Which of the following is very important to ascertain during your venture concept reality check process?
A) Customer satisfaction with existing solutions/alternatives
B) Whether customers perceive your solution as distinctive
C) Whether customers would be willing to pay more for your solution
D) All the above

Question

Quizplus · Accepted Answer

All of these factors are important to consider during the venture concept reality check process. Customer satisfaction with existing solutions/alternatives will determine if there is a need for your solution. Whether customers perceive your solution as distinctive will determine if they will choose your solution over competitors. Whether customers would be willing to pay more for your solution will determine if your solution is financially viable.

Which of the Following Is Very Important to Ascertain During