What are the barriers to entry for revamped or new product

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Reference no: EM133197968

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Watch the video "Are You Sitting on a Million Dollar Idea?" and answer the following questions:

Task

1. What product would love to see revamped to meet your needs. Or is there a new product that has not yet been created to meet your needs. Do not create a charity/non-profit as this will cause challenges in later discussion.

2. Using the bases of segmentation, define the target market for your new creation.

3. What are the barriers to entry for this revamped or new product?

Reference no: EM133197968

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