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2024-03-01T14:44:01.054Z

Methods for Market Research 1) Start with Existing Data :- You can refer any website, article, etc I prefer IBEF org website for industry analysis 2) Customer Interview :- It's very important to interview your customers. They will help you to know problems and gaps. You can also interview your old customers who use your product 3) Scan All Touch Points :- Touch Points are those where your business and customer interact eg Your Website, Ad on Social Media, Your Store etc etc 4) Analysis of Competitor :- Do SWOT analysis of your business 5) Identify Pains and Gaps while Buying :- Analyse that why your customer is not buying your product is he feeling some difficulty while buying 6) Pivot :- Firstly Focus on only 100 customers, perfectly study them, make all mistakes, learn from your mistakes and then proceed further. Market Research is a vast topic. There are many other methods but it's Difficult to cover all in one post Let me know your doubts

Sanskar

Stealth • 3m

Large cities are suffering from water scarcity crises but this Israeli company has found the solution for it. Watergen is one of the leading suppliers of Atmospheric Water Generators (AWGs) globally. They are known for their different range of AWG p

Vaibhav Gupta

Stealth • 3m

How does it work

Sanskar

Stealth • 3m

The machine draws in humid air through a filter to remove dust and other particulates. The air is then passed over a cooled surface or cooled using a refrigerant. As the air cools, the water vapor condenses into liquid water. Then The condensed water droplets are collected into a reservoir. The collected water is then passed through multiple filtration and purification stages, including carbon filters, UV light, and mineralization, to ensure it is safe to drink. This step removes any contaminants and adds essential minerals. The purified water is stored in a clean, sealed tank until it is needed. The machine has a tap or a dispenser to provide access to the stored water.

1 replies

Replies (1)

Vaibhav Gupta

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I think the biggest issue here is cooling cheaply no? Else there is no rocket science involved. It all comes down to effective cooling for condensation. I think better problem statement would be desalination cheaply.

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