The Power of Market Research and SEO Tips for Product Success

Kazuki Nakayashiki

Hatched by Kazuki Nakayashiki

Aug 14, 2023

4 min read

0

The Power of Market Research and SEO Tips for Product Success

Introduction:
Every entrepreneur asks themselves the age-old question, "If I build it, will they come?" While it may seem daunting to enter a market with pre-existing demand, tapping into a large market can make things easier. Many successful companies, such as Google, Facebook, and Apple, have entered their respective markets late in the game and effectively competed with differentiated products to win. This article will explore the importance of market research and SEO tips for product success.

Market Research with Google's Keyword Tool:
One of the key tools for market research is Google's Keyword Tool. This tool can help entrepreneurs validate how mainstream a product category is, ensure they are using customer-centric wording to describe their product, and identify nearby product positioning options. By plugging in keywords related to their business, entrepreneurs can gauge the demand and mainstream understanding of their product category. If the numbers are low, it may indicate that the wording used is not understood or cared about by mainstream users. It is crucial to steer the product towards a category with millions of pre-existing consumer searches, as this shows understanding and demand for the product category.

Finding the Right Words to Describe Your Product:
The Google Keyword Tool is also invaluable for finding the right words to describe a product. By inputting the high-concept pitch, entrepreneurs can determine if there are millions of searches related to their product. If this is the case, they are in good shape. However, sometimes entrepreneurs discover that millions of users are searching for something that doesn't exist. This presents a great opportunity if the entrepreneur can execute a compelling product. It is important to have a vision for the product and execute against it. Start by describing the product as a faster or better version of something users already understand, and then build on that term. This way, consumers know what they're buying and why.

SEO Tips for Chrome Web Store:
When it comes to the Chrome Web Store, SEO plays a vital role in increasing visibility and attracting users. Most people find extensions by using the search functionality within the Chrome Web Store. The title and description used in the extension will appear in the search results, making them crucial for ranking. The title, in particular, has a huge impact on ranking. It is recommended to have a short title, no longer than 36 characters, that contains relevant keywords. This ensures visibility in the Chrome Web Store popup.

The description should also be short, no longer than 85 characters, and should precisely describe what the extension does using the keywords from the title. While the impact of keywords in the description is slightly less than the title, it still plays an important role in ranking. It can be helpful to look at descriptions from competitors for inspiration. Additionally, the detailed description submitted on the developers' dashboard has less impact on rankings. To cater to users who prefer not to read lengthy descriptions, it is advisable to use bullet points and short paragraphs to explain the extension in more detail.

Conclusion:
Market research and SEO are essential elements for product success. By leveraging tools like Google's Keyword Tool, entrepreneurs can gauge market demand, validate their product category, and find the right words to describe their product. Additionally, implementing SEO tips for the Chrome Web Store can significantly impact visibility and attract users. To summarize, here are three actionable pieces of advice:

  1. Use Google's Keyword Tool to validate market demand and find the right words to describe your product.
  2. Optimize your title and description for the Chrome Web Store by incorporating relevant keywords in a concise manner.
  3. Utilize bullet points and short paragraphs in your detailed description to cater to users who prefer quick and easy information.

By following these tips, entrepreneurs can increase their chances of building a successful product and attracting a larger user base. Remember, it's easier to reinvent something than to invent it, so tap into existing demand and differentiate along key dimensions to stand out in the market.

Sources

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