3 ms·
Ask HN: Testing the market before manufacturing the product?
In the 70's, shrewd book publishers would take out ads in the back of magazines for books they had not written. If they got more than 300 orders, they would write the book in a week. Otherwise, they would mail back the checks and say: "Sorry, it's out of stock."
This is according to Marc Andreessen, when he was on Charlie Rose, (http://bit.ly/marca).
You have an idea for a physical good that you think a sufficient number of people would be interested in. How do you perform the analogous process on the internet, when selling a physical good?
Step 1. Mock up an image of it, and set up a website.
Step 2. ...
Step 3. Take pre-orders.
Step 4. PROFIT! (or, return everyone's money if there aren't enough orders)
Step 5. Manufacture.
What is Step 2?
What merchant solution should you use to take pre-orders? Can you use PayPal for this sort of setup? Or someone else?
How do you promote this product? Besides Google AdWords, what are other cheap promotion methods for testing the market? Trying to get a link on digg.com?
- swombat 17y agoI think there was a post on Mixergy about this recently. Let me dig it out for you... Here you go: http://blog.mixergy.com/direct-marketing-techniques-launch/ http://blog.mixergy.com/direct-marketing-techniques-launch/ I didn't actually watch it, but it appears to be a step-by-step guide to what you're asking.
- AndrewWarner 17y agoI think that interview will answer your questions. If it doesn't, Chance, the guy I interviewed, offered to write up a detailed answer to my readers' questions.
- deyan 17y agoEric Ries at startup lessons learned has also written on this topic.
- russell 17y agoTim Ferris goes into this, along with a lot of other interesting ideas, in his book "The 4-hour Work Week": http://www.fourhourworkweek.com/ http://www.fourhourworkweek.com/ The book is entertaining, but be sure to have your reality-check filter turned on.