Updates on alugha - Cycle February 2023 to April 2023
It used to be sprints, now it's cycles. Not only the name has changed, but also the intervals. alugha is growing up!
Steve Blank - Summary→Market Size
Market research data is great when it comes to the past. As far as the future is concerned, you must have valid input from your customers to get short and medium term key figures.
Read this article in: Deutsch, English, Español
Estimated reading time:2minutes
We have dealt with the subject of growth and the market in the last few articles. Today, we want to summarize this in a somewhat shorter form.
Talk to your customers
If you don't go out on your own, don't get personal feedback, recognize the "stomach pains" of your customers, you will have a hard time going in the right direction. Talk to your customers, listen to what they have to say and incorporate this priceless and often free feedback into your decisions.
Assessing the market size correctly
An existing market is not really a disadvantage. You can target customers of the competition and understand why they use product A or B and how large their customer base is. Possibly, there is a similar product (to yours) already abroad and you can adapt all the best of it.
Market research/companies like Forrester and Gartner...
are good, but all analyses are based on the figures of the past. You can only decipher the current market size as well as the completed growth from it. This does not mean that this will be the case in the future. The car industry is going through something like this with e-mobility. Nevertheless, these figures can be very helpful for decision making. With the existing knowledge and the statements of the customers we can draw conclusions for further planning. Which markets are possible and how stable are they?
This article is written by our CEO, Bernd Korz. With his experience as an entrepreneur, he shares his vision about the lessons provided by Steve Blank. Join us every week for a new article on Steve Blank’s lectures.
More information on Steve Blank:
- alugha Videos
- Google Search
- Wikipedia
- Amazon Books
- Twitter Steve Blank
- Twitter Bernd Korz
- Medium
- Website
#alugha
#everyoneslanguage
#multilingual
More articles by this producer
Junk data - Why my e-mails concern all of you!
E-mails are so small and inconspicuous. Attached files are often hidden behind a nice paper clip. In reality, they are a real junk data virus. However, there is something we could easily do about it.
PositivWeek and what it is all about
Everything takes place in your head. Here is a short report on how I was able to determine my actions with my positive week.
Videos by this producer
Replace High-G with Lower-G String for Ukulele test
I often read about the different sound when you replace the high-g-string with a low-g... So :) I thought to give it a try, and what can I say? WOW! So I bought the Low-G String for my Ukulele on Amazon from Aquila and I have to admit... I am EXCITED! Now I have my Tenor Ukulele with the High-G and
Flight Fireball EQ-A Baritone - Saite schreppt
Wie im Video zu hören, klingt die B-Saite leider sehr "schlimm".
iPhone 15 Pro Max Videotest
Short test with my new iPhone 15 Pro Max to see how the camera works. No real settings done. Unboxed, started and then a test video.. So I was (and still) not familiar with the camera and its options. But I have to admit, I like the result!