It means a market that exists that a product was not originally intended or developed for but have now shown positive needs or wants for that product, or have the ability to develop those needs or wants.
what is meant by product led and market led new product developmrnt approaches?
The customers in a vertical market come from one specific industry, and use a particular product for different things. In a horizontal market, customers come from various industries, but all use a product for the same purpose.
A product alternative refers to a different option or substitute that consumers can choose instead of a specific product. These alternatives can fulfill the same need or function but may differ in features, quality, price, or brand. Companies often analyze product alternatives to understand competition and consumer preferences, helping them to position their offerings effectively in the market.
Atarget market is the market segment which a particular product is marketed to. It is often defined by age, gender and/or socio-economic grouping. Market Targeting is the process in which intended actual markets are defined, analyzed and evaluated just before the final decision to enter is made.
A product (or service) is sold or can be sold throughout the world, not just on one continent
A product or service is sold or can be sold throughout the world,not just on one continent
It appears there may be a spelling error in your question. If you meant "niche," a niche refers to a specialized segment of the market for a particular kind of product or service. It is a distinct and specific area in which a company competes or operates.
"Nichie" does not have a widely recognized meaning in English or other common languages. It may be a misspelling or a specific term in a niche context, such as a brand name or a slang term in a particular community. If you meant "niche," it refers to a specialized segment of the market for a particular kind of product or service. Please provide more context for a more accurate answer.
The term \"inventory\" in an organization is the count of product or items. It helps keep track of items going in and out of a particular place.
The concept behind this frequently used pricing objective is to simply match the price established by an industry leader for a particular product.
product defferentiation
It is an alternative to the traditional PBX