Project title: Astudy on training need identification system
Need gap identification
Transcript of Need gap identification
Introduction to the Company
Live Q&A Session with Prof. Abha Rishi Chairperson, Entrepreneurship Centre, BIMTECH, Noida
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Agenda for the session
Idea Identification
Idea Assessment
Open Q&A
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Saavn Example3
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Idea IdentificationThe process of finding the right business idea
Observation
• New problem
• Better solution
• Self-involvement
• Reality check
• Developed market
• Other emerging market
Personal Experience
Other Market Study
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Agenda for the session
Idea Identification
Idea Assessment
Open Q&A
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4
Saavn Example3
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Idea AssessmentThe process of validating your business idea
1 Target Segment Identification
2 Market Sizing
3 Competitor Analysis
4 Unique Selling Proposition
5 Seek Customer Feedback
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Agenda for the session
Idea Identification
Idea Assessment
Open Q&A
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4
Saavn Example3
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How Saavn did it? Saavn Example
Identification
• Personal pain point
• Inconvenient to find songs
• Time consuming
• Can’t stream on the go
Assessment
• Asian music lovers
• Market sizing
• No aggregator
• Single online music streaming platform
• Sought customer feedback
Solution
• Saavn app
•All types of music
•On the go streaming
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Agenda for the session
Idea Identification
Idea Assessment
Open Q&A
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4
Saavn Example3
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Ask your queriesOpen Q & A
Ask Your Queries in the Chat Window