- Twice the Impact PM π₯
- Posts
- Q/A - Validating Hypothesis for MVPs the Right Way
Q/A - Validating Hypothesis for MVPs the Right Way
How to gather valuable data to validate your hypothesis?
π₯Weekβs Questionπ₯
At the MVP stage, how do we ensure we're gathering the most valuable data to confirm or disprove our product hypothesis?
Answered by: Aneesha
A new or early-stage product is full of uncertainties and unreliabilities. Deciding is difficult because you may not have enough evidence to prove something.
Youβre often forced to rely on hypotheses.
However, the main challenge with hypotheses is the unpredictability. This makes it difficult to make any product decisions.
Gif by yipan on Giphy
In todayβs Q&A, I will help you gather the right data to validate your hypotheses.
What is a hypothesis? β
In the context of product development, a hypothesis is an educated guess about how your product will perform or what value it will deliver to users.
It's a tentative explanation for a problem you're trying to solve, phrased as a prediction about user behavior.
Key characteristics of a good product hypothesis:
Specific and measurable: It should clearly state what you expect to happen and how you'll measure success.
Actionable: It should guide the development of your MVP (Minimum Viable Product) and the data you collect.
Falsifiable: It should be possible to disprove your hypothesis through testing, which helps you learn and iterate.
Example β : a hypothesis for a new language learning app might be: "If we create a mobile app with gamified lessons, users will be more engaged and retain vocabulary at a higher rate compared to traditional learning methods."
This hypothesis is specific (mobile app, gamified lessons), measurable (user engagement, vocabulary retention rates), and falsifiable (data can show if engagement and retention improve).
1. Define clear hypotheses ποΈ
Before building your MVP, clearly define the key assumptions you're testing.
What problem are you solving? Who is your target user? What specific value are you delivering? Having clear hypotheses lets you focus data collection on the most critical aspects.
2. Choose the right metrics β
Don't get overwhelmed by tracking everything. Select a few key metrics that directly tie back to your hypothesis.
This could be user engagement (time spent, number of features used), conversion rates (e.g., sign-ups, purchases), or user feedback through surveys and interviews.
3. Leverage a mix of quantitative and qualitative data π
Quantitative data (numbers) tells you what users are doing, while qualitative data (opinions) tells you why.
Use website/app analytics tools for quantitative data on user behavior. Complement this with user interviews, surveys, and A/B testing to understand user motivations and pain points.
4. Focus on user behavior over vanity metrics π©
Don't be fooled by vanity metrics like downloads or likes. Track actions that indicate real user value, like completing a core task or returning for repeat use.
5. Observe user behavior π§
Use heatmaps and session recordings to see how users interact with your MVP. This can reveal unexpected user flows or identify areas of confusion that your initial hypothesis may not have considered.
6. Actively gather user feedback π£οΈ
Don't be shy about asking users directly for feedback. Conduct user interviews, include feedback surveys within the MVP, and encourage open communication channels.
Relevant to you π₯
7. Iterate based on learnings π
The MVP is not the final product. Analyze the data you gather and use it to iterate on your MVP. This could involve adding features, removing features, or completely pivoting your approach based on user feedback.
Have a question? Reply to this email and we will pick the best question to discuss in our weekly Q/As!
π₯ How hot was this Q/A post? |
Stay tuned for some freshly baked PM tips, strategies, insights, weekly Q/A digests, and more right into your inbox!π
Cya!
Aneeshaβ€οΈ
Connect with us on LinkedIn:
Reply