#startup competitor analysis: Don’t build what your competition has
▻https://hackernoon.com/startup-competitor-analysis-dont-build-what-your-competition-has-de85792
Startup Competitor Analysis: Don’t Build Your Competitor’s ProductSource without modification: Andrew/Flickr under CC2.0You have an idea for a startup. Maybe you have built a minimally viable product and have your first few customers. You know you have some competitors who have different features than you have.How will you ensure that customers come to you instead of your competition?A natural reaction might be to analyze what features your competitors have, add them to your product roadmap, and start building.If you take this approach, you will end up building your competitor’s product!1. Focus on understanding a customer problemA better approach is to first gain a deep understanding of the problems your customers are facing. Spend time with your customers. Interview them. Observe them (...)
#lean-startup #startup-lessons #competitor-analysis #product-development