Choosing the Right Target Market

Identifying the right target market can often be the difference between success and failure for new products. The right market will be more willing to accept, and ready to pay more for, the right product, and the wrong market will be slower to accept your product and will require more marketing efforts, cutting down on your profits. So choose your target market carefully. There are many factors that determine the right target market, and this newsletter will cover three important factors: market size, pricing and your ability to meet the right contacts.

Choosing the Right Target Market - One Stop Invention Shop

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Bootstrapping Inventions

The Basics of Bootstrapping Inventions is not easy, that's why most startup business owners would want to have angel investors or venture capital, but it doesn't mean one can't succeed with personally funding the business himself/herself. Apple, Dell, GoPro are only a few of the multi-billion dollar companies who started with bootstrapping.

Bootstrapping Inventions - One Stop Invention Shop

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Prototype Heelp

T2 Design clients invented the "Drop Stop", a device that prevents items from falling into the gap between the car seats and the console.

Prototype Help - One Stop Invention Shop

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More on Inventor Financing

These are people who are looking to put serious money into a new product or business that has the potential to give them a good return.

More on Inventor Financing - One Stop Invention Shop

Don Debelak offers affordable patents http://www.patentsbydondebelak.com

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