5 WAYS TO PROVE THERE IS A REAL MARKET NEED FOR YOUR PRODUCT
5 WAYS TO PROVE THERE IS A REAL MARKET NEED FOR YOUR PRODUCT
In this article, we discuss five effective ways to demonstrate a genuine market need for your product, as outlined by Itay Sagie. Sagie provides practical strategies for validating market demand, including conducting thorough market research, gathering customer feedback, analyzing competitors, running pilot programs, and using data-driven metrics. He emphasizes the importance of building a compelling case for your product's relevance and value to potential investors and stakeholders. By employing these methods, startups can better prove that there is a substantial market need for their product, enhancing their chances of securing investment and achieving market success.