Ideation Phase

Why Market opportunity assessment?

At the Ideation / PoC stage it is but natural to have a rush of ideas and some seem so exciting that majority of the entrepreneurs lose sight of the market considerations. A stitch in time saves nine is a common saying and well suited to the early stage of the lifecycle. A market opportunity assessment study would help to spot unmet market which could be targeted with a tailor-made or a novel offering.

This would be a scorecard approach incorporating the key assessment areas of:

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