Podcast
Questions and Answers
What are some ways to validate a product idea?
What are some ways to validate a product idea?
Sharing the idea with the target market on online forums, sending out an online survey, starting a crowdfunding campaign, test marketing, researching market demand using Google Trends, launching a product launch roadmap, and asking for initial feedback on forums like Reddit.
What should be avoided when validating a product idea?
What should be avoided when validating a product idea?
Overvaluing feedback from people who “definitely would buy” if the product was created, as well as asking advice from family and friends who lack prior experience.
What is a feasibility study and why should it be done?
What is a feasibility study and why should it be done?
A feasibility study is an assessment of whether a proposed idea is worth investing in, or not. It should be done to ensure that time, money and effort are not wasted on an idea that will not sell.
