Venture Hacks

Good advice for startups.

Venture Hacks header image 2

Sell it before you build it

by Nivi on March 28th, 2009

Fliggo does it right:

fliggo

Fliggo Pro is a minimum viable product in action. MVPs reduce time to market. It’s a good sign when people sign up to be notified. And if nobody signs up, you build the next iteration and see if that’s the minimum viable product.

How would you modify this MVP to collect credit card numbers? Could you promise to not charge customers until Fliggo Pro is delivered? Could you give customers a discount for buying early? What do you think?

Add links to your favorite minimum viable products in the comments.

Learn more about: Customer Development

7 responses so far · Comments RSS

# Michael F. Martin · Mar 28, 2009

Is Twitter a minimum viable product?

What has been added to Twitter since it launched?

 

# Aristus · Mar 28, 2009

This one looks totally awesome, and there’s been lots of demand!

http://www.3drealms.com/duke4/

Test marketing is fine but you have to deliver.

 

# Stephan Schmidt · Mar 29, 2009

Excellent idea, must try it at once. Really excellent. I feel somehow stupid to not had it myself.

Cheers
Stephan
http://twitter.com/codemonkeyism

 

# fool · Mar 30, 2009

This can backfire when you end up with customers waiting for the product they bought or are expecting to be actually developed, and they end up being unwitting beta testers for a late product. When the product is just a variation or alternate configuration or pricing plan, no big deal, but it gets worse fast with real new products.

 

# spanishmethod · Apr 5, 2009

Instead of “notify me when this account becomes available” I would write:

Join a beta-tester community …. (and the rest).

After they click on this choice I would have a benefit page that explains the benefit of being part of this community (space limited, discounts down the line, perks, etc.) and reassure my audience that they will only be charged if the premium features (the beta community) goes live.

 

# Evelyn · Apr 17, 2009

To get credit card numbers, I’d charge them a small amount to deliver a small amount. The small amount could be an alpha tester spot, or a seat on the customer council, or a copy of the current development plan to review. Being in on the development process is valuable to early adopters.

 

# PB · May 27, 2009

This can backfire when you end up with customers waiting for the product they bought or are expecting to be actually developed, and they end up being unwitting beta testers for a late product. When the product is just a variation or alternate configuration or pricing plan, no big deal, but it gets worse fast with real new products.

 

Trackback responses to this post

Leave a Comment

Basic HTML is allowed (a href, strong, em, blockquote, strike).

Our goal is to publish comments that our community wants to read.
1. We read every single comment. Thanks for commenting.
2. We tweet and blog about the great ones.
3. We may lightly edit your comment for length and style (spelling, grammar…).
4. We don't publish comments that are unclear, off-topic, boring, or malicious.
5. Don't be offended if your comment isn't published — keep commenting and we'll keep reading them.
6. Thanks again for commenting. Seriously.