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Formulate your business hypotheses









                After conducting a SWOT analysis of her business (see Module 7 –

                Product/service development and business plan), Pamela realised that

                her Instagram page with over 50 thousand followers was her business

                strength.


                However, one of her main digital business weaknesses was the

                recognition that her sole revenue stream relied in the collaboration with

                art suppliers for marketing purposes.



                Hence, she decided to include in her business model canvas an additional
                service: online painting lessons for all.



                Her assumption was that her Instagram followers were art lovers. So,

                being able to learn how to use digital painting tools would be something

                they would be willing to pay for.
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