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Value Proposition Design

A clear understanding of the consumer is critical to the success of any business. The focus of this course is to help participants become keen observers of strategic consumer insights and hence build a value proposition for their products.

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A clear understanding of the consumer is critical to the success of any business. The focus of this course is to help participants become keen observers of strategic consumer insights and hence build a value proposition for their products.

Creative problem solving is recognized by most successful organizations as an essential skill that enhances the leadership capabilities of employees as well as the business potential of the organization. This skill will enable you to better appreciate the customer’s needs and hence create better solutions for the same.

Value Proposition Design helps you understand the core challenges of your business- creating the products that customers want to buy. This course will teach you the processes and tools that you need to build great products. Personas are useful in considering the goals, desires, and limitations of brand buyers and users in order to help guide decisions about a service, product or interaction space such as features, interactions, and visual design of a website.

What's inside

Learning objectives

  • Journey of idea to commercially successful products or solutions
  • Develop a value proposition using the value prop canvas framework
  • Fundamental personas & user stories
  • Customer interviewing techniques

Syllabus

Introduction
Understanding Customers
Customer Interaction
Communicating With Your Customers
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Ethnography
Persona
Buyer Persona
Understanding The Problem
Understanding the Solution
Summary

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Develops empathy and problem-solving for customers, which is standard in commerce
Develops skills in creative problem-solving, which is recognized by successful organizations as an essential skill for career and business advancement
Provides methods for understanding customers and solving their challenges, which is beneficial for business
Examines value proposition design, which is highly relevant to career and business advancement
Develops personas, which are useful for understanding brand buyers and users
Taught by experts in business and marketing

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Value Proposition Design with these activities:
Read 'The Lean Startup' by Eric Ries
Gain valuable insights into the principles of lean thinking and how to apply them to your business.
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  • Read the book and take notes on key concepts.
  • Identify how the principles of lean thinking can be applied to your own projects.
Read about customer personas
Review the concept of customer personas to strengthen your understanding of how they can help you understand your target audience.
Browse courses on Personas
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  • Read about the definition and purpose of customer personas.
  • Identify the key characteristics and attributes of customer personas.
  • Explore case studies and examples of effective customer personas.
Practice creating value propositions
Complete exercises to develop your skills in creating compelling value propositions that resonate with customers.
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  • Utilize the Value Proposition Canvas to outline your value proposition.
  • Practice identifying customer needs and pain points.
  • Refine your value proposition based on customer feedback.
Four other activities
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Attend a workshop on customer journey mapping
Gain practical experience by attending a workshop that delves into the process of customer journey mapping.
Browse courses on Customer Journey Mapping
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  • Research and identify relevant workshops.
  • Attend the workshop and actively participate in exercises.
  • Apply the techniques and insights gained to your own projects.
Develop a customer persona for a specific product or service
Create a comprehensive customer persona to gain a deeper understanding of your target audience.
Browse courses on Personas
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  • Conduct research to gather data on your target audience.
  • Identify key demographic and psychographic characteristics.
  • Develop a detailed description of their goals, motivations, and pain points.
  • Create a visual representation of your customer persona.
Develop a customer research plan for a new product or service
Gain hands-on experience by developing a comprehensive research plan.
Browse courses on Customer Research
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  • Define the research objectives and scope.
  • Identify and select appropriate research methods.
  • Design and conduct customer interviews, surveys, or focus groups.
  • Analyze and interpret the research findings.
Contribute to an open-source project related to customer analytics
Enhance your skills and gain practical experience by contributing to an open-source project.
Browse courses on Customer Analytics
Show steps
  • Identify and select an open-source project that aligns with your interests.
  • Review the project's documentation and contribute to discussions.
  • Make code contributions and participate in the project's development.

Career center

Learners who complete Value Proposition Design will develop knowledge and skills that may be useful to these careers:

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