Research showing that your idea is something people will actually buy can support your business plan by communicating how you’ll ensure your product will sell. This research typically includes market analysis, customer surveys, and validation of demand, all of which demonstrate that there is a viable market for your product and strategies in place to effectively reach and convert potential customers.
Research showing that your idea is something people will actually buy can support your business plan by communicating: (1 point) Responses how much it costs to produce the product. how much it costs to produce the product. what the profit margin on the product will be. what the profit margin on the product will be. how you’ll ensure your product will sell. how you’ll ensure your product will sell. how many competitors you can expect in the marketplace.
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