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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