Discovering the right product is a vital part of a product development process. To do that effectively best product teams use a Product Discovery process. This process foresees you having a Discovery Backlog with a list of ideas, concepts, and hypothesis in need of validation. But how to decide what ideas to validate first?
In your Product Discovery process when you have ideas gathered and quickly assessed it's time to plan the research, validation of ideas. To plan the research effectively you need to prioritize ideas in the Discovery Backlog.
3 Ways to prioritize a Discovery Backlog
Most valuableEvery business needs to make money. When considering new ideas for a product you can't avoid to think how it would affect your revenue. If an idea could
- Create a new revenue source for your company
- Increase an existing revenue source
- Improve the margins