product idea validation

How to modernize your product ideas?

Whenever a new product is launched, the creators or makers already have to worry about a new question. What is the next feature, add-on or modification for the new product? Managing a new product and thinking about the vision, next step and roadmap of your product isn’t that easy and takes a lot of time.

You might want to look at similar products or on your competitors and see how they have dealt with this question. You will find a variety of answers and approaches to find the next big thing for your product. There are two approaches you will come across on many blogs and other publications, the product-focused and customer-focused approach.

idea validation platform

The product-focused approach is where a product roadmap has been laid out and after one version is finished and released, the next version will be worked on without taking the market and its demand into consideration. This approach is used when products have no precedence, they were brand new to the market for example when Apple released the iPod even though there was no real market or need for something new.

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A customer-focused approach, on the other hand, is the one where customers feedback and input is important to the development and maturing process of the product. Customer needs and feature wishes are considered and will be used in the creation of a product roadmap. This feedback and market analysis can come in a variety of ways, direct emails, comments on blogs, or simple surveys.

You could argue that a product-focused approach is always the one used first and then you move away from it and focus on the customers. Many products are developed on that basis, while others a purely created to solve pain points such as Spotify, Hootsuite or many more tech companies. The goal is then to create a product to solve one specific problem and after the products first release, get customer feedback and find possible areas of improvement.

market research tool

In conclusion, we can state that it is more common for the initial release of a product to be pure product based, in these cases the customer is not previously aware of their need for the product (e.g. Facebook or Twitter) and therefore customer feedback is ignored for the initial launch. As we all know, sometimes the customers don’t even know what they themselves want. In other cases, as mentioned above, where a product is created to solve an existing problem, customer feedback is key to the development of the product as they know the problem best.

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So if you want to design and develop a great product you will most likely need to use a combination of the product and customer focused approaches. This is how Howkya is developed, by using a strong and diverse community with broad knowledge in many areas to make the product better. The feedback of customers and the internal vision of a team can be aligned to push your product to the next step.

At Howkya, we have different types of users that provide you feedback. All the consumers here are verified LinkedIn users and how remarkable is that? You can have all of the data and also the expertise that they have in just a few hours. You can ask questions only to people who are of that particular category. And why will they respond? We provide special credits to people who respond earlier and also give extra credits for specific feedback provided by them. You can simply ask questions to them and can get instant answers to all your questions.

Evaluation of consumer feedback is a never-ending process and businesses have to handle an efficient tool at their disposal to ensure consumers are satisfied with the product and the service they experience. Product idea validation has become important as ever. Howkya is one such tool, which can easily serve hot data-driven insights to businesses for better decision making.

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