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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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Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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