The go-to-market (GTM) phase is crucial for a startup, as it determines how the product or service will be introduced to the market and how it will reach customers.
The go-to-market (GTM) phase is crucial for a startup, as it determines how the product or service will be introduced to the market and how it will reach customers.
Here there are five common mistakes a startup should avoid during this phase:
Lack of understanding of the target market: not having a clear definition of the target audience and their needs.
Incorrect product/market evaluation: launching a product that does not genuinely meet a need or solve a problem for customers.
Inadeguate pricing strategy: setting prices too high or too low without a well-defined strategy.
Insufficient marketing and distribution planning: not having a clear and detailed marketing and distribution plan.
Choose ’Continue and Reload’ to reflect the value (logic) in application.
Thanks to our 15 years of experience in the global startup ecosystem, we have identified the 6 key success factors of any company: Concept, Competence, Capital, Connection, Commitment, Creation.
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