Jamie video 3

BP
by Beatrice Pivirotto6 views·Updated Nov 20, 2020

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  1. research project by talking to coffee shop goers and owners
  2. to understand their problems.
  3. Our initial hypothesis regarding these problems were one premium coffee.
  4. Consumers want to appear cool on trend with the latest
  5. market trends and have unique and premium experiences to consumers
  6. are looking for healthier alternatives for themselves and for the
  7. kids on three premium drink.
  8. Consumers are becoming increasingly concerned about sustainability consumers of nitro
  9. infused drinks, which to eliminate the costs and waste associated
  10. with single use gas cartridges.
  11. Here we found part validation for hypothesis, one which confirmed
  12. unique and premium experiences were important regarding hypothesis to responders
  13. were avoiding and healthy soft drinks because of high sugar
  14. levels, making them feel and healthy.
  15. Finally, we found the hypothesis three was validated in the
  16. fact that consumers cared about sustainability, but only to the
  17. point of recycling waste as opposed to eliminating waste.
  18. Having completed our problem research, we found unhealthy soft drinks
  19. is the core problem we're solving on.
  20. Therefore, our project pivoted in this direction.
  21. In the next stage of our research journey, we looked
  22. into the problem solution fit on our hypothesis for this
  23. section were one ability to infuse drinks with nitrogen provides
  24. a luxury experience and two by offering unlimited use of
  25. nitro drinks, consumers are able to get more out of
  26. their natural press by using it on healthy alternatives to
  27. carbonated drinks.
  28. Here we found Hypothesis one was supported as natural infusion
  29. added a unique premium experience unless appears to satisfied problem
  30. hypothesis. One Hypothesis two which introduced the cartridge.
  31. A solution was not supported because respondents first required the
  32. convenience of easy to prepare drinks before needing and limited
  33. use. This is where we made our second pivot on
  34. found that in order to solve the health problem of
  35. soft drinks, the solution would require to include a range
  36. of health concentrates that provided immune support, energy or feel
  37. good fact.
  38. Finally, the team research into the product market fit toe.
  39. Understand the customer segments to target hypothesis for this section
  40. were as follows.
  41. One typically aged 25 to 45 who care about quality
  42. coffee and sophisticated related Galateri to people who are concerned
  43. about health, drinks and environmental impact are willing to paying
  44. more here.
  45. Both hypothesis were validated.
  46. However, we understand that health is the main ways of
  47. not perching soft drink we discovered the coffee drinkers are
  48. a natural fit to address the health problem with soft
  49. drinks at home because they're typically limiting their use of
  50. unhealthy soft drinks.
  51. On Have a coffee machine at home, making them more
  52. likely to purchase and nitro drink suspensive for home use.
  53. This brought about our final pivot.
  54. We Hatfields London should move from a small coffee niche
  55. to a broader coffee consumer and focus on those of
  56. whom are particularly health conscious and seeking health benefits through
  57. vitamins and minerals.
  58. To summarize whilst initially we encounter challenges, the team were
  59. able to interview several influence business owners who were representative
  60. of a large number of our target niche.
  61. And therefore we can conclude our product market research with
  62. the following points.
  63. One. Our customer problem we're solving is that soft drinks
  64. are two and healthy and do not make people feel
  65. good, too are validated.
  66. Solution is a premium.
  67. Health NYT refused drink range have added vitamins and minerals
  68. to make people feel good and support a healthy lifestyle.
  69. Three. The market for this solution are health conscious professionals
  70. who are looking for luxury, and they're likely to have
  71. already have a coffee machine at home.
  72. To understand this market further, we conducted competitive a market