You can be on Entrepreneur’s cover!

Third-Party Validation Is Your Secret Weapon to Closing the Deal Validation by third-party experts can enhance a new product/service's reputation and credibility.

By Adam Aronson

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Launching a new product or service is not an easy task. Small businesses know in order to be successful, they must provide something unique that fills a void or a service. That service needs to intrigue new customers and bring back existing customers again and again. While there are many marketing strategies that can help you reach your end goal, the most effective can often be validation by third-party experts. After all, listening to someone tell you how awesome their product is will fall on deaf ears, but if a credible source talks about your service, suddenly doors will begin to open.

Related: 9 Entrepreneurs Reveal How They Validated Their Business Idea

For example, the remote video auditing service, Arrowsight, found that in order to break into any company involved in healthcare and food services, validation through third-parties, such as medical journals, is a necessary precursor to trials for the service and trust for expansion. Third-party endorsers can enhance your reputation and validate your product tremendously.

Whether your target influencers are medical journals, bloggers, technology experts or consumers, each brings an extra layer of expertise and knowledge within your industry that can be leveraged to increase your bottom line and build your company to last.

Here are some reasons third-party validation is a cornerstone to success for any entrepreneur or small business:

1. Building company credibility

Regardless of what your company does, building credibility is a main driver to the success of your brand, and will affect whether or not your customers come back. When an unaffiliated or third-party expert talks positively about your brand, it can be an instant credibility booster that takes out of the equation you simply boasting about your own product. This third-party approval will speak volumes and will resonate with buyers and partners thinking about carrying your product or service.

Related: Test and Validate Your Business From Both a Product and Brand Perspective

2. Validating your product/service

The value of third-party validation is substantial. While it's common for brand managers or internal employees to speak positively about features and benefits; third-party validation is what really provides confidence and accountability to companies and consumers to fully commit to spending their money. The bottom line is, companies want to be sure that what you're selling will do what you say it will. It's a known fact that decision makers do their research and trust third-party validations.

3. Achieve broader exposure

In addition to building credibility with potential customers, getting the nod of approval from third-party influencers will also leverage credibility with the media. This could lead to securing coverage of your product or business in top tier news outlets in the country. Media and publicity can also help your burgeoning company gain access to potential customers who follow the outlets insights and recommendations.

Related: Investors Will Show Love to Entrepreneurs Who Do Their Homework

Ultimately, third-party validation is your secret weapon in closing a deal. Nothing you say about yourself will have as much impact as what others say on your behalf. The road to developing relationships with third-party influencers will take time and effort but the reward will be a successful product or service that others are clamoring to have too.

Adam Aronson

CEO of Arrowsight

Adam Aronson is founder and CEO of Arrowsight, Inc., a developer and service provider of remote video auditing (RVA) technologies for a variety of industries, including health care.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

This Dad Started a Side Hustle to Save for His Daughter's College Fund — Then It Earned $1 Million and Caught Apple's Attention

In 2015, Greg Kerr, now owner of Alchemy Merch, was working as musician when he noticed a lucrative opportunity.

Business News

Yes, You Can Buy a Foldable Tiny Home on Amazon — And Now It's Selling for Less Than $12,000

The waterproof and flameproof house was listed around $35,000 a few months ago.

Business News

This One Word Is a Giveaway That You Used ChatGPT to Write an Email, According to an Expert

"Delve" has increased its presence in written work since ChatGPT entered the scene.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

This Futuristic Wearable Smartphone Alternative Projects a Screen on Your Palm — And It's Now Widely Available

Humane's Ai Pin fastens magnetically to clothing and becomes a voice-activated AI assistant that can make calls, send texts, take notes, and find answers to complex questions.