
- Is there a market? Who is the target customer?
- Is there competition?
Technical Feasibility 

Financial Returns
- Is the revenue and margin potential attractive, given the investment?
When an innovative idea requires a new business model, or radically redesigns the delivery of value to focus on the customer, a real world experimentation approach increases the chances of market success. New business models and customer experiences can't be tested through traditional market research methods. Pilot programs for new innovations set the path in stone too early thus increasing the costs of failure.
