πŸš€ IF YOU ARE JUST STARTING OUT - THIS POST IS FOR YOU πŸš€

Sandra Djajic
33 replies
1. The Complexity of Product Development: Building a product, especially from scratch, is a challenging, especially if you are flying solo. Even within our team at Klu, which consists of four of us, we often find ourselves navigating through various obstacles. 2. Foundation is Key: Before diving into product development, the foundation is crucial: a) Engaging with potential users to gauge the magnitude of the problem. b) Determining whether the issue is significant enough for them to pay €10-20 is first step. Deciding on the number of people needed to validate a problem is its own challenge. 3. MVP and Feedback: Once you're certain about the problem's magnitude: Develop an MVP. It might not be polished, but its core function is what's most important. Re-engage with the people you initially spoke to and present the MVP for feedback. This phase is less about marketing and more about integration and alignment with user workflows. 4. Evolution and Marketing: As the product evolves: a) Refine the landing page with feedback and verbatim from initial users. b) Understand the distinction between B2B and B2C dynamics. c) Delve into the "marketing stage", where the focus shifts to user acquisition and data gathering. It's essential to have a clear target audience. For instance, while a product could cater to a broad range of users, narrowing down to a specific niche. Don't fall into the trap of thinking, 'My product can be used by anyone.' While that might be true, for your own benefit at this stage, you need to know where to focus. It's essential to narrow it down. Choose a specific group of people and one channel you're very familiar withβ€”where you already know how to communicate effectively. 5. The Role of Data: User acquisition at this stage is not just about numbers but about deriving actionable insights. At this stage, you are aiming for more users. Why? Because you need DATA. You need metrics. You need at least 2k users engaging with your product to truly grasp what's happening. In the span of a month or two, as you build this user base, you are diligently developing various aspects of your product. This ranges from the onboarding process to various metrics, depending on your platform. Talking about retention, it's essential to understand that figuring out retention is impossible without data. And obtaining data is unfeasible without a solid user base 6. Continuous Improvement and Community: A significant user base facilitates communication and feedback loops, further aiding product refinement. In summary, no product starts as perfection. It's the continuous effort, feedback, and dedication that shape it. NOW YOU GO AND MAKE THIS HAPPEN πŸš€πŸš€πŸš€

Replies

maelys
Nice! I should have read your advice before I yolo into building, haha!
@maelys_headshotgenerator Hahah shit i should have posted this earlier :D but if you need any help I am super active on twitter :D
maelys
@sandradjajic we are currently launching today: https://www.producthunt.com/post... For sure it would help a lot!
meng li
Excellent advice, I am in the open-source business, and there will be commercial explorations in the future. I can consider this advice for future reference. https://www.producthunt.com/prod...
Agnieszka Rybij
Great insights Sandra πŸ‘πŸ» Let's goooo πŸš€πŸš€
Marilena Nikou
thanks for sharing this!
Kevin Van Haesendonck
These are some very nice tips to take into account! Launching something soon!
edward
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Pablo Bonilla
Great tips as always from Sandra! I usually tend to overthink point A. b. (determining price). For some reason it's hard for me to determine the "right price"; but I believe it can always be adjusted through the lifecycle of the product based on demand, internal cost, competition and the value it actually creates for customers. Thanks for sharing!
@pablobonilla My pleasure!!:) I am sure you will get to the right pricing strategy as you proceed with your product!
Sophia Anderson
Great tips! Thanks for sharingπŸ’—
Ray luan
Validating your ideas is crucial. Good works Sandra!
Gloria G
Amazing, Sandra! Thanks for sharing!
Gaurav Gaur
@Sandra We are gearing up for our launch this month, and would love to seek your/ feedback from the community as this is the first time we are using Product hunt. For some weird reason, I cant post our page in the comment section bit.ly/3LbQesb
@ggaur Sure! Try to shoot me a message on LinkedIn and we will figure smth out! I will be happy to support your launch and product development!