Greetings,
I am very blessed to find a passionate team to build a matrimonial service app in a few months. We are marching towards beta launch in a one-two week time frame. We are focusing on two countries and two specific cities - We are still debating this point. I want to focus on one country - one region. (Michigan, USA).
This matrimonial app is focused on Muslim matrimonial needs.
- What we the things we must focus vs keep them in rearview?
- What data we should collect and forecast which helps the investor to write a big check.
- Any lesson learned from entrepreneurs out there
Best,
Saquib Khan
Hello Michigan is a great place ,my business comes from Chicago I could give you relevant data that I created and which are 80% + accurate and provide insight into the demographic structure of the population can make a plan for you and during the conversation give you the information you need you can contact me in chat.
If you want to hop on a call we can talk about the specifics you need to track in order to be successful. It is difficult to tell you what you should be focused on with only high level info.
In general you need to focus on improving user engagement and revenue over time. Investors want to know you are seeing some level of success already and their money is going to multiply your existing efforts.
Contact me if you want to talk in more detail.
Have you done proper market analysis to know where there are higher saturation of your target audience? Starting regionally is always preferred for GTM strategy (well not always, but in your case I would say it is.) Focus on an area you can really saturate and build a multi-channel approach to reaching your target audience where they are. Social is a no-brainer because it's cheap and easy. But, consider other growth hacking strategies - join groups on Facebook where your users are, answer quora questions related to your topics, if you're able to, getting on the ground there and doing some event marketing is helpful. The second piece is your product. Is it built to support growth? What happens when a user lands on your site, is there an automation engine to nurture them back if they don't immediately convert? What other tactics are you employing on your site to capture users who may only be passively interested before you completely lose them? For example, I assume your site will require a relatively lengthy sign-up process (by lengthy I mean more than just email.) Consider newsletter sign-ups, or a launch page with 'sign up to be considered for the beta' page with just an email capture. Obviously I've just hit the tip of the iceberg in terms of strategies but hopefully these have at least offered some interesting things to consider. Thank you!