Section 1: Validating Your Idea
Welcome to Section 1 of the course. In this section we will review the various subscription business models and ideas and help you select and solidify the correct business for you.
Remember your structure depends entirely on what you decide to do, and if your clients are willing to purchase, we’ll help you do it the right way!
Lets start with the cold hard data. Before we dig into the various possible business routes you might take, lets look at how many people are actively looking for products similar or related to what you will offer.
– Learn how to use Google Keyword Planner to better understand your potential market size. Learn what search metrics mean and whether they indicate opportunities or warnings.
What do you already know a lot about? What are your current skills, interests, and expetises in?
In this segment we cover the importance of not neglecting your existing skills and how you can take advantage of what you already know to propel you forward to where you want to be.
Many times people may beleive competitors are a bad sign and will only hinder your chances at successs. Contrary to this many seasoned business owners know that competitors prove the existance of a market and of potentail clients.
– In this segment we cover whether or not there are already successful businesses in your niche and how you can model and grow your business even with competition.
The best way to validate your subscription business idea is to get in front of your audience.
Find out where and how to test the waters with your niche by getting your product idea in front of potential customers. If your solution can solve their problem, the response will speak for itself!
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