Market trends Trends

The concept of "right product" refers to the creation and offering of a product that addresses the needs and desires of customers. It is a critical aspect of developing a successful and profitable business strategy. The process of building the right product involves identifying the needs of the target market, considering factors such as price, channel, and timing, and ensuring that the product addresses these needs in the right context. Building the product right, on the other hand, refers to ensuring that the product meets the required specifications and is implemented correctly. The importance of selecting the right product and offering it in the right place and at the right time is emphasized as a key driver of sales success. Overall, building the right product requires careful consideration of customer needs, business goals, and market trends.