[Testing] How to test an idea?

Use Landing Page, Ads, CRM

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On today’s edition: Step 2/10 to launch a 6-figure crowdfunding campaign (Full Guide At The End - Premium Only)

“I don’t know how to test my idea for cheap”.

Here you’ll need: Landing Page, Ads, CRM

Landing Page: A compelling landing page serves as a vital tool for testing the viability of your product idea. In this subsection, we will guide you through the process of creating an effective landing page that captures the attention of potential customers and entices them to take action. We will discuss essential elements such as persuasive copy, attention-grabbing visuals, and clear call-to-action buttons to optimize your landing page's conversion rate.

First Ads: Running your first ads is a crucial step in validating the market demand for your product. This subsection will provide insights into selecting the appropriate advertising platforms, crafting engaging ad copy, and targeting the right audience segments. By analyzing the performance of your ads, you can gather valuable feedback and make data-driven decisions to optimize your product offering and marketing strategy.

First CRM Build: Building a Customer Relationship Management (CRM) system enables you to establish strong connections with potential customers and track their interactions with your brand. In this subsection, we will explore the process of setting up your first CRM system, selecting the right tools, and implementing effective communication workflows. By nurturing relationships with your audience, you can gather feedback, build trust, and increase the chances of converting them into loyal customers.

Key Metrics You Should Consider:

● Cost Per Lead: How much $ do you need to spend in ads to receive a sign up

on your product

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The full guide (Member Only) will give you an high level overview of:

● How to sell your product before manufacturing it

● How to create a sustainable e-commerce business with an original design

● How to sell you 6-figures e-commerce within 24 months of launching it

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Premium Resources (Updated Weekly)

  •  Cap Table Seed Round Simulator Upgrade for Example

    • When to use? When investor asks for round valuation

  • $200k hypeal.com pre-seed round, Closed Sep ‘23 Upgrade for Example.

    • When to use? Pre-revenue, pre-product, some user validation

  • Financial Model - Monthly P&L Projections  Upgrade for Example

    • When to use? After investors’ first meeting

  • eCOM Ideation to acquisition in 24 months guide Upgrade for Example

    • When to use? When starting or getting stuck

  • Creating a lead magnet to test your idea or feature with $1,000 Upgrade for Example

    • When to use? Get early validation spending <$1,000

  • Using referrals as growth engine Upgrade for Example

    • When to use? After you have your first leads/customers

  • The post-interview email that got us into Techstars accelerator Upgrade for Example

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