A few days ago
Anonymous

what is the definition for…?

whats the definition for “gaps in the market”??

Top 1 Answers
A few days ago
riverrat15666

Favorite Answer

Simply…..There is a market for corn…..and a market for Lima beans…someone had to say…”there is a gap between these two markets” and created succotash….which is a combination of the two, creating a new market.

Same goes for cell phones…and cameras….2 markets combined to forn a cell phone capable of taking pictures, a third market!

It’s all about satisfying a need….or even creating one that noone knows they need until it’s shown to them. I hope I gave you a general idea.

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