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Finding the Next Big Thing

机译:Finding the Next Big Thing

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摘要

Watching one of your major markets take a nosedive is not fun, and unfortunately, not rare either. It's happened with computer, automotive, appliance, agricultural-name the market and at some point in time it has tanked. That said, what's your strategy to succeed when a major customer, or customer base, goes south? Do some research and identify some markets new to you that seem like possible fits for your production system, equipment, manufacturing expertise and distribution network. Then keep researching and try to develop contacts in those markets. At the first inkling of downshifts in your strength markets, ramp up the efforts to diversify.

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