What it feels like when you’ve found product-market fit
- By Lenny Rachitsky
Business model design Listening
Comparison of checkout-free retail with incumbent product and business model
- Research and analysis
- Retail
- Beginner
- 10-15 hours
Skills
Build vs buy vs partner
Business model design
Market analysis
Business model design
Market analysis
Introduction
A brick-and-mortar retail company is considering a foray into check-out retail and wants the product team to compare the pros and cons of the new initiative to the existing business. The executive team would use the analysis to inform their investment decision.
Target customer: consumer retail
Objectives
- Share the pros and cons of the new product compared to the existing solution and provide your final recommendation
- Suggest a business model for checkout-free retail stores with revenue and cost streams
You may select a customer persona of your choice to narrow the scope of the project.
Format:
Document with 2 pages or a presentation with 5 slides.
Project-Related Learning Resources
Articles, podcasts and videos mapped to skills on the project
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Business model design Listening Product vision
Underutilized Fixed Assets
- By Kevin Kwok
Business model design Market analysis Product vision
Disclaimer
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