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obstacles, superseding and utilization

By Alain juniorPublished 3 years ago 5 min read

The main obstacle:

In any industry, market or domain in which you will enter you will have one main goal which is to exceed in that field. before planning to enter in a field it could be very likely that you already have a clear view of who you are trying to target. However the main issue here is that if you do not find a way to attract those client then there is an almost guarantee that you will not make any demand for the product or service you are trying to provide. Your aim to succeed is to provide something that people in the specific market that you have chosen are looking for.

Either as something that is value to them, that is a product or service that solve a problem for them or it is linked to an interest that they have. those are the two key factors that will determine whether someone will be interested in your product or service. And in order to know whether someone will be interested in what you offer either in the form of a love interest or because it solves a problem for them, you need to know what is that person's interest or what is a problem they have.

Means of superseding:

Since the main goal here is to provide something that the potential client will have an interest in, it will be important to know a precise amount of details on those clients. And this is when the role of information becomes valuable in almost of all the markets in which you will enter. Information is an ideal implement that allows you to create a demand for your product or service since it is what enables you to identify who was an interest in what you are selling.

The more information you have about someone, the more you can identify what it is that they like and what it is that they dislike or what is a problem they will value the solution to or what is the interest that they have. Before selling or introducing a product or service to a market you need to know who will be interested in it first before introducing the product or service. and in order to be able to do that you need to have information about the people you are looking to target.

Utilizing markets:

As crucial as the importance of information is, it will not be surprising to know that every market in the world uses information as a mean of exceeding. which really means that is you will be aiming to succeed in any market you choose, there will not be a way of doing so without acquiring a certain amount of information. However the most important factor here is to know how information is gained. Now that the purpose and importance of information in any given market is has been clarified, it is important to understand how to have access to it.

One key factor that should be noted is that the most obvious reason why every market and industry now can gain huge data over a number of people is because all industry now is digitized in one way or another. every market now uses IT and this is why access to huge data has been the made possible in all industries now. it is due to digital services. which means that in order to be able to have access to valuable information you must have strategic ways of utilizing digital capacities.

The significance:

It is notable to understand that this is not a market in which information is what is been bough and sold. But instead information is a tool used by markets to gain details they deem essential. Meaning that it could be applied in the context of both a product and a service and could be malleable in any form even though some industries use information more than other, that is not the main point.

Most importantly is the benefit that information brings about. again as previously mention the use of information is highly linked with digital capacity which is why some industry or market will use information more or less than others it all has to do with the use of digital services in those markets. But since the important part is to know that is the benefit of information it is important that we analyse both sectors using information and sectors that don't.

sectors of lowest information use:

  • salon
  • rehab
  • news paper
  • recycling
  • art/sculpture

This industries have the lowest use of information on the whole compare to other industries. This is mostly due to those industries use of technology and digital services. which is relatively low than most industries. which again link back to the idea of how information is highly attached to digital capacity. this five industries are mostly local and generally operate in small scale. and it is true that they exist world wide however they aren't companies that have a global network individually reaching lots of people.

each company or business operating in any of these field, will be relatively small in operation size and will reach to a local or domestic size population. This industry do provide important services or product that people will have an interest in or will see as a solution to a problem they have so it is not about the not been valuable but about the lack of sufficient use of information.

sectors of highest information use:

  • advertisement
  • technology
  • finance
  • automobile
  • airline

the following industries has the most accessibility word wide and are generally most used and most dependent on by most people around the world. most individual businesses or organisations in this industries operate on a global scale reaching a verity of people from multiple countries. and the demand for the service or product that they provide is constantly growing.

And this continuous growth in demand is due to these industries use of information as a mean to constantly gaining information about people who will have and interest in what they offer. As previously mention the use of information have a very tight link with digital capacity. and this is also the case with this industries. since all of them are highly dependent on the use of digital services and technology. And this means that about eighty to ninety percent of their activity is done digitally.

Conclusion:

This just shows the how vital and extremely important information itself can be. Both industries provide very important, interesting and necessary service that are very beneficial to a number of people. but since one uses information more than the other, they have far more influence and as a result benefit from it the most.

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About the Creator

Alain junior

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  • Kamrul Hassan3 years ago

    Great job with the great insight ! Please continue writing and sharing your talent. If you're interested, I also write articles on Business, Marketing, and Self-Help, and I would be thrilled if you checked them out.

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