Jason: It’s not the only sign. It’s one of the elements something that I do really whatsapp number database like personally because when you see a market where there’s no large player but there’s a lot of players, what that tells you is that it’s a validated market. It’s a market where there’s a lot of people purchasing, but not one single brand has been able to perfect the product to attract everyone.
So that tells me that there’s an opportunity for me to create that solution for me to combine the elements of what makes each brand great, whether it is branding, the product, the marketing, or even a distribution model. Knowing that I was able to study all these brands and combine them together to create a single solution that may be able to attract the larger market and get bigger market share, that was a green light for me but it wasn’t the only thing that tells me to go for it.
Going to those factories in order to understand
if this technology or the function or the product idea that I’m envisioning is even viable. But oftentimes what would stop me is the legal process just because that takes a long time for me. And the way that I like to structure my business is fast to market and fast to sell. Oftentimes a lot of people get stuck in a particular stage of their business that ends up taking months or years. I like to do everything a lot faster. So if I see something with huge legal roadblocks, I like to avoid products like that.
Addressing existing customer
pain points bscscan: the ultimate guide to using it through product design
Felix: What’s your plan of attack once you know that there is no brand loyalty?
Jason: I like to focus on functions and features betting email list rather than a brand. A lot of bigger brands like to close off the existing brand value that they have already. But obviously as a new player with not a lot of capital that wasn’t an angle we can go for. We try to look for pain points that people have with these products.