Developing a product is one thing, bringing it to market is another. In this article, Rachel explains how to start with a new product, develop and support it over time.

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Written by bigmoneyweb
3819 days ago

A very informative article Wayne. Creating a product is one thing and bringing to the market is absolutely another different thing. There are so many things needed in order to ensure a successful product and, all the things you outlined here are indeed very important. Thanks for sharing this with the bizsugar community.

Val



Written by WayneLiew
3816 days ago

Indeed. Hope it will help many budding business owners and entrepreneurs here who are dreading to find that product-market fit.



Written by BizRock
3820 days ago

You must research the market and potential competition.Think about everything what customer wants and needs.Amazing article!



Written by WayneLiew
3816 days ago

Thanks Goran! :)



Written by HeatherStone
3820 days ago

Hi Wayne,

I think the title of the post says it all. It's kind of interesting because each of these things is dependent on the other. The smaller you start and maybe the simpler a product or service you start with, the better. Because this makes it easier to pay attention and make changes when you hear what customers are saying. Also, the fewer components you have start out with, the easier it becomes to add just what the customer wants and no more.



Written by WayneLiew
3816 days ago

Hi Heather. Yup. The real challenge comes when you are serving customers with different personas because you will end up having different feature requests. Of course, businesses that are larger in terms of size or funding will also find it hard to stay focused on building or developing features that matter.



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!