Industry analysis, Business Economics

Assignment Help:

a. Describe the industry within which your business will be located and describe at least three recent trends in that industry. Note: This information and item b. following may be found using your NAICS number and in trade organization publications. Also, see Skill Module 2.1, p. 30. And pages 196-98 and 376 and NAICS link above in assignment 1.

b. Describe the market growth rate for your product/service, i.e, what is the market demand likely to be in the next 1-3 years.

c. Describe your market segment and your market niche within that market segment, i.e. Describe your customers and where they are located. Ref. pages 385-88.

d. Describe at least three of your competitors, why they are competitors and where they are located.

e. Where will you locate your business?  If a wholly online business what will you do to attract customers?

f. How will you market or promote your product/service? I.e., online sales, social media marketing, search engine optimization, personal selling, etc. Describe in detail.


Related Discussions:- Industry analysis

Abaca, What is the current economic status of abaca farming?

What is the current economic status of abaca farming?

What are the predictions of balanced growth, What are the predictions of ba...

What are the predictions of balanced growth? When government can co-ordinate immediate investment in several industries one firm gives a market for another. It needs state pla

Request for information and request for proposal, (a) Give basic criteria ...

(a) Give basic criteria for selecting an outsourcing supplier. (b) What do you understand by Request for Information and Request for Proposal (RFP)? (c) List down question

Explain about the characteristics required in a risk owner, Explain about t...

Explain about the characteristics required in a risk owner. To be effective within their role, a risk owner’ requirements are as follows: a. Adequate information regarding a

What is economic development theory, What is Economic development theory? ...

What is Economic development theory? Economic development theories and models seek to describe and predict how the: • Economies may develop or not over time in excess •

Calculate the equilibrium price and output for each firm, Problem 1: (i...

Problem 1: (i) Assuming a Cournot duopoly where the market demand is estimated as: P = 100 - Q The marginal cost is estimated to be constant at Rs. 10 for the two fir

Effective private sector involvement, Problem 1: (a) The Mauritian gove...

Problem 1: (a) The Mauritian government is now increasingly involving the private sector in the development of the economy. How can government support effective private sector

Calculate the new money multiplier, The reserve requirement is 20%. Assumin...

The reserve requirement is 20%. Assuming banks have no desire to hold excess reserves, calculate the money multiplier. Now assume the banks want to hold 20% of their reserves in ad

Illustrate the main causes of inflation, QUESTION 1 (a) Illustrate the ...

QUESTION 1 (a) Illustrate the main causes of inflation in Mauritius. (b) Critically analyse the costs of inflation. Which of these items is likely to have encouraged the Mau

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd