5. defining the proposition
TRANSCRIPT
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MICHAEL NUCIFORO
Mobile Consultant, Innovator and Futurist
Developing a Mobile Proposition
Section 5: Defining the proposition
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Defining the proposition
Attendees will split into small groups and define a high-level proposition through a facilitated
exercise. Each group will be given a different scenario and a set of assumptions:
• Benefits drivers: selecting an opportunity on which to focus the proposition
• Customer value proposition: identify the target market and their needs
• Scope and requirements: define the scope and key functional requirements
Wrap up from breakout session:
• Presentations and feedback
• Key takeaway lessons from each group discussed
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Section 5 – 14:10 to 15:10
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• Please split into three groups
• 30 minutes to prepare
• 10 minutes each to present
• Scenarios are:
– Group 1: Melissa and her friends need to split dinner at a restaurant
– Group 2: James wants to purchase car insurance at the car dealership
– Group 3: Jenny needs to save for a holiday to see her family in Ireland
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Guidelines
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Framework…
1. Proposition
Summary
2. Benefit Themes:
• Customer
• Business
• Staff
3. Target Market
4. Key Objectives
START BRAINSTORM CAPTURE 1. Scope
2. Key Requirements
3. Product Backlog
4. Launch Approach
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Proposition Details
Proposition Theme
Proposition Summary • A brief summary of the proposition.
• Describe what will change as a result of
implementation.
• What does the end game look like?
a) What will the company get?
b) What will the customer get?
c) Target market?
d) What competitors exist?
Benefits
Customer Better customer experience, quicker etc.
Business New revenue stream, reduction in manual processing…
Staff Improved efficiency…
Opportunity Statement and Key Objectives
• What is the opportunity we are seeking to exploit? What are the macro
environmental factors that make the development timely (this includes
movements in customer regulatory, competitor markets etc)
• What strategic objectives will it meet (why are we doing this e.g.,
deepen relationships, reduce costs etc)?
• What are the critical success factors that will demonstrate the objectives
have been met? (Consider all aspects including conduct risk CSFs for
‘outcome testing’).
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Target Market
Who is it for? A summary of the target audience.
What primary needs will it meet? Describe the key and supporting needs that the proposition will meet.
How will it be positioned? Sum up the proposition in one sentence.
Why is it different and better? Write down one or two sentences that describe why the proposition works.
The End to End Customer Experience Journey
Discover Depending upon the proposition
and strategic drivers, is a marketing communications launch campaign required?
How will the customer first come into contact with the proposition?
Explore What do we want the customer
to feel and do? What information can they
source during the lifecycle? What will this lead to?
Buy/Use • What does the buying/using
process look like? • Is it one stop or multi faceted? • What do we want the customer
to feel at this point?
Engage How will the customer interact with the proposition on an on-going basis (if at all)? •How will they feel after each interaction? •How will you engage with the customer after the transaction •How will this improve advocacy and retention, e.g. engender loyalty, repeat purchase, cross product sales, channel substitution etc?
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Scope and Requirements
Define the high-level scope What is the core scope for the initiative? What devices will it be available on?
High-level requirements What are the key requirements, functional and non-functional?
Product backlog Prioritise the key features in order of importance and benefit
Launch Strategy
Describe the launch strategy How will you market the proposition, what channels will you use, will you invite customers to pre-register prior to
launch?
Key proof points What are the key terms you want your customers to associate with the service i.e. speed, security etc
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