Hello everyone, so this week let’s talk about the fundamentals of generating product ideas. So before we can start or begin our journey as entrepreneurs, we have to know what we plan to sell, whether they are services or products, nonetheless we have to ensure that we can give the best to our customers or potential customers in this case.
First step is brainstorming, yes it sounds cringy but brainstorming is an integral part of any sort of generating process. Be it for a name or product itself, brainstorming allows us to have a different picture of something. Pick up a pencil and write whatever that comes to your mind and you’d be surprised at what you can achieve by just doing that.
Next is none other than to browse other stores or shops. Yes, you can apply the saying “if you can’t beat em, then join em” right here. To make sure that you know what you’re coming up against, that is why it’s important to browse through. Key take is to do it often and always.
Then, you can browse what the current people like. To find your niche market, you need to see who your targeted audience or buyers are. If your niche market are people who now finally have adult money to purchase items, then it is best you look for products that sparks their inner child.
Lastly, ask your friends. What do they like and dislike. You’d be surprised to see such differences and that will open your eyes to other possibilities.
So whether your intentions are to come up with products or services, it is always important to brainstorm before you proceed with anything. Until then see you!
