Conducting a market analysis


Assignment Problem: By conducting a market analysis, the company can prevent large losses, this will help the company team to further narrow the marketing targets, sales targets, and expansion targets can be more focused.

Conduct a market analysis based on the following:

- Market Segmentation and Target Market Selection

The segmentation of the industry in which to participate is then joined by a specific target market to be drawn.

- Buyer Behavior (Buyer Behavior)

The more the company knows its customers, the more it will accommodate the needs of its customers.

- Competitor analysis

Help companies understand the position of key competitors and the existence of opportunities to gain competitive advantage in a particular area.

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Marketing Management: Conducting a market analysis
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