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Subject:
evaluating the market for a new technology product
Category: Business and Money > Advertising and Marketing Asked by: jeffrey333-ga List Price: $10.00 |
Posted:
28 Jan 2003 20:36 PST
Expires: 27 Feb 2003 20:36 PST Question ID: 149785 |
How does one go about evaluating the market for a new product? How should pricing be determined? I'd like to be able to construct a statement like: 1 in 10 households would want such a device if it were X dollars. It would be great if you could provide an example based on something like webcam sales. The product we're developing is a technical tool (gadget) that could be useful in many households. There are currently no similar products on the market. (I can't give much more detail about the product at this point.) | |
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