Validating stories on the internet best intimidating phrases


25-Jun-2020 09:06

Market research, surveys, and feedback from friends and family can point you in the right direction, but real product validation only happens when money changes hands.

For us, that happened at the first few shows we went to, where complete strangers bought our product.

Exploring the current market can also help you mitigate risk and build confidence in your idea before investing too much time and money.

Our second suggestion is to evaluate the market for your product as it stands today to ensure there’s enough demand to build a viable business.

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A third strategy you can use to validate your product and its market is to analyze demand and search volume.

Learn More: How to Conduct a Competitive Analysis Remember not to get discouraged when you see competitors that have already grown big businesses.



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