Re:Ask HN: How to Identify a Need in the Market?
by Leftium on Friday March 22, 2024 @10:42AM
(#39791224)
> It seems like everything that could be done with software has been done.
This implies you think selling something "new/different" will be easier to sell. But that might not be true.
- Competition is good because it validates the product/service. It means there is a market and people are buying already.
- "New" things will also have competition (in a different form). Your prospects will likely already have a product/method for accomplishing the thing your product/service provides. For example an air conditioner doesn't just compete with other air conditioners. They must also compete with other ways of cooling like fans or even water.
This implies you think selling something "new/different" will be easier to sell. But that might not be true.
- Competition is good because it validates the product/service. It means there is a market and people are buying already.
- "New" things will also have competition (in a different form). Your prospects will likely already have a product/method for accomplishing the thing your product/service provides. For example an air conditioner doesn't just compete with other air conditioners. They must also compete with other ways of cooling like fans or even water.