My team validates startup ideas using Reddit. Here is how to get started
Here is how I research subreddits and evaluate them for ideas validation.
- When I have an idea to validate I write down at least 5 keywords related to it. Example terms I used last week: “meditation”, “breathwork”, “breathing technique”, “anxiety”, “stress”. Enter one keyword at a time into the search bar and it will give you a list of subreddits where your keyword is mentioned.
- Find at least 5 subreddits with people who discussed your topic. Make a copy of my spreadsheet [1]. And collect information about the number of readers. Pro tip: don't waste your time on subreddits with less than 10K readers.
- Go to Related Subreddits by User Overlap [2]. You need to check every subreddit you found by searching your terms to get more ideas on when your potential audience is hanging out.
- Read posts within each subreddit to see if people might be interested in your project. Add subjective relevance to the spreadsheet, where 10 is for super relevant subreddit.
- Once all numbers are added to the spreadsheet, sort your list of subreddits based on the Score it calculates for you. Congrats, now you are ready to pick the most relevant subreddits, plan content, write a title, research the best time to post, etc.
If you're keen to learn more about the topic, check out our guide https://guide.opryshok.com on validating project ideas using Reddit.
Resources
[1] Reddit Evaluation Spreadsheet by Ryan Luedecke https://docs.google.com/spreadsheets/d/1IjgpzGBgZF9L9dVKkUrC7tE_AkPErApK_fJazsTNIP4/edit#gid=0
[2] Related Subreddits by User Overlap https://subredditstats.com/subreddit-user-overlaps
It's currently at $29. I haven't seen this way of selling content before. It's funny because it's kind of backwards of everything else I've seen (as in, pay a premium to be among the first to see it). I can kind of see it work by triggering the sense of urgency and make people click it before having a second thought.
In content I think it's just the opposite. At the start nobody has it and it makes sense that the price is higher. Then as early birds get it they may share it with others and so it gets more and more available.
At least that's my armchair economics thinking. I'm sure the pricing model works for the OP. I just found it interesting.