Fastest Way To Validate A Business Idea

Hey Everyone,

I was just wondering who in here has a good strategy for SaaS business idea validation?

I'm thinking of collecting pre-orders (annual access to mid tier package at 80% OFF - $499) but not sure how I'm going to convince people to pay for a product that doesn't exist yet - and probably won't for a few months at least.

Anyone got tips, or experience with this?

Thanks

Mohamad A

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Pitch

on July 5, 2021

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B2B customers aren't going to pre-order a product that doesn't exist yet. This might work for the consumer space but not in B2B.

It's the only way to know if your business idea has any legs is you have to talk to prospective customers. You first need to identify your target customer. Then you need to conduct user interviews on about ~10 of those people. Find real life people to talk to about the topic. Leverage your network or find people on Linkedin and throw them an amazon gift card in exchange for a 30 minute call. This video is a great tutorial on how to conduct user interviews https://www.youtube.com/watch?v=qAws7eXItMk

After these user interviews you should have a good idea if you are headed in the right direction with your idea. More than likely these interviews will help guide you in a better direction than you were heading before.

MikeSignorella

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3 years ago
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