Three things founders underestimate when launching a product business

product launch
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Launching a successful product business is often framed around the moment you go to market but in practice, what determines whether it works usually happens well before that. 

From the problem you choose to solve, who you choose to market it to and how you deliver it, these early decisions form the foundations of how your business performs once it’s live.  

That said, getting your launch right isn’t easy. Most founders are in uncharted territory when opening a business, making decisions they’ve never made before and working through challenges for the first time.

Here are three things founders tend to underestimate when building a product business, and what to consider to give yourself the best chance of getting it right early.

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Three things founders underestimate

Solve a problem you understand deeply

Many businesses thrive initially after jumping on trends. It helps you generate attention quickly, tap into existing demand and build quick traction. But the challenge is what happens once momentum levels out and you’re making decisions about how the product evolves and how the business grows. 

That’s where having a deeper understanding of the problem you are solving matters. If you’re building on a trend without a clear grasp of the problem behind it, it becomes much harder to sustain. 

In practice, that means getting closer to the problem than surface-level insight. Speak to potential customers early, not just to validate the idea, but to understand how they currently solve the problem, what frustrates them, and what’s missing. 

Many founders start with something personal. Shopify research shows that 40% of Australian entrepreneurs are driven by passion for their idea or product, and oftentimes this reflects lived experience with the problem itself. That proximity tends to sharpen decision-making and build authenticity into the brand from the outset.

Aussie confectionery brand, FUNDAY, is a great example. Funday sprang from a simple constraint. The founder, Daniel Kitay, wanted a way to enjoy sweets without the trade-offs he experienced. That clarity shaped the product early and carried through as the business grew.

Trend or no, founders will be best-served if they create a product grounded in a problem they understand. That’s what gives you something to build on once the initial traction fades. 

Prove customer demand instead of assuming

Once you understand the problem, the next step is proving that people care enough to pay for a solution.

One of the most common pitfalls for new founders is investing time and money in a product before validating whether real demand exists. An idea can be compelling, a prototype can look promising, but not actually testing that it’s something that gets people opening their wallets adds extra, needless risk. 

That’s why the founders who navigate this well focus on testing behaviour, not just gathering feedback. At the strongest end of that spectrum is actual commitment. Launching a crowdfunding campaign or opening pre-orders gives you a clear signal on whether customers are willing to pay before you commit to full-scale production.

Earlier signals can still be useful, but they should be treated differently. A landing page with paid traffic can help you understand interest and intent, but it’s not the same as conversion. The closer you get to a real purchase decision, the more reliable the signal becomes.

In a competitive retail environment, assumptions can become expensive quickly. Validating demand early reduces risk and gives you a clearer view of what’s worth investing in before you commit time, money and inventory.

Your weakest link defines your launch

When a customer buys your product, they don’t think about how effective your strategy is. They experience whether it arrived on time, matches what was promised, and works as expected. That means a delay in shipping, inconsistent product quality, or a clunky checkout can quickly become a customer’s defining memory of your business. 

Which is to say, a founder’s ability to execute is only as strong as the partners they rely on. From manufacturers to shipping providers to ecommerce platforms, these relationships directly impact product quality, delivery timelines and, ultimately, decide whether your customers will buy and come back. 

In practice, this is where founders need to go deeper than they expect. It might start with sourcing through marketplaces or connecting with suppliers at trade shows, but the real work is in how thoroughly you test. Ordering samples from multiple suppliers, comparing quality side by side, understanding how each one performs on timelines and how they communicate can give you the vital confidence you need in what you are delivering.

When it comes to your ecommerce platform, the goal is to choose something that can keep up as your business grows, without adding unnecessary complexity. It also needs to perform under pressure and where it matters most. With the average cart abandonment rate sitting at around 70%, according to the Baymard Institute, small points of friction at checkout can cost crucial early sales. Features like one-click checkout, auto-filled payment details, and flexible payment options make it easier for customers to complete a purchase and reduce the likelihood of dropping off at the final step.

Launch day is just the beginning of your journey 

Ultimately, launching a business won’t go exactly as you expect. But the founders who put in the groundwork early, understanding the problem, validating demand, and setting up their operations properly, give themselves a far better chance of success once they’re in the market. From there, it’s about paying attention, making necessary adjustments, and building from what works.

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Shaun Broughton, Managing Director, APAC and Japan at Shopify. As APAC Managing Director, Shaun is spearheading Shopify’s expanding presence in the world’s largest market for retail eCommerce, amounting to nearly $2.992 trillion in 2021. Under his leadership, Shopify teams across APAC are on a mission to make commerce better for everyone by providing local businesses with the technology tools, apps and services they need to easily sell and scale online and tap into the continued growth of eCommerce.

Shaun spent 8 years at Microsoft where he held various roles working on Xbox and the retail business. Throughout his time at Microsoft, Shaun was able to develop a deep understanding of retail and the consumer market. He then joined the leadership team at LinkedIn as they launched into the Asia Pacific market and was most recently Senior Director at Lego Australia.

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