AprameyaAIย โขย 1y
Identify Your Startupโs Target Demographic in Just 1 Day? Hereโs the truth: expecting to nail down your ideal customers in just one day is a fantasy (might work for short term biz) but hurt your business in the long run (which is essential for startup) 1. Analyze Your Product Sure, you can list features in a day, but deeply understanding how your product solves real problems? That requires thorough market feedback, iterations, and testing. According to CBIn, 35% of startups fail because thereโs no market need for their product. You donโt figure that out overnight and if you do so it'll be kinda vague 2. Customer Segmentation Segmenting customers based on age, gender, interests, and location sounds greatโif it were that simple. It took Spotify years of data-driven refinement to understand its audience. Trying to cram this into 24 hours might lead to a broad, shallow understanding that misses the mark, sometimes product targeted to teens are brought by aunties (iykyk) 3. Competitor Analysis You can find your competitors in a day, sure. But truly understanding their audience, marketing strategies, and weaknesses? Thatโs an ongoing process. A McKinsey study found that competitive advantage comes from continuously learning from your market, not just a one-time look. (Eg: medial is doing it everyday) 4. Create Buyer Personas I agree with this point but Crafting buyer personas in a day is like writing a novel after reading a few blog posts. Real personas are built on interviews, real-world data, and behavior patternsโnot assumptions. Companies that use detailed personas see 56% better lead quality, but it takes more than a day to get there. (Even a week too) 5. Use Analytics Tools Analytics are helpful, but they wonโt give you all the answers in a single day. You need time to gather data, spot trends, and understand whatโs actually working in market and what NOT TO DO . For instance, HubSpot reports that companies using data-driven marketing strategies are six times more likely to be profitable year-over-year. Thatโs not happening in 24 hours. Quick tips might sound good in theory, but in practice, the real work takes time, effort, and lots of testing.
Founder Snippetz Lab...ย โขย 7m
If you have to convince people your product is useful, itโs probably not. Real value doesnโt need a sales pitchโit speaks for itself. If people arenโt getting it, the problem isnโt their understanding, itโs your product. Fix that first.
Thatmoonemojiguy ๐ย โขย 6m
Understanding Product-Market Fit Product-market fit (PMF) happens when your product meets a strong market demand. Itโs when customers not only buy but also love and recommend your product. Without PMF, even great marketing wonโt lead to sustainable
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Imagine generating โน20L per day, only to see your business collapse overnight. An Amazon seller faced this after rejecting a buyout offer. Allegedly, Amazon suppressed their product in search results and launched its own version using the seller's da
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Macwise Capitalย โขย 1m
Your runway hits 30 days...Your product is amazing but revenue is $0... "But my industry takes time to adopt new solutions!" ๐คทโโ๏ธ #70 Started: What's the REAL reason customers aren't paying you Day 1? BRUTAL WAKE-UP CALL: Every industry has compani
See MoreI am > I was .ย โขย 1m
Day 7 of my 30-day Business & Entrepreneurship series ๐ Every successful business, from your local coffee shop to a global tech giant, knows exactly who theyโre building for. Itโs never โeveryoneโ โ itโs the right someone. Todayโs edition is a
See MoreMarketing & Systems ...ย โขย 9m
Innovation: It's Messier Than You Think. Ever feel like innovation is just about launching new products and technologies? Think again. Itโs a process of testing, learning, and sometimes, killing ideas before they grow. ๐ Real innovation starts wit
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The Smartest analytics hack: In a casual chat with a senior data analyst (a true beauty with brains), she dropped a brilliant insight that flipped the way I thought about product features. Most product teams in companies wait until a feature is liv
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Medialย โขย 1y
The Startup Playbook: Insights from Y Combinator Episode 2: How to Build Products Users Love? - Building products that users love starts with a deep understanding of your usersโ needs. - Conduct user research early and consistently to ensure you
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