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The creation of Danbits - how to test af startup in 10 weeks

Jan 13, 2015

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Yggdrasil.me

The concept described is how to build a web searchengine within a niche vertical, and test it lean on a small market (Denmark). The slidedeck was used at an examination at the Danish IT University in Digital Entrepreneurship.

Read the full story on how we did it here http://blog.yggdrasil.me/post/53587766041/how-we-build-and-validated-a-startup-concept-in-10 and see the process of which is was done in video here https://vimeo.com/64520024
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Page 1: The creation of Danbits - how to test af startup in 10 weeks
Page 2: The creation of Danbits - how to test af startup in 10 weeks

It’s a jungle!

Page 3: The creation of Danbits - how to test af startup in 10 weeks

MarketUntrustworthy - Confusion - Many

designs

Target group: New mothers - Confused period - No prior experience - they wont go out and shop as much

Page 4: The creation of Danbits - how to test af startup in 10 weeks

SolutionDanbits creates a bridge between webshops and users by selectively exposing the buyers

to recognized sellers.

1 Search

2 Featured

Page 5: The creation of Danbits - how to test af startup in 10 weeks

Childrenclothes?Where should I look!

Buy!

(affiliate)

Page 6: The creation of Danbits - how to test af startup in 10 weeks
Page 7: The creation of Danbits - how to test af startup in 10 weeks
Page 8: The creation of Danbits - how to test af startup in 10 weeks

Our process: http://vimeo.com/64520024

Page 9: The creation of Danbits - how to test af startup in 10 weeks

Theory of Science

Page 10: The creation of Danbits - how to test af startup in 10 weeks

Hypothehis validation- previewing a data centrisk approach

Page 11: The creation of Danbits - how to test af startup in 10 weeks

What are people looking for?

✓Words used in the search engine. Information used to chose featured products.

What are people doing?

✓Which featured products do people look at?

✓How much time do users spend on the site?Converse

shoosHummel dress

Molo flyverdragt

Pompom sutsko

Hollys body

Initial tracking points

Page 12: The creation of Danbits - how to test af startup in 10 weeks

AB testing: Test 1

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BAD result!

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SUPER BAD results!

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AB testing: Test 2 (two changes)

Page 16: The creation of Danbits - how to test af startup in 10 weeks

Good improvement

Page 17: The creation of Danbits - how to test af startup in 10 weeks

Awesome improvement!

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Where are we:

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✓.

Where are we:

Page 20: The creation of Danbits - how to test af startup in 10 weeks

✓. ✓.( )

Where are we:

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✓. ✓.( )

Where are we:

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Next steps:

✓ Optimize site further

✓ Customer acquisition

✓ Focus on revenue

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Continue to:

Page 24: The creation of Danbits - how to test af startup in 10 weeks

Thank you for your time :)

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