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MVP Class 6.2

Total questions: 10

Worksheet time: 20mins

Name
Class
Date
1.

MVP

SOLAR OVEN

 

Great for people who are very mobile, as well as for those who need to consider storage space. It packs up quite small, so it’s easily moved. Using the power of the sun we will reduce gas and reduce coal footprint. Want to help us with global warming reduction ?

COST ~ 200 dollars .. What do you think of the idea ? Would you buy it ? YES / NO – WHY ?

 

4 lines
2.

MVP

Onion Cutter

 

The idea is to create an affordable small machine able to slice your onions, no more teers , no more bad odors. Easy to clean , simple to use. No more accidents in the kitchen , make cooking easy.

COST ~ 250 pesos .. What do you think of the idea ? Would you buy it ? YES / NO – WHY ?

4 lines
3.

MVP

Water Purifier

 

Clean drinking water is a human necessity. When disasters happen, safe drinking water can become very difficult to find, demonstrating the importance of alternative methods of water filtration

COST ~ 80 dollars .. What do you think of the idea ? Would you buy it ? YES / NO – WHY

4 lines
4.

MVP

Taco Holder

 

Who has not tried a good taco at the local restaurant eating there or taking it to your home. Not only is this taco holder set easy to clean, it's also safe to use around children. It's constructed from a high-grade ABS material that is lead-free. You'll get six taco holders in this set with each holder having a slot for up to four tacos.

COST ~  250 pesos .. What do you think of the idea ? Would you buy it ? YES / NO – WHY

4 lines
5.

MVP

Wheels

 

The idea is to create a Mexican brand of small cars, low price, made from recycle material, we will give employment to internal suppliers . The value added is to create them without harming the planet, This helps close the loop for kids because they can see their own environmental efforts in action.

COST ~  200 pesos .. What do you think of the idea ? Would you buy it ? YES / NO – WHY

4 lines
6.

MVP

Water Filter

 

The idea is to create an ecofriendly water filter , removing impurities and contaminants from our water that are placing in danger our health. Easy to place with the highest standards. Personal Water Filter Water Purifier Straw Portable Water Purification Kit Backwash Cleansing Integrated Water Filters for Traveling, Camping, Hiking and Backpacking

COST ~  400 dollars .. What do you think of the idea ? Would you buy it ? YES / NO – WHY

4 lines
7.

An MVP is created with an intent to enable faster time to market, atract early adopters and achieve product-market fit from early on.

a)

False

b)

True

8.

Why do we gather Feedback in an MVP:

a)

Understand if the idea is right for the target market.

b)

Could help you how much money you will loose if you miss the end in mind

c)

to find out potential users opinions and what they want to see in the final product.

9.

Why would we start with a Market Research is the process of the MVP ?

a)

It is not enough to do your best, you must know what to do and then do you best

b)

At times, ideas will not fit the market needs. Before a business initiates an idea and ensure that it fulfills the target users need.

c)

At the end of the day, your idea should be enough to sell and fulfill the end in mind.

10.

Example of a software MVP:

a)
b)
c)