Digital Product Idea Validation

Digital Product Mastermind hosted it's first live discussion on Product Idea Validation. These notes reflect some of most meaningful thoughts and discussion points.

You can watch the replay here: https://www.youtube.com/watch?v=8wOYjvAoQSM

Join Digital Product Mastermind for access to a smart and supportive community of product creators: http://digitalproductmastermind.com

Transcript

1. DPM Live How do I know if my idea will sell? http:// www. takebetternotes. com/ digitalproduct PRODUCT IDEA VALIDATION
2. PANELISTS Christopher Hawkins record- and- release. com Sarah Guilliot sarahdesign. com Robin Williams gumroad. com/ only- ten- days- song Nicole St. Germain takebetternotes. com http:// www. takebetternotes. com/ digitalproduct
3. WHAT' S ONE WAY YOU' VE VALIDATED A PRODUCT IDEA? http:// www. takebetternotes. com/ digitalproduct
4. VALIDATION METHODS http:// www. takebetternotes. com/ digitalproduct Research: find many customers asking for the same thing and build it. Sarah Guilliot
5. VALIDATION METHODS http:// www. takebetternotes. com/ digitalproduct Landing Page: drive traffic to a landing page with a ' Buy' option; ' Buy' takes you to an opt- in instead. Christopher Hawkins
6. VALIDATION METHODS http:// www. takebetternotes. com/ digitalproduct Minimum Viable Product: build a tiny product, launch and evaluate. Robin Williams
7. HOW DID THE SMALL PRODUCT LAB HELP YOU VALIDATE A PRODUCT? http:// www. takebetternotes. com/ digitalproduct
8. SMALL PRODUCT LAB http:// www. takebetternotes. com/ digitalproduct I learned that I am capable of shipping, launching and promoting a product. Christopher Hawkins
9. SMALL PRODUCT LAB http:// www. takebetternotes. com/ digitalproduct SPL is all about validation. At the very least, you' re validated as a product creator. Nicole St. Germain
10. SMALL PRODUCT LAB http:// www. takebetternotes. com/ digitalproduct My idea about what products are changed with the Small Product Lab. Robin Williams
11. SMALL PRODUCT LAB http:// www. takebetternotes. com/ digitalproduct I built and sold a product to my target market. I validated my idea, niche, product, price and customer. Sarah Guilliot
12. WHAT IF I DON' T HAVE A PRODUCT IDEA? http:// www. takebetternotes. com/ digitalproduct
13. HOW TO FIND AN IDEA http:// www. takebetternotes. com/ digitalproduct Gather social data, like on Reddit. Pick a community you want to be a part of. Christopher Hawkins
14. HOW TO FIND AN IDEA http:// www. takebetternotes. com/ digitalproduct Start with what you love to do, what you' re good at, and how to support the lifestyle you want. Sarah Guilliot
15. HOW TO FIND AN IDEA http:// www. takebetternotes. com/ digitalproduct Pay attention to what people compliment you on. Nicole St. Germain
16. HOW TO FIND AN IDEA http:// www. takebetternotes. com/ digitalproduct Just make something, anything, and see what problems you have trying to get it into the world. Robin Williams
17. WHAT IF SOMEONE ELSE IS ALREADY DOING WHAT I WANT TO DO? http:// www. takebetternotes. com/ digitalproduct
18. HOW TO COMPETE http:// www. takebetternotes. com/ digitalproduct Nobody can make the same thing I can make. I don' t need to be slick, just personal. Robin Williams
19. HOW TO COMPETE http:// www. takebetternotes. com/ digitalproduct Gather social data, like on Reddit. Pick a community you want to be a part of. Christopher Hawkins
20. HOW TO COMPETE http:// www. takebetternotes. com/ digitalproduct If you find yourself in an unknown niche, you have to do a lot of education about why what you' re doing is important. Nicole St. Germain
21. HOW TO COMPETE http:// www. takebetternotes. com/ digitalproduct I took a working niche and found a new audience. Sarah Guilliot
22. TOOLS FOR IDEA VALIDATION http:// www. takebetternotes. com/ digitalproduct
23. TOOLS FOR VALIDATION http:// www. takebetternotes. com/ digitalproduct Amazon Udemy Unbounce Slideshare Reddit Small Product Lab http:// amazon. com http:// udemy. com http:// unbounce. com http:// slideshare. net http:// reddit. com http:// gumroad. com/ smallproductlab
24. WATCH THE REPLAY http:// www. takebetternotes. com/ digitalproduct
25. JOIN US ON FACEBOOK http:// www. takebetternotes. com/ digitalproduct Join Digital Product Mastermind