What countries or regions would you prioritize when creating a product?
KC Onrade
6 replies
Was that even one of your considerations or was it like -- creating a product that would primarily be available in your own country?
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Saranraj@sayoga
At Tekvo.io, we guide our clients in choosing the right markets for their products by analyzing tech adoption, market size, consumer spending, and growth potential. We focus on regions like North America, Europe, and Asia-Pacific, offering insights into local consumer behavior and competitive landscapes to ensure our clients' products reach their ideal audience efficiently and effectively.
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I think starting from your own country can have some advantages, even if this approach can have some limitations. This is because you perfectly know the culture and the market, and you have a closer community that can help you test and promote the product in the first stage.
@marco_decio agree on that Marco, familiarity on the territory is one thing but what would be your next target coverage after that? Would you expand on the same region or look for a location that might have a bigger market (which could be outside of your current region)?
As a tech enthusiast with a broad background in various industries, I always prioritize creating products that have a global impact. While it's important to consider local market needs, I believe in expanding the reach of innovative solutions to benefit users worldwide. After all, technology knows no boundaries - except maybe when it comes to convincing my grandma to upgrade her flip phone.
@thestarkster Wow that really makes sense and I totally agree with your point. Thanks for sharing that.