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Market Research is Really Just Structured Stalking

  • Market research doesn't have to be complex surveys or industry reports.
  • The best source for finding problems could be your daily frustrations.
  • Real problems are those that are repeated, people pay for broken solutions and impact their daily routine.
  • Competition is needed for a market to exist.
  • Use Sensortower to research competitors by checking their ranking history, downloads, revenue, and reviews.
  • Cross-reference Sensortower data with App Store reviews.
  • Add up revenue of 3-5 players to measure the demand of the market.
  • Green lights are steady growth, players making $500k+, and similar complaints.
  • Red flgs are a decline in revenue, downloads, or top player taking >70% of the market.
  • Find problems that are already making someone else money and build a MVP that solves them.

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