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Can you really answer the question of whether an opportunity is real before developing a product concept?

User Jbgarr
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1 Answer

4 votes

Answer:

Yes

Step-by-step explanation:

For example, it has been said that what prompted e-commerce on platforms such as Amazon, eBay, etc was a result of the opportunity their founders saw with the invention/adoption of the internet.

In other words, they saw a real opportunity (through the internet growth rate) and thus decided to develop a product concept. Hence, we could thus conclude with a yes to the question.