5 Step Venture eMentoring Program™
Is there a need for the proposed service or business in the community?
Without a market and customers, you cannot have a business. All too often, people become so excited about their business idea that they forget to check on this important point. Here you start by writing down the key reasons why someone would buy from you (versus someone else), who they are, and how many are there. In Step 2, under the market planning section, you answered a number of important questions. Take some time now to review these answers; it will help you to write the answers to this section.
In this session the goal is to examine the reasons you believe that there will be a market for your goods or services. We also showed you a number of sources for market data.
The key to answering this marketing question is to make it all personal.
If you've completed Step 2e: Market Analysis during this session, the following fields will be populated with your responses. If you've completed this step at another time, you should have an email record of the results. Otherwise, you may go to Step 2e and complete the exercise, or enter your ideas below.