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Technology Entrepreneurship 2012




Fiesta Kazakhstan
Outline

 Problem defined
 Concept of the solution
 Testing value proposition
 Conclusion
Problem defined

 Living in Kazakhstan we often find it difficult to
  select a place to hang out with friends
  especially in peripheral towns.


 As a result , the startup idea chosen by our team
  was to create a website which would help young
  people in Kazakhstan to solve that problem.
Concept
 Personalized approach.
 Guiding questions to narrow down the results.
 Target users are young people aged between 14-35
  living in urban areas of Kazakhstan and having
  Internet access.
 Target customers are venue holders.
 Profits from paid services.
Testing value proposition
Surveying users:
   41 people aged between 13 and 38.
   Results of the survey:
     there is a gap in the market
    90% of respondents will be willing to use the
      service
     However, 2/3 of the respondents do not have
      difficulties in selecting places to meet with friends.
    44% of the respondents already use the Internet to
      this purpose.
Testing value proposition
Researching customers:
 Enquiries to the venue holders will be made at the
  project execution stage.
 Venue holders already use similar websites for
  advertising.
 Hypothesis: new service could attract customers if it
  provides larger user base and distinctive features.
Conclusion

 It has been decided to continue developing
  this idea for the opportunity execution project
  with little adjustments on the run.

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Fiesta Kazakhstan

  • 2. Outline  Problem defined  Concept of the solution  Testing value proposition  Conclusion
  • 3. Problem defined  Living in Kazakhstan we often find it difficult to select a place to hang out with friends especially in peripheral towns.  As a result , the startup idea chosen by our team was to create a website which would help young people in Kazakhstan to solve that problem.
  • 4. Concept  Personalized approach.  Guiding questions to narrow down the results.  Target users are young people aged between 14-35 living in urban areas of Kazakhstan and having Internet access.  Target customers are venue holders.  Profits from paid services.
  • 5. Testing value proposition Surveying users:  41 people aged between 13 and 38.  Results of the survey:  there is a gap in the market 90% of respondents will be willing to use the service  However, 2/3 of the respondents do not have difficulties in selecting places to meet with friends. 44% of the respondents already use the Internet to this purpose.
  • 6. Testing value proposition Researching customers:  Enquiries to the venue holders will be made at the project execution stage.  Venue holders already use similar websites for advertising.  Hypothesis: new service could attract customers if it provides larger user base and distinctive features.
  • 7. Conclusion  It has been decided to continue developing this idea for the opportunity execution project with little adjustments on the run.