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AprameyaAIย โ€ขย 1y

Is Market Research Real ? Why Your Pre-Launch Research Might Be Misleading Aspiring medial-ers, That meticulous pre-startup research? I t might not be as reliable as you think. Here's why (past experiences) 1. The Research Trap โ€ข Surveys don't always reflect real buying behavior โ€ข People often say one thing, do another 2. Market Dynamics โ€ข Markets can shift rapidly โ€ข Your research might be outdated by launch time 3. The Execution Gap โ€ข Ideas are easy, implementation is hard โ€ข Unforeseen challenges arise during execution 4. Customer Behavior Surprises โ€ข Actual user behavior often differs from predictions โ€ข Pain points you solve may not be the ones you anticipated 5. Competition Moves โ€ข Competitors may launch similar products โ€ข Market positioning can change quickly 6. Regulatory Curveballs โ€ข Laws and regulations can change โ€ข Compliance issues may arise unexpectedly 7. Resource Realities โ€ข Actual costs often exceed projections โ€ข Time to market may be longer than expected Real-life Example: My Startup in COVID for my District Medtech Communication app, 2 spent months researching the perfect product-market fit for my app. Their surveys showed overwhelming interest. Post-launch? Crickets. Why? I didn't account for the gap between expressed interest and actual commitment to lifestyle changes due to COVID, especially rural areas Key Takeaways: โ€ข Research is important, but don't be slaves to it, perfection is killer of Launch โ€ข Be prepared to pivot based on real-world feedback, it will be harsh asf โ€ข Build flexibility into your business model, you never know when your edtech app will become dating platform โ€ข Embrace the "build-measure-learn" loop "No business plan survives first contact with customers." - Steve Blank Remember: The real learning begins after you launch. Stay agile, listen to your customers, and be ready to adapt quickly. Have you experienced a stark difference between your pre-launch expectations and post-launch reality? PS: Some tips on MR down! โคต๏ธ Do follow for more!

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