Reference no: EM133103666
Marketing and Customer Analysis
Using the product, service, or business idea that you developed in the your business plan from the W3 Assignment, evaluate the factors important in conducting a detailed marketing and customer analysis, including:
Market potential
Evidence of customer interest
Relevant buying motives and customer requirements
Present and potential competitors and overall competitive intensity
Short- and long-term market influences
Market changes presently taking place
External regulations
Market history and traditions
Present and potential obstacles facing the market
Market gaps to be filled
Opportunities for partnerships with other firms in the industry
Evaluated the most viable market position for your new product, service, or business.
M-commerce concepts and elements of e-commerce
: Explain how you would use m-commerce concepts and elements of e-commerce to meet your objective.
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Account database with trading partners and customers
: A business wants to share its customer account database with its trading partners and customers,
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Identify types of innovations is pursuing
: Identify the types of innovations it is pursuing. Do the innovations tend to be incremental or radical? Product-related or process-related?
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Innovation and entrepreneurial behavior
: The following are common organizational barriers to innovation and entrepreneurial behavior. Discuss your current organization, one with which you are familiar
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Marketing and customer analysis
: Relevant buying motives and customer requirements. Evaluated the most viable market position for your new product, service, or business.
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Exercised creativity professionally or personally
: Describe time when you exercised creativity professionally or personally. At your current or previous employer describe process that is not highly functioning
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Difference between incremental or radical innovation
: What is the difference between incremental or radical innovation, and product-related or process-related innovation?
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Relevant financial ratios and cash flow projections
: Analyze and forecast, using, market research, strategic analysis (no SWOT analysis please), relevant financial ratios and cash flow projections,
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Identify different types of market segments
: You will determine how to identify different types of market segments and consider the best marketing strategies for reaching them.
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