Tired of seeing the same solutions everywhere? Discover how to find the gaps and innovate…
By: A Staff Writer
Updated on: Jul 13, 2024
It’s difficult to stand out in a crowded market, especially for small businesses with limited resources.
How to deal with the problem:
- Analyze your competition: Study their strengths and weaknesses.
- Listen to customer feedback: What are their pain points with existing offerings?
- Think outside the box: Can you improve an existing product or service in a new way?
- Seek out niche markets: Are there underserved customer segments?
Innovation doesn’t have to be revolutionary. Finding gaps means providing a better solution, even if it’s only incrementally better.