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Business Model Canvas 2.0
Lean Entrepreneurship Project - Team3
1. Hypothesis
– Customer Segment
• We believe that young people between 18 and 30 will
use our app frequently (at least once a week) to
search for food promotions nearby them
Hypothesis
• Survey to a sample of 100 young people to check
whether they would use such app frequently.Testing
• If 75% of the surveys state they would like to use the
app on a regular basis (at least once a week).Validation
Lean Entrepreneurship Project - Team3
2. Hypothesis
– Customer Segment
• We believe that business people will use our app
frequently (at least once a week) to search for food
promotions nearby them
Hypothesis
• Survey to a sample of 50 business people to check
whether they would use such app frequentlyTesting
• If 75% of the surveys state they would like to use the
app on a regular basis (at least once a week).Validation
Lean Entrepreneurship Project - Team3
3. Hypothesis
– Customer Segment
• We believe that restaurants have or are willing to have
frequent food promotions ready to be displayed in our
MyNearBite app
Hypothesis
• Interview to 20 restaurants in Lisbon to check their
disposition to upload/share food promotionsTesting
• If 70% of the restaurants interviewed show the
willingness to have those frequent promotion
uploaded
Validation
Lean Entrepreneurship Project - Team3
4. Hypothesis
– Value Proposition
• We believe that business and young people would
prefer our app if it has a complementary food delivery
system.
Hypothesis
• Survey to a sample of 150 young and business people
(100+50) to check whether they would get more value
from the app if it has a delivery system
Testing
• If 75% of the interviewees value the delivery system.Validation
Lean Entrepreneurship Project - Team3
5. Hypothesis
– Value Proposition
• We believe that young and business people find it
simpler for their purpose to navigate in our app than
in existing apps.
Hypothesis
• Survey to a sample of 150 young and business people
(100+50) to check which app they find simpler to use.
(App prototyping)
Testing
• If 75% of the surveys find our app easier/simpler to
useValidation
Lean Entrepreneurship Project - Team3
6. Hypothesis
– Value Proposition
• Restaurants value the opportunity to measure the
success of their food promotions in our app (e.g. click
rate on food offer in %)
Hypothesis
• Interview 20 restaurants to check whether they would
extract more value from the app if they had access to
success statistics
Testing
• If 70% of the restaurants interviewed show the
interest in such featureValidation
Lean Entrepreneurship Project - Team3
7. Hypothesis
– Value Proposition
• Restaurants are willing to provide price promotions in
our appHypothesis
• Interview 20 restaurants to check whether they would
be willing to have price discounts on their meals on a
weekly basis.
Testing
• If 70% of the restaurants interviewed show the
willingness to make such promotionsValidation
Lean Entrepreneurship Project - Team3
8. Hypothesis
– Key Activities
• The development of the app with all the features we
idealize is viable (both in terms of technical
development and costs)
Hypothesis
• Interview 3 IT experts to create a cost-benefit analysis
for the app.Testing
• If the 3 interviewees give us a positive feedback
regarding these two issuesValidation
Lean Entrepreneurship Project - Team3
9. Hypothesis
– Key Partners
• Mobile payment is a possible service to add
to our app.Hypothesis
• Meet with TIMWE to understand the process
and what could work for our purposes.Testing
• If they give us positive feedbackValidation
Lean Entrepreneurship Project - Team3
10. Hypothesis
– Key Partners
• We are able to integrate the rating
service of Tripadvisor in our appHypothesis
• Get in contact with Tripadvisor to
check if such system is possible.Testing
• If Tripadvisor confirms that we can
intergrate their rating systemValidation
Lean Entrepreneurship Project - Team3
Thank You!
Lean Entrepreneurship Project - Team3

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Hypothesis presentation (2)

  • 1.
  • 2. Business Model Canvas 2.0 Lean Entrepreneurship Project - Team3
  • 3. 1. Hypothesis – Customer Segment • We believe that young people between 18 and 30 will use our app frequently (at least once a week) to search for food promotions nearby them Hypothesis • Survey to a sample of 100 young people to check whether they would use such app frequently.Testing • If 75% of the surveys state they would like to use the app on a regular basis (at least once a week).Validation Lean Entrepreneurship Project - Team3
  • 4. 2. Hypothesis – Customer Segment • We believe that business people will use our app frequently (at least once a week) to search for food promotions nearby them Hypothesis • Survey to a sample of 50 business people to check whether they would use such app frequentlyTesting • If 75% of the surveys state they would like to use the app on a regular basis (at least once a week).Validation Lean Entrepreneurship Project - Team3
  • 5. 3. Hypothesis – Customer Segment • We believe that restaurants have or are willing to have frequent food promotions ready to be displayed in our MyNearBite app Hypothesis • Interview to 20 restaurants in Lisbon to check their disposition to upload/share food promotionsTesting • If 70% of the restaurants interviewed show the willingness to have those frequent promotion uploaded Validation Lean Entrepreneurship Project - Team3
  • 6. 4. Hypothesis – Value Proposition • We believe that business and young people would prefer our app if it has a complementary food delivery system. Hypothesis • Survey to a sample of 150 young and business people (100+50) to check whether they would get more value from the app if it has a delivery system Testing • If 75% of the interviewees value the delivery system.Validation Lean Entrepreneurship Project - Team3
  • 7. 5. Hypothesis – Value Proposition • We believe that young and business people find it simpler for their purpose to navigate in our app than in existing apps. Hypothesis • Survey to a sample of 150 young and business people (100+50) to check which app they find simpler to use. (App prototyping) Testing • If 75% of the surveys find our app easier/simpler to useValidation Lean Entrepreneurship Project - Team3
  • 8. 6. Hypothesis – Value Proposition • Restaurants value the opportunity to measure the success of their food promotions in our app (e.g. click rate on food offer in %) Hypothesis • Interview 20 restaurants to check whether they would extract more value from the app if they had access to success statistics Testing • If 70% of the restaurants interviewed show the interest in such featureValidation Lean Entrepreneurship Project - Team3
  • 9. 7. Hypothesis – Value Proposition • Restaurants are willing to provide price promotions in our appHypothesis • Interview 20 restaurants to check whether they would be willing to have price discounts on their meals on a weekly basis. Testing • If 70% of the restaurants interviewed show the willingness to make such promotionsValidation Lean Entrepreneurship Project - Team3
  • 10. 8. Hypothesis – Key Activities • The development of the app with all the features we idealize is viable (both in terms of technical development and costs) Hypothesis • Interview 3 IT experts to create a cost-benefit analysis for the app.Testing • If the 3 interviewees give us a positive feedback regarding these two issuesValidation Lean Entrepreneurship Project - Team3
  • 11. 9. Hypothesis – Key Partners • Mobile payment is a possible service to add to our app.Hypothesis • Meet with TIMWE to understand the process and what could work for our purposes.Testing • If they give us positive feedbackValidation Lean Entrepreneurship Project - Team3
  • 12. 10. Hypothesis – Key Partners • We are able to integrate the rating service of Tripadvisor in our appHypothesis • Get in contact with Tripadvisor to check if such system is possible.Testing • If Tripadvisor confirms that we can intergrate their rating systemValidation Lean Entrepreneurship Project - Team3

Editor's Notes

  1. If the meeting yields positive results we will then incorporate this in our value proposition and check with our target segment whether they find this solution attractive/useful.