basic business question

[Flint{$N}]

I thought this was basic common sense. I hope I'm right or my perspective of common sense is totally off.

[hra146]

Its different. Find a cool concept and bring it to where it doesnt exist yet.

[JoshK]

#2, but for some reason I cannot vote.

Cheers,

Josh

PS: Please see post Sell to a starving Crowd

[eniven]

Your poll doesn't work.

I don't see any reason why a product can't be developed by either means.

[Nato76]

Definitely find the market first and product second.

[Epple]

You need to be sure there is a market for your product before developing it.

[Flint{$N}]

not sure why its not working- i dont know how to change it either...well, that was a botched effort =P

I think that the market always has to be first found, then a product should be developed for them (referring to Josh's "starving crowd" link)

I posted this just to make sure i wasn't crazy. I had a arguement with 2 other guys (i was getting 2 on 1'ed) who said that it doesnt matter what order you do it in. My argument to that was if you dev. a prod. without a market, you've just wasted loads of time and resources...i basically think its the same as playing the slots- take a blind shot and see if you can make money.

[John21]

I'm not sure if that's even a proper way to phase the question.

With escalating technology we're faced with a situation where we have to reengineer the work itself to fit the ability and capability of the new tools.

If you look back to our human ancestors to the time when they discovered fire, and consider that a crude form of technology, on the surface they just developed a way to keep themselves warm at night. But dig a little deeper and you can see they developed markets for cooking, lighting, metallurgy, etc… And there's no way they could have perceived the need for the coming markets or the products.

So by providing us with new products and unique processes, technology, however crude, determines what constitutes a 'need' and ultimately defines the nature of consumer demand or the market.

When I take the blinders off, the traditional idea of "find a need and fill it" isn't quite applicable. What I'm seeing is that a product will often precede the need or the market, and I'm thinking more along the lines of "imagine a need and create it."

Just look at on-line poker: the market and the product both followed the technology. Exciting times. [img]/images/graemlins/smile.gif[/img]