Question
The specific problem that a product or service aims to solve varies depending on the nature of the product or service. However, in general, a product or service aims to solve a problem or meet a need that is currently unmet or inadequately met in the market. This could be anything from providing a more efficient way to complete a task, to offering a solution to a complex issue in a specific industry. The key is to identify a significant problem that your target audience faces and then design a product or service that effectively solves that problem.
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With this slide, introduce the problem your product or service is aiming to solve. Remember that the more severe the problem that your company is solving, the more valuable your solution will be in the eyes of the stakeholders. As you can see from the statistics below, "the team slide can affect 90% of the business idea ability to take off the ground." Use this slide to introduce and give credit to the amazing talent that's got your back. Using testimonials in your pitch not only helps you to answer the audience's question of "why you?" but also allows to transform your sales pitch into a credible, unbiased recommendation for your product," per "Entrepreneur."
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