18 Experiments to Test a New Product Idea
(without losing millions of $)
Free PDF to download, no email.
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1. 14 Quick Product Validation Experiments
Experiments in this group focus on validating how the market will engage with your product idea. They allow you to easily test your value proposition, viability (including pricing), and messaging:
Email Campaign
Paid Ads Campaign
Social Media Campaign
Landing Page
Fake Door
Façade
Pinocchio
Explainer Video
Pre-Order
Letter of Intent
Provincial
One-Night Stand
Infiltrator
Crowdfunding
2. 4 Minimal Products
The experiments in this group can deliver significant customer value. They are cheaper to perform than full-feature products but involve higher costs than experiments from the previous category.
Through these, you can evaluate your value proposition, viability (incl. pricing), some aspects of usability, and messaging:
Piecemeal
Concierge
Wizard of Oz
Single Feature Product
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The worst mistakes people make?
Avoid:
Taking other's opinions at face value
Relying on data collected by others
Building a product just to test an idea
Whether you use MVP Prototypes, Pretotypes, or Minimal Products, focus on getting maximum validated learning with minimum effort.
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Hope that helps.
Recommended books:
The Right It by Alberto Savoia
Testing Business Ideas by David Bland and Alexander Osterwalder
The Lean Product Playbook by Dan Olsen
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