107 Signups & 187 Feedback Responses!
by Yash AmbardekarThe trough of sorrow is coming...
I feel like I am experiencing the phases of this product at light speed--it's not a new feeling, because I have been through these phases with my other ventures, but honestly never this quickly.
QUICK RECAP:
I only started coding https://explainmyproduct.com on Saturday and bought the domain for this product on Friday. I didn't prepare, and launched on Product Hunt on Monday--I am currently at 184 upvotes and finished as the #11 product for the day.
WHAT I'VE VALIDATED:
The concept has resonated with a lot of people and the response has been phenomenal. People quickly grasp the value, and the signups and quality feedback that people are receiving is proof that the model works...(if I have a steady stream of traffic). The point is, I feel very confident that people are getting value from this.
CURRENT STATE:
Now, on Monday and yesterday, I was riding high--I was getting a consistent stream of signups (website owners listing their sites for feedback) as well as a consistent stream of feedback responses for those website owners. I even got my first paid, promoted site that signed up to get a guaranteed number of feedback responses and he hit that limit within 12 hours (36 hours faster than expected).
But now that launch day has come and gone, and PH hides products below the #10 spot under the "Show More" accordion, my traffic has been completely decimated.
CURRENT CHALLENGE:
How do I set up the mechanism to build that steady stream of traffic rather than the spikes from announcements?
If I can solve this, I think this product will actually be a relatively self-sustaining, valuable resource for startup founders and marketers alike.
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Hey @yash_ambardekar great idea, its funny, I was thinking of the same idea with few twists for the past few weeks.
I think you would need somewhat of a ranking system for reviewers (since your users might get very bad quality reviews that are not even related to their website). If the website owner can thumb up or thumb down a review, then you might be able to rank good reviewers and block bad ones.
Additionally I was thinking to make the review based on GUI selection. i.e reviewer can choose one of the following to rate:
Design, Performance, Idea/Business Model, UX etc. This way you may be able to provide customers with some analytics to see what his/her website lacks most. (You might charge customers who want to see all the data submitted. i.e first 10 responses for free, if they want to see all responses they have to pay small fee etc).The challenge with this model is to keep reviewers motivated, you either give them some points when customers thumb up their reviews (that they can use to submit their websites, or even let them get some $ from customer subscriptions based on how many points they got). This way you might build a community around the product and make sure it keeps growing/attracting more customers/reviewers.
If you like to collaborate/brainstorm on this idea let me know.
