
Media TechApr 11, 2022
Concept validation for new product launch by digital lender providing media services
Objective
A large PE fund wanted to understand the whole media tech landscape to find a potential target that is also a fit for their investment thesis, meeting both commercial and social impact benchmarks
Methodology
- Conducted survey (N = 500) with customers belonging to five metros and having some experience in using short video app services
- Identified customer behavior towards their existing platforms of usage, their media consumption behavior, and usage of different online services
- Presented various concepts related to the upcoming and existing product offerings and tested their likeliness toward them
- Deep-dived the validation with in-depth interviews (N = 100) with different customer segments based on their demography, past credit behavior, and likeliness toward offerings
- Understood customer behavior toward different the selection of features on the app and the strengths and weaknesses of different product offerings of the client
Impact / Outcome
- The client validated and tested the upcoming features across major cities and looked forward to developing a marketing and advertising strategy through different media platforms












