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Micro-MVP: How to read test results
How to read "likes" on social posts to know who will buy
Read time: 3 minutes
Hey there - it's Brian š
Imagine you discover an amazing business idea.
You build it, only to realize:
āWhere are the people?ā
Nothing hurts more than building a business to find out later your customers donāt want it.
So last week we covered the first step to the Micro-MVP: how to quickly test what hurts customers so much theyāll pay you to solve their problem.
This week weāll go talk about how to read your test results.
The feedback on this Micro-MVP series has been incredible. Iām excited for this one!
Stay to the end to vote on what you want to learn next Thursday.
Letās make your business an outlier: š
Scan the beach for treasure, then dig
Imagine youāre looking for gold on a beach.
You hear waves crash to your right. Kids laugh as they throw a frisbee to your left.
Sand feels amazing between your toes. Sun warms your skin.
Life is great.
Youāre holding this clunky metal detector. Big over-the-ear headphones on your head as you listen in suspense for every ābeep!ā
You swing the detector in a sweeping motion along the coast.
Founders just noticed more engagement on their post
Whatās your plan to find beach treasures?
Scan the beach until the detector clicks. Then, dig down.
If you donāt find anything: swap your shovel back for the metal detector, and stroll the coast again sweeping the sand until you hear another beep!
This cheesy, overused metaphor is exactly how you need to approach the Micro-MVP.
Except in this case, your beach treasure is the business design that solves a painful customer problem better than anyone.
This scan + dig combination is the Micro-MVP.
Letās show you how to scan and dig to find the business design that customers actually want.
Whether youāre:
ā¢ Testing a new business idea
ā¢ Re-framing your current business
ā¢ Or finding the words that get customers to buy
This issue is for you.
Quickly find out what customers want (and donāt waste time building something they wonāt buy).
Letās dive in:
Overview: Post broad, then post narrow
So just like scanning the beach for gold, weāre scanning customers for the business design that resonates with them.
Scan the beach, then dig.
1. Scan the beach: Post broad, look for differences
ā¢ Come up with 3 - 5 core ideas that you think your customers want.
ā¢ Test those ideas (post idea to socials).
ā¢ Look for difference: find which gets more engagement than the others.
2. Dig for gold: Post narrow, look for sameness
ā¢ Post 3 - 5 versions of the core idea that got the most engagement
ā¢ Look for sameness: see if that core idea consistently gets higher engagement than other posts
If your core idea doesnāt consistently have higher engagement, go back to scanning the beach.
Repeat until youāre seeing consistently higher engagement.
At that point, youāve found the treasure.
Letās get into how you run tests to give you the confidence that customers want your business: š
Step 1 - Scan the beach: post broad, look for difference
āPost broadā means weāll post about the 3 - 5 core ideas we want to test. Weāre looking across the ideas to get a hint at which gets customers most excited.
In this issue, weāre only looking at ālikesā to determine engagement. Weāll cover how to use comments in a future issue.
Reminder: a ācore ideaā is any combination of which customer youāre targeting, which pain youāre targeting, and how customers value a solution.
Types of core ideas
We covered this last week, when we talked about how to use Facebook groups to come up with customer pain (core idea).
So hereās an example:
Imagine your business helps customers make dieting more sustainable.
āSuccessā means customers keep a healthy diet their whole life (vs a fad diet that only lasts a few months).
So letās figure out what frustrates customers the most about fad diets.
Iāll make up a few core ideas:
1. Friends push you to do the diet and when they stop pushing you, you donāt have the motivation to keep going
2. Fad diets are too expensive
3. You canāt break the urge to eat junk food when you come back from a long day and itās sitting on the counter
etcā¦
Post about each core idea, then watch the ālikesā across each post. Look for spikes:
ā¢ Post 1: 3 likes
ā¢ Post 2: 4 likes
ā¢ Post 3: 9 likes (?!)
ā¢ Post 4: 3 likes
ā¢ Post 5: 5 likes
Woah so what happened with post 3?! Something created more engagement.
Weāre not sure what caused the spike yet. The sample size is too small. It could be:
ā¢ The core idea
ā¢ Word choice
ā¢ Algo change
ā¢ Distribution
ā¢ The format
ā¢ Others
But good news: we posted broad (a bunch of core ideas) and we found a difference (post 3).
Our goal is to become post enough versions of the same core idea that we become more confident that your core idea is what caused the excitement.
Step 2 - Dig for gold: post narrow, look for sameness
Now, we move to the next testing stage:
Post narrow (post the same core idea in different ways), and look for sameness (increased engagement).
Take that one core idea, and post it in a bunch of different formats!
Weāre more confident itās the core idea if we see something like this:
ā¢ Post 1: 7 likes
ā¢ Post 2: 8 likes
ā¢ Post 3: 8 likes
ā¢ Post 4: 5 likes
ā¢ Post 5: 8 likes
In this example, so far the tests remain higher overall.
If we donāt see that increased engagement, go back to posting broad.
Repeat until we see higher engagement.
Summary
Great! Youāre ready to read the results to help you figure out which direction to take your business:
ā¢ Test your core idea (which customer, which pain, what they value in a solution).
ā¢ Post test on socials
ā¢ Watch for spikes in engagement
ā¢ Then, focus tests on the core idea that spiked
ā¢ Iterate until you find a core idea with high engagement
This beats the old way of doing it.
Imagine spending a few months building an MVP to realize this business isnāt working to re-group and try again for another few months.
No wonder itās so hard to find your customer!
Now you can get customer feedback on your business in hours instead of months.
Boom! Thatās it.
Reply to this email to tell me how youāre thinking about using the Micro-MVP. I read every email.
Also, donāt forget to vote below on which topic you want to learn next week.
See you next Thursday š
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