Is there one tool that can tell you the Market needs my Product? How do you find the gap in the market? where do you look for what people are repeatedly in need of? Where are your target customers looking for a solution?
One of the basic questions that pop up when we start our business is whether the market needs my product. It is a simple yet powerful question that makes us ponder over the capabilities and functionalities of our product. We need to assure ourselves that we provide value to potential customers. Here Prasanna talks about sources like yahoo answers and Upwork.
How to find out if my service is good enough and the market needs my product? Are there reliable online sources to help us? Does it make sense to confine our research to any set of tools?
In this video, Prasanna Krishnamoorthy explains the way to figure out if the market needs my product. He tells us why it is best to solve a problem rather than building a business. He is Partner in Value Saas Catalyst firm Upekkha. He enjoys coaching young entrepreneurs and worked with Microsoft Accelerator. Moreover, he also authored various articles on start-ups, product management, and crafted frameworks for product-market fit.
This video is part of Start-up 101 series, a handbook for all your start-up questions. They are a series of crisp, straight to the point solutions to all the possible queries. Here our start-up Gurus strengthens your basics, before maneuvering your way through nuances of startups.