Market Analysis

Author: Client Uploads

April 6th, 2021

This easy is to show how Part 1. Market Analysis and Part 2. Strategic Plans can help improve a business while explaining each part of the part 1 and 2. Part 1. Market Analysis Market segmentation of your product/service Target market strategy: State your specific plans to enter your specific market area. Market trends: Specify actual percent increase or decrease of your specific market. Industry analysis: Search internet for specific industry data. Main competitors: Name specific businesses within a three-mile radius of your planned location. SWOT and PESTLE analysis Part 2. Strategic Plans Marketing strategy (pricing, promotion, distribution): Illustrate with demand curve and breakeven analysis. Sales strategy and forecast: Develop a chart illustrating the number of units and corresponding revenue dollars per month for year one and per quarter for year two and three. Parts 1 and 2 should be 10 pages in length. Primary and secondary sources. Please also include in text citation from both sources. I’m also attaching a file with the business I have completed for the business.

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