How to Evaluate the Value , Merit of Your
Idea
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Which
Unmet needs is the product going to satisfy?
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Is
there sufficient data to substantiate that these are truly Unmet needs
for the customer?
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Which
product features will satisfy these unmet needs? How?
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What
product claims will be made?
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Are
design criteria established for the product?
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Have
preliminary product, component and packaging specifications been
developed?
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What
type of testing will be done in order to evaluate the soundness of the
product design?
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How
long should the product be expected to last?
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Be
especially careful if the new product will utilize any unproved
technology. It would be better for you if that technology got tested with
somebody else's money.
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Who
are my competitors?
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How
can they affect my sales?
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What
are the most effective channels of distribution?
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What
are the prices of competitive, similar products?
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Which
are the major factors that influence potential users? Price, quality,
brand name, service, etc.?
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What
is the best way to gain exposure in this market?
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Are
there any drawbacks to selling in this market?
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Who
are the best potential buyers and representatives for my product?
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Are
there any potential licensing or joint venture partners in this
market?
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TechnoBusiness
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Costas B. Chantzis,
CEO
Tel.:
908.387.9276
Fax: 908.387.0447 Email
Home
Home
Who We Are
Unique Strengths
Our Services
Projects Resume
Your Next Step
Write Us
What's New
Articles
Ask
SolvWizSM For FREE
TechnoBusiness
Solutions
403 Christie Ct.,
Stewartsville, NJ 08886 USA
Costas B. Chantzis,
CEO
Tel.:
908.387.9276
Fax: 908.387.0447 Email
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