The only thing ever constant in this world is change, and the same is true for trade businesses. The market just continues to evolve and it will keep evolving. So, you need to either go with the evolution or get left behind and watch your business go down the drain.

Today, I felt inclined to do a podcast that would help trade business owners spot great opportunities within their vertical. Most of the time, we find it hard to catch up with new trends that we tend to miss out on opportunities. We need to capitalise on these emerging trends, but how?

Let me show you how through this simple framework I’ve put together. You can use this for your business to ascertain whether or not potential opportunities are going to be a hit or a miss. Let’s get into it!

Discussion Points: 

• 0:00 Opportunity Analysis
• 1:54 Welcome to the podcast
• 2:27 Prelude to the topic
• 8:42 Question # 1: Is there a specific market avatar for your product?
• 9:11 Question # 2: Is there market awareness?
• 9:24 Question # 3: Is there market potential?
• 9:44 Question # 4: Does it support a trend?
• 10:07 Question # 5: Has this technology been around for 12 months?
• 10:54 Question # 6: Are there competitors?
• 11:28 Question # 7: Does it have supporting services? Or cross-sell opportunities?
• 13:16 Question # 8: Does it require certification and compliance?
• 13:40 Question # 9: Are there financial incentives?
• 14:13 Question # 10: Are there environmental advantages to this product?
• 16:09 Bonus Question: What’s the net profit of this specific product?

Resources:

• Lead Magnet: https://docs.google.com/document/d/14_9lauJLEYIW8ohEW9gQa42KgDW84j0am75Isfn9h-E/copy
• The Opportunity Assessment (FREE GIVEAWAY FOR A LIMITED TIME)
• Go to https://tradie.wiki/grow and use the code: SITESHED
• Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed

Connect w

Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don’t get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today! 

👀 Check This Out:
Thinking about adding AI to your trade business? Discover what’s possible with TradieHub.net

📲 Stay Connected:

• Facebook: The Site Shed
• Instagram: @thesiteshed
• LinkedIn: The Site Shed
• Website: thesiteshed.com
• Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed

⭐ Enjoyed This Episode? Leave us a review here!

• Google
• Facebook
• Spotify/Apple