tag:blogger.com,1999:blog-10292068.post3255288984488474333..comments2008-01-08T04:06:43.243-05:00Comments on PowerHomeBiz Small & Home Business Blog: How Do You Determine the Needs of Your Target Mark...PowerHomeBiz.comhttp://www.blogger.com/profile/17804035004062295326noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-10292068.post-32719479168998159492008-01-08T01:31:00.000-05:002008-01-08T01:31:00.000-05:00That's a great approach to the question. Let me p...That's a great approach to the question. Let me put it more generally: if you ask your customer what he needs, he'll tell you what he's already buying. To find a great new niche, you have to ask, what would the customer buy if only it were offered to him? The classic case study is Post-It notes; nobody was asking for it, but when they had an opportunity to use them, they bought millions.<BR/><BR/>The concept is easy; finding new needs is hard. Understanding your target audience--being one of the target audience--really helps.Bill Conerlybusinomics.typepad.comnoreply@blogger.com