Strategy question

Imagine a product that helps farmers to get a better value for the crops they sell at the local markets. How would you go to market with this? Focus on generating incentives for both supply and demand side. Design the product.

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What this question tests

Tests two sided marketplace strategy: designing incentives for both supply, farmers, and demand, local buyers, in a resource constrained market.

How to approach it

  1. Define both sides precisely: smallholder farmers selling at local markets, and buyers ranging from local traders to end consumers.
  2. Identify the core problem: farmers often lack price transparency and bargaining power against intermediaries, capturing less value.
  3. Propose the product: a simple mobile tool showing real time local market prices plus direct buyer connections, usable on basic phones.
  4. Design supply side incentives: better realized prices and reduced dependence on middlemen build farmer trust and adoption.
  5. Design demand side incentives: buyers get more reliable supply and quality information, worth a small transaction fee.
  6. Define success: average price uplift farmers realize and repeat usage rate among both sides.

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