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The Value of Talking to Your Market

Greetings, DMIers. I’m glad most of you fund the Sticky Test exercise helpful in brainstorming your initial product concepts. It’s interesting to see the direction that everyone is moving in.

When we did the Sticky Test many of you reported that the “Unexpected” and “Story” traits were a challenge at this point. For the story component, take a look at Entrepreneur’s Five Blueprints for Your Brand’s Story. Good one to bookmark for future reference.

Monday we’ll be focusing on conducting original research with your potential market. This research will help to identify if your customers experience The Problem in the same way that you. It may also help to determine if your idea is just that — an idea — or if there is potential to make it something more. This is a crucial stage for any entrepreneur.

Be sure that you take a look at Mashable’s How to Solicit the Customer Feedback Your Startup Needs before class.

The NiemanLab is also fantastic source to dive into. Remember that your final concept must have a significant news element built into it. As you continue to develop your idea think about how you’re going to include traditional journalistic elements: news storytelling, generating original content via blog posts or other news content formats, perhaps partnerships to showcase great content from other journalists. And, some of you are looking at localization issues – how can you build a hyperlocal news element into your idea?

Lots of great stuff to contemplate this weekend.


Image Source: Realistic Shots, Creative Commons Zero license