Identified Problem and Identified Solution

Assignment Instructions: Identified Problem and Solution I'd like you to identify a specific problem your business will address and develop a solution as a product or service. (you will create your own business) II. Identified Problem (1 Page) Step 1: Problem Identification Please begin with a concise statement of the problem that your potential customers are having. This should be a clear and direct statement that anyone reading can understand immediately. Step 2: Explanation Expand on the problem statement. Please provide some background information, elaborate on the problem's context, and explain why this problem is significant. Step 3: Customer Pain Points Detail the negative emotions, inconveniences, and difficulties your potential customers face due to this problem. Use storytelling techniques to create empathy and understanding. Step 4: Supporting Evidence Provide evidence to support the existence and severity of the problem. This can include statistics, customer testimonies, market research, etc. Step 5: Conclusion End this section with a concluding statement that re-emphasizes the importance of the problem and sets the stage for your solution. III. Identified Solution (1 Page) Step 1: Solution Descriiption: Start with a concise product or service descriiption. Please ensure it's easy to understand for someone unfamiliar with your business or industry. Step 2: Link to the Problem. Could you explain how your solution addresses the problem identified in the previous section? Could you specify how your product or service tackles the pain points you described? Step 3: Unique Selling Proposition Could you highlight what makes your solution unique compared to existing solutions? This could be a particular feature, an innovative approach, a new technology, or anything that sets your answer apart from the competition. Step 4: Customer Benefits Describe the positive outcomes for your customers after using your product or service. Use storytelling techniques to illustrate how their emotional state changes, how their life improves, or how the solution relieves their pain points. Step 5: Supporting Evidence Could you provide evidence to support the effectiveness and viability of your solution? This can include data from initial tests, surveys, customer testimonials, etc. Step 6: Conclusion Could you conclude this section by summarizing why your solution is the best option to solve the identified problem? This statement should generate interest and make the reader want to learn more about your business. Remember to be concise and stick to one page for each section. Your writing should be clear, specific, and evidence-based. Use storytelling techniques to illustrate the problem and solution effectively