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I agree with your assessment. I don't think this product has the type of competitive advantage needed in this highly saturated communications market. I think y
by mydpy 12y ago
I agree with your assessment. I don't think this product has the type of competitive advantage needed in this highly saturated communications market.
I think you can use this to lead to better things. Iterate on the product, get some feedback, and attack it again. In the meantime, blog throughout the process. Get your voice out. If you generate interest about your product before you release it, you can generate more momentum when you launch.
Good luck!
- varunjuice 12y agoRight on. Somebody should've told Mark about the saturated social media market, or Larry about the saturated search market. There are so many communication tools, surely its a solved problem right. Ask a knowledge worker today about their favorite communication tool, and you will end up with a dozen answers in about a week's time. Definitely a sign that the problem is solved. There are a dozen solutions after all. :)
- Lewisham 12y agoThis is needlessly reductive and misses the point: the issue isn't saturation, the issue is that OP hasn't identified the USP of the product. Zuck knew full well that the USP of The Facebook was helping students get laid (or at least, find out more about that pretty boy/girl in your class). Larry knew full well that the USP of Google was that PageRank helped identify better quality web sites. OP doesn't really know what the product is himself, so cannot begin to differentiate.
- varunjuice 12y agoI'm latching, probably unfairly, to the comment about "market saturation". I give OP +1 for conviction, and -1 for lack of validation.