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Developing a Mobile Proposition


Section 5: Defining the proposition

MICHAEL NUCIFORO
Mobile Consultant, Innovator and Futurist
Section 5 – 14:10 to 15:10
Defining the proposition
Attendees will split into small groups and define a high-level proposition through a facilitated
exercise. Each group will be given a different scenario and a set of assumptions:
• Benefits drivers: selecting an opportunity on which to focus the proposition
• Customer value proposition: identify the target market and their needs
• Scope and requirements: define the scope and key functional requirements


Wrap up from breakout session:
• Presentations and feedback
• Key takeaway lessons from each group discussed




                                                2
Guidelines
• Please split into three groups
• 30 minutes to prepare
• 10 minutes each to present


• Scenarios are:
   – Group 1: Melissa and her friends need to split dinner at a restaurant
   – Group 2: James wants to purchase car insurance at the car dealership
   – Group 3: Jenny needs to save for a holiday to see her family in Ireland




                                         3
Framework…

START                BRAINSTORM   CAPTURE
1. Proposition                    1. Scope

  Summary                         2. Key Requirements

2. Benefit Themes:                3. Product Backlog

   •   Customer                   4. Launch Approach

   •   Business
   •   Staff
3. Target Market
4. Key Objectives




                              4
Template
Proposition Details                                                Benefits

Proposition Theme                                                  Customer         Better customer experience, quicker etc.

Proposition Summary
                      • A brief summary of the proposition.        Business         New revenue stream, reduction in manual processing…
                      • Describe what will change as a result of
                       implementation.
                                                                   Staff            Improved efficiency…
                      • What does the end game look like?
                      a)   What will the company get?
                      b)   What will the customer get?
                                                                   Opportunity Statement and Key Objectives
                      c)   Target market?
                      d)   What competitors exist?                 • What is the opportunity we are seeking to exploit? What are the macro
                                                                    environmental factors that make the development timely (this includes
                                                                    movements in customer regulatory, competitor markets etc)
                                                                   • What strategic objectives will it meet (why are we doing this e.g.,
                                                                    deepen relationships, reduce costs etc)?
                                                                   • What are the critical success factors that will demonstrate the objectives
                                                                    have been met? (Consider all aspects including conduct risk CSFs for
                                                                    ‘outcome testing’).
Template (Cont.)
Target Market

Who is it for?                     A summary of the target audience.

What primary needs will it meet?   Describe the key and supporting needs that the proposition will meet.

How will it be positioned?         Sum up the proposition in one sentence.

Why is it different and better?    Write down one or two sentences that describe why the proposition works.




The End to End Customer Experience Journey
Discover                            Explore                               Buy/Use                              Engage

 Depending upon the proposition     What do we want the customer        • What does the buying/using         How will the customer interact
  and strategic drivers, is a         to feel and do?                       process look like?                 with the proposition on an on-
  marketing communications           What information can they           • Is it one stop or multi faceted?   going basis (if at all)?
  launch campaign required?           source during the lifecycle?        • What do we want the customer       •How will they feel after each
 How will the customer first        What will this lead to?               to feel at this point?             interaction?
  come into contact with the                                                                                   •How will you engage with the
  proposition?                                                                                                 customer after the transaction
                                                                                                               •How will this improve advocacy
                                                                                                               and retention, e.g. engender
                                                                                                               loyalty, repeat purchase, cross
                                                                                                               product sales, channel substitution
                                                                                                               etc?
Template (Cont.)
Scope and Requirements


Define the high-level scope    What is the core scope for the initiative? What devices will it be available on?




High-level requirements        What are the key requirements, functional and non-functional?




Product backlog                Prioritise the key features in order of importance and benefit




Launch Strategy

Describe the launch strategy   How will you market the proposition, what channels will you use, will you invite customers to pre-register prior to
                               launch?

Key proof points               What are the key terms you want your customers to associate with the service i.e. speed, security etc



                               7

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5. defining the proposition

  • 1. Developing a Mobile Proposition Section 5: Defining the proposition MICHAEL NUCIFORO Mobile Consultant, Innovator and Futurist
  • 2. Section 5 – 14:10 to 15:10 Defining the proposition Attendees will split into small groups and define a high-level proposition through a facilitated exercise. Each group will be given a different scenario and a set of assumptions: • Benefits drivers: selecting an opportunity on which to focus the proposition • Customer value proposition: identify the target market and their needs • Scope and requirements: define the scope and key functional requirements Wrap up from breakout session: • Presentations and feedback • Key takeaway lessons from each group discussed 2
  • 3. Guidelines • Please split into three groups • 30 minutes to prepare • 10 minutes each to present • Scenarios are: – Group 1: Melissa and her friends need to split dinner at a restaurant – Group 2: James wants to purchase car insurance at the car dealership – Group 3: Jenny needs to save for a holiday to see her family in Ireland 3
  • 4. Framework… START BRAINSTORM CAPTURE 1. Proposition 1. Scope Summary 2. Key Requirements 2. Benefit Themes: 3. Product Backlog • Customer 4. Launch Approach • Business • Staff 3. Target Market 4. Key Objectives 4
  • 5. Template Proposition Details Benefits Proposition Theme Customer Better customer experience, quicker etc. Proposition Summary • A brief summary of the proposition. Business New revenue stream, reduction in manual processing… • Describe what will change as a result of implementation. Staff Improved efficiency… • What does the end game look like? a) What will the company get? b) What will the customer get? Opportunity Statement and Key Objectives c) Target market? d) What competitors exist? • What is the opportunity we are seeking to exploit? What are the macro environmental factors that make the development timely (this includes movements in customer regulatory, competitor markets etc) • What strategic objectives will it meet (why are we doing this e.g., deepen relationships, reduce costs etc)? • What are the critical success factors that will demonstrate the objectives have been met? (Consider all aspects including conduct risk CSFs for ‘outcome testing’).
  • 6. Template (Cont.) Target Market Who is it for? A summary of the target audience. What primary needs will it meet? Describe the key and supporting needs that the proposition will meet. How will it be positioned? Sum up the proposition in one sentence. Why is it different and better? Write down one or two sentences that describe why the proposition works. The End to End Customer Experience Journey Discover Explore Buy/Use Engage  Depending upon the proposition  What do we want the customer • What does the buying/using How will the customer interact and strategic drivers, is a to feel and do? process look like? with the proposition on an on- marketing communications  What information can they • Is it one stop or multi faceted? going basis (if at all)? launch campaign required? source during the lifecycle? • What do we want the customer •How will they feel after each  How will the customer first  What will this lead to? to feel at this point? interaction? come into contact with the •How will you engage with the proposition? customer after the transaction •How will this improve advocacy and retention, e.g. engender loyalty, repeat purchase, cross product sales, channel substitution etc?
  • 7. Template (Cont.) Scope and Requirements Define the high-level scope What is the core scope for the initiative? What devices will it be available on? High-level requirements What are the key requirements, functional and non-functional? Product backlog Prioritise the key features in order of importance and benefit Launch Strategy Describe the launch strategy How will you market the proposition, what channels will you use, will you invite customers to pre-register prior to launch? Key proof points What are the key terms you want your customers to associate with the service i.e. speed, security etc 7