Initial evaluation of an app Idea
Having an app idea is a good start. However, before investing time and resources into development, it's crucial to assess if the idea has business potential.
This initial evaluation helps determine if the concept deserves further exploration. It transforms a rough idea into an assessed opportunity through basic research and analysis.
Essential evaluation points:
- Market research: Check if similar apps exist and how users respond to them — explore app stores and online discussions to understand market needs
- User feedback: Share the concept with potential users and gather their honest opinions — this early feedback helps refine or redirect the idea
- Basic viability: Consider whether the app can be built with available technology and reasonable costs — estimate basic resource requirements
- Unique value: Identify what makes the app different from existing solutions — ensure it offers clear benefits to users
- Revenue potential: Think about how the app could generate income — consider common monetization methods in similar apps