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HOW TO FIND THE GAP ON
ESTABLISHED MARKET
USE THESE 4 STEPS TO FIND THE GAP
& BECOME DOMINANT MARKET PLAYER
1. START WITH YOUR
STRENGTHS
CREATE A LIST WITH YOUR MOST
SIGNIFICANT STRENGTHS
DESCRIBE THE STRENGTHS YOU HAVE
LISTED IN THE PREVIOUS STEP
LIST WHAT YOU CAN DO DEPENDING ON
THOSE STRENGTHS
ASSOCIATE STRENGTHS AND THINGS
YOU CAN DO WITH THE PROBLEMS YOU
CAN SOLVE ON THE MARKET
2. FIND A NICHE ON
EXISTING MARKET WITH
UNSOLVED PROBLEMS
LOOK AT YOUR STRENGTHS AND
INTERESTS AND FIND A RELATION WITH
THE MARKET AND PROBLEMS THAT
COMPANIES SOLVE ON THAT MARKET
MAKE A LIST OF SPECIFIC PROBLEMS
THAT AREN’T SOLVED YET, BUT YOU
CAN SOLVE THEM
MAKE A LIST OF SPECIFIC
IMPROVEMENTS OF CURRENT PROBLEM-
SOLVING PROCESSES
TEST YOUR CONCLUSIONS FROM
PREVIOUS STEPS. ENSURE THAT YOU
MAKE A TEST WITH POTENTIAL
CUSTOMERS ON THE MARKET
YOU SELECT
3. COPY AND IMPROVE
IS THERE SOME GAP THAT YOU CAN FILL
WITH YOUR COMPETENCIES AND
STRENGTHS?
WHAT WILL BE EXTRA VALUE FOR
CUSTOMERS IF YOU FILL THOSE GAPS?
ARE POTENTIAL CUSTOMERS READY
FOR IMPROVEMENTS THAT YOU WILL
PROVIDE? CAN THEY AFFORD WHAT
YOU WILL OFFER TO THEM?
IS IT HARD FOR OTHER COMPANIES TO
FULFILL THE SAME GAP YOU ARE
DISCOVERING?
4. RESEARCH TRENDS ON
ALREADY ESTABLISHED
MARKET
TRY TO FIND AS MUCH AS POSSIBLE
THINGS THAT ARE NOT SO VISIBLE TO
OTHER PEOPLE
READ MORE AT:
WWW.ENTREPRENEURSHIPINABOX.COM
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How to find the gap on established market

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Use these four steps to find the gap & become dominant market player

Read more on http://www.entrepreneurshipinabox.com/12388/how-to-find-the-gap-in-an-established-market/

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How to find the gap on established market

  1. 1. HOW TO FIND THE GAP ON ESTABLISHED MARKET USE THESE 4 STEPS TO FIND THE GAP & BECOME DOMINANT MARKET PLAYER
  2. 2. 1. START WITH YOUR STRENGTHS
  3. 3. CREATE A LIST WITH YOUR MOST SIGNIFICANT STRENGTHS
  4. 4. DESCRIBE THE STRENGTHS YOU HAVE LISTED IN THE PREVIOUS STEP
  5. 5. LIST WHAT YOU CAN DO DEPENDING ON THOSE STRENGTHS
  6. 6. ASSOCIATE STRENGTHS AND THINGS YOU CAN DO WITH THE PROBLEMS YOU CAN SOLVE ON THE MARKET
  7. 7. 2. FIND A NICHE ON EXISTING MARKET WITH UNSOLVED PROBLEMS
  8. 8. LOOK AT YOUR STRENGTHS AND INTERESTS AND FIND A RELATION WITH THE MARKET AND PROBLEMS THAT COMPANIES SOLVE ON THAT MARKET
  9. 9. MAKE A LIST OF SPECIFIC PROBLEMS THAT AREN’T SOLVED YET, BUT YOU CAN SOLVE THEM
  10. 10. MAKE A LIST OF SPECIFIC IMPROVEMENTS OF CURRENT PROBLEM- SOLVING PROCESSES
  11. 11. TEST YOUR CONCLUSIONS FROM PREVIOUS STEPS. ENSURE THAT YOU MAKE A TEST WITH POTENTIAL CUSTOMERS ON THE MARKET YOU SELECT
  12. 12. 3. COPY AND IMPROVE
  13. 13. IS THERE SOME GAP THAT YOU CAN FILL WITH YOUR COMPETENCIES AND STRENGTHS?
  14. 14. WHAT WILL BE EXTRA VALUE FOR CUSTOMERS IF YOU FILL THOSE GAPS?
  15. 15. ARE POTENTIAL CUSTOMERS READY FOR IMPROVEMENTS THAT YOU WILL PROVIDE? CAN THEY AFFORD WHAT YOU WILL OFFER TO THEM?
  16. 16. IS IT HARD FOR OTHER COMPANIES TO FULFILL THE SAME GAP YOU ARE DISCOVERING?
  17. 17. 4. RESEARCH TRENDS ON ALREADY ESTABLISHED MARKET
  18. 18. TRY TO FIND AS MUCH AS POSSIBLE THINGS THAT ARE NOT SO VISIBLE TO OTHER PEOPLE
  19. 19. READ MORE AT: WWW.ENTREPRENEURSHIPINABOX.COM

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