Step 3: Do more research.
You can also utilize other tools such as:
• Pinterest Trends
• YouTube
You need to gather as much data as possible.
Data will give you trust and save you time.
You can also utilize other tools such as:
• Pinterest Trends
• YouTube
You need to gather as much data as possible.
Data will give you trust and save you time.
Step 4: Research competitors.
Once you have a few potential ideas, it's time to check if others are already selling them.
Search for people on social media, Google, and other platforms.
Try to understand their sales funnel.
Check what products they are selling, etc.
Once you have a few potential ideas, it's time to check if others are already selling them.
Search for people on social media, Google, and other platforms.
Try to understand their sales funnel.
Check what products they are selling, etc.
Step 5: Create an execution plan.
Compile everything into one simple plan:
• Determine the distribution channels you will utilize.
• Decide on the product or products you will sell.
• Set the pricing for your product.
• And so on.
Compile everything into one simple plan:
• Determine the distribution channels you will utilize.
• Decide on the product or products you will sell.
• Set the pricing for your product.
• And so on.
Step 6: Create an MVP.
If you immediately start creating a paid product, you will likely waste too much time.
Instead, create a free product and distribute it through social media channels.
This will help you test the idea and understand if there is demand.
If you immediately start creating a paid product, you will likely waste too much time.
Instead, create a free product and distribute it through social media channels.
This will help you test the idea and understand if there is demand.
Step 7: Kill or continue with the idea.
If you notice that nobody is interested, you can always try again.
If you notice a demand, you've won.
Start executing your plan and go all in.
If you notice that nobody is interested, you can always try again.
If you notice a demand, you've won.
Start executing your plan and go all in.
Now let's imagine you followed these steps:
1. Search.
2. Research with Google Trends.
3. Do more research.
4. Research competitors.
5. Create an execution plan.
6. Create an MVP.
7. Kill or continue with the idea.
You have a valid niche, and you're ready to rule the world!
1. Search.
2. Research with Google Trends.
3. Do more research.
4. Research competitors.
5. Create an execution plan.
6. Create an MVP.
7. Kill or continue with the idea.
You have a valid niche, and you're ready to rule the world!
◑ One more important thing:
Let's change digital economics together.
Follow me @ModestMitkus for more.
Like/Repost the first post so more people can learn.
Let's change digital economics together.
Follow me @ModestMitkus for more.
Like/Repost the first post so more people can learn.
Learn how to build a digital product business from $0 to $35k/month.
↓ Click below to join the waitlist:
modestmitkus.com
↓ Click below to join the waitlist:
modestmitkus.com
Loading suggestions...