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How can market potential be ascertained?

April 26, 2017ascertained market potential

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How can market potential be ascertained?

3 Answers

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Market potential can be ascertained by conducting preliminary study by prospective entrepreneur to get an in sight of the product/ services to be setup. An entrepreneur can estimate local demand, demand within the state or country, export market and future prospects of product(s)/service(s). Visit to wholesale and retail markets, bulk consumers etc. provides accurate information on market potential.

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10 Posted

Market potential can be ascertained by conducting preliminary study to estimate local demand, demand within the state or country, export market and future prospects of product(s)/service(s). Visit to wholesale and retail markets, bulk consumers etc. provides accurate information on market potential.

0

Posted

Market potential can be ascertained by conducting preliminary study by prospective entrepreneurs to get an insight of the product/services to be set up.An entrepreneur can estimate local demand,demand within the state or country.Export market and future prospects of product(s)/service(S).Visit to whole sale and retail markets,bulk consumers,etc.provides accurate information on market potential.