Devlight
Apr 18, 2023
No image
Ongoing
Bussines diversification: a neobank-app for Vodafone
$50,000+
more 1 year
Ukraine, Kiev
2-5
Service categories
Service Lines
Mobile Development
Domain focus
Banking & Financial Services
Subcategories
Mobile Development
Android
iOS
Challenge
As clients assessed the fintech industry as quite new for them, they wanted to hear more suggestions from us on where they have to focus. So our task is logically divided into two parts:
- Market and customer investigations were doing everything to find strong needs and pains that can be covered by a service that can be owned by the client;
- Prototyping the service based on the app according to the data we collect on the first step and testing its viability. Presenting the app prototype with all inner and outer processes explanations to the client.
As clients assessed the fintech industry as quite new for them, they wanted to hear more suggestions from us on where they have to focus. So our task is logically divided into two parts:
- Market and customer investigations were doing everything to find strong needs and pains that can be covered by a service that can be owned by the client;
- Prototyping the service based on the app according to the data we collect on the first step and testing its viability. Presenting the app prototype with all inner and outer processes explanations to the client.
Solution
Conduct Market research:
- competitors research
- user research
- business model research
- trend research
Customer development:
- hypothesis creation
- user profiling & segmentation
- user service & in-depth interview
Business modeling:
- BMC design
- cost structure calculating
- revenue structure forecasting
- BEP & ROI modeling
Customer orchestration:
- customer journey mapping
- service blueprint desing
- customer funnels design
Design a unique value proposition:
- user jobs mapping
- pains & gains discovery
- pain relievers & gains creators
- proposed solutions
Concept testing:
- VP testing with the client
- high fidelity prototype user testing via Maze
Conduct Market research:
- competitors research
- user research
- business model research
- trend research
Customer development:
- hypothesis creation
- user profiling & segmentation
- user service & in-depth interview
Business modeling:
- BMC design
- cost structure calculating
- revenue structure forecasting
- BEP & ROI modeling
Customer orchestration:
- customer journey mapping
- service blueprint desing
- customer funnels design
Design a unique value proposition:
- user jobs mapping
- pains & gains discovery
- pain relievers & gains creators
- proposed solutions
Concept testing:
- VP testing with the client
- high fidelity prototype user testing via Maze
Results
Vodafone was pleased with the prototype and business model that we developed for their project. We found a way to land a massive telecommunications giant on a completely new market based on a tested and prototyped viable service.
- 40+ hours of online conferences, meetings & in-depth interviews
- 2500+ participants in the quantitative survey
Vodafone was pleased with the prototype and business model that we developed for their project. We found a way to land a massive telecommunications giant on a completely new market based on a tested and prototyped viable service.
- 40+ hours of online conferences, meetings & in-depth interviews
- 2500+ participants in the quantitative survey