AprameyaAIย โขย 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 โข Surveys don't always reflect real buying behavior โข People often say one thing, do another 2. Market Dynamics โข Markets can shift rapidly โข Your research might be outdated by launch time 3. The Execution Gap โข Ideas are easy, implementation is hard โข Unforeseen challenges arise during execution 4. Customer Behavior Surprises โข Actual user behavior often differs from predictions โข Pain points you solve may not be the ones you anticipated 5. Competition Moves โข Competitors may launch similar products โข Market positioning can change quickly 6. Regulatory Curveballs โข Laws and regulations can change โข Compliance issues may arise unexpectedly 7. Resource Realities โข Actual costs often exceed projections โข 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: โข Research is important, but don't be slaves to it, perfection is killer of Launch โข Be prepared to pivot based on real-world feedback, it will be harsh asf โข Build flexibility into your business model, you never know when your edtech app will become dating platform โข 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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Macwise Capitalย โขย 2m
You sent 1,000 generic surveys... "Would you use our product? Yes/No" But your actual customers came from nowhere you expected ๐คฏ #64: What ACTUALLY helped you find your real target customer? HARSH REALITY: Surveys tell you what people THINK they w
See MoreGrowth Marketing Hea...ย โขย 7m
Having a startup idea is just the beginning Transforming it into a viable business requires aligning it with market needs and practicality. An idea alone is merely a concept, but when backed by thorough research and strategic planning, it becomes
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