Imagine you want to open a new restaurant and are looking for investors. You've got to pitch your idea and show them your business plan, but let's be honest, that can be pretty dry stuff.

What would be a better way of presenting your idea? Invite potential investors to a dinner. After seeing and trying your amazing dishes, they will be much more likely to invest in the restaurant.

The best way to convince someone to try something new is by letting them taste it. When you have a SaaS product instead of a restaurant, a prototype is your sampling dish.

Today I will tell you how a prototype can help you get funding for your startup idea.

• SaaS Churn Rate: Essential Aspects Business Should Know – https://youtu.be/3kBBFYpfLx8

• How to Design a Prototype to Secure SaaS Funding – https://www.eleken.co/blog-posts/how-to-design-a-prototype-to-secure-saas-funding

• What is a UX Prototype? Learn the Value of Iterative Design – https://www.eleken.co/blog-posts/what-is-a-ux-prototype-learn-the-value-of-iterative-design

• The Difference Between Wireframe Mockup and Prototype and Their Roles in the Design Process – https://www.eleken.co/blog-posts/the-difference-between-wireframe-mockup-and-prototype-and-their-roles-in-the-design-process

Check out Instagram for loads of Information on SaaS business:
https://www.instagram.com/elekenagency/

Check out Eleken's blog, where we share out product design wisdom:
https://www.eleken.co/blog/main

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Contact Us
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#saasproducts #ux #ui #uiux #saas #uidesign #uxdesign #uiuxdesign #designagency #productdesign #prototype #saasideas

00:00 – Intro
00:36 – Why do you need a prototype?
00:42 – Reason #1: Financial
01:22 – Reason #2: Psychological
02:27 – Crowdfunding
03:16 – Type #1: Donation-based
03:23 – Type #2: Rewards-based
03:45 – Type #3: Equity-based
04:39 – Do you need a prototype to raise money on crowdfunding platform?
05:26 – How to make a prototype to secure funding?