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Proposed Experiment

Lean Phase:  Channels and Revenue Streams Assumption:  That paying customers will adopt one of the four proposed payment plan options without alteration. Time Box:  Four weeks.   Key Metrics:  Percentage (%) of customers who adopt one of the proposed payment plans. Success Points Green Light Proceed: Continue to offer our proposed payment plans as they are. Refine the payment plan process to be as streamlined and simple as possible. Consider the possibility of offering...

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Experiment Results

Experiment Design Post:   https://projecteverest.crowdicity.com/post/1013430 Lean Phase:   Channels Assumption:  That an equally significant portion of paying customers prefer to collect the stove themselves from a predetermined location as pay an additional amount to have the product delivered directly to them. Both pick-up and delivery channels are worth utilising. Results:  The success points for this experiment were: Green light: Of customers that express a preference...

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RickM
Experiment Results

Experiment Design Post:  https://projecteverest.crowdicity.com/post/1027960   Lean Phase: Channels and Revenue Streams   Assumptions:  People within our customer segment have previous knowledge of payment plans. People within our customer segment are willing to use a payment plan to purchase a stove.   Results:  The success points for this experiment were: Green: 70% of people in our customer segment have heard of or used a payment plan previously. Red: Less...

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RickM

Melbourne, Australia

Joined this community on Apr 22, 2019

University or Company
Monash

Degree or Work area
Civil Engineering / Japanese Studies

Country you Trekked/are Trekking in
Timor-Lesté

Reputation ranking

Ranking
254
Points
59

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