How to respond to changing market trends

Oliverjames21 Oct, 2021Business

Some situations require you to change your products, and in most cases, that means you need new customers. New customers are difficult to acquire, and it might take a while before they are loyal to your brand. That would mean low revenue. Hence, when market trends require you to change products, it is better to create new products and services for your existing customers. If you have to get new customers, win them over while still providing services for the current customers.