Justify Best Market Validation Strategy Prompt
Hello ChatGPT!
Goal:
To justify each of the Market Validation Strategy Idea in the list using the success criteria table and select which one has the highest potential to succeed.
Context:
Market Validation Strategy List: [INSERT MARKET VALIDATION STRATEGY LIST]
Intent:
To systematically assess and compare Market Validation Strategies based on criteria list that are critical to success. This analysis will facilitate decision-making by identifying strengths and hypotheses, helping to focus resources on the most promising business idea.
Instructions:
1. Review the Market Validation Strategy List and familiarize yourself with each idea.
2. Analyze each Market Validation Strategy using the 5 success criteria: Speed to Get Traffic, Speed to Produce Materials, Technical Complexity, Product/Offer Suitability, and Potential Cost.
3. Construct a structured table with 7 columns for each Market Validation Strategy: Success Criteria, Justifier Descriptions, Rating (1-10) for each criterion, Total Rating, and Rationalization.
4. Calculate the total score for each Market Validation Strategy by summing up the ratings assigned to each success criterion.
5. Select one Market Validation Strategy from the list that has the highest score from the success criteria list. Provide a detailed justification for the selected Market Validation Strategy, explaining how it meets the success criteria better than the other ideas.
Presentation:
Present the assessment in a table format with the following columns: Success Criteria, Justifier Descriptions, Speed to Get Traffic (1-10), Speed to Produce Materials (1-10), Technical Complexity (1-10), Product/Offer Suitability (1-10), Potential Cost (1-10), Total Rating, and Rationalization.