21 of 25
Home/r/Entrepreneur/2025-07-11/#proven-way-determine-market-existence
6

Whats the most proven way to actually determine if there is a market?

r/Entrepreneur
7/11/2025

Content Summary

The original poster seeks proven methods to validate market opportunities for business ideas targeting small and medium businesses (SMBs). Key concerns include determining if SMBs actively seek operational improvements and whether they're willing to change workflows. Commenters recommend: 1) Creating minimum viable products (MVPs) for testing, 2) Conducting direct interviews with target customers, 3) Analyzing competitor performance, and 4) Observing economic indicators like supply-demand dynamics. The consensus emphasizes avoiding premature marketing and instead focusing on direct customer conversations for demand validation.

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

SaaSURLCategoryFeatures/Notes
No specific SaaS tools mentionedN/AN/AN/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