Have I proved that there really is a market for my business?
How do I best understand that market and how do I tailor my approach to get my message through?
You must fully understand the dynamics of the market that you’re trying to sell to. Consider key questions such as:
- Who values what I’ve got to sell?
- Does one group of people value it a lot more than others?
- How can I help them understand what I am offering them?
- Which competitors are trying to attract this market’s attention, and how can I gain an advantage over them?
- How much do I need to charge to make a good return, and is this feasible?
As part of your regular one-on-one mentoring sessions and monthly progress review meetings, the ICE Accelerator Start-Up programme will help you assess the viability of your target market and adjust your business model accordingly.