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  • Send Ko Daw

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    Jami Ngo
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    This document outlines a potential new lip balm product. It identifies problems with existing lip balms such as being chapped, misplaced, or expensive. Current alternatives include lip exfoliators and moisturizing lip products. The proposed solution involves a lip balm housed inside a trendy pendant and chain, providing protection and style. Key aspects that were not defined include the solution itself, customer segments, metrics, concepts, distribution channels, early adopters, costs, and revenue model.

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    This document outlines a potential new lip balm product. It identifies problems with existing lip balms such as being chapped, misplaced, or expensive. Current alternatives include lip exfoliators and moisturizing lip products. The proposed solution involves a lip balm housed inside a trendy pendant and chain, providing protection and style. Key aspects that were not defined include the solution itself, customer segments, metrics, concepts, distribution channels, early adopters, costs, and revenue model.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4 views1 page

    Send Ko Daw

    Uploaded by

    Jami Ngo
    This document outlines a potential new lip balm product. It identifies problems with existing lip balms such as being chapped, misplaced, or expensive. Current alternatives include lip exfoliators and moisturizing lip products. The proposed solution involves a lip balm housed inside a trendy pendant and chain, providing protection and style. Key aspects that were not defined include the solution itself, customer segments, metrics, concepts, distribution channels, early adopters, costs, and revenue model.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Lip balm

    Problem/s:

     Chapped lips
     Being misplaced
     Expensive*

    Existing Alternatives

     Lip exfoliators
     Moisturizing and hydrating lip products

    Solution:

    Unique Value Proposition:

     This product is unique in the way It comes with trendy pendants and non-tarnish
    chains. The lip balm is located inside the pendant
    Unfair Advantage:

    Costumer Segments:

    Existing Alternatives:

    Key Metrics:

    High Level Concepts:

    Channels:

    Early Adopters:

    Cost Structure:

    Revenue Streams:

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