Whats the most proven way to actually determine if there is a market?
Content Summary
Opinion Analysis
Mainstream opinion strongly advocates direct customer interviews as the most reliable validation method. u/grecotigris argues this approach is underutilized as entrepreneurs often prioritize premature actions like running ads. u/Mohammed_Laouer and u/Big_Tangelo_361 support MVP development and pilot testing. u/enderballz introduces an economic perspective, suggesting supply-demand analysis as validation metric. Minor disagreement exists on implementation: OP questions how MVP approach applies to service-based businesses. No significant controversy emerges, with all commenters aligning on customer-centric validation over assumptions. The debate centers on execution tactics rather than core philosophy.
SAAS TOOLS
SaaS | URL | Category | Features/Notes |
---|---|---|---|
No specific SaaS tools mentioned | N/A | N/A | N/A |
USER NEEDS
Pain Points:
- Uncertainty about market demand for new business ideas
- Difficulty validating if businesses are willing to change operations
- Lack of clarity on whether SMBs actively seek solutions
Problems to Solve:
- How to determine if a real market opportunity exists
- How to evaluate improvement potential in SMB operations
- How to assess willingness of businesses to adopt new solutions
Potential Solutions:
- Create MVP (Minimum Viable Product) for market testing
- Conduct direct interviews with target audience (SMB owners)
- Analyze competitor performance as market indicator
- Observe economic signals (supply/demand dynamics)
GROWTH FACTORS
Effective Strategies:
- Market validation before full product development
- Direct customer interviews for problem discovery
Marketing & Acquisition:
- Demand testing through audience conversations
- Avoiding premature advertising/email campaigns
Monetization & Product:
- Building MVP to test market response
- Using competitor success as validation signal
User Engagement:
- Not explicitly discussed in this thread