What is the best market to launch in?
Philipp Shay
9 replies
Imagine you have the chance to launch any product. What market (EdTech, HeathTech, AdTech and etc.) would it be in and where (US, China, EU and etc.)?
Replies
Igor Lysenko@ixord
IXORD
I think depending on what product you make
Share
Launching soon!
the United States and I think it depends on your skillset and idea but I love the EdTech sector. Within the next 10+ years I see the creator economy exploding.
That's an interesting question. There's so much being done in AI, content, etc., that it seems it's almost overcrowded.
What in that space is actually less crowded but has high use case potential? I'm still working on figuring that out as well. I'll be interested in seeing the responses.
@bradley_w Absolutely, targeting established markets with verified demand is a wiser approach today. High competition often indicates strong potential for boosting your MRR. I tend to avoid uncharted territories due to the risk involved. Nowadays, effective marketing and customer engagement are key. While innovative tech is crucial, battling through it requires millions on you bank account.
@kinzarra thanks for the perspective. That makes sense. I do have a few ideas for AI use that are more on the 'ambitious' side, so it is somewhat of a daunting task to believe that I should take that on first. Maybe something more practical initially is the best approach. Then hopefully I'll have generated enough capital to comfortably take more risk.
aiforme.wiki
I would focus on "Sustainable Technology" within the EnergyTech sector. This product would aim to provide innovative solutions for clean and renewable energy generation, storage, and distribution.
The ideal market for this product would be global, with a strong emphasis on regions that are actively pursuing clean energy initiatives, such as North America, Europe, and Asia.
What do you think?
@akanksha_hunts Awesome! Your vision is fantastic. The energy tech market has immense potential. You're smart!)))