Unless you’ve seen The Social Network – you might not know how Mark Zuckerberg foundedFacebook. According to the movie, Tyler and Cameron Winklevoss created the idea with their own social network, Harvard Connection.
When Harvard student and programmer Victor Gao resigned he referred them to Mark Zuckerberg. The twins hired Mark and gave him access to Harvard Connection’s network passwords, files, and servers. This led to Mark starting work on his own social networking site, thefacebook.
Years later, the legal battle between Winklevosses and Zuckerberg ended in a settlement worth $65 million dollars. To avoid this scenario happening to you, we’re going to outline the 5 best ways to safeguard your app idea.
1. Get a Non-Disclosure Agreement (NDA)
A Non-Disclosure Agreement helps protects your ideas being shared by others outside of the agreement. This document is important when you’re dealing with anything tech related that requires development. An NDA should be readily available by a developer if requested. It is important to remember that the NDA only comes into effect after each party in the agreement signs the contract. Anything discussed before the NDA gets signed may not be covered in the agreement.
Another way to keep your app idea safe is to avoid sharing too much information about your app to others. Magicians don’t reveal their secrets, so you should not reveal too much regardless of how excited you are. Also, be selective of those you choose to tell your app idea. When speaking to friends, colleagues or app developers at the initial call, just give a brief overview or a sales pitch of your app idea. However, investors might want more in-depth information on your idea. They don’t normally sign NDAs, so you can do is add a confidentiality disclaimer in important documents.
3. Trademark your app’s identity
Trademarks prevent others from using your app’s identity. This prevents consumers from downloading counterfeit apps. protects your brand. Anything that distinguishes yourself from others, such as logos, screenshots, andphrases, can be trademarked. Protecting your identity can help build brand and icon recognition, especially if your app becomes successful. Snapchatcan be easily recognised by its ghost icon andEvernote with its elephant head icon. Before applying, check if existing trademarks have been registered at IP Australia.
4. Retain documentation
It is important to keep all documents related to your app and from third parties safe. Documents you should keep safe include: agreements, contracts, business plans, trademarks and meeting minutes. These documents can be used as evidence and help you when any disputes arise or any legal situations happen during the app development process. To avoid overflowing your cabinets and drawers with documents, you can scan them to your computer and upload them to a cloud.
5. Hire a reputable app development company
Once you’re at the app development stage, it is crucial to find a trustworthy app developer. Your app idea will be kept safe and also developed efficiently. During the hunt for the right app developer, make sure to check out information such as their experience,portfolio, and client reviews. Additionally, a good app development agency will be genuinely interested in your idea, not just developing it. They’ll guide you throughout the development process, giving you advice and ideas based on their experience to make sure it succeeds in the market.
By following this guide you’ll be at peace and won’t need to worry about getting your app stolen.
For further legal advice on trademarks or NDAs, it is recommended that you visit a lawyer or legal firm with knowledge in this area.
If you have an app idea, contact us for a confidential and informative discussion!
https://www.launchpadapps.com.au/wp-content/uploads/2017/02/1-DBnQOREZsZHqi1ZHbhIFvQ-1.jpeg366797Wesley Unghttps://www.launchpadapps.com.au/wp-content/uploads/2018/08/LPAD1-01.pngWesley Ung2017-02-17 11:21:212019-06-19 21:49:005 Simple Ways to Protect Your Unique App Idea
All successful apps begin in the same way – as innovative ideas. To help you validate your app idea, we examine what you need to know, do and expect to determine the market demand and long-term viability of your app.
So you’ve got a great idea for the next app that is going to change the world. Most likely, you’ve browsed the App Store and seen there’s nothing else like your idea, so now you’re seriously considering joining the new wave of App Startups taking the shortest route to financial freedom.
But will your idea stand out from the crowd in the app market? How do you know whether there is a target market large enough that are looking for an app like yours?
Based on a small sample size of you and those you’ve mentioned your idea to, these are difficult questions to answer.
Before you start investing time, money, and effort into developing an app that others may or may not use, you need to spend the time upfront to validate your idea. Idea validation will help you focus your efforts on creating an app that people want to use and increase your chances of building a successful app startup.
To help validate your idea, let’s examine the three steps to making sure that your app can attract users and generate revenue.
Researching the size and shape of your market is a critical step in influencing the direction of your app idea. Is your target market broad enough to support an app funded by advertising? Or is it perhaps niche enough to generate word-of-mouth recommendations and community loyalty?
Seeking out similar apps is an easy way to start, but we don’t necessarily need to identify existing competitors to prove that we’re building something that people want. If we can’t find competitors, we can alternatively look for people blogging about problems that the app idea solves, or discover if people search for topics related to the app. Luckily for us, there are more research tools and data sources freely available to do such research than ever before.
In a previous blog about naming your app, I discussed how more apps are discovered through the App Store’s keyword-based search engine than any other discovery method. When it comes to validating your app idea, use the Google Keyword Planner tool to find the audience who is seeking a product like your app idea.
Type in words associated with your app idea, like the problem you are trying to solve, the benefits your app will provide or other terms associated with your concept. You can also use App Store Optimisation tools like Search Man or Sensor Tower to help find the right keywords for your app. The keywords can then be optimised based on search locations to see the average number of local and global monthly Google searches. This is a good indicator of market demand and, in turn, the validity of your app idea.
Minimum Viable Product
It’s tempting to include every feature that your potential users could possibly want as part of your app idea. This would appear to maximise the app/market fit and, in turn, the chance of market success. But there are three main problems with this ‘all-in’ approach:
It’s possible to include ‘too many’. As the number of features increases, it becomes more difficult to build a usable product, and the result is often a confusing interface through which the user cannot navigate even the simplest functions.
The market potential of your current list of features is anybody’s guess. You have yet to test all these features with real users, so would you really want to risk excessive development time for features that may be unwanted?
It’s not practical and doesn’t make good business sense. Even if you can afford to do so, there’s no point delaying the launch of your app by months and investing thousands more dollars if you can launch earlier and still achieve success.
The challenge is to determine which features are required for launch and which can wait for later updates. At this idea stage, you need to build the minimum viable product (MVP). The idea here is to create an app prototype that has just the required features that address the problem you are trying to solve or demonstrates the core value of your product.
The MVP can then be shared with early adopters to see their response. Are people excited to use it? Are their needs or problems resolved by using the app? Is it easy to use? Note this feedback and revise the app.
I should reiterate: Building an MVP is not the same as creating the best app product. Your app idea is not yet at the ‘sweet spot’ where the minimum features satisfy the maximum number of users.
The minimum viable product has fewer features than an app at the sweet spot.
The MVP is a much earlier product than this ‘sweet spot’. It’s the minimum product that can be presented to the market in order to attract some paying app users and to validate the research about what they want. Market research gives us a good idea of how to achieve the MVP, while the MVP enhances our findings and takes us to the next stage.
So how do you go about building the MVP?
Use your existing research
Your research into similar existing apps and target market trends provides the best foundation for feature prioritisation. You should have a good understanding of what really matters to your potential users: their principal needs and motivations, and their relative importance. If you researched the App Store and Google Keywords, the features that appear most frequently should come higher on the list.
A prototype MVP is something you can often build in a few days as an actual functioning stripped-down app with the core features offered. As part of Launchpad’s Idea Validation process, my go-to prototyping tool when creating the MVP for App Entrepreneurs is InVision. Not only does InVision allow you to transform your App Idea into a clickable, interactive Mobile prototype; it’s also free to use! Creating variations of the basic app interface on a prototyping tool like InVision will greatly assist you in identifying and prioritising the features that will maximize your app idea’s potential success.
Once you have researched your target market and conceptualised the MVP, you need to micro-test your app idea to validate it’s potential. You may not have an app yet, but you can still have potential users sign up for it by creating a landing page that describes the main benefits of your app, the key selling points and the core problem it solves.
A promotional landing page doesn’t take weeks to plan and develop. A simple teaser page can be created in less than a day and will deliver a number of tangible benefits:
It allows you to market your brand and benefits, even if passively to begin with. If you decide to talk publicly about your future app concept, for example in social media post, you can refer the people to the teaser URL.
Search engines will be able to index your domain. It can take weeks for a new domain name/website to appear in some search engines, so an early teaser page can start this process while the app is developed. Furthermore, if the page looks beautiful and the app sounds appealing, people will link to you from their websites, which is great news for the app’s future search engine rankings.
The teaser site can help you build a database of interested potential users. These people can be notified when the app is launched, which guarantees you some initial interest and early feedback. If they have granted you permission, you can also survey them during the application development, perhaps to ask whether a particular feature would be valuable to them.
To create your landing page, use platforms like Launchrock or KickoffLabs. Both platforms allow you to easily make a free website and email collector. Furthermore, they provide built-in analytics to include as part of your landing page. So pick a template, add content about your app idea and start sharing the URL.
Once your landing page is ready, you need to start sending traffic to it. There are a number of free options to gain visibility for your landing page, like posting your app to applicable subreddits, sharing on social media, and contacting blogs and websites related to your idea.
There are also paid options that you can use to get exposure for your idea early in the process. A small ad campaign through Facebook Marketing or Google Adwords provides an affordable option to present your app to a wide audience of early adopters that may be in your target market.
Across all the promotional options for your landing page, be sure to focus on collecting the email address of visitors. This will allow you to engage with potential users throughout the full app development process and let them know when the app launches.
Before validating your app idea…
By applying these three steps, you will have a much more successful app upon release than you would have if you hadn’t validated your idea.
You will know the market demand for your app. You will know the features to include in your app. And most importantly, you will know that there is an audience waiting to download your app.
What other tips do you have for app validation? Let us know in the comments below.
https://www.launchpadapps.com.au/wp-content/uploads/2015/09/Validate-Your-App-Idea.jpg446852Marc De Chellishttps://www.launchpadapps.com.au/wp-content/uploads/2018/08/LPAD1-01.pngMarc De Chellis2015-09-06 23:35:392019-06-11 21:50:223 Steps To Validating Your App Idea
Launchpad App Development partners with entrepreneurs and businesses to transform innovative ideas into successful apps for iPhone, Android & the Web.