Testing a business idea on a small scale involves several practical techniques to gauge its feasibility and market acceptance. One effective method is creating a minimum viable product (MVP) or prototype to showcase core features or benefits to early adopters or target customers. Conducting surveys or interviews with potential customers helps gather feedback on their needs, preferences, and willingness to pay for your product or service. Another approach is running pilot tests or beta trials to observe real-world usage and collect data on user behavior and satisfaction.
read more..