Tag Archives: market testing

Starting Up Right

 
Starting up your business can leave you feeling out of your element as you are moving up a huge learning curve. There are a few common pitfalls that you need to look out for.
 
1. Business structure
2. Planning
3. Testing for your Minimum Viable Product
4. Brand Properties
5. Loyalty / CRM
 
If you have these components in place, you are much more likely to be successful. Watch the video to understand each pitfall and the best practices around them.
 

 

Contact the Expert

 
Jazz
[email protected]
Small Business Start-up Professional
The Startup Shop Prez CL
 

Want more? Here are some additional small business resources:

 
Setup
www.Corporationcentre.ca
 
Testing
Lean Start-up: Eric Reis
The Four Hour work Week :Tim Ferris
 
CRM/NPS/Loyalty
The Ultimate Question: Fred Reichheld
www.Salesforce.com
www.Zoho.com
 

Let Your Creativity Out!

 
As a small business owner we need creativity to help us with product development, creating new ideas in our business, and to stay ahead of the competition.
 
Sometimes we think that other people are the creative ones and that this is not a strength that we have ourselves. But that is not true! Everyone has creativity inside of them, they just need to know the tools and how to recognize it in yourself.
 
This video outlines the three major steps of creativity:
 
1. Brainstorming. Some different tactics to approach brainstorming and tools that you should try out. A lot of times it is as simple as starting to write things down.
 
2. Prioritization. Once you have a bunch of ideas it is important to figure out which ones are the best ideas or what order you can actually approach them. Everyone has a limitation on time and money, so prioritization becomes important.
 
3. Implementation. Once you’ve decided on the ideas, action becomes necessary. Many times people want to wait and make things perfect, but often it is good to get your MVP (minimum viable product) out there to begin your testing.
 
At the end of the video, there are additional tips and tricks, as well as an example of where creativity has made a huge difference.
 

 
Contact The Expert
 
Sheri Andrunyk
[email protected]

New Product Development

85-95% of New Product Launches fail annually (FORBES article of March 24, 2010 based on approx. 250,000 global launches).
 

With this daunting figure, we want to do everything right to increase our product’s chance of success. Learn from the expert, Kevin Scanlan, who has over 30 years experience in new product development with enterprises and small business.
 
In this 30 minute video, you will learn:
 
– what invention is versus product development
– the importance of a roadmap and the process
– how to scan the environment
– the QUAD approach and the 4 different types of product development
– the components of a product specification
– the Gate process used by the most successful companies out there
– red flags and things to look for during the process
 
Plus, if you have any other questions you can always contact our expert.
 

 

Contact The Expert!

 
Kevin Scanlan
Anubis3D
tel: 905-963-9130
email: [email protected]

Market Research To Make Your Business Fly

The key of market research is to reduce a small business owner’s risk. How? The focus should always be on justifying whether or not your sales projections are realistic to meet your financial requirements.
This 20 minute video outlines the key pieces of research that you need to know & how to get this information. Whether you are an existing business or a revolutionary new idea, this video will highlight some key risk areas and how to reduce this through market research.