The Rent the Runway team performed three tests to see whether there was sufficient demand for their
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Question:
The Rent the Runway team performed three tests to see whether there was sufficient demand for their idea of founding a company that would rent designer dresses to young women:
- A trunk show at Harvard where women could try the dresses before renting them.
- A trunk show at Yale where women could see but not try the dresses before renting them.
- Emailing PDFs with pictures of dresses that could be rented by phone to a sample of
1,000 women. - Why didn't Rent the Runway begin directly with Test 3 (the PDF test)?
Provide one example of a situation when the lean-startup tenet "launch early and often" cannot be applied or when there is little value in applying it. (One example in total is sufficient.)
Related Book For
Introductory Statistics Exploring The World Through Data
ISBN: 9780321978271
2nd Edition
Authors: Robert Gould, Colleen Ryan
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