Tutorials for virtual service businesses

5 tips for understanding consumer behavior

Being nimble and understanding the needs of your customers is an important part of being a business owner.

In this video, you’ll learn 5 tips for adapting to an ever-changing market by understanding consumer behavior:

  1. Have a clearly defined and passionate audience.
  2. Make sure your audience is large enough.
  3. Create a clear and compelling value proposition.
  4. Apply unit economics.
  5. Make sure your product solves a pain point.