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Reference no: EM133165147

Internal environment

Description of the company, including current marketing strategies and performance

Description of current and anticipated resources (e.g., financial, human, experience, relationships, patents, trademarks)

Description of relevant corporate culture and organizational structure

Customer environment

Who are the current and potential customers (target market analysis)?

What do customers do with the products/services (and what benefits are received)?

Where and when do customers want to purchase the products (e.g., distribution channels, seasonal effects, situational factors)?

Why do customers buy the products, and why do others not buy the products?

Industry/Competitive environment.

Description of characteristics of the industry (e.g., number and types of competitors, type of industry, entry/exit barriers, regulations, competitive intensity, supply/distribution limitations).

Analysis of competition, including direct competitors, indirect/substitute competitors, and potential competitors.

External marketing environment (STEP N).

Social/cultural/demographic trends that could affect the company.

Technological trends/innovations that could affect the company.

Economic trends that could affect the company.

Political/legal issues or laws that could affect the company.

Natural environment aspects (e.g., climate, weather events, natural resource access) that could affect the company.

Reference no: EM133165147

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