AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Pivoting Towards Profit: Identify Market Gaps
Start with personal expertise and passions, then analyze market demand to pivot effectively. Initial budgeting products may show seasonal sales but face stiff competition. Adapt by exploring related niches, such as wall art, which can also be lucrative yet saturated. Ultimately, discover a unique market need, particularly for business solutions, to create valuable products, like templates, that offer substantial savings compared to existing options. This strategic approach to entrepreneurship emphasizes recognizing where skills align with market demands.