Validation of a new project, validation has the ability to separate your emotions from an idea and look at it objectively and the best way to achieve this is to benefit from external comments. You can get comments from representatives of the target audience as well as field experts so in this article we will talk about validating a project. new
New project validation
Step 1. Proof of Concept
During this process, you need to put your startup idea aside.
Think about your target audience and their experience, and you will gain important insights into how they see your product.
It is also the best way to analyze a product if they find it attractive and necessary.
Start gathering information by conducting a business case study of the problem that your product will solve.
And try to collect answers to these four crucial questions:
How are people solving this problem now?
Who exactly are my competitors?
In which way would my solution be best?
What are some of the ways my solution differs from others?
Your assumptions are now closer to reality than before since they are still assumptions, so you need a target audience to verify them for you.
As an entrepreneur, you can find many tools that can help you gather feedback from users.
These tools include extensive market research, spreadsheets, landing pages, interviews, email distribution, etc.
For example, if you would like to receive feedback about a mobile game, you plan to develop inviting players to participate in providing your input as early as the graphic design development phase.
You will be amazed to see how many unique responses you will get and this strategy also helps you create brand awareness among people as well as attract innovators and early adopters.
When should you build a product prototype?
The prototype is the simplest working interactive prototype of the final product you’ll create.
It can help communicate design and function aspects to future clients, investors, and other stakeholders.
But the primary function of a prototype is to visualize the idea you have and you can use it to verify your theories in practice.
When testing the prototype, you may come across many new ideas that have useful functions.
You can also identify problem areas early on.
Fixing most bugs and making the necessary changes during this initial stage will cost you less.
When you have a suitable prototype test, you can really get started developing MVP, which is an abstract form of your final product.
During the first stage of development, the prototype helps fix many issues.
But MVP is designed explicitly to elicit end-user reactions when launching the actual product for a real-world test.
Hiring a professional team is vital when creating an MVP as it is a real product.
Realize the fact that there are hundreds of apps and services developed and released monthly in the market.
The product has to look great if you want to beat the competition.
It is imperative that you understand that customers will not give you an exception just because you are “trying something new”.
If you fail to offer the best product, they may simply choose your competitor’s product.
That’s why you have to take MVP very seriously and you can’t just launch a loppy version of your end product.
It should be a properly designed functional product although it has only limited functionality.
These are the three important steps you need to take to validate the business idea for your product.
By following these steps, you will quickly realize whether your idea has market potential without spending too much.
Idea validation is critical because it can help you remove bugs and not-so-great features.
It’s the best way to improve your overall product before launching it