Recently I've read through a number of; articles, books, and posts. A lot of people seem to suggest that the "best" way to verify if your product is a good idea is to verify it before you even start buying stock.
What I mean by this, is they suggest things like; Put some advertisements on Facebook and promote a product that doesn't exist yet, and gauge the feedback and use that to determine if your product will sell.
This obviously has various upsides as well as down, but I think the main problem with using this method is time. It takes an ungodly amount of time to do something like this.
So I'm curious to hear what do you think are the best ways to verify a product idea and see if it's viable?
Primarily speaking, this applies to physical goods, but feel free to share any thoughts you have in general.
What I mean by this, is they suggest things like; Put some advertisements on Facebook and promote a product that doesn't exist yet, and gauge the feedback and use that to determine if your product will sell.
This obviously has various upsides as well as down, but I think the main problem with using this method is time. It takes an ungodly amount of time to do something like this.
So I'm curious to hear what do you think are the best ways to verify a product idea and see if it's viable?
Primarily speaking, this applies to physical goods, but feel free to share any thoughts you have in general.
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