What is the most significant learning from the failed product launch?
Elena lonescu
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Viktor Brešan@viktorbresan
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Identify users who are ready to pay before developing your product.
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How do you define a Failure or Success first? I launched Glibzter Immersive - English Vocabulary Builder on 19th December (a Thursday) competing with 183 products and ending up unfeatured at a credible #24.
61 landing page visitors, 2 converted users.
All this with a hunter who backstabbed us by not showing up!
The learning: Unless you have a hunter of repute or users/ partners who are willing to go the distance to create PH accounts and upvote, it is injudicious to launch a product on Tuesday, Wednesday or Thursday.
Definitely talk to potential customers and really understand their needs and willingness to pay before investing heavily in product development. Get those initial pre-orders or letters of intent if you can. Saves a ton of time and money vs. building something no one actually wants to buy.
I didn’t plan enough for marketing, and no one even knew about the product. That was a big mistake.
Skipping proper research was my biggest lesson. I should’ve understood what people needed first.