How do you determine that your market is ready for a new product that you want to bring?

[Fidelia]

Businesses always want to innovate and bring new products to the market. It is one thing to introduce a new product, and it is another thing for the market to be ready to receive the new product.

How do you determine that the market is ready to receive your new product?

 

[Stardom22]

For instance when you have got some suggestions from customers about some products.

 

[Kross]

I think the major determinant with that would be the market demand of new product or service that you want to bring. Do the customers ask for something in that line?

 

[Min George]

If your target market is already paying for walk arounds for the problem your new product would solve, it means they are ready for the product.