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How To Know If Your Market Is Open Enough?

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ozbuck

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Hi Guys,

Ive had some really good feedback from the forum already, so thanks! :icon_super:

I have another question...

How do you know if the market you want to tap into is viable?

I'm planning to sell a product/s that help someone overcome a health condition.

There are already people in this market who have products teaching VERY SIMILAR information. Not a lot of informational online products though. There are around 5-10 serious/sincere books on Amazon for example. (At this stage i plan to create e-products)

So what questions do you (those who have started and grown a successful business - preferably online) ask yourself on whether the market is viable before getting committing yourself?

There is definitely a NEED in my market... but no one out there is DOMINATING the market from what it looks like.

An example, there was a need in the 'dating for men' market 10 years ago, there were authors out there giving dating advice for men but then a guy like Eben Pagan (David DeAngelo) comes along and DOMINATES it.

However, he has a different slant compared to what was already out there, whereas mine will be pretty darn similar to what out there at the moment.

But I guess its what like MJ says, you dont need to reinvent the wheel you just gotta make it smoother and my greased up.


Any thoughts, questions, etc ?

Thanks again, :eusa_clap:

Oz
 
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Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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