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Needs are ideas of something that hasn’t existed yet, and its invention would change the lives of millions of people
Wants are ideas of upgrading existing things in order to satisfy desires of individuals
Demand appears when an individual or an organization is ready to make investments into creating new needs or wants
People need or want something that doesn’t exist yet, and they have no idea and no imagination about this thing
People need or want something that doesn’t exist yet, and they can clearly imagine this thing
A company wants to explore new undiscovered markets
A company wants to get a competitive advantage and differentiate itself
A company wants to continue self-improvement in order to defend its top positions
A company wants to be a pioneer in the field
An individual wants to start a business and come up with a unique idea
Do you have any questions or offers? Don’t hesitate, contact me:
E-mail: [email protected]
https://www.linkedin.com/in/alexryzhakov
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