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How to Launch a Marketplace | Ray Reddy, Founder of Ritual

How to Launch a Marketplace | Ray Reddy, Founder of Ritual

FromA Product Market Fit Show | Startups & Founders


How to Launch a Marketplace | Ray Reddy, Founder of Ritual

FromA Product Market Fit Show | Startups & Founders

ratings:
Length:
15 minutes
Released:
Apr 22, 2022
Format:
Podcast episode

Description

Launching is often thought of as a huge event. Lots of noise, lots of PR. One big bang. For Ray, it's just a series of many small experiments. Ray realized that the number one value prop for a consumer was coverage: when a user opened the app, the majority of merchants that were walking distance needed to show up. So, he set up an experiment. He targeted a handful of office buildings and a dozen merchants, all located on the same block. He didn't need to onboard all the merchants in Toronto, just all the merchants on this one block.If you're about to launch a consumer product or a marketplace, check out what Ray has to say. 
Released:
Apr 22, 2022
Format:
Podcast episode

Titles in the series (95)

As an early-stage founder you have one goal: find product-market fit.  On The Product Market Fit Show, we explore the 0 to 1 journeys of the most successful startups. We go deep and provide detailed examples you can steal. Our goal is simple. We want to understand product-market fit better than anyone on the planet.