Pitching a product

 

Product Ideas

Give them a mark out of 5 

Remember - the idea should be exciting, but also make sense as a business idea (i.e. it will make money and stay afloat)

 

1. Portable solar charger for phones and laptops   ___

2. Peer-to-peer tutoring platform for students ___

3. DIY bubble tea making kit ___

4. Screen-time lock box for phones during study ___

5. Edible spoons and forks made from grains ___

6. Smart study planner that creates schedules automatically ___

7. Posture-correcting backpack with alerts ___

8. Uniform recycling and resale service ___

9. Lost-item tracking tags for essential items ___

10. Customisable healthy lunchbox delivery service ___

11. Exam stress relief kit for students, (contains a mystery prize) ___

12. Pet “translator” app that interprets animal sounds ___

 

Match to their category

A) Tech & Innovation

B) Sustainability & Environment

C) Food & Lifestyle

D) Education & School Life

E) Health & Wellbeing

F) Fun & Creative

 

 

 

Now talk about one or two of the products you graded higher using these 5 points.

1. Problem – What’s the issue?

2. Solution – Their product/service

3. Target Market – Who will buy it?

4. Why It’s Better – What makes it unique?

5. Money – Price + how it makes profit

 

5 more ideas 

Air bnb for storage

A surpise a month

Virtual travel experiences

AI meal planner

Mobile EV charging service 

Talk about these in relation to these business ideas

Problem

Customer

Marketing strategy

Outlay

Risks

Further business opportunities that might arise from this basic business idea

 

 

 

 

 

 

 

1. Why / people / your / would / choose / product / over / others?

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2. What / the / biggest / is / risk / your / to / business?

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3. How / before / long / you / break / even?

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4. What / your / makes / product / different / from / competitors?

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5. How / you / would / make / or / deliver / this / product?

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6. Who / your / exactly / is / target / customer?

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7. If / you / I / gave / $10,000, / how / you / would / spend / it?

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8. Why / you / are / the / right / people / to / run / this / business?

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9. What / go / could / wrong / with / your / idea?

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10. How / much / it / does / cost / to / make / one / unit?

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11. How / you / will / reach / your / customers?

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12. Could / a / company / bigger / easily / copy / your / idea?

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13. How / this / could / business / grow / in / the / future?

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14. What / does / role / each / team / member / play?

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