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Copy - Copy - Class 14- Concept Overview V3
Think Startup
Created on October 16, 2024
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Transcript
Prototyping, its Types & Importance
Overview of Prototypes & MVP
Objective: Learns what it takes to create a solution to take to your customers
Minium Viable Product (MVP)
Benefits of MVP
Prototype vs. MVP
DELIVERABLE:Select a Format to Develop a Prototype
CONCEPT PRIMER
Understanding Prototyping
Prototype is a preliminary version or a model of a product, service, or process
Types of Prototyping
Pros of Prototyping
Cons of Prototyping
Common Low-Fidelity Prototypes
SKETCHES
PAPER
LEGO
WHY?
- Quickly create physical prototypes
- Versatile, easy to modify & dismantle
- Encourage experimentation and fun
WHY?
- Quickly create physical prototypes
- Versatile, easy to modify & dismantle
- Encourage experimentation and fun
WHY?
- Cheap and easy to create and modify
- Easy to get feedback on as the prototype looks rough and users don’t fear hurting your feelings.
When? Novel Solutions
When? New digital or physical product Solution ideas
When? Novel Solutions
How?
- LEGO bricks
- Cardboard mockups
- 3D printing - FreeCAD
How?
- Pen and paper
- Sketchup
- Smartdraw
How?
- Pen and paper
Output: 3 D object (product)
Output: Sketch Mock-ups
Output: Sketch Mockup
Click for ‘How to’ video
Click for video on ‘Prototyping games & App with Lego’
Click for Image-sketch prototype
Common Low-Fidelity Prototypes
STORYBOARD
DIGITAL
BLUEPRINTS
WHY?
- Extensive blueprint to simulate through a combination of staging, role play and blueprint a thorough outline of the user and other stakeholder experiences
WHY?
- Visual plan through a combination of staging, role play and blueprint a thorough outline of the user and other stakeholder experiences
WHY?
- Quickly create physical prototypes
- Versatile, easy to modify & dismantle
- Encourage experimentation and fun
When? Solution design for services
When? User journey
When? Novel Solutions
How?
- Sketch up
- Smartdraw, Planner 5D…
How?
- Sketch sequences.
- Sketchup
How?
- Figma
- Miro…
Output: Blueprint of the services workflow, user experience, backstage processes…
Output: Visual plan of user experiences/journey
Output: Wireframe / Mock-ups including clickable
Click to view a wireframe
Click to view a storyboard
Click for blueprint framework
What is the real value of Prototyping?
User Validation
Identifying Issues
Continuous Refinement
Visualizing Ideas
Improved Decision Making
Increased Adaptability
Cost & Time Efficiency
Alignment among Team
Understanding MVP
PURPOSE OF MVP
WHAT IS MVP?
Minimum Viable Product (MVP) is a basic functional version of the product built with minimum effort within a minimum amount of time to validate the idea and scale it up further.
Swiftly bring a product to market, allowing startups to gather valuable feedback and make informed decisions regarding future iterations.
Deeper dive into MVP
What are the Benefits of an MVP?
FASTER TIME-TO-MARKET
COST EFFICIENT DEVELOPMENT
USER VALIDATION
CUSTOMER DELIGHT
RISK MITIGATION
Minimum Viable Product
MINIMUM An unfinished product no customer needs or wants
VIABLE The final product that the startup wants to build
MVP
A product that is good enough to solve the core problem of the customer, and only has functions for that
Prototypes vs. MVP
SIMILARITIES
SAMPLES
DIFFERENCES
Role-Play
PAPER STORYBOARD
Your Deliverable – Select a Prototype Format for Your Solution
Venture Activity 5.1: Build your Prototype
PHYSICAL MOCK-UP
PAPER WIREFRAME
Faster Time-to-Market By focusing on the essential features required for a functional product, startups can develop and release their MVPs quickly.
User ValidationBy putting a product in the hands of users, startups can validate their assumptions, understand user preferences, and identify potential pain points.
Role Plays / Simulations
Acting out scenarios or using simulations to mimic service interactions or product usage
Image courtesy: Interaction Design Foundation – Interaction-design.org
Hand-drawn sketches depicting basic layouts, structures, and functionalities of products or interfaces.
Sketches
Service Design
Detailed live simulations or mock-ups of the service experience, involving realistic interactions between users and service providers.
Cost and Time Efficiency
Resource OptimizationCatching and resolving issues in early-stage prototypes is more cost-effective and less time-consuming than making changes in the final product.
Lorem ipsum dolor sit
Paper Prototype
Physical prototypes using paper cutouts, enabling quick and interactive testing of user interfaces and workflows
Alignment Among Teams
Communication Tool Prototypes facilitate communication between cross-functional teams or stakeholders, aligning everyone towards a common vision.
Wireframes (detailed)
Detailed digital representations Shows actual user interface elements, interactive features, similar to the final solution
Identifying Risks
Risk Reduction Testing prototypes helps identify and address design flaws, usability issues, or functional problems early, reducing risks associated with the final product/service.
Doughnut
Application
Cons of Prototyping
- Takes Times
- Requires Iterations
Sketches
Hand-drawn sketches depicting basic layouts, structures, and functionalities of products or interfaces.
Visualizing Ideas
Conceptualization Aid: Prototypes offer a tangible representation of abstract ideas, helping stakeholders understand and visualize the end product/service.
Customer DelightThis iterative approach ensures that subsequent versions are better aligned with user expectations, resulting in a more polished and market-ready product.
Storyboards/Scenarios
Visualizing user journeys or service interaction, capturing key steps and interactions
Continuous Refinement
Iterative Improvement Prototyping supports an iterative development process, allowing for constant refinement based on feedback, leading to a more polished end product.
Blueprint
Detailed user journey showing the visual map of how the user will interact with the product
Framework and image courtesy NNGROUP.COM
Storyboards/Scenarios
Visualizing user journeys or service interaction, capturing key steps and interactions
Improved Decision-Making
Informed Choices Prototypes provide tangible evidence for decision-making, allowing stakeholders to make informed choices based on real experiences rather than assumptions.
Risk MitigationIf the MVP proves successful, the startup can confidently invest in further development. If not, the impact on resources and finances is limited, enabling the team to pivot or iterate based on the lessons learned.
Examples of MVP
The cloud storage giant began as a simple MVP – a video demonstrating the concept of file syncing. This video generated immense interest, allowing Dropbox to secure early adopters and attract investment. The founders of Airbnb initially launched a basic website with listings of their apartment, and a few others. This rudimentary version served as their MVP, enabling them to validate the demand for a platform connecting travelers with unique lodging options. In its early days, Zappos founder, Nick Swinmurn, launched a simple website with pictures of shoes taken from local shoe stores. When customers place an order, Swinmurn would purchase the shoes at retail stores and ship them to customers. This manual process served as the MVP, testing the viability of selling shoes online.
User-Centric Approach:
User Validation Prototypes enable early testing with users, allowing for feedback that shapes the final product/service according to user needs and preferences.
Cost-Efficient DevelopmentBy prioritizing core functionalities and avoiding unnecessary features, startups can allocate resources judiciously.
Wireframes (detailed)
Detailed digital representations Shows actual user interface elements, interactive features, similar to the final solution
Increased Adaptability
Ease of Modification Prototypes can be easily modified or discarded if they don't meet expectations, allowing for flexible changes without major repercussions.
Differences
PROTOTYPES
- Tested by the internal team
- Low-to-Medium fidelity
- Goal: Validate design
Vs
MVP
- Validated with target users
- High fidelity
- Goal: Product-Customer fit
Similarities
- Validate hypotheses before committing significant resources to full-scale development.
- Enable iterative development
- Minimize the initial investment in terms of time and money