The same principle can be applied to marketing:
Posted: Sun Feb 02, 2025 9:09 am
Demand for goods and services is the fundamental economic premise around which the entire global trading system revolves.
Countries trade with each other based on demand for their own goods and services, with different countries meeting that demand with their own supplies.
if there is a demand in the market for your product or service, you can create a marketing plan to monetize that demand.
For startups, demand is of course the key to their survival, as without demand, products and services cannot be sold or marketed, and as a result, businesses will go bankrupt.
One sector that is seeing growing demand is the rcs data uk software industry, with demand expected to reach $608.70 billion in 2022, according to Statista.
Moreover, according to these statistics , there are approximately 305 million startups created each year, of which 1.35 million are technology-based. This highlights the fact that the overall demand for software is driven by the huge number of tech startups.
Of course, high demand for any product or service usually comes with high competition as companies compete for customers in a crowded market.
So, when multinational software companies like IBM or Microsoft are already established in the market, already monopolizing the market, how can a startup business generate demand for its new software?
The answer is to create a demand generation funnel. This is a funnel that will generate interest in your software product and help you create a healthy flow of potential customers.
But how exactly can a demand generation funnel help your software startup? Let’s find out…
Countries trade with each other based on demand for their own goods and services, with different countries meeting that demand with their own supplies.
if there is a demand in the market for your product or service, you can create a marketing plan to monetize that demand.
For startups, demand is of course the key to their survival, as without demand, products and services cannot be sold or marketed, and as a result, businesses will go bankrupt.
One sector that is seeing growing demand is the rcs data uk software industry, with demand expected to reach $608.70 billion in 2022, according to Statista.
Moreover, according to these statistics , there are approximately 305 million startups created each year, of which 1.35 million are technology-based. This highlights the fact that the overall demand for software is driven by the huge number of tech startups.
Of course, high demand for any product or service usually comes with high competition as companies compete for customers in a crowded market.
So, when multinational software companies like IBM or Microsoft are already established in the market, already monopolizing the market, how can a startup business generate demand for its new software?
The answer is to create a demand generation funnel. This is a funnel that will generate interest in your software product and help you create a healthy flow of potential customers.
But how exactly can a demand generation funnel help your software startup? Let’s find out…