Market Need Quotes

The purpose of a business is to create a customer.

Only a couple of companies in the world have the experience of building these machines, although the market need, if RFID did take off, would be for about 1 million of the machines running in parallel.

A living is made, Mr Kemper, by selling something that everybody needs at least once a year.Yes, sir! And a million ismade by producing something that everybody needs every day.You artists produce something that nobody needs at any time.

I saw there was an open market because everything was pushed towards young boys, but we had nothing for young girls. That was a role that could be filled, and finding Bayley helped.

I don't understand how you can have product-market fit and not a lot of people wanting your product. The two go hand-in-hand.

One of the top causes of startup death - right after cofounder problems - is building something no one wants.

Your business should be defined, not in terms of the product or service you offer, but in terms of what customer need your product or service fulfills. While products come and go, basic needs and customer groups stay around, i.e., the need for communication, the need for transportation, etc. What market need do you supply?

There had to be a market in order for you to be successful in a business. The market had to need your business, or the product of it.

Filling a need that others aren't addressing has always been a focus of the companies that I have been involved with.

The general market wants what I do.

A successful business must have a sound knowledge of its market and work on how its product or service will be different, stand out and improve people's lives. If you can ensure it responds to a real need in the market place, your business can punch well above its weight.

Research your idea. See if there's a demand. A lot of people have great ideas, but they don't know if there's a need for it. You also have to research your competition.

Most phenomenal startup teams create businesses that ultimately fail. Why? They built something that nobody wanted.

There is absolutely a gap in the market for thirty something women and, the more I look at it, the more I feel there needs to be a sense of ease and choice.

It's never easy to find players in the market who are exactly what you need at that time.

If you're doing something that people want, they'll find you.

The two big startup killers are when there's just no market for what you are doing, and team problems.