Some products need to be experienced to really understand their value. However, it would be best to test a concept with the market before sinking a lot of money into it. Any examples of how you or someone else did this would be helpful.
A great idea is 1% of the work. Execution is the other 99%. In this course, we’ll teach you how to conduct market analysis, create an MVP and pivot (if needed), launch your business, survey customers, iterate your product/service based on feedback, and gain traction quickly.
Questioner, Collaborator, Believer in Customer Understanding, Facilitation and Planning
October 8th, 2016
My partner wrote a blog about this a while back: http://wp.me/p7FgV2-kk It takes some imagination and just plain hard work, but anything is doable.
Let me know if we can help.
Inquisitive learner, voracious reader and technology enthusiast
October 8th, 2016
As ridiculous as it sounds, the best way is to test early and often. Find folks in your target audience (or consultants to them) and show them something - I have no idea what industry you are in. In Nordstrom's design thinking bootcamp (where quite a few of their big ideas have originated), they send folks to the street (because you can find their customer there) with ideas displayed with notecards and crayons. The important part is that you ask, you ask why and you very openly and non-defensively accept the input. I'm sure folks here would even be open to helping. If you are tech, sketch a UI by hand or use PowerPoint to put together a basic flow and just get reactions.
In one past life, developing a consumer telecom device, we had 12 prototypes and put them through four different focus/user groups - at about $3000 per device. It was expensive but the input was crucial. It modified the end product significant and usefully.