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Product Management Strategy Question: Designing a revenue-generating app for museums with virtual tours and interactive content

Design an app that helps a museum make money.

Product Design Medium Member-only
Product Design Monetization Strategy User Segmentation Museums Cultural Institutions EdTech
User Experience Product Strategy Digital Transformation Revenue Generation Museum Tech

Introduction

Designing an app to help a museum make money is an intriguing challenge that sits at the intersection of culture, technology, and business. Museums often struggle with balancing their educational mission and financial sustainability. This app presents an opportunity to innovate in the cultural sector and create new revenue streams. I'll approach this by first clarifying the context, then analyzing the market and user needs, before proposing and prioritizing solutions.

Tip

Does this approach sound good to you? I'm happy to adjust if you have any specific areas you'd like me to focus on.

Step 1

Clarifying Questions (3 minutes)

  • Based on the problem description, I'm thinking this might be for a specific museum rather than a generic solution. Is that correct?

Why it matters: Helps tailor the solution to a specific museum's needs and resources. Expected answer: Yes, for a mid-sized art museum. Impact on approach: Would focus on art-specific features and consider the museum's existing infrastructure.

  • I'm assuming this is a new initiative for the museum. Are there any existing digital solutions in place that we need to consider or integrate with?

Why it matters: Determines if we're building from scratch or enhancing existing systems. Expected answer: The museum has a basic website with ticket sales. Impact on approach: Would look at integrating with and expanding current online presence.

  • Given the focus on making money, I'm curious about the museum's current revenue streams. Are we looking to enhance existing ones or create entirely new revenue channels?

Why it matters: Guides the direction of our monetization strategy. Expected answer: Both - enhance ticket sales and create new digital revenue streams. Impact on approach: Would explore a mix of traditional and innovative monetization methods.

Propose the Goal

Given the museum's focus on financial sustainability, I believe the goal is to create an app that increases overall revenue by 25% within the first year of launch, through a combination of enhanced visitor experiences and new digital offerings. Does this align with your vision?

Define the Scope

For this product design challenge, should we focus on both on-site and off-site experiences, or prioritize one over the other?

Based on the answers, I'll assume we're designing for a mid-sized art museum, integrating with their existing website, and focusing on both on-site and off-site experiences to maximize revenue potential.

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