Valuing the Products
Techchi researches tackle the task of valuing products by utilizing the developed models which are defined according to the international standards as well as the local models and having the target market insight. Furthermore, crucial indices which engulf the characteristics of the domestic market, the status of the competition and motivational means are included in the valuation.
The primarily approach in Techchi’s model for valuation of products and services takes various parameters into account which include the technical specifications, level of technology and innovation followed by potential and actual markets. At this stage in addition to the international and domestic markets the geographical location, level of technology GNP and GDP are also given due considerations. The resulting valuation could prove to be instrumental in determining the level of practicality of a certain product or service that is to be introduced and supplied in a specific target market.
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