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  Lean Phase: Channels Assumptions: An increase in nurses collecting EOIs will deepen our channels and generate more revenue.   Time Box:   3 hours   Success Metric The number of EOI collected from different channels. The overall conversion rate from beginning to end of funnel (EOI from new channels to purchasing of MVP)   Criteria: Green Light- The deepened channels generate the same EOI conversion rates as the original channel Success Point – <60% of the...

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REVENUE STREAMS A $30 deposit is forward paid, committing to a yearly subscription worth $120, that will be paid at the time of product and payment exchange. Currency tests and pricing tests were conducted to expand on our empathy and offer tests to calculate this cost Currency test: It was assumed that mothers of children under the age of 15 in Vengara will forward pay a $30 deposit for an undetermined solution that aims to remove the stress and negative emotion invoked when their...

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Experiment Results

This experiment focused on validating the financial viability at different price points for MVP.  Experiment post: https://projecteverest.crowdicity.com/post/1321460 Lean Phase: Revenue Streams Assumption: Testing yearly subscription at price points of $240, $120 and $60 with all other independent variables from currency test constant, the change of paid deposit conversion rate will indicate the correct price to use for our product and the customer segment. Results:...

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Experiment adopted

Lean Phase:  Revenue Streams Assumptions: Testing yearly subscription at price points of $240, $120 and $60 with all other independent variables from currency test constant, the change of paid deposit conversion rate will indicate the correct price to use for our product and the customer segment.  Time Box:   3 hours Success Metric Number of people who pay a $30 deposit for a yearly subscription MVP at $240/$120/$60 price point vs. number of people who paid a deposit...

Abbey Dyson
by Abbey Dyson
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Abbey Dyson
Experiment Results

This experiment focused on validating the problems identified during empathising and offer testing. Experiment post:  https://projecteverest.crowdicity.com/post/1318460 Lean Phase:  Currency Test Assumption: Mothers of children under the age of 15 in Vengara will exchange money for an undetermined solution that aims to remove the stress and negative emotion invoked when their child is sick, and they cannot help them. Results: Channel 1: Reached them on phone- 85% Organised...

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Abbey Dyson

Reference to the Experiment Design Post   Lean Phase: Offer Testing   Purpose:   The purpose of this experiment was to gauge businesses interest in an alternative product to single use plastic bags.   Assumptions:   Test that businesses will support the use of a recycled paper alternative to plastic bags. We assumed that all business would be willing to use recycled paper over plastic if the price is the same and the quality of the product is high....

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Experiment adopted

In September 2018, the Timor-Leste Government decided that a “Zero Plastic Policy” would be soon implemented throughout Timor-Leste which involves the banning of plastic bags. At the seminar when this policy was announced, the former President of the Republic, José Ramos-Horta stated that "Timor as a state, as a nation and as a community, has to carry out its own initiatives to solve the problem of plastic". One of the solutions has been to import biodegradable cassava bags from Indonesia....

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by Abbey Dyson
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Abbey Dyson
 

Abbey Dyson

Melbourne, Australia

Joined this community on Oct 19, 2018

Bio Undergraduate Environmental Science (Biology and Chemistry) 22 | Melbourne

University or Company
RMIT

Degree or Work area
Science

Project completed as trekker (if applicable)
Everest Recycling Solutions

Country you Trekked/are Trekking in
Timor-Lesté

LinkedIn Profile
https://www.linkedin.com/in/dysonabbey/

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96
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