Our well executed market assessment solutions will enable your company to decide where to use limited resources and to go after markets and opportunities that will provide the best returns on investments. Market assessment advises provide by us gives insights into major market challenges and the barriers to market entry.
To be more effective in selling your products you need to know about
Who are your customers
In addition, assist you to prepare an initial sales forecast, monitor market trends and keep an eye on what your competition is doing.
We will give you a evaluation of the potential of a new product, new business idea or new investment.
Market Assessment Informations
- Is the industry seasonal? Does the majority of business operations take place during only part of the year?
- Is the industry subject to certain regulations? What are they?
- Is the industry sensitive to economic fluctuations?
- Is the industry growing?
- What are the technological changes ongoing in the industry?
- What are the financial characteristics of the industry?
- What are the current trends within the industry?
- Who are the leaders within the industry? Why are they successful?
- What types of marketing strategies are prevalent within the industry? Which are the successful ones?
- Can you define your market clearly?
- Who are your potential customers in the market?
- What is the size of the market in terms of number of potential customers and revenue?
- How fast is the market growing?
- What are the marketing and communication methods you need in order to reach out to this market?
- What is the appeal of your product or service largely built on, and is it sustainable?
- Can the market support another player? Can you become one of the key players?
- Who are your competitors? Are they successful and why?
- What do existing or potential customers like about your competitors’ products and services?
- How do your competitors reach out to the market?
- How are your competitor’s pricing, operations and marketing activities structured?
- Are your competitors making any major changes in their product offering, marketing strategy or business model?
- What are consumers currently paying for comparable products and services?
- What factors are most important to consumers when selecting this product or service? Is it price, quality, delivery time or other factors?
- Is there customer loyalty?
- What makes your product or service unique compared to the current offerings in the industry?
To be most effective in business,you need to know who you're selling with