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How to find new market for your product



If we want to define new market for your product, company should segment the market. Company need to find industries with similarities for realisation. Then company should make analysis of problems what customers facing on this market. Read more negative comments about the companies who produce the product similar to yours. Identify customer needs. It is important to study customer culture of buying things. In every country product compete differently between each other. Message and image about your product should be identified and selected for the particular market segment. As more competition on the market segment as more opportunities arise to create new market segment inside of the monopolistic segment, because customers drive more feedback from getting experiences and more demand of the getting better and better experiences from the same product. Monopolistic market can break on small segments because of the product constant image. As we know customers or users want to see today more variety of services and more product differentiations, which in turn, monopolistic companies can not provide because slow product development and connection to the inner monopolistic needs which drive out aesthetic customers from them. #happiness #inspirationalquotes #lifequotes #fitness #business #quoteoftheday #motivationalquotes #mindset #quotestoliveby #inspire #motivation #photography #quote #positivevibes #photooftheday #motivational #happy #success #lifestyle #hustle #beautiful #goals #selflove #life #art #inspiration #entrepreneur #poetry #quotes

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