When building a software product, there’s a human tendency to go broad and add every feature a customer requests. Yet, some of the most successful products do a limited number of things well and eschew the bloat found in most applications.
I call this the feature rich vs feature niche conundrum.
Feature rich products have dozens of modules and hundreds of functions. Feature niche products have a select number of modules with only the most valuable functions.
Entrepreneurs need to be intentional about their product strategy and consider the feature rich vs feature niche trade-offs.
What else? What are some more thoughts on feature rich vs feature niche?