How to figure out which products people need
Are you looking into selling products for profit or starting up a business? Whether you’re looking at importing products, producing them yourself, or creating an entirely new product that has never been done before, the first thing you’ll need to do is determine what products people need… as creating a product that no one wants or needs would be futile. Because of the economic challenges faced in 2020 and the drastic lifestyle changes people faced during lockdown, the products that people need have changed significantly. There is a lack of spending power amongst the general consumers, and people are more likely to spend money on products that are practical and serve a purpose than they would on luxury items. But how do you figure out what products people need?