Thursday 22 September 2011

Market Analysis

  • Look for gap in the market
  • investigating an individual market
  • studying other similar markets
  • is the market in decline?
  • when/ where could your business be a sucess?
  • market share/ growth
  • identify market leader
  • investigate prices
  • start up costs/ market costs (product price)
  • economic state
  • look at competition

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