The Right Product to the Right Market

By: K. De Borja

Many products are emerging in the market and across different trade
and industry. Wherein a lot of products’ demand and supply should always consider
as the major critical factor of in establishing it in the market. Since technological era
arises, a lot of new customer also emerged, that causes several enterprises offers
variety of services and products that exacerbates competition. From these market
scenarios, an entrepreneur’s faces off several challenges and difficulties. Therefore,
he/she needed to be fully equipped with traits, knowledge, and skills in order to
overcome these and reach a competitive and competent enterprise relative to its
target customers varying interest.

From the start, they say “nobody is perfect” that suggests existence
of perfect entrepreneur were merely ideal. But remember that there’s a lot of notable
entrepreneur who are acclaim to be successful and near beyond perfection! How is it
became possible? Even if opportunity can be encountered unexpectedly, we should
seek it always ahead via a planning or a business agenda. That’s why a lot successful
entrepreneur existing! They don’t stick to a static flow of their product. In short they
mainly focuses product on-going development. They tend to develop even more new
product in order to sustain and maintain the changing taste of new customers. These
can be determined by establishing research feedback mechanisms after establishing
prototype of products before selling your finalized product output .From these an
entrepreneur should apply his skills on thinking of new products creatively that makes
an appeal to another undefined customers. But not all ideas after creating it is always
feasible or technically profitable and effective when applying into a real life. In this
part the entrepreneur applies his technical on working out these. Lastly, after
applying those two entrepreneurial minds, it will not be completed without getting of
business mind. Wherein an entrepreneur should harness the potential of new
products, organized sufficient forces and resources, and manage its market
environment through educated experimentation. In which leads to forecasting the
key outcomes of their products or services before employing it to the market.

In summing up all, an entrepreneur should not be self-assured all

the time, it is because of constant changing market demands and supply relative with
target customers varying interest and tastes. These can be seen that being an
entrepreneur should set it goals ahead of time through planning and practicing it
relatively on each entrepreneurial minds timely.

Kerby B. De Borja

12-Faraday