During these two weeks, I have been collecting feedback on our group’s venture idea. In my personal opinion, a great step forward for the public transport operators. An entertainment platform, only accessible through NFC tags in Stockholm’s public transport by using a smartphone or tablet. Sound cool, doesn’t it? Here is a summary of the feedback I received:

  1. I tried to collect feedback from five person with different background, here is a description of the people:
  • A friend with no academic background
  • A friend halfway through his studies in Computer and System Science
  • A colleague from the marketing department of my current job
  • A student (and friend) from KTH
  • A man, much older than the four above. Age ~50.
  1. The feedback was in general very good. I realized that the description of the actual product is very important. As I was about to describe it to the last person, who lucky was the older man, I already knew which aspect that would be harder to explain, and already had adjusted this explanation, which maybe is the goal of this exercise. Anyway, all the younger people though that this idea was great and that they absolutely would use it was a part of the city’s public transport. I got a lot of feedback on the content of the website, and how companies could advertise here. The older man was a little more But he admitted that it was a great and modern product that probably would be used by the majority of the younger population but also by a big portion of his generation.
  1. This was very interesting to observe. I noticed that the two persons with a tech education asked the more advanced questions, about the actual execution of the idea. My colleague, a talented marketer, had his focus on the actual content. The older man addressed the question of easy functions and interface.
  1. The idea will not change after this, but rather gave me further motivation to continue working on this idea. What I actually learned was, as mentioned before,that the description of the product has to a very clear one; to travelers, companies with content on the platform and potential future investors.

My recommendation to those of you who have not collected feedback yet – try to be as diverse as possible when choosing these persons.

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2 Thoughts on “Venture idea – Feedback

  1. marcunil on October 9, 2016 at 5:56 pm said:

    Interesting! Would you consider him as someone in your target group for the business idea or were your intentions just to get general feedback?

    • Thank you for the comment, Marcus! By him I assume that you are talking about the older man, correct me if I am wrong. I would absolutely consider him as someone in the target group, at least when it comes to the content on the platform. Perhaps it would be silly to claim that we expect people in that age group to use the platform to the same extent as the younger, but we surely want to reach them too, making his feedback very useful.

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