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Technopreneurship-ME3C: Last Name:: Tañamor First Name:: Myk Angelo Course & Section:: BSME-3C 14 Apr 2021 - 03:51PM

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Customer validation is important in technopreneurship for the following reasons: - It helps technopreneurs identify if there is a real market need for their technology product/service idea before investing significant time and resources into developing it. Validating customer needs reduces risk. - Gathering feedback directly from potential customers helps technopreneurs understand if their value proposition and solution aligns well with what customers are looking for. This ensures they are building the right solution to solve customer pain points. - Customer validation is an ongoing process that helps technopreneurs refine their solution based on customer feedback. It leads to the development of products/services that better meet market requirements. - Validating that customers are willing to

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Technopreneurship-ME3C: Last Name:: Tañamor First Name:: Myk Angelo Course & Section:: BSME-3C 14 Apr 2021 - 03:51PM

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JM Myrtes
38 views3 pages
Customer validation is important in technopreneurship for the following reasons: - It helps technopreneurs identify if there is a real market need for their technology product/service idea before investing significant time and resources into developing it. Validating customer needs reduces risk. - Gathering feedback directly from potential customers helps technopreneurs understand if their value proposition and solution aligns well with what customers are looking for. This ensures they are building the right solution to solve customer pain points. - Customer validation is an ongoing process that helps technopreneurs refine their solution based on customer feedback. It leads to the development of products/services that better meet market requirements. - Validating that customers are willing to

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Customer validation is important in technopreneurship for the following reasons: - It helps technopreneurs identify if there is a real market need for their technology product/service idea before investing significant time and resources into developing it. Validating customer needs reduces risk. - Gathering feedback directly from potential customers helps technopreneurs understand if their value proposition and solution aligns well with what customers are looking for. This ensures they are building the right solution to solve customer pain points. - Customer validation is an ongoing process that helps technopreneurs refine their solution based on customer feedback. It leads to the development of products/services that better meet market requirements. - Validating that customers are willing to

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38 views3 pages

Technopreneurship-ME3C: Last Name:: Tañamor First Name:: Myk Angelo Course & Section:: BSME-3C 14 Apr 2021 - 03:51PM

Uploaded by

JM Myrtes
Customer validation is important in technopreneurship for the following reasons: - It helps technopreneurs identify if there is a real market need for their technology product/service idea before investing significant time and resources into developing it. Validating customer needs reduces risk. - Gathering feedback directly from potential customers helps technopreneurs understand if their value proposition and solution aligns well with what customers are looking for. This ensures they are building the right solution to solve customer pain points. - Customer validation is an ongoing process that helps technopreneurs refine their solution based on customer feedback. It leads to the development of products/services that better meet market requirements. - Validating that customers are willing to

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Technopreneurship-ME3C

Last Name:: Tañamor


First Name:: Myk Angelo
Course & Section:: BSME-3C
14 Apr 2021 - 03:51PM

SCORE

49
98%
50

1. If prices decline, consumers/ customers have greater


buying power.

T
1/1 Marks

2. There are 4 types of Customer Pain points--Process


,Financial, Support, and Productivity pain points.

T
1/1 Marks

3. Psychographic segmentation is a type of segmentation


that deals with their location ( state,city,region,country).

F
1/1 Marks

4. Identi cation of a problem is the rst step in decision


making process.

T
1/1 Marks

5. In decision making process, implementation of an


alternative means assessing the effectiveness and ef ciency
of the outcome.
F
1/1 Marks

6. Pain point is a speci c problem that prospective


customers of your business are experiencing.

T
1/1 Marks

7. Customer needs is de ne as the driver of the customer's


decision to purchase service/ product.

F
0/1 Marks

8. If the value of the dollar increases relative to foreign


currency,consumers have lower buying power.

F
1/1 Marks

9. Direct needs are needs that customers tell you about


through email,calls,etc.

T
1/1 Marks

10. Creativity by individuals and teams is a starting point for


innovation.

T
1/1 Marks

11. Entrepreneur who is technology


savvy,creative,innovative,dynamic,dares to be different and
take unexplored path, and very passionate about their work.

Technopreneur
2/2 Marks

12. Important role in the eld of utilization as well as the


development of technology.

Technological Advancements
2/2 Marks

13. Related to investments,funds to start up, and nancial


assistance.

Capital Formation
Capital Formation
2/2 Marks

14. Refers to the capacity of an individual customer or a


speci c market to buy certain quantities of goods and
services.

Customer Power
2/2 Marks

15. Customer needs that the users is an aware of and can


be dif cult to uncover.

Latent Needs
2/2 Marks

16. Customer needs that most often come from internal


sources with a high possibility of being wrong.

Assumed Needs
2/2 Marks

17. Prospects are spending too much money on their


current provider/solution/products that they want to reduce
their spend.

Financial Pain Point


2/2 Marks

18. Process of dividing customers into groups based on


certain factors/traits.

Customer Segmentation
2/2 Marks

19. Segmentation of customers based on their


age,occupation,gender,income etc.

Demographic
2/2 Marks

20. Refers to a judgement,choice between alternatives,


rarely a choice between right and wrong, identifying
problems and opportunities and resolving them.

Decision Making
2/2 Marks

21. Is customer validation important in technopreneurship?


Why?

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