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Entrep Q2 Module 2

Entrep

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0% found this document useful (0 votes)
63 views

Entrep Q2 Module 2

Entrep

Uploaded by

John Mateo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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ENTREPRENEURSHI

PRODUC
DEVELOPME
T
NT
Quarter 2
Module 2

PREPARED BY
ANAMARIE V. VALDOZ-
KANNO
LEARNING
OBJECTIVES:

1. develop a product 3. identify the


or service significance of testing
description; the product prototype;
and
2. understand how to 4. determine how to validate the
service description of the
create a prototype of product with potential
the product; customers to determine its
market acceptability.
RECAP
We have learned that 4M's of Operations
essentially speak to factors that impact on
aftereffects of any cycle. This was utilized to
make item plan and quality deformity
anticipation to distinguish possible
components on cause and generally impact. A
reason for blemish from a wellspring of
variety which was gathered into four (4)
significant areas to recognize characterization
of every variety. A. Beta Testing B. Survey C.
Testing Prototype D. Prototype E. Product
Description In assembling ventures this
technique was utilized to apply on creation
control, improvement, generally productivity
estimation, cycles, and plan.
As part of the review, answer
the following questions and
select the best answer
1. It is considered to be the most
vital factor in production. A
business entrepreneur must
determine, acquire, and match
qualified employees with the jobs
at the most appropriate period.

A. Manpower B. Method

C. Machine D. Materials
A.
MANPOWE
R
As part of the review, answer
the following questions and
select the best answer

2. The cycles to be followed


inadequately fabricating or
conveying a product or service.

A. Machine B. Method
C.Materials D. Manpower
B.
METHOD
As part of the review, answer
the following questions and
select the best answer

3. It relates to innovations that


help business tasks become
normalized and consistent.
Therefore, without it business
activities will be lumbering,
expensive, and with poor quality.

A. Machine B. Method
C.Materials D. Manpower
A.
MACHINE
As part of the review, answer
the following questions and
select the best answer

4. It refers to the raw materials


needed in the production of
products and services.

A. Machine B. Method
C.Materials D. Manpower
C.
MATERIAL
S
LESSON
If someone will ask you to
buy this product, will you
dare to purchase the item?
Think three (3) possible
reasons why you would opt
not to buy the product.
1. _________________
2. _____________
3.___________________
Product Description

A product description is essentially a


depiction of the item or items that are in your
store. They can be clever and interesting or
genuine and forthright. They can even
recount a story to make them more relatable.
You can utilize size aides and other
supportive apparatuses to make your
depictions as accommodating as conceivable
to your clients. The best product description
won't just persuade clients that they need
your item yet that they need it and can't
survive without it! A product description is
your opportunity to explain to individuals why
your organization is the best and why they
should buy your item.
According to Agustin-Acierto (2017),
Product description in project
management is a structured format of
presenting information about a
product. The product description is
the marketing means that clarifies
what an item is and why it merits
buying. The reason for product
description is flexibly clients with
significant data about the highlights
and advantages of the item, so
they're constrained to purchase., so
they’re compelled to buy. In any case,
business people and advertisers the
same are helpless to a typical mix-up
The item or
administration
depiction essentially
portrays how a product
or service functions
and how it benefits the
clients. A reasonable
product or service
description is
significant because
this will fill in as the
In this way, the entrepreneur needs to
observe the accompanying concerning the
product or service description:

1. Define your target market- A good


product description starts with a solid
buyer persona. If you don’t know who is
going to buy your product, you don’t
know what information to include or
leave out in your description. It ought to
straightforwardly address the essential
objective market in an individual way
utilizing regular language. The business
person should place oneself from the
Bear in mind the things like:

Age Interests
Location
Educational Attainment
Gender
Income Status
Language
Preferences
2. Provide product benefits

- It should feature the highlights


that will oblige the client's
needs or address the client's
issues. On the off chance that
we investigate the product
description of the interesting
thing from above, we can see
the key highlights of the product
just as the advantages. The
substance of the product
description ought to persuade
potential buyers that will
improve their lives in self?
3. Be realistic- Realistic
exemplifications ought to be
utilized for the product
description. For example, "top-
notch service or product
greatness" may not make any
difference to the clients by any
means. If one needs in-depth,
accurate descriptions for medical
products. Descriptions should be
with the use of medical
terminology and include a
scientific basis or research
findings.
4. Use influential words that
sell
Influential words such as
amazing, miracle,
revolutionary, or
sensational are words
that can improve the
persuasiveness of
product descriptions.
These are the words that
normally evoke an
enthusiastic reaction to
5. Create an
audience-friendly
content
Speak to your market.
The content should
coordinate what the
audience needs to read
and improve
conversations and
customer retention.
Prototype of
Product
In the wake of defining and
characterizing the product or services,
you may now continue with one of the
most energizing yet in addition to
exceptionally testing pieces of product or
services development. Morato (2016)
discussed that after the initial stage of
conceptualizing the next step would be
designing, prototyping, and testing the
concept. A prototype is a primer model or
sample of another product or service that
is made to test a product idea or service
measure. This is to translate the concept
Agustin-Acierto (2017)
enumerated some general rules
when prototyping invention:
1. Define your goals by simply working
with your team through a series of
brainstorming.
2. Create your design by sketching out
all the ideas created. Design from
paper to computer animated-virtual
prototype.
3. Consult experts to validate your
idea. And make approved revisions.
4. Develop a concept mock-up out of
any possible materials as
representation to create a 3-D model of
Advantages of
Prototype
1. Reduced time and cost. It
improves the nature of the
details and prerequisites gave
to clients. With prototyping,
clients can foresee greater
expenses, required changes
and potential venture
obstacles, and in particular,
potential final product
calamities. Solid prototyping
can guarantee item quality and
reserve funds for a
Advantages of
Prototype

2. It makes it
possible to test the
performance of
various materials.
And describe your
product more
effectively.
Advantages of
Prototype
3. Improved and expanded
customer association:
Prototyping requires client
contribution and empowers them
to see and interface with a
working model of their venture.
With models, clients can give
their quick input, demand
venture changes, and adjust
model particulars. Prototyping in
particular wipes out
misconceptions and
miscommunications during the
Advantages of
1.Prototype
Reduced time and cost. It improves
the nature of the details and
prerequisites gave to clients. With
prototyping, clients can foresee
greater expenses, required changes
and potential venture obstacles, and
in particular, potential final product
calamities. Solid prototyping can
guarantee item quality and reserve
funds for a considerable length of
time to come. 2. It makes it possible
to test the performance of various
materials. And describe your product
more effectively. 3. Improved and
expanded customer association:
Prototyping requires client
contribution and empowers them to
see and interface with a working
Testing of Product
Prototype
Testing prototypes is a characteristic
piece of finalizing designs. No one
needs to ask why clients are not using
an application on how it ought to be
used or why they can't finish a buy on
your site. Also, no one needs to
revamp something that is as of now
been transported. Testing and
validation determine the product
functions and to test if it needs
further analysis. It redefines the
design’s viability. Thus, will help
identify potential in such a way that
Importance of Testing

1. Allows the customer


and the client to decide
the prototype and make
potential upgrades
through criticisms.
Proposals and suggestion
are regularly examined at
this stage
Importance of Testing

2. Production expenses
can be surveyed and
concluded. It tends to be
examined for the possible
expenses.
Importance of Testing

3. A new plan or overhaul


occurs during this stage.
Some portion of the item
can be tried separately,
and not the whole item.
This permits more and
directs the test to be
done.
Importance of Testing

4. The manufacturer
allows the designer to
plan a proficient and
financially savvy creation
line. It unquestionably
prompts a profoundly
serious improvement.
Importance of Testing

5. Provides customer
satisfaction and loyalty.
Importance of Testing

6. Testing and the design


specification should be
done independently to
guarantee a full and
applicable assessment of
a model which is done in
the whole advancement
measure.
Service Description of the
Product
One of the most significant parts of
starting a business is proving that there
is an interest in your product or service.
There is nothing more demoralizing than
investing your time and vitality making
the product or service that you figure
out individuals will cherish; possibly to
understand that there's no premium
when you dispatch. You can approve
your service description with the
expected clients to decide its market
acceptability utilizing various methods.
Here are possible methods
entrepreneurs can make.
1. Survey – According to Morata (2019), is the most preferred
instrument for in?depth quantitative research. The
respondents are asked a variety of questions that are
frequently about their data, their motivations, and their
behavior. You can maximize the use of Typeform, Survey
Monkey, or Google Forms, and send it out to gatherings, to
your companions, and to all individuals who are your optimal
customers. Accumulate their reactions about how they like to
have a few items conveyed, about their needs and their
torments so you will know precisely how to serve them.
Here are possible methods
entrepreneurs can make.
2. Beta Testing is the last round of testing before a product or
service at long last is delivered to a wide crowd. The goal is to
reveal whatever number of bugs or ease of use issues as would
be prudent in this controlled setting. A test variant of the
product can either be paid, or free, and is an incredible method
to get tribute and criticism. Along these lines, the weight is set
to make an incredible product until you have tried that it works
in the manner that you trusted it would
Here are possible methods
entrepreneurs can make.
3. Early Bird Promo is an arrangement or offer that is
accessible at a discounted cost, yet which you should purchase
sooner than you would typically do. Prompt riser limits are
typically accessible toward the start of the period. If
individuals part with cash for your product or service and you
can get a few deals for the thought, at that point you have a
sign this is a thought that will sell.
ACTIVITIES 1
Writing a product description: Think of a product or service
you want to introduce in the market. Using the template
below, write a detailed description of your product or
1 service. 4

2 5

3 6
Activity 2: Design
Draw a simple design ofChallenge:
the product/service you have
chosen. Make an improvised prototype of the product. Use
available materials at home. Take a picture of your output
and paste it in the box below
ACTIVITY 3
AHA!! And HUH? Directions: Write down 2 “ahas” (something that
you learned) and 2 “huhs” (things you still have 4
questions about).
Use the table below.

6
ASSIGNMENT-My well-designed life!
When you are confronted about choices in life! How do
you design thinking to create a joyful, meaningful, and
fulfilling life and achieve your dreams! Sum up your
thoughts in five (5) to eight (8) sentences.
Thank You
F o r Yo u r
Attention

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