FAQ from ViableView
What is ViableView?
ViableView is an AI powered market intelligence platform designed to empower entrepreneurs with real-time data and insights into market trends and product niches. With ViableView, users can access comprehensive analytics to identify profitable opportunities and make informed decisions.nnFeatures:nn- Physical and digital product database (15M+ products)nn- Competitive intelligence (Keywords, Top Shops, Top Products)nn- PPC and acquisition datann- Profitability simulationsnn- TAM, SAM, and SOM calculationsnn- Market trend analysisnn- Recruit team members via public projects
How does ViableView collect and use data?
ViableView collects data on a variety of products and services. This data is fed into a Viability Simulation, which is designed to mimic real-world scenarios to estimate potential profits and margins. The data collection is done on a recurring basis which allows ViableView to simulate and chart data over time, for predictive modeling and outlier identification. Data is sourced from publicly-available information and proprietary algorithms, improving the accuracy of projections over time.
What is the Viability Simulation in ViableView?
The Viability Simulation in ViableView is a unique feature designed to simulate real-world processes. It estimates potential profits and margins within the current market conditions. It takes all collected data and feeds it into the simulation to see the profit and margin you would make if you advertised a product in the current market. The Viability Simulation then outputs indication metrics to gauge if a product or service is viable.
Can ViableView analyze both digital and physical products?
Yes, ViableView is equipped to analyze both digital and physical products. It can generate actionable insights from the market and product data for both types of products.
What are total revenue, TAM, and SAM in the context of ViableView?
In the context of ViableView, Total Revenue refers to the complete income generated by a product or service. The Total Addressable Market (TAM) is an estimate of the maximum revenue a business could earn by selling its product or service. The Serviceable Addressable Market (SAM) is the portion of the TAM that is realistically reachable by a company. ViableView can generate reports with these metrics, offering deeper market analysis.
How does ViableView source its data?
ViableView sources its data predominantly from publicly available sources and proprietary algorithms. This combination assists in improving the accuracy of the projections over time.
Can ViableView provide historical market trends, and how are these beneficial?
Yes, ViableView does provide historical market trends. This feature allows users to understand how markets have evolved over time, giving insights into the dynamics of the market. Understanding these trends can aid decision-making processes and strategy development.
Who is the target audience for ViableView's services?
The target audience for ViableView's services are entrepreneurs, regardless of their size or experience. ViableView aims to empower them with unrivaled insights, making data-driven decision-making accessible and helping them compete on a global scale.