Identify your market niche
Posted: Sat Feb 22, 2025 3:14 am
In which market sector does your idea fit? To help you with these first two points, therefore to understand what people need, you can do a so-called market analysis.
Usually, this should be done by a professional with expertise in economics, because it involves examining your industry of interest, evaluating trends, market size, and competition. You can also do an initial market analysis on your own using online tools, industry reports, and other people's market analyses.
During this step, remember to identify the main kazakhstan cell phone number list competitors in your niche. Evaluate their strengths and weaknesses, as well as the marketing strategies they are implementing.
And then you have to find your target audience , that is, the recipients of your products or services.
Who might be interested? What are their characteristics? How old are they? What is their job? What is their status? What do they want? What are they afraid of?
The answers to these questions will allow you to create buyer personas , your ideal audience with whom you will have to communicate every day. And we all know that to create a relationship with someone we must first know them.
Usually, this should be done by a professional with expertise in economics, because it involves examining your industry of interest, evaluating trends, market size, and competition. You can also do an initial market analysis on your own using online tools, industry reports, and other people's market analyses.
During this step, remember to identify the main kazakhstan cell phone number list competitors in your niche. Evaluate their strengths and weaknesses, as well as the marketing strategies they are implementing.
And then you have to find your target audience , that is, the recipients of your products or services.
Who might be interested? What are their characteristics? How old are they? What is their job? What is their status? What do they want? What are they afraid of?
The answers to these questions will allow you to create buyer personas , your ideal audience with whom you will have to communicate every day. And we all know that to create a relationship with someone we must first know them.