read instuctions: Value innovation paper You will generate a new product idea based on the need of chosen customers, and develop a marketing strategy to introduce this product.

Imagine Brita has asked you to come up with a new product idea to satisfy the need of

consumers. In your paper, answer the following questions:
1. Select a customer segment, and describe which of their need you are trying satisfy
– You may choose one from the segmentation study table, or a different group of people with a specific need
2. Describe your product idea, and explain how it can satisfy the need of the chosen customer segment
3. Draw a strategy canvas that includes: 1) current products/solutions available in the relevant market, and 2) an ideal value curve for your new product
– A strategy canvas template is available on Webcampus
4. Explain your new product’s value curve with the four actions framework (eliminate, reduce, create, raise)
– Consider all four to create a new value curve
5. Develop a positioning statement for your new product: “To (customer segment and its need), (brand/product) is (concept) that offers (point of difference)”
See Files attached

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