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Presentation made by Vivek from InterviewStreet on Pivoting at the NASSCOM Product Conclave
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The Story
Aug ‘09 2,00,000 INR
Dec ‘09 1,50,000 INR
Lukewarm response
Mar ‘10 75,000 INR
Few success stories
Jun ‘10 50,000 INR
Masters preparation
Dec ‘10 10,000 INR
Dec ‘10 10,000 INR
Pizza & Pepsi for 10 days
Jan ‘11 5,000 INR
Jan ‘11 5,000 INR
Feb ‘11 15,000 INR
Mar ‘11 40,000 INR
May ‘11 55,000 INR
Customers
and many more…..
How to pivot? Ask users and keep asking
Launch a minimal version that’s bug free but not necessarily beautiful
How to pivot? Ask users and keep asking
Launch a minimal version that’s bug free but not necessarily beautiful
When to pivot?
No money in the bank / running out
A bigger pain point in place