Acquisition project on Uber edited...
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Acquisition project on Uber edited...

Understand the user

(Go and speak to different users of the product and the people in the chain: households buying the product, shopkeepers selling the product, churned users, and users using competitor's products. In the case of B2B products identify the decision makers, the influencer, the blocker, and the end-user)

edited

by me

Understanding your ICP

(There are separate tables for both B2C and B2B products, put down your your ICPโ€™s in a Table Format, use this as a reference.
This table makes it super clear for anyone to understand who your users are and what differentiates them)


B2C Table

Criteria

User 1

User 2

Name



Age


โ€‹

Demographics



(refer the table below)


โ€‹

Need



Pain Point

โ€‹


Solution



Behaviour



(refer the table below)



Perceived Value of Brand



Marketing Pitch



Goals

โ€‹


Frequency of use case



Average Spend on the product

โ€‹

โ€‹

Value Accessibility to product


โ€‹

Value Experience of the product


โ€‹

Note: This is not an exhaustive list, you know your product better, add/remove as per the context!


โ€‹

B2B Table:

Criteria

ICP1

ICP2

Name

โ€‹


Company Size

โ€‹


Location

โ€‹


Funding Raised

โ€‹


Industry Domain



Stage of the company



Organization Structure



Decision Maker



Decision Blocker



Frequency of use case



Products used



in workplace



Organisational



Goals



Preferred Outreach Channels



Conversion Time



GMV



Growth of company



Motivation



Organization Influence


โ€‹

Tools Utilized in workspace



Decision Time


โ€‹

Note: This is not an exhaustive list, you know your product better, add/remove as per the context!โ€‹



โ€‹

We have multiple users of a product and not all of them can be our ICP for whom we make our strategies, we need to prioritize.
(use this ICP prioritization table)

Criteria

ICP 1

ICP 2

Adoption Curve

High

High

Appetite to Pay

Low

High

Frequency of Use Case

Medium

Low

Distribution Potential

High

High

TAM

โ€‹













Understand the product

(Before you begin, you need to know what your product is, what are its features, what is the problem being solved by your product?)โ€‹

โ€‹Understanding Core Value Proposition

(Build your core value proposition by exact what your product does and what problem are you solving)


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Detailing Organic Research

Organic Channel

(Understand the existing organic channel strategy for your product and highlight the success and failure thereon.
Provide your suggestions and devise new strategies.)
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Step 1 โ†’ Conduct keyword research on Google, Amazon, Youtube, Quora etc.
Step 2 โ†’ Collate all your insights from all your searches.

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