People get to upvote the product they like. Hunting is an easy process where you link to the product website, add images and descriptions, and state your views about the product. A product is brought to the community by hunting it which can be either done by the maker or anyone else from the community. ProductsĪlmost everything on product hunt revolves around the products be it yours or someone else’s. Here are the essential elements of Product Hunt’s business model. The main goal of the company is to keep the users engaged by maintaining the quality of the platform and adding more features which Product Hunt is doing very well. Product Hunt runs on similar lines to that of any other social networking website business model where the company owns or adds no content but at the same time plays a crucial role in managing it.
#Product hunt business model professional
Other social and professional features like being able to follow other users, ask for advice and recommendation, job posting, and event and meetup posting makes it a one-stop tech resource for every tech enthusiast. The opportunity to learn from smart people building for the futureīesides this, the platform operates in a similar way to other community platforms like Reddit where the community decides what’s useful and what’s not with its votes. My favorite part about startup investing: It’s all because of its founder – Ryan Hoover who actively cultivated the community in 2013, moderated the product listings, and curated the best products for the email newsletters.
How did Product Hunt become so popular, you ask? The platform is a result of well-researched strategy which combines peer referrals with a forum-like community structure which lets you share your product or any other product you liked on the internet, ask questions, start a discussion, find similar products and makers of your niche, post jobs and events, chat and get inspired. Product Hunt is a Y Combinator backed startup which lets you share and discover new products, meet other product developers, entrepreneurs, and enthusiasts, and geek out about everything related to tech. 4 Future Of Product Hunt What Is Product Hunt?
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