Market Validation
The process of determining whether there is a need or demand for a product in the target market, often through testing and feedback.
11 topics found for
“demand assessment”
Product-Market Fit
The degree to which a product satisfies strong market demand, often considered a key indicator of a product's potential for success.
Business Viability
The potential for a project or solution to be economically sustainable and profitable.
Product Metrics
Quantitative measures used to track and assess the performance and success of a product, such as usage rates, customer satisfaction, and revenue.
Stakeholder Analysis
The process of identifying and assessing the influence and interest of various stakeholders in a project, to prioritize engagement and communication strategies.
Staffing Ratio
A strategy used to determine the proportion of various SMEs needed to support a pipeline of work.
Planning Fallacy
A cognitive bias where individuals underestimate the time, costs, and risks of future actions while overestimating the benefits.
Product Consolidation
The process of combining multiple products or product lines into a single offering to streamline operations and reduce complexity.
Desirability Study
A research method used to determine how desirable a product or feature is to potential users.