Title: What is Market Validation? | Definition and Overview
Headings: Market Validation
Market Validation
What is Market Validation?
Why is Market Validation so Important?
It helps secure funding and resources.
How do you Conduct One-on-One Interviews for Market Validation?
1. Prepare a clear and simple explanation of your product concept.
2. Find your ideal interview subjects.
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3. Create your interview questions.
4. Conduct the interviews.
5. Make sense of the data.
Market validation: no product development should begin without it

Content: For these reasons, even a good idea can fail to achieve the all-important objective of product-market fit. The more development work your team has done before you discover whether your product will fail in the market, the more expensive that failure will be. The value of market validation is that your organization can uncover those problems before committing any significant time or resources to a product concept. That makes this the most inexpensive way to learn that an idea isn’t worth pursuing. How do you Conduct One-on-One Interviews for Market Validation? The market validation process varies by company. It’ll also vary by industry and the type of user persona the product team is seeking feedback from. Different demographics will have their own preferred methods of communication. Here is an outline of the broad steps you will want to take: 1.