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Team Idea Chutney. Sushmita Kari Asha Mathew Niramayee Sarpotdar Sashi Mangu NandhaKumar Ramanathan. Farhan Kalsekar Amit Agarwal Sachin Arora Dhiraj Jetwani Praveen Kumar Bala Murugan. Design Challenge . How might we reconnect with the child in us. Persona - 1 . - PowerPoint PPT Presentation
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Sushmita KariAsha MathewNiramayee SarpotdarSashi ManguNandhaKumar Ramanathan
Team Idea ChutneyFarhan KalsekarAmit AgarwalSachin AroraDhiraj JetwaniPraveen KumarBala Murugan
Design Challenge How might we reconnect with the child in us.
Persona - 1 Name : MahikaAge : 28yrs/SingleLives in : BangaloreNative of : Jaipur, Rajasthan Occupation : Investment BankerEarns : 2 L per month
A Day in Her Life6:00 am : Yoga 7:00 am : Singapore call starts9:30 am : Indian Markets2:00 pm : European Markets11:00 pm : Review of US MarketsReads Books on Weekends.Sometimes Retail Therapy.
She LovesEating Paani-poori from the roadside
vendor but scared to be spotted.Travelling.Swimming.Sleeping late on weekends.Reading Dilbert, Cavin
Her Pain PointsMisses her familyPerfectionist. Gets irritated.Clueless about future.
Persona - 2 Name : Karnab SwamiAge : 35yrs/MarriedLives in : DelhiNative of : Assam Occupation : JournalistEarns : 5 L per month
A Day in His Life4:00 am : Goes to bed. 7:00 am : Checks News Channels around the world.9:30 am : Sync up with team2:00 pm : Editing for News Hour9:00 pm : Live on News Hour, Shouts, Howls, Insults, Plays Judge, Is the courtHe Loves
Beer with friends.Reading novels.Game of BadmintonWild Life Photography.
His Pain PointsMost of the stuff in and outside work.
Insights
Work related stress Mid Life Crisis Connected to a lot of acquaintances but the bond is only
superficial. Longs to be with friends and shed inhibitions intermittently (go
crazy for a bit) Tries to re-connect with childhood memories via the internet but
finds limited content. Doesn’t find most of the vintage stuff that was available during childhood.
Has a lot of physical memories from childhood that can be digitized and archived.
Service Concept • Service Concept
• Childhood/Break-away/Adventure experiences for professionals• Experience Design
• Objective• To relieve them of stress and increase their happiness quotient
• High level service attributes• Real world and virtual experiences• Offered directly to professionals or through organizations (their employers)
Service ConceptService Concept - Childhood/Break-away/Adventure experiences for professionals
Designed for – Urban Working Professionals
Customer Segments / Target Audience – Professionals in the age group of 25-60
Target Audience pain points/attributes• Stressed• Over-worked• Hectic lifestyle
Target Audience needs• Need time for themselves –
“ME” time• Have FUN• Network/Make friends
without the “pressure” of networking
Value proposition• Pure unadulterated FUN• Being able to explore
possibilities without any boundaries
• Being able to de-stress and let go
Sign up User Collates childhood memories to be archived
Bachpan Van visits to collect pics/ artifacts and also carries some vintage collectibles, etc.
Memories on the cloud, along with the other online experience.
User can create a memoir of his childhood with the archived content.
Customer Journey
Prototype
Prototype
Market Ecosystem
Idea Chutney (name to be
changed)
Professionals and/or
Organizations
Vendors (Transport, equipment,
website, trainers, speakers etc.)
CompetitorsHobby shops, Travel companies, Theatre, Films, Movies, Social
Events, Gaming companies,
Shopping malls etc.
Business competes for target
audience’s “share of time” and “share
of wallet” – it is identified that this
is discretionary spend
Services
Idea Chutney (name to be
changed)
Real world – 1. Hobby exploration /
development2. Random discussions3. Travel4. Walk5. Crowd-source experience
design6. Experience design for
alumni / school get togethers
7. Mobile van
Virtual – 1. Friends connection2. Old movies / TV snippets /
Old ads / Cartoons3. Rating mechanism4. Order surprise
merchandize packages for friends (marbles, tazos etc.)
Service Components
Sales Strategy
Idea Chutney (name to be
changed)
• Word of mouth publicity• Through propagation of app• Invitational events/Free
workshops• Through social media
networks• Regular & continuous
customer engagement• Newsletter and story sharing
Customer relationship• Regular personal level
interaction• “Partner for life”
relationship
Channels• Word of mouth• Social media• Print media
Revenue ModelTake home salary INR 50,000.00Assume share of wallet per month INR 2,000.00Number of professionals in Bangalore 350000Number of professionals touched by the service in a particular month (real world and merchandize) 350Average revenue per month INR 700,000.00Average revenue per year INR 8,400,000.00Average cost per participant per program INR 1,000.00Number of participants per program 20Average number of programs 17.5Cost per month of programs INR 350,000.00Expense on continuous program design (20% of revenues) INR 140,000.00Gross margins 30%