Most of the time people come up with outstanding product ideas that may stand to benefit humankind remarkably. But all of the product ideas are not embraced by the world and majority of them fail miserably. People tend to spend a huge amount of capital, time and effort on ideas that may not see any light and perish resulting in tremendous squander. So it becomes essential to validate the product idea through various means and understand the potential impact. Here we have listed some of the simple yet powerful ways that can help in realizing the worth of the idea.
Prior existence
Many times what we think as a new idea might exist in different forms in the market and it becomes necessary to know what kind of competition prevails with the same product. Typical search places such as google, youtube, and app stores would provide this information when researched properly.(Read more)
Many times what we think as a new idea might exist in different forms in the market and it becomes necessary to know what kind of competition prevails with the same product. Typical search places such as google, youtube, and app stores would provide this information when researched properly.(Read more)
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