You might feel strongly that your product idea meets a need, but what determines whether a product is successful? Your concept should meet a few criteria if you want it to sell.
Determining the market viability of a product isn’t about guesswork. You can use several strategies to test whether your potential new product will be popular. Here are 5 steps you should consider to identify high-demand products to sell.
Identifying and creating profitable products to sell is just one aspect of running a successful business. For more great tips on market viability, click here to receive my weekly business articles in your inbox.
Coach Dave
In business, obstacles tend to appear when we least expect them. We can allow ourselves…
Does your business have a customer value proposition? Many business owners overlook this crucial step,…
The term “intellectual property” (IP) can confuse small business owners. Your intellectual property is essentially…
When you first start a business, you usually have to be the manager, sales team,…
If you’re not repurposing your business’s online content for monetization purposes, you’re missing out on…
Many business owners spend so much time chasing success that they aren’t sure how to…