1. How does one determine the product or services to be produced and/or to be provided to the target customers?
Answer (1)
Answer:Determining the product or service to produce or provide involves understanding your target customers' needs, preferences, and pain points. Here's a simple approach:1. Conduct market research to identify gaps or opportunities.2. Analyze customer feedback, reviews, and complaints.3. Assess your own skills, resources, and expertise.4. Evaluate competitors and market trends.5. Validate your idea through surveys, focus groups, or prototypes.
