Validating a SaaS idea often involves assessing market demand through customer interviews, surveys, and perhaps most telling, a successful MVP test that solves a specific pain point. If early adopters are willing to pay for your solution and provide positive feedback, that's a strong indicator you're on the right track, Shirley.
Try to validate it in the wild. Talk to potential users and have a discovery first approach with them. if you want to know how to do that there are two good books, Google design Sprint and the Mom Test.
if you build with their input then you should be ok in the early stages.
Determining the viability of a SaaS (Software as a Service) idea involves thorough validation to ensure it meets market needs and has the potential for success. One effective approach is conducting market research to assess demand, competition, and trends within your target industry. Additionally, seeking feedback from potential users or industry experts can provide valuable insights into the perceived value and functionality of your SaaS solution. Leveraging tools like AiToolsKit.ai can further enhance this validation process by analyzing market data, optimizing your messaging for SEO, and crafting compelling content to communicate your idea effectively. By combining strategic analysis with data-driven insights, you can better evaluate the feasibility and potential of your SaaS idea, paving the way for its success in the competitive marketplace.
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The best way to figure out PMF is to measure the value you are giving your client. For example, if you are Facebook, you need to know: how much time users spend on the platform
If people somehow show interest in your product through their behaviour. Like signing up, joining discussions, invest time for interviews or survey's, pay (before of after the service is delivered), etc... it's on you to discover where the value is created.
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