Page 492 - Value Proposition Design: How to Create Products and Services Customers Want - PDFDrive.com
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Choose	a	Mix	of	Experiments

Every	experiment	has	strengths	and	weaknesses.	Some
are	quick	and	cheap	but	produce	less	reliable	evidence.
Some	produce	more	reliable	evidence	but	require	more
time	and	money	to	execute.

Consider	cost,	data	reliability,	and	time	required	when
you	design	your	mix	of	experiments.	As	a	rule	of	thumb,
start	cheap	when	uncertainty	is	high	and	increase	your
spending	on	experiments	with	increasing	certainty.

                               DEF-I-NI-TION

                 Experiment

                       A	procedure	to	validate	or	invalidate	a	value	proposition
                       or	business	model	hypothesis	that	produces	evidence.
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