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How to find good product ideas on Reddit

Most of the posts about finding viable business ideas on Reddit come down to:

  1. Find a particular subreddit
  2. Monitor for activity/discussions around a certain topic

What nobody tells you is how to do 2). What do you look for? What do you avoid? How do you NOT screw yourself up with building something nobody wants?

I'll try to answer all of those questions here.

1. Look for links inside subreddit comments

The theory: There are websites/SaaS/web tools that people in a particular niche consistently use. As a result, they often mention those tools in various discussions (usually in comments, because most Reddit mods forbid posting links).

For example, in the FIFA subreddit you'll find many mentions of FUTBin, a website where you can compare players, build squads, and so on.

FUTBin is actually a pretty popular website, according to SimilarWeb:

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Another subreddit with plenty of links that 'veI analyzed was /r/entrepreneur. Here are some products I discovered there:

Analyze the popularity of the comments: Some of those comments might be self-promotional, but if they have a good amount of upvotes, it can be a sign that the community finds the tool to be useful:

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Analyze the popularity of the tools: Does the tool that got mentioned in the subreddit has any traction? We can use SimilarWeb to find this out.

  • For PitchGround, we can see it's already a popular platform about software lifetime deals.
  • For Stylized.ai, we can see it's starting to gain some traction (it first started appearing on their ranking list on December 2022):

img

Look for mentions of popular products (then building extensions on top of them)

The theory: What popular products are people using in a niche? If you find such products, those products probably have an app store/app exchange or an API you can build on.

I found that building app extensions for popular platforms are a great way to get started as a bootstrapped founder because they usually handle the user acquisition part for you.

An example: While browsing through the most popular posts on /r/startups, I discovered this post on how LinkedIn works for B2B startups.

The keyword here is LinkedIn. The ecosystem of software tools around LinkedIn is huge. For example, if you type "linkedin auto post scheduling" into Google you'll find only 4 paid search results at the beginning (which is a clear sign of strong competition):

img

Now, most of these tools aren't optimized for startups (which are usually software-based). If you could create a LinkedIN tool specifically for software startups, that could potentially give you an edge.

Furthermore, you could use Reddit Ads and advertise your software tool at this specific subreddit audience.

Figure out ways to uutomate how-to posts

Many subreddits have 'how-to' posts with steps you can automate.

For example, in this post on dropshipping, the OP talks about how he uses videos to market his products. Many people agree that videos are a good way to get more sales as a dropshipper.

Product idea: A video ad spy tool for dropshippers. There are a few profitable video ad spy tools, but non of them specializes for dropshippers.

This is the trickiest approach to get started because there are so many product ideas you could get from how-to posts.

If you decide to use this approach, you should be available of one dangerous bias people have...

Beware of the recency bias

The recency bias is our tendency to weight current events more than earlier events.

Here's one example: Five years ago, net neutrality was a hot topic. If you take a look at the most upvoted posts on /r/entrepreneur, you'll find a post on net neutrality five years ago.

img

Now try looking other, similar (and popular) posts around net neutrality.

You'll find zero. Nil. Nada.

This is the recency bias in action.

How to avoid this bias: Look for multiple posts around the same topic. For example, on /r/entrepreneur, you'll see a lot of posts about business ideas.

This is a sign that finding good business ideas is recurring need that people have. So building a product to come up with good business ideas might not be a bad idea after all (no pun intended).

Hope you found this post to be useful!

  1. 5

    So many people screw themselves over the recency bias (i.e. crypto).

  2. 2

    You sound like a crazy scientist, but it makes sense! I was actually doing some research on links here on IH yesterday. I focused on my competition, trying to find their customers' pain points so I could address them. Intuitively, I ignored comments from the distant past because the software of my competitors might have changed multiple times since then. Now I know what to call it - recency bias. Nice! Thanks for sharing.

  3. 2

    Pretty unique approaches!

  4. 2

    Interesting post, especially the first tip.

  5. 1

    Amazing article. I am quite relying on Reddit as well for most of my research and news consuming. I think it's the best platform to find both media and audience opinions.

    Just in case someone wants to automate their Reddit updates, my product https://tacodigest.com allow you to set up newsletter from any Subreddit updates.

  6. 1

    Well written. Reddit is amazing.

  7. 1

    Aside from the suggestions made by others, I believe that one approach is to simply begin freelancing and discover the normal use cases that customers require. The use cases you learned can eventually be solved by creating a SaaS product. Uno online is an online browser game hosted by various websites and platforms like Y8, Mini Clip, POG and more.

  8. 1

    Love this guide!

    Surfkey.io might be interesting to you considering how much you believe in Reddit. We had a lot of success there too, it's still criminally underrated.

  9. 1

    I’ve had decent experiences with BetaPage, Owwly, and to a lesser extent, BetaList!

  10. 1

    Nice! I couldn't use reddit before!

  11. 1

    great tip about turning how to posts into tools!

  12. 1

    Great article on how to leverage Reddit for finding innovative product ideas. The tips provided are very insightful and practical, and I especially liked the emphasis on using Reddit's subreddits to pinpoint areas of interest.

  13. 1

    Great! Thanks for sharing :)

  14. 1

    love this approach!

  15. 1

    This is awesome. As a first time hacker, I'm also working on top of an already existing niche platform. (Notion) I'm making an extension on top of it (Notion Butler) and it has been relatively easy to acquire leads because I know where to look for them.

  16. 1

    This is really an effective article. Just to monitor and find relevant posts/subreddits on Reddit we created two very effective research tools - Subreddit Finder & Keyword Monitor at Promotee. I am sure this will help people who are getting started with Reddit Marketing.

  17. 1

    Thanks for sharing the tips.

  18. 1

    I think is mostly about being around in subreddits where people freely voice their opinions.

    Is mostly better to approach them from the perspective of someone who wants to know what they think instead of trying to get "feedback" to later pitch them something.

  19. 1

    This is such an interesting post. I have definitely been noticing multiple mentions of the same links, so I really enjoyed reading this. Thank you for sharing!

  20. 1

    Reddit is really amazing so I'm glad to see it getting more love in the indie hacker community. The funny thing is, it gets such a bad rep from people on Twitter etc., when it's so amazing for stuff like this. Everyone is segmented into communities so it makes it much easier to find users, pain points and so on.

    For the point about looking for mentions of popular products, you can use a social listening tool for that. Shameless plug, but I actually built MentionFunnel for this reason (wanted to track competitors of an idea I had in specific subreddits) and it's been working really well so far 😁

    1. 1

      can you give some examples on how you use MentionFunnel?

      1. 1

        I'm currently using it to track mentions on competitors on Reddit, Twitter and HN as well as certain keywords I think people who could be interested in using MentionFunnel might be using 😁 (this part totally depends on your product)

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