Market for Brand New Product

Full Member
alan-israel
Posts: 1
Joined: 29 May 08
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10 Jul 08 05:46:05 am
I have identified a market niche that is in its infancy. Almost noone knows about it yet because the product is brand new and only a few manufacturers make it. But the downside is that I don't have any hard data to assess what the potential market would be for the product. Do I take the plunge and just try it? The average price is about $200 retail. (for obvious reasons, I am reluctant to disclose what the product is...hope you understand).

Free Member
designerthriftshop
Posts: 292
Joined: 27 Sep 07
Karma: 
10 Jul 08 12:48:58 pm
I would just try a small amount to get your feet wet & see what response you get. If it's positive, then go for it! You'll never know until you try!

Site Admin
fudjj
Posts: 5906
Joined: 27 Jul 07
Karma: 
27 Jul 08 07:50:27 am
Yep, I agree.

Kick it of with a MOQ purchase, and see where it it goes!


Mark (fudjj)

Community Manager
SaleHoo.com

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Full Member
harrygirn
Posts: 10
Joined: 16 Mar 09
Karma: 
6 Apr 09 03:45:22 am
I have identified a market niche that is in its infancy. Almost noone knows about it yet because the product is brand new and only a few manufacturers make it. But the downside is that I don't have any hard data to assess what the potential market would be for the product. Do I take the plunge and just try it? The average price is about $200 retail. (for obvious reasons, I am reluctant to disclose what the product is...hope you understand).


Hi Alan
I am based on Asia. I have software prgroame I use to find out the demand for a product and to see how big the compitition is out there. If you are confortable let me do some research for you. If I like the product, I wouldn't mind coming on board with you (covering Asian market).

Not trying to sell you the idea but dependent on the product and the selling price I may be able to get it out to my database of 75000 young Thai's.

Let me know your thoughts
Rg
Harry

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