Guide to Understanding Product Discovery: Everything You Need to Know
Let’s delve into the concepts of Product Discovery and Requirements Definitions, exploring the terminology and aspects surrounding these topics. In this discussion, I aim to cover various fundamental subtopics related to the Discovery phase and other foundational concepts.
What Is Product Discovery?
Discovery is an iterative process of developing a Minimum Viable Product to solve the Customer Problem identified through Opportunity Analysis. In simpler terms, the process involves identifying a problem faced by a specific group of users, creating a solution, and then introducing it to those users. The basic version is refined over time, to enhance it until a product-market fit is achieved.
Product Discover as an Iterative Process
Product discovery is not a direct process but an iterative process. There are several reasons for it to be an iterative process. The stages involved in this iterative process are:
- Think
This stage primarily involves ideations. The decisions taken during this phase are,
- Customer / Market…
