Identify a good market (category, audience, industry, niche)
A "market" is really the sum of customer behavior in a category:
- Number of potential customers
- How much they spend
- The frequency at which they buy
- Their willingness to pay
- The forces that affect demand
A "market" is really the sum of customer behavior in a category:
- Number of potential customers
- How much they spend
- The frequency at which they buy
- Their willingness to pay
- The forces that affect demand
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