What to check when you start to invent new ideas? Here are some key things to keep an eye out for. This article will cover Feasibility studies, Market research, Prior art, and the cost of existing products. Then, you can begin to evaluate the potential of your idea. Hopefully, this guide will prove helpful as you begin your invention journey. Hopefully, you will discover that your idea is a winning one!
When developing a new idea, you need to conduct market research. This is done by collecting data on existing products and services, as well as by interviewing people in the street. This is useful in determining the popularity of a product or service, and can also inform future marketing efforts.
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