3 ms·
> release a prototype after 2-6 weeks I'm in the situation where my product overlaps significantly with others but brings (IMO) some missing features and a bet
by jamil7 7y ago
> release a prototype after 2-6 weeks
I'm in the situation where my product overlaps significantly with others but brings (IMO) some missing features and a better overall experience. I would love to launch quickly but feel I need some feature parity with competitors first.
- j45 7y agoIf people are looking to switch for a different offering, they will tell you.
- j45 7y agoAlso, there is not a way to know if the features being made into parity are in fact all valued.
- brianwawok 7y agoYou can't reach feature parity to an active product. Say they have 10 developers and 200 features. You can go from 0 to 200 features in 2? years. How many new features have they added in 2 years, 100? So the cycle repeats. Do a subset of the competitor but do it really well.
- satvikpendem 7y agoRemember the Innovator's Dilemma. Worse is better for new products, because competitors over time add so many features that they become bloated, and so a newer entrant can create a basic version that doesn't have all the features, but it has the top 1 or 2 or even 3 features that most customers want, for a lower price. This usually will win out and the cycle continues :)