This document provides an agenda for a class on customer segments and channels. It includes a Q&A on common errors in defining customer segments. It also discusses different market types and trade-offs between one-sided and multi-sided markets. The document outlines an upcoming presentation on distribution channels that should analyze hypotheses about channels, present experiments and results, and propose actions. Students are assigned tasks to complete before the next class, including customer interviews, updating business models, and preparing a presentation on channels.
4. Common Errors on
Customer Segments
Poorly designed and vague data from
customer interviews (they liked our
product)
No articulation: hypotheses/experiments with
pass/fail tests
Confusion between users/payers/
recommenders, etc.
No customer archetype
6. 4 Market Types
Existing Market: faster/better (high-end)
Re-segmented Market: niche (marketing/
branding), cheaper (low-end)
New Market: innovative or cheaper/good
enough
Clone Market: copy of an existing business
model
8. One-sided Market
Product/service serves a single class of
customers
The value propositions does not depend on
interaction between classes of customers
9. Multi-sided Market
Product/service serves multiple customer
classes
Some of the value propositions depend on
interaction between multiple classes of
customers
10. Customer Knowledge
Value Proposion: defines the MVP
Customer Segment: defines the archetype/
persona
15. Two Questions
1. How do you want to sell your product?
2. How does your customer want to buy
your product?
16. How do you want to
sell your product?
端 Yourself
端 Through someone else
端 Retail
端 Wholesale
端 Bundled with other products/services
17. How does your customer
want to buy your product?
端 Same day
端 Delivered and installed
端 Downloaded
端 Bundled with other products/services
端 As a service
端
18. Types of Channels
Direct: sell it yourself
Indirect: OEM, VAR, Reseller, Distributor
Licensing: they make it and sell it
19. The Channel can be the
customer
Products embedded in others (OEM
original equipment manufacturer)
Products resold by others (VAR value
added reseller)
Products distributed by others
(Distributor)
20. Channel Economics
Commission
Percentage of sales price
Discounted pre-purchase
26. Presentation for Next
Week
際際滷 1: Cover slide
際際滷 2: Business Model Canvas (changes marked in red,
different colors for multi-sided markets)
際際滷 3-n: What is the distribution channel: hypothesis,
experiments, results, action
際際滷 n+1: Channel diagram with annotated channel
economics
際際滷 n+2: Images of your prototype
27. Before Next Class
Talk to 10 customers and channel partners
Update LPC Narrative and Canvas
Work on your MVP: site or wireframe
(web/mobile), prototype, model,
crowdfunding (physical product)
Prepare Class Presentation
Watch Lecture 5: Customer Relationships