Investing Quote by Chris Anderson
““5. Redefine your market.””
About This Quote
Source Talk: TED Talk “The Future of Retail”, Chris Anderson, 2015
Redefining your market means identifying new customer needs and reshaping offerings accordingly.
In simple terms: Find new customers and adapt your product.
Seek untapped opportunities.
Themes
Mood
Type
When to use this quote
- product launch
- market research
- business pivot
- branding
- sales strategy
Key Concepts
Questions to Reflect On
- What unmet needs can you serve?
- How will you communicate change to current customers?
Market redefinition can alienate existing customers if not managed.