Find clients or partners early in the process
One aspect of product development that is really important is to find partners or clients that are willing to pay for your final product. Without this level of feedback it is difficult to get a sense of whether you are going in the right direction. Another factor that is extremely important is to get the pricing right. Price it too high and you may get some clients but maybe not enough to sustain the business, too low and it won’t cover your costs. By seeking out potential clients early in the process it can drastically change the direction you may take and can give you invaluable information about pricing.
Add to this a regular feedback loop with end users and you have a much better chance of arriving with a product that people will love and will pay for.
