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Market

lastmod 2026-07-16created 2014-02-1814 edits

Subfields of Marketing

In economics, a market is a natural social structure that has developed from human interactions with an economic or economically oriented direction, in order to facilitate the exchange of ownership of rights, services, and products (collectively called goods). In everyday life, a market refers to a place crowded with shops selling retail goods needed for daily life, such as Dongdaemun Market or Namdaemun Market. However, in economics, as long as there is an object of trade, a seller, and a buyer, it is called a market even if no particular place of trade is designated. Goods bought and sold in a market are called commodities.

The information collected here is mainly used in the economic sense.

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Articles

  • How to enter a market when no market exists | GeekNews
    • [Original] Going to market when no market exists - by Martin Casado
    • When creating a market category that didn't exist before, like Nicira, which created software-defined networking (SDN) and network virtualization, product technology alone makes nothing happen, and all of the company's value hinges on Go-To-Market design
    • When customers know nothing about the concept, problem, or approach, you must simultaneously convince them that the problem exists and that the existing approach is wrong, and in this process direct sales and a high ACV (annual contract value) follow as a necessary structure
    • Price should be worked backward not from "what would be reasonable" but from which price range makes a given sales model possible, and the mistake of pricing low early on and teaching the market to see it as a $40,000 product is presented as the biggest risk
    • The core of marketing is refining the story to be extremely simple and spreading the concept through developers and analysts; open source and freemium alone are not enough, and ultimately a strategy combined with a direct sales organization is needed
    • In an early market, hunter-type sales, technically led sales engineers, professional services, and a direct-sales-focused channel strategy fit best, and relying early on channels, indirect sales, or complex SKUs is summarized as a shortcut to ruining the company
author Zer0 sitemap