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Focus on APAC
March 28, 2024
Discover how to build innovative products efficiently by focusing on the right research at every stage. Transform ideas into successful zero-to-one products.
Building a feature or an entirely new product line which could drive revenue, engagement AND create a compelling competitive moat is something every consumer-tech firm dreams of, but very few actually deliver on with their users.
Why?
A key reason for this, in my experience from a Business perspective and later in my career Insights Lead while designing 0 to 1 products in India, is the negligible focus on research through the new product development journey.
The initial reaction probably is,
We all know that “Ideas are cheap, execution is everything”
In the quest for Innovation, logical assumptions are made, numerous ideas are listed out, prioritisation exercises follow in order to launch quick MVPs - but without structured user and market research you risk the product from falling flat with your users. E.g. Google Glass where there was a huge disconnect between the user and the product leading to millions of dollars lost.
Let’s start at the very beginning.
Too often, in the enthusiasm to take move the process along, does the research get disregarded or forgotten leading to unsatisfactory user solutions at the end of it all!
Going straight to a solution before synthesis is comforting, but should be avoided at all costs. Do not jump into solution space without understanding the core user centred principles to design the product with. Be okay with the ambiguity, especially in the beginning of research.
Get cross-functional stakeholders to participate in the research right from the beginning to ensure that everyone has skin in the game. From giving inputs on the brief and objective to sitting in on a few interviews. This step can often be overlooked as well, but is so important for everyone to get aligned on from day one.
Be particular about biases in research design. Some Insights professionals overlook the biases that can creep in with recruitment, the research guide and other aspects of analysis as well. This is the single biggest threat to good research and being able to gain the confidence of your stakeholders.
Be particular about one’s own biases! While it is easy to make unfounded assumptions based on a bias or prior knowledge or expectations,
And Voila! There you have it. So while failing is a part of the process, strong focus on research and learnings at every stage helps increase the probability of building a successful product to a much higher degree with reduced time and cost. So why wouldn’t you?
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The views, opinions, data, and methodologies expressed above are those of the contributor(s) and do not necessarily reflect or represent the official policies, positions, or beliefs of Greenbook.
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