Here you need to evaluate the profitability of the product.
How will it be able to generate income?
If you want to distribute a product for free, think about how you can make money from it later. A paid offer should have enough value to make the customer want to pay for it.
Remember that not everyone is willing to buy something that they would enjoy using for free. For example, a user needs a task manager to plan their work. For personal needs, a free product with basic functions and easy-to-use controls will be enough. A program for work must meet more requirements, so people are willing to pay for it.
Cost structure
This section includes everything you need to spend money on.
How much money is needed to launch a product?
To get a product that malta email list customers are willing to pay for, you need to spend money on research: identify the target audience, define the problem and find solutions. Also, the finished product will need a website and advertising so that people will know about it.
Key metrics
It doesn't matter what exactly you develop. The result of your work should be assessed according to certain criteria.
How do you know if a product is successful?
Identify key metrics using the AAARRR marketing funnel. It reflects the main stages that a customer goes through when interacting with a product.
Hidden advantage
This section will help you stand out from your competitors and make your product stand out even more.
What are the features of the product?
Think about what your product has that is different from others. The advantage should be significant and difficult to copy. For example, you are more successful in promoting the product than others, or your strength is in the team of talented programmers, or maybe the product has special functions.