Unit 8 Entrepreneurship in the Digital Age | 8.4 What is Market Validation | Class 10 FBISE (NBF)

In this video, we explain Unit 8: Entrepreneurship in the Digital Age (Class 10 FBISE) with a complete and easy explanation of 8.4 What is Market Validation.

You will learn:
✔ What market validation is
✔ Why market validation is important
✔ 5 steps to determine market validation
✔ Real-life example (Casper mattress)
✔ Customer validation interviews
✔ Alpha testing and Beta testing explained

This lecture is specially designed for Class 10 FBISE students to help them understand concepts clearly for exams, notes, and board preparation.

📘 Syllabus Covered:
Unit 8 – Entrepreneurship in the Digital Age
Topic 8.4 – Market Validation

🔔 Subscribe for more Class 9 & 10 Computer Science and Entrepreneurship notes.
Introduction to Market Validation: (0:03-1:36)
Importance of Market Validation: (2:03-6:01)
Avoiding wasted time and money: (2:20-3:45)
Building investor confidence: (3:46-5:09)
Understanding customer needs and market fit: (5:10-6:01)
Five Steps to Determine Market Validation: (7:04-18:47)
Step 1: Write down goals, assumptions, and hypotheses: (7:09-10:56)
Define business goals clearly: (7:18-8:17)
Note assumptions about target audience and product: (8:17-9:54)
Key questions to ask: (9:54-10:56)
Step 2: Assess market size and share: (10:58-15:11)
Casper mattress example: (12:06-15:11)
Step 3: Research search volume of related terms: (15:13-18:33)
Testing Your Product or Service: (18:35-22:47)
Alpha Testing: (19:53-20:47)
Beta Testing: (20:47-22:47)


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