Market for Brand New Product


alan-israel
Full Member
  • Posts: 1
  • Joined: 29 May 08
  • Karma:
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).


designerthriftshop
Free Member
  • 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!


fudjj
Site Admin
  • Posts: 6496
  • 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

Link hidden: Login to view

harrygirn
Full Member
  • 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


 

SaleHoo helps over 137,216 online business owners
find reliable low cost suppliers

Find out how