1. Propose ONE new product or service that you should produce or develop for a new...

 

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1. Propose ONE new product or service that you should produce or develop for a new startup business through e-commerce web application. Give reasons and justify why you suggest that product. 2. Conduct a research based on the questions given in the table below. I. Where do your target audience and current customers go to learn about your product or service? II. Which of your rivals does your target market turn to for information, choices, or purchases? III. What's trending in your industry and among your customers? IV. Who makes up your market, and what obstacles do they face? V. What factors affect your target audience's purchase and conversion decisions? VI. Consumer perceptions of a specific issue, suffering, product, or brand VII. Unmet or underserved client demands that may be turned into a revenue stream VIII. Perceptions of pricing for a certain product or service 1. Propose ONE new product or service that you should produce or develop for a new startup business through e-commerce web application. Give reasons and justify why you suggest that product. 2. Conduct a research based on the questions given in the table below. I. Where do your target audience and current customers go to learn about your product or service? II. Which of your rivals does your target market turn to for information, choices, or purchases? III. What's trending in your industry and among your customers? IV. Who makes up your market, and what obstacles do they face? V. What factors affect your target audience's purchase and conversion decisions? VI. Consumer perceptions of a specific issue, suffering, product, or brand VII. Unmet or underserved client demands that may be turned into a revenue stream VIII. Perceptions of pricing for a certain product or service