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This strategy sounds relatively simple, but executes well can be a challenge. For starters, you need to find out which products and services you want your customers, and how big they will be willing to pay for them. Next, determine whether you can sell these products and services with profits. The best way to achieve this is to do a comprehensive market research before doing any resources (finance and humans) for the expansion of new products or services. Ask your customers now what they think about your new products and services, including potential price points. Market research You need to focus on customer demand for new products and services and your costs to produce, provide, and sell t