Project Description
Market Analysis
Whether a start up or an established business, it’s important to understand changing customer trends. Asking the right questions can generate meaningful information about your company and/or its customers. To fully grasp your strengths, weaknesses, opportunities and threats (SWOT) taking a look at the characteristics of your business is critical. There are internal and external factors that are positive and negative to achieve your objective. Immersion Marketing can create a full marketing plan or focus on a specific area that needs more attention. This documented investigation helps with planning decisions around inventory, promotional activities and product development.
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Market Segmentation
o Establish sub-groups
o Identify profitable segments
o Growth potential
o Identify target markets- Positioning
o Product positioning
o Marketing techniques - Differentiation
o Distinguish from competitors
o Product research - Reporting
o Customer analysis
o Competitor analysis
o Market trends
o Market size and potential
o Survey creation and analysis