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5 Steps to Validate New Hi-Tech Product Planning

Smarter With Gartner

The first and simplest step in hi-tech product planning is to share the concept inside and outside your organization. To start, you should pitch the idea to five or more people within your professional network. Step 5: Release a minimum viable product. Developing and launching a new product is risky.

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How to Scale Organic Traffic (Without Writing a Million Blog Posts)

ConversionXL

In mid-2019, they launched a new feature called “spaces,” which allows users to create content around topics instead of questions. Topics are an important feature for social networks, just as genres are for music or categories for ecommerce sites. Launch Minimum Viable Products (MVPs) when you can.

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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

Activate customers quickly by helping them get the most value from your product or service. Common assets for SaaS companies include: Free trials Product demos Freemium offers with limited features Webinars How to guides Whitepapers. Use surveys to find out what customers value most about your product or service.

Growth 113
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It’s Not a Conversion Problem, It’s a Customer Development Problem

ConversionXL

Not because they have a conversion problem but because they never really nail the product or how to market it. A corporation like Starbucks could pick locations by throwing a dart at a map and know they’ll at least break even with a new location and mediocre customer service. Most startups fail. image source.

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The Ultimate Guide to Entrepreneurship

Hubspot

Some states require it for certain service-oriented businesses as well. Luckily, there are all sorts of things you can do invite luck: Lucky people network. Many businesses that are now household names — like Airbnb and Uber — took multiple launches to succeed. If you sell “tangible property” (i.e., Set yourself up for luck.

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How to Launch on Product Hunt for Extra Revenue

Sales Hacker

This happened largely thanks to our launches on Product Hunt, a community to share and discover the next “big things” in tech. The platform curates a list of the best products and startups that people haven’t heard of yet. If you successfully launch on Product Hunt, you can get new subscribers, partners, and customers.

Launch 90
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How to Use Smoke Tests to Validate Your Product or Feature Ideas

ConversionXL

It’s certainly the way that Dan positions it above, but it can easily be applied to bigger companies looking to test new product ideas, feature ideas, service ideas, etc. Dan’s process proposes something very interesting: that there’s something wrong with the current minimum viable product (MVP) concept.

Product 67