3 Types of Markets ► Defining a strategy for YOUR STARTUP


3 Types of Markets ► Defining a strategy for YOUR STARTUP video 04:41

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Have a new business Idea? Well, have you thought about the market it would fall under?

In this video, we discuss the 3 types of markets every entrepreneur should think about before drawing out a strategy.

— Check out the blog post — http://www.skipmba.com/types-of-markets/

The 3 Types of Markets covered are:

1) New Markets – The product/service will allow its customers to do something that wasn’t possible before.

2) Existing Markets – Enter competition with a product that is already serving a customer base

3) Clone Markets – Taking a successful business model in one location and “copy” it to another location.

— Looking for resources to help get you started with your venture? Check out our reading list — http://www.skipmba.com/diy-mba-reading-list/

Understanding what market your product/service falls under would give you a holistic view of all the advantages and disadvantages you’re likely to encounter.

Types of Markets| startup Markets | business strategy | Existing Markets | Clone markets strategy | clone markets| clone markets explained | entrepreneurship concepts |running lean ash maurya| lean startup eric reiss |four steps to epiphany

3 Types of Markets ► Defining a strategy for YOUR STARTUP video 04:41

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