“How could our customers do this thing without us?”
“What can be removed from the process and still solve this problem?”
“How could this problem be solved without using a physical product?”
“What technology is likely to be introduced into our things?
“What will happen to prices of the thing we sell when more technology is introduced.?”
“What would a new entrant into this market likely do to meet customers needs?”
Once these questions are answered sufficiently and honestly, they ought go ahead and do these things. They are going to happen anyway aren’t they?
Follow me on SnapChat – search ‘Sammartron’ for more business insight. Click here if on mobile to add now.