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You need to put overview of your services & other companies related to your business, SWOT etc .shrikant wrote:Can someone please guide with the market research, what goes into it and how its done, I just want to make sure what am doing is right and confirm with you all, thanks.
I did my own market research and I will tell you how I wrote it pointwise -shrikant wrote:Can someone please guide with the market research, what goes into it and how its done, I just want to make sure what am doing is right and confirm with you all, thanks.
mohammed1980 wrote:I did my own market research and I will tell you how I wrote it pointwise -shrikant wrote:Can someone please guide with the market research, what goes into it and how its done, I just want to make sure what am doing is right and confirm with you all, thanks.
1. is my business going to be viable in the UK market ? (means are there any clients/customers in the UK for my business)
2. What is the research I have done to conclude my business will succeed?
3. Who will be my target market (which clients/customers I am going to focus on)?
4. What strategy I am going to use the target the market?
4 Ps of marketing strategy -
Product
Price
Place
Promotion
a. What is my product and the features of the product.
b. What is my pricing strategy? How will I decide at what price I am going to sell my product?
c. Where will I sell it, on the internet or retail shop or wholesalers, etc?
d. How I will enter the market? (promotion)
5. who are my competitors? In what way am I going to different from the competitors that is what is the competitive advantage I have over them.
6. SWOT analysis -
S - strength - what are my strengths
W - what are my weaknesses
O - what opportunities do I have
T - what are the threats
How will I make use of my strengths and the opportunities to overcome my weaknesses and the threats.
My research was about 10 pages. I hope this helps.
mohammed1980 wrote:I did my own market research and I will tell you how I wrote it pointwise -shrikant wrote:Can someone please guide with the market research, what goes into it and how its done, I just want to make sure what am doing is right and confirm with you all, thanks.
1. is my business going to be viable in the UK market ? (means are there any clients/customers in the UK for my business)
2. What is the research I have done to conclude my business will succeed?
3. Who will be my target market (which clients/customers I am going to focus on)?
4. What strategy I am going to use the target the market?
4 Ps of marketing strategy -
Product
Price
Place
Promotion
a. What is my product and the features of the product.
b. What is my pricing strategy? How will I decide at what price I am going to sell my product?
c. Where will I sell it, on the internet or retail shop or wholesalers, etc?
d. How I will enter the market? (promotion)
5. who are my competitors? In what way am I going to different from the competitors that is what is the competitive advantage I have over them.
6. SWOT analysis -
S - strength - what are my strengths
W - what are my weaknesses
O - what opportunities do I have
T - what are the threats
How will I make use of my strengths and the opportunities to overcome my weaknesses and the threats.
My research was about 10 pages. I hope this helps.
Dear friend, I can help you in making the market research. Just answer to the points I mentioned above and PM me.shrikant wrote:Mohammed bhai could you please email me your market research for reference if you dont mind at shryk007(at)gmail.com
mohammed1980 wrote:I did my own market research and I will tell you how I wrote it pointwise -shrikant wrote:Can someone please guide with the market research, what goes into it and how its done, I just want to make sure what am doing is right and confirm with you all, thanks.
1. is my business going to be viable in the UK market ? (means are there any clients/customers in the UK for my business)
2. What is the research I have done to conclude my business will succeed?
3. Who will be my target market (which clients/customers I am going to focus on)?
4. What strategy I am going to use the target the market?
4 Ps of marketing strategy -
Product
Price
Place
Promotion
a. What is my product and the features of the product.
b. What is my pricing strategy? How will I decide at what price I am going to sell my product?
c. Where will I sell it, on the internet or retail shop or wholesalers, etc?
d. How I will enter the market? (promotion)
5. who are my competitors? In what way am I going to different from the competitors that is what is the competitive advantage I have over them.
6. SWOT analysis -
S - strength - what are my strengths
W - what are my weaknesses
O - what opportunities do I have
T - what are the threats
How will I make use of my strengths and the opportunities to overcome my weaknesses and the threats.
My research was about 10 pages. I hope this helps.
Thanks, sorry cant PM you, wanted to ask do I need to put references in the research like we do in assignments?[/quote]shrikant wrote:Dear friend, I can help you in making the market research. Just answer to the points I mentioned above and PM me.