How to Identify the Right Market for Your Product Expansion

Problem: Businesses expand based on assumptions, not actual fit — resulting in misaligned demand and sunk costs.

Solution: Evaluate markets based on demand density, entry cost, competitor gaps, and trade incentives.

Comparison:

  • Guesswork = expensive learning curve.
  • Data-based evaluation = focused investment.

Actionable Recommendation: Shortlist 3 potential markets, then test buyer interest digitally before committing resources.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top