Based on your research of the good or service, what do you expect to happen to the demand for it over the next five years?

Based on your research of the good or service, what do you expect to happen to the demand for it over the next five years?

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Based on your research of the good or service, what do you expect to happen to the demand for it over the next five years?

Introduction

You’ve completed some research on a good or service. This is what you think will happen with its demand over the next five years.

Based on your research of the good or service, what do you expect to happen to the demand for it over the next five years?

Based on your research of the good or service, what do you expect to happen to the demand for it over the next five years?

• What new technology will be developed in that time period that will affect demand for the good or service?
• What other similar goods and services look like in five years (if any).

What new technology will be developed in that time period that will affect demand for the good or service?

You may want to think about how new technology will affect demand for a good or service in the next five years. For example, if you’re considering a new way of delivering health care, you may want to consider whether there are any developments that could allow for better use of this service by patients and doctors.

For example:

• New technology has been developed which allows people with disabilities to communicate freely on their own terms; this opens up many opportunities for those who previously had no voice at all!
• There is also now a booming market for smart technologies that can be used by everyone from children with autism spectrum disorder (ASD) through adults with Alzheimer’s Disease/dementia: these devices allow people to become more independent both physically as well as cognitively – from being able to do basic tasks such as making breakfast without support from someone else around them!

What will other similar goods and services look like in five years (if any)?

Once you have completed the research, it’s time to explore how the market will develop. You should determine what other similar goods and services look like in five years (if any). What is it like? What does it do? How are they different from what you are researching now, and why might someone choose one over another?

What might customers’ purchasing habits change in that time period?

In your research, you may have come across some information about customers’ purchasing habits. These are the ways that companies can use to predict future demand for their products or services.

• New technology: Customers might change their purchasing habits because of new technology, such as smartphones and apps. For example, if you were to launch a new smartphone app that allows people to order food from restaurants directly from their phones and pay for it via their credit cards (instead of going through cashier’s service), this could cause an increase in demand for smartphones in general because people would be able to order food on the go easier than ever before!
• New competitors: If there was another company that started offering similar services but better ones than yours does now (such as ordering food online), then customers would likely start switching over from buying from you instead because they’d find yourself losing customers due to poor quality control or lack of customer service available at all times while running multiple businesses at once.”

What other events might affect demand for this product or service over the next five years?

• Natural disasters.
• Economic factors.
• Changes in government policy and law, including tariffs and taxes, tariffs on imported goods and services (tariffs are taxes paid by consumers), or restrictions on imports or exports; for example, if the United States imposes a tariff on Canadian lumber because Canada has been subsidizing its industry with subsidies that violate WTO rules, then this could reduce demand for Canadian lumber products in the U.S., causing prices to rise due to supply constraints and higher transportation costs associated with transporting goods across borders.
• Changes in technology; for example, if automobiles become more fuel efficient over time as they switch from gasoline powered cars to electric ones powered by batteries instead of fossil fuels (which are also less polluting), then there will be less need for new highways because fewer people will be driving long distances each day so there won’t be any need for additional capacity needed when traveling through towns all day long!

You’ve completed some research on a good or service. This is what you think will happen with its demand over the next five years.

You’ve completed some research on a good or service. This is what you think will happen with its demand over the next five years.

The reason for your expectation of an increase in demand is that people have been hearing about this product, or they know someone who owns one, or they see it advertised all over TV and online.

It’s exciting news! You can now invest in this idea and make it even more profitable than it was before!

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