How to Check a Product to Sell for Saturation
Products created for distribution to consumers go through four stages. The first stage is the introduction to the market. The item reaches a growth stage followed by a maturity stage. It may take months to reach the saturation stage. Life cycles of a new electronic gadget reach saturation stage and sales decline each time a newer model is brought out. Such is the case with the life cycle of videocassette players and tapes, which have become obsolete with the introduction of newer technology. There are a few ways you can determine if a product has reached the saturation point.
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Instructions
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Check major retailers to see how many are offering the product to consumers. This can be done by physically checking the store or watching ads in newspapers or checking catalogs.
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Determine if the product is still being advertised on TV and radio or if it has been replaced by ads for a newer product.
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Search auction and sales sites on the Internet to see if the product is still available. Check past sales and prices to see if there was a price decrease, which may mean that the product reached saturation stage.
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Conduct keyword searches to determine the rate at which online users are looking for the product. Keyword searches in major search engines such as Google give the number of times a search was done for a particular product or phrase.
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