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Case
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Reference no. 817-0093-1B
Subject category: Entrepreneurship
Originally published in: 2017
Length: 7 pages
Data source: Field research

Abstract

This is part of a case series. Acknowledging that the start-up’s marketing and sales plans weren’t succeeding as hoped, and after discovering a clue about a potential but undefined new market, the Plumis founders had to take a decision about whether and how to pursue this uncertain new prospect, to save the company from insolvency and retain the confidence of investors. The B section illustrates the steps the company took to bring the Automist product to market with better results, thanks to lessons learned and a more exploratory approach to market discovery.
Location:
Other setting(s):
2008-2011

About

Abstract

This is part of a case series. Acknowledging that the start-up’s marketing and sales plans weren’t succeeding as hoped, and after discovering a clue about a potential but undefined new market, the Plumis founders had to take a decision about whether and how to pursue this uncertain new prospect, to save the company from insolvency and retain the confidence of investors. The B section illustrates the steps the company took to bring the Automist product to market with better results, thanks to lessons learned and a more exploratory approach to market discovery.

Settings

Location:
Other setting(s):
2008-2011

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