DESCRIPTION
Organizations looking to launch new product or service can do it effectively through a framework for Organic Growth founded on a superior Customer Value Proposition. This approach can be a game-changer.
Critical insights regarding consumer needs are more easily obtainable by using a systematic approach to launching a product or service offering. This presentation deliberates on 3 key practices that constitute such a methodical approach to developing successful Customer Value Propositions.
1. Market-backed Analysis
2. Darwinian Competitive Review
3. Capabilities-Forward Assessment
These practices are thought initiators that provide the beginnings with which ideas can be formulated. They are also valuable idea filters for safeguarding success of the Value Proposition.
The slide deck also includes some slide templates for you to use in your own business presentations.
This PPT provides a deep dive into the Market-backed Analysis, which is crucial for understanding consumer behavior and preferences. By focusing on the trade-offs consumers make, this analysis helps in identifying the key motivators behind purchasing decisions. It also emphasizes the importance of joining survey data with actual behavior to gain a comprehensive view of the market landscape.
The Darwinian Competitive Review is another critical pillar outlined in this presentation. This approach ensures that new ideas are benchmarked against proven value propositions, mitigating the risk of failure. It highlights that even innovative concepts must have some form of demonstrated success to be viable. This method serves as a filter, ensuring only the most robust ideas move forward.
Capabilities-Forward Assessment is the third pillar, focusing on aligning organizational capabilities with the proposed value proposition. This section underscores the importance of possessing distinctive capabilities that differentiate a company from its competitors. It provides examples of how companies like Amazon and Honda have leveraged their unique strengths to capture market share. This pillar is essential for ensuring that the value proposition is not only compelling, but also executable.
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Source: Best Practices in Value Proposition, Distinctive Capabilities, Product Strategy, Customer Segmentation PowerPoint Slides: 3 Pillars of Product Launch Strategy PowerPoint (PPTX) Presentation, LearnPPT Consulting
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