‼️ Step 15 – Justify & Select Best Market Validation Strategy

Justify Best Market Validation Strategy Prompt

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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.

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