The right analysis of market opportunities
Market opportunities may vary. Some allow you to earn large profits and profits, others small. Some will allow you to earn income quickly, others slowly. Some market opportunities require large investments, and some require minimal. The main thing here is not to make a mistake and make the right choice by conducting a qualitative analysis of market opportunities.
This is a very important point – to assess market opportunities not in general, but for a specific company
In general, the essence of the analysis is to monitor the markets and identify where the greatest growth is currently taking place, as well as what prospects for this growth will be in the near future. Then markets or segments are selected where the greatest market opportunities are predicted from the point of view of each specific company and its capabilities.
This is a very important point – to assess market opportunities, not in general, but for a specific company, because as they say that Russian is good, then German is death. When choosing market opportunities, the main thing is to see them as much as possible in order not to view the best opportunity. To do this, you need to look at the question broadly, as well as to look at the root.
If you look at the question in a standard way, you may not see prospects that are poorly visible, because they are just beginning. For example, there is information that at one time Facebook offered itself to Google for virtually a penny. But Google did not see the prospects and refused to buy Facebook. Now clearly Google shareholders are biting their elbows.
When they realized that they had lost, they made an attempt to correct the issue through the opening of their social network
When they realized that they had lost, they made an attempt to correct the issue through the opening of their social network. But for now, she cannot even come close to the brainchild of Zuckerberg. And why? Because Zuckerberg did something interesting, which will be discussed below, he was able to see prospects that Google representatives could not see.
In order to see them, you need to understand a marketing term such as need. We need to learn to understand just one simple term. In appearance, there’s nothing to understand, in appearance everything is clear. But you should not rush to conclusions, because the need in fact is not what it is customary to think about. Need is something more and little is said about it.
Need is a state of consumer uncertainty. This state is familiar to everyone, because everyone once wanted something, but did not know specifically what, was in a state of uncertainty, in a state of lack of information. It is from this state, precisely from the needs, that everything begins. Exactly how the need is satisfied will determine in the future in which direction the market will develop.
The first one to eliminate the need will turn the market in a direction favorable to itself
The first one to eliminate the need will turn the market in a direction favorable to itself. It seems that turning the market is impossible. But by correctly understanding the need, a lot can be done, because the need is what can be controlled. Previously, it was possible to consider only those market opportunities regarding which consumers already have information, i.e. regarding which need is already satisfied.
Now, with a new understanding of what poverty is, you can take on those consumers who are a kind of “blank sheet of paper.” Previously, such consumers were considered unpromising, but now, with a new understanding of what poverty is, they, on the contrary, are becoming one of the most promising, because it is precisely for them that they can introduce the necessary instructions and make them adherents of their goods and services.
The most interesting point is that needs also have a very specific reason. They arise for a reason. They arise due to the fact that some idea penetrates into a person. The idea of watching a movie causes a corresponding need. The idea of buying a car causes a corresponding need. The idea to buy a mobile phone is causing a corresponding need.
Thus, analysis of market opportunities begins with ideas
Ideas are invisible, so it’s not immediately clear what you want. They act on a person, cause sensations in him, but a person does not understand what he wants. Everything becomes clear only if the relevant information is received, which will reveal the essence of the idea. Thus, an analysis of market opportunities begins with ideas.
There are many, many, many ideas, which means there are also many market opportunities, but they are in a dormant state. In order to wake them up, you just need to realize the idea. Realizing ideas is pretty easy. First of all, it is necessary to “get” a good idea from the world of ideas. Then you just need to spread the idea among potential buyers. She will penetrate them and cause them need.