Market for Brand New Product

alan-israel

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

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

Yep, I agree.

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

harrygirn

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

Harry

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