The conversation between human and AI assistant.
I'm 20 years old and I'm willing to start a textile business, what is the first step that I should take?
That makes sense. Do you have any recommendations on how to conduct a market analysis?
Conducting a thorough market analysis involves researching your target market, including the industry trends, competition, and customer demographics. You can gather this information by conducting surveys, focus groups, and analyzing public data. It's also important to identify your unique selling proposition and develop a marketing strategy to promote your brand.