Sunday, December 6, 2009

Are the offer and the demand meeting? - ARTICLE

You might have a great idea but is there a demand for it?

  • Do people need your product?
  • If not, why?
  • If yes, why?
  • Is your product adapted to the demand?

Last time I checked the business success rate was at around 5% in The US.

This means that 95% of businesses fail within 1 year!

If you want to succeed you need to be super smart.

The first key is to have a product people need and are willing to pay for!

As I said earlier, check as well the packaging of your product of course!

A price which is too low or too high can be a killer!

What is the product your audience wants to buy?