What is the most important aspect of developing a SaaS product?
Soumya Chaturvedi
89 replies
Replies
Anshaj Goyal@anshaj_goyal
I believe what's crucial for a SaaS product is to understand whether it is even solving the problem it's supposed to.
The user data heatmaps around your product can tell much about user journey blackouts which can tell a lot about your SaaS.
Also I believe pivot is necessary in a saas as well provided the rapid growth of new technologies these days.. it's important to adapt to the market.
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Being able to put in the consistent time and effort into actually achieving your ideas rather than daydreaming.
@richard_gao2 completely agree, many times people just get into planning and do not jump on actual execution
@soumya_chaturvedi Seen the opposite too, but far less common.
Innovation!! Keep innovating and evolving!!
@binay_singh2 that's the only thing that makes enhancements to the product
@soumya_chaturvedi exactly :) You need to be ahead :)
To put it in simple terms - 1. understand your ACVs and how many customers it would take to hit every revenue mark 2. What do you have planned to increase ACVs over time
Problem validation
It took me 2 pivots and 10 months of building while building my first saas tool to have a customer.
With eventhq, time to mvp launch is 8 weeks and we have 6 enterprise companies ready to pay and use.
What was different this time around was, we narrowed our problem and spent 4 months talking to our potential companies asking what they would like to solve and how much they would be willing to pay
@hari_pragdish Talking to customers, hearing their feedbacks helps a lot in product evolution
Lovely thread. Great recommendations overall. My 2 cents:
Good design is a make-or-break factor for SaaS products. You need to delight your users — if you don't then someone else will, and they will win against you eventually.
@manas_sharma It's a saying your product must give wow moment to all your users
it should solve the intended problem
Finding the right target market and positioning of product in market based on that
Launching soon!
The most crucial aspect of developing a SaaS product is creating a user-friendly, intuitive, and reliable experience for the customer. Developing a product that is easy to use and provides a positive user experience is essential to the success of any SaaS product.
Just because it works in the first instance doesn't mean it will work in all.
Analyse the attributes of the first successful customer and try to find new clients that share the same essential attributes. eg. is the niche of national scope
Talking to your customers.
I think talking to your customers is most important and crucial. Listen to their feedback and improve your product.
@imtiyaz922 yeah, I agree. We too have a separate team for this- understanding customer feedbacks
Commitment to continuously raise standards.
Find a problem → Solve it.
But it's harder than it sounds.
Solve a problem and have a good landing page and product.
Also, stay simple. Don't add unessesary box shadow, etc.
@sewell_stephens Yes website/ landing page should be put up so well that it tells about the product
Been in Micro SaaS space with https://microsaasidea.com
Below are three most important aspects
- Enjoying what you are doing
- Not losing the momentum
- Maintain consistency
- Be ready to experiment and adapt
FInding potential customers and learning about their problems.
I'd say trying to limit your natural expansion desires to working only on what you can realistically achieve. At least what I'm working on right now
The hardest part is making it a habit for the user to use the product
@gleb_slonimskiy yeah.. users should love the product
I think finding a good balance between sales and shipping features is key.
The ability to meet different customers' requirements, is also the most challenging part
@rebeccatany It's most challenging but the foremost important thing as well