WE'VE MOVED!

We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
Options

Market Search?

art8art8 subscriber Posts: 6
edited September 2007 in Developing Your Invention
 Hello Sun forum,   I`m new here so please easy on me. What a great site and you guys are so informative and supportive. Here is my situation. I`m currently trying to see if there is a market for a decorative product line that i have created. They are all in prototype form and so far family and friends love it. Some good reaction from acquaintance.  So here is my problem. Before putting more money into it (beside my gut telling me yes) I want to assure my brain that this has real chance of taking off. I`m about to do a survey and see what kind of reaction I will get from potential customers. My target market, those beautiful, mysterious, wise and loving women. Where money would  not be important without them. (N. Hill)  This is where I get lost. I have no market skill to do a survey. Questions, price line , location, etc. Thank you for your wise and helpful advise
· Share on FacebookShare on Twitter Share on Google+

Comments

  • Options
    PiperTaxPiperTax subscriber Posts: 5
    Using Google`s Adwords can be an excellent (and very cost-effective) means of market research. Sign up, bid on as many related keywords as you can think of, set a conservative daily budget.
    Within just a few days you`ll see how many people are searching for your type of product.
    · Share on FacebookShare on Twitter Share on Google+
  • Options
    DeepakDeepak subscriber Posts: 0
    Hi,
    Try doing a research with information available on sites related to your products. Find out if you have similar products by using likely key words, that has features, specifications, product specific terms etc on google or yahoo search engines. I`m sure you`ll get lot of information of the market.Deepak2007-9-16 2:54:58
    · Share on FacebookShare on Twitter Share on Google+
  • Options
    art8art8 subscriber Posts: 6
    The response have been great and I`ll try to cover over some variables that I might not have not thought over.Thank you Nevaduscal  I tried the  Census Bureau web site And that confirmed some  of my gut instinct . Again the target are women ages 18- 65. The decorative  product line will cover most of the income level in that the prices of the product will be from  low to high end. But I need reaction data.Thank you Deepack,  I have searched the web and there are products out there that are similar but they generally are simple in design. I guest this is where the better mouse trap scenario comes in.  The design is the new thing here in that I have never seen anything like it. Working in construction for years and have been in hundreds of houses. I have never seen  any thing like it. Again not saying that it does not exist just have not come across it. It was one of those AHA moment.  (This probably applies to most of the products here, and that`s why I love this site).Thank you CraigL. Your insight are always great. After trolling this site for a week now, you always perk up my ears. Maybe because I have the same interest in philosophy and also in general I`m trying to combine the mind and the body into one(hard and does not last).  Not to get side track here, but I only have a copy wright on these design since they are sculptural by definition and they are still in prototype as of now. The quality could be tweaked more. I don`t want to start throwing it on the Net. or the craft show just yet. Maybe I`m over cautious here(secretly I want someone to copy it, then I know that it is a good idea ).  I like the community college idea I`ll give that a try. I was going to do it my self and have a focus group but again I have no back ground in the matter. Again thank you for the answers and if there is more that can be added like the copy wright or patent question I will be more receptive in hearing them.
    · Share on FacebookShare on Twitter Share on Google+
Sign In or Register to comment.