A to Z
Glossary
Every concept in this sheet, plus the smaller terms it uses. Select a concept to open its card.
A
- App store research
- Studying the top apps for your problem in the App Store and Google Play: their rankings, prices, paywalls, update history and especially their recent one- and two-star reviews.
C
- Competitors as evidence
- Existing products for the same problem show that people spend money on it.
D
- Demand signals
- Public evidence that people want a solution: repeated complaints in forums, one-star reviews of existing tools, questions asked again and again, job posts for manual work, and people paying for clumsy alternatives.
P
- Painful, frequent problem
- A problem that hurts enough, and happens often enough, that people already try to fix it with workarounds, spreadsheets, hired help or other products.
- Pre-sale
- Taking payment, or a firm commitment, before the product is finished, usually at a discount, with a clear delivery date and a refund promise.
- Problem interview
- A short conversation, often 15 to 30 minutes, with someone in your target group to learn how they experience the problem, what they have tried and what it costs them.
- Problem statement
- One or two sentences naming the customer, the problem, how they handle it today and what it costs them.
S
- Scratch your own itch
- Building a product for a problem you have yourself, so you understand it deeply and can judge the product as its first user.
- Search demand
- How many people search for your problem, and whether that interest is growing, seasonal or fading, as shown by Google Trends, keyword tools and autocomplete.
- Smoke test
- A simple page that describes the product as if it exists and asks visitors to act, such as joining a waitlist or pre-ordering, to measure interest before building.
- Success threshold
- The result you decide in advance that counts as a pass, such as "5 pre-sales from 200 visitors in two weeks", along with what you will do if you miss it.
T
- Target customer
- The specific group you build for, described precisely enough to find them: role, situation and where they spend time online, such as "solo physiotherapists who book patients by WhatsApp".
- The Mom Test
- A set of rules from Rob Fitzpatrick's book: talk about the other person's life and past behaviour, ask for specifics, and avoid pitching your idea or asking whether they would use it.
W
- Waitlist
- A list of people who left their email to hear when the product launches.
Y
- Your advantage
- What you know, whom you can reach or what you can build that most people trying the same idea cannot: domain experience, access to a community or a rare skill.