Vatorx2
Value on Board
Location: Budapest, Hungary Hungary
Founded in: 2018
Stage: Pre-launch
Number of employees: 1-5
Short URL: vator.co/value-on-board
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Value on Board

Get the right product to your market
Startup/business
Budapest, Hungary Hungary
https://www.valueonboard.com/
  • About
Company description

Value on Board is a cloud-based solution that guides startups through the problem solution fit phase. It helps them get to know their market, find their niche and their unique value proposition. The philosophy behind our solution is to spare users from knowing all the frameworks by heart. Instead, we just guide them with questions and a chat based survey so they can build their customer profiles and value maps without being bizdev experts.

According to a CBInsights study, most startups fail or go bankrupt in the first year because their product is not needed on its market. Value on Board aims to help these startups and those who are before pivoting to head in the right direction where their product can offer a real solution to their customers based on valid data collected from their target audience.

https://www.cbinsights.com/research/startup-failure-reasons-top/

We'd like to help startups to get the right product to the market more importantly to make products that solve real problems. First with a chat based survey they can explore their market. Based on the fills of the chat survey a customer profile is generated automatically which will show the most important pains, gains, and jobs. Startups can map their solution to the customer profile and see how valuable their product is and what to add.


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Team
Business model

We're going to operate with a freemium business model. Our free version will allow limited access to the details of customer profiles. Our users will be already engaged to use Value on Board and because of our built-in paying points, they will be motivated to become subscribers. Our solution has strong virality potential.

Competitive advantage

Our unique value proposition is that our product shows the most important pains gains and jobs that a new product has to solve. This way startups will know what product to launch and how to create a valuable solution. More importantly, they get a full guide within one software that is half or third the price of an agency, a coach and a mentor who probably can provide this know-how for them.