATISFACT...
💫✅jodhpur 24×7 BEST GENUINE PERSON LOW PRICE CALL GIRL SERVICE FULL SATISFACT...💫✅jodhpur 24×7 BEST GENUINE PERSON LOW PRICE CALL GIRL SERVICE FULL SATISFACT...
💫✅jodhpur 24×7 BEST GENUINE PERSON LOW PRICE CALL GIRL SERVICE FULL SATISFACT...
 
Real service provider college girl Mira Road 8976425520
Real service provider college girl Mira Road 8976425520Real service provider college girl Mira Road 8976425520
Real service provider college girl Mira Road 8976425520
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Hire 💕 8617697112 Meerut Call Girls Service Call Girls Agency
Hire 💕 8617697112 Meerut Call Girls Service Call Girls AgencyHire 💕 8617697112 Meerut Call Girls Service Call Girls Agency
Hire 💕 8617697112 Meerut Call Girls Service Call Girls Agency
 
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
 
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
 
Top Rated Pune Call Girls Koregaon Park ⟟ 6297143586 ⟟ Call Me For Genuine S...
Top Rated  Pune Call Girls Koregaon Park ⟟ 6297143586 ⟟ Call Me For Genuine S...Top Rated  Pune Call Girls Koregaon Park ⟟ 6297143586 ⟟ Call Me For Genuine S...
Top Rated Pune Call Girls Koregaon Park ⟟ 6297143586 ⟟ Call Me For Genuine S...
 
Abortion Pills in Oman (+918133066128) Cytotec clinic buy Oman Muscat
Abortion Pills in Oman (+918133066128) Cytotec clinic buy Oman MuscatAbortion Pills in Oman (+918133066128) Cytotec clinic buy Oman Muscat
Abortion Pills in Oman (+918133066128) Cytotec clinic buy Oman Muscat
 
Booking open Available Pune Call Girls Kirkatwadi 6297143586 Call Hot Indian...
Booking open Available Pune Call Girls Kirkatwadi  6297143586 Call Hot Indian...Booking open Available Pune Call Girls Kirkatwadi  6297143586 Call Hot Indian...
Booking open Available Pune Call Girls Kirkatwadi 6297143586 Call Hot Indian...
 
Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Hy...
Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Hy...Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Hy...
Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Hy...
 
一比一定(购)卡尔顿大学毕业证(CU毕业证)成绩单学位证
一比一定(购)卡尔顿大学毕业证(CU毕业证)成绩单学位证一比一定(购)卡尔顿大学毕业证(CU毕业证)成绩单学位证
一比一定(购)卡尔顿大学毕业证(CU毕业证)成绩单学位证
 
call girls in Vaishali (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝✔️✔️
call girls in Vaishali (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝✔️✔️call girls in Vaishali (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝✔️✔️
call girls in Vaishali (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝✔️✔️
 
Top Rated Pune Call Girls Saswad ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
Top Rated  Pune Call Girls Saswad ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...Top Rated  Pune Call Girls Saswad ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
Top Rated Pune Call Girls Saswad ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
 
Vip Mumbai Call Girls Bandra West Call On 9920725232 With Body to body massag...
Vip Mumbai Call Girls Bandra West Call On 9920725232 With Body to body massag...Vip Mumbai Call Girls Bandra West Call On 9920725232 With Body to body massag...
Vip Mumbai Call Girls Bandra West Call On 9920725232 With Body to body massag...
 
怎样办理伯明翰大学学院毕业证(Birmingham毕业证书)成绩单留信认证
怎样办理伯明翰大学学院毕业证(Birmingham毕业证书)成绩单留信认证怎样办理伯明翰大学学院毕业证(Birmingham毕业证书)成绩单留信认证
怎样办理伯明翰大学学院毕业证(Birmingham毕业证书)成绩单留信认证
 
Verified Trusted Call Girls Adugodi💘 9352852248 Good Looking standard Profil...
Verified Trusted Call Girls Adugodi💘 9352852248  Good Looking standard Profil...Verified Trusted Call Girls Adugodi💘 9352852248  Good Looking standard Profil...
Verified Trusted Call Girls Adugodi💘 9352852248 Good Looking standard Profil...
 
call girls in Dakshinpuri (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Dakshinpuri  (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️call girls in Dakshinpuri  (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Dakshinpuri (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
 

Research plan for sustainable furniture development

  • 1. RESEARCH PLAN for PoC of the Eco stool – to understand the ‘demand of the product’ This document highlights the qualitative data from the industry, and has the research framework as well as the ‘Blanks to be filled’ for a concrete Proof of Concept about the product discussed with the Enactus, SSCBS team. The various kind of data that we can utilise is categorically mentioned as individual topics in the content-list below: Contents of the document: 1. Product offering (brief) with context report 2. MVP – prototypes with intents 3. Lead User – generation strategies 4. Target Market & Target Audience 5. Personas – to be 6. Practical potential - feasibility v/s desirability 7. Risks & Opportunities 8. Feasibility & Competition benchmarking 9. Research plan for market m. miscellaneous blanks to be filled 1. Let us begin with clearly defining the concept of the product and the current offering! The Eco Stool is the easiest and most flexible piece of furniture that can be practically manufactured on a scale that supports our story of ‘Waste is the new Raw’. Worth noting here, ‘the story’ is a crucial part of the offering; the story will end up being the catalyst over-powering the products once the system has been successfully deployed. CONTEXT REPORT: The context into which the product shall land is under-developed to be considered an impactful one. Several other patterns and products are leading up-to the context of sustainable living, though. It is also important to be understood that there is no logical ‘demand’ for this product, as it is not understood by the target audience in the first place. With 2020 as a new psychological milestone for many institutions, there is an emphasis on ‘change that works’, an emphasis on selling realistic stories verifiable in existing systems and situations. With this trend alone, it is safe to say that the second-tier innovators in the existing market are feeling a dire need of direction and guidance from the top innovators in the chain. The aim of deploying our systems smartly would mean streamlining the flow of knowledge into the industry while creating first-hand buyers for these (seemingly) new products. In terms of technology and methods, there is clearly no existing scene either. Compliances and the political will around this has to be accessed and supported when they start to show themselves.
  • 2. 2. MVP – prototypes with intents With over 12 months of continuous exploration in the area of cardboard furniture, we have developed and tested varieties of spatial forms and arrangements to arrive at an optimised concept. This implies the advantage and kick start over the entrants in the market who will follow us later. The plan is to have several throwaway prototypes for the research activities scheduled with Enactus. Kindly access the research plan to convey the requirement of these prototypes in our next communication. 3. Lead User Our lead user could be from any sphere of life, but most probably residing in an urban location, with influential colleagues and a decent exposure to real-time internet. 4. Target Market (the larger sphere) & Target Audience (the specific spheres) Target market should include anybody who needs furniture with little worry of it’s longevity, or anybody who simply needs a large number of furniture. A cardboard-subscription model directly translates into retentive service to this consumer of bulk-furniture. An explicit chart of all potential spaces will be the result of a future brainstorming 5. Personas – to be bioQ has an in-house version of 6 personas for this product, in particular. It should be logically helpful to our case if Enactus identifies 6 personas from their understanding of the market post this report, and then those personas are tallied to eventually fuse the two versions into 6 fresh personas (We’ll carry out this fusing exercise at bioQ labs itself) to have an explicit need assessment in our data for future planning and reference through this project. 6. Practical potential - feasibility v/s desirability This is an article we’ll arrive at after some original research. Will share the strategy to quantify this soon. 7. Risks & Opportunities Can be accessed and proven with numbers from the web, and then supported with original research data later. Please prepare a separate document focusing on this. 8. Feasibility & Competition benchmarking w.r.t. the following factors: - Financial: - Technical feasibility: - Schedule and timing - Market feasibility - Regulations & Standards - Operational - Distribution/Deliverability
  • 3. 9. Researchplan 9a. A/B Testing: We need a modified version of the traditional practice of A/B testing to have lucrative data. Instead of giving two products to test extensively and reviewing features of those, our version of the exercise shall involve several A v/s B scenarios left to be imagined one under the other – they’ll follow the pattern of a traditional but harmful product against a less accustomed-to, but sustainable products. Products from all streams of life can be included here. The motive is to portray the acceptance of furniture over other areas by placing the ease of adopting eco-furniture with the difficulty of adopting other eco-products. Some tailoring might be needed, but this shall produce results worth presenting to several stakeholders. Could be performed online also. [qtv.] 9b. Online petitions: can be run for this initial period of internal planning on platforms like change.org [qtv.] 9c. Decision mapping/ Emotion mapping of someone who represents one of our personas. [qlv] 9d. Focus groups : Since the spread of the Coronavirus, activities like Focus groups have become pointless to arrange. Although, I do feel that we can replicate the environment online in the form of a webinars or something like it. Focus group interactions shall help us gather real statements from real people, and subjective data about why the acceptance of this product or the lack thereof. [qlv/qtv] 9e. Ladder interviews, in the case of our product, could help us refine our story, but won’t help the product or the marketing. [qlv] 9f. Target market research: Niche, Fandom, Lifestyle brand, maker culture, subcultures, price- sensitive, etc [qlv] 9g. Test marketing and promotion – testing of basic related marketing concepts [qlv] 9h. Online polls in different regions [qtv/qlv] 9i. We can post questionnaires online along with credits that testers can use when the product gets launched, affecting their opinions on the acceptance of the product, and can then use those numbers. [qtv] I have deliberately kept away from including service design research tools in this itinerary, as it mostly caters to qualitative assessment anyway. Kindly go through this directory at https://servicedesigntools.org/tools and add here whichever of those you find helpful or even just intriguing.
  • 4. m. Competitive Positioning – fill in the blanks or rate the following: After research, and by comparing ratings of outsiders, the following factors can be accessed to avoid under-positioning or over-positioning: PRICE DECOR QUALITY CUSTOMER SERVICE PERFORMANCE HEALTH CONVENIENCE COMFORT FUNCTIONS IDENTITY EFFICIENCY USABILITY CUSTOMISATION p.s.: Let us have a common document online, where we can add web-resources for this research phase of the project? Thank you for attending to this long document of vision. This document stands for revision, first of which could be discussed in our next meeting. Feel free to express your teams’ discomfort with any of the research tools aforementioned. Looking forward to mutual empowerment! Greetings! From bioQ labs