Questions

I have a product idea for a very specific niche (university students living on campus). When does the product validation take place? before creating a simple business plan and a website? or after having the website and social media running?

Hi,
as mentioned in previous answers, the sooner you test the product the better, so I would recommend before doing the business plan, launching your website and social media running, as all of these need time and financial investments, which will be lost if the product fails the validation. As you mentioned, that the product is for university students living on campus, you should be able to validate the product easily on the campus. You can do also AB testing if you are deciding between 2 or more product options, to seen which option would be preferred by your niche group.
Wish you good luck,
Sabina


Answered 2 years ago

Unlock Startups Unlimited

Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.

Already a member? Sign in

Copyright © 2021 Startups.com LLC. All rights reserved.