I came across a succinct market analysis resource today and thought it was worthy of posting. It’s a list of 10 tips that can be used to develop a solid market analysis. Many of these tips were discussed during my market analysis presentation in Colorado Springs, but there are a few new ones in there as well.
10 Tips
1. Segment your market
2. Prioritize market segments
3. Collect and organize internal data
4. Collect and organize external data
5. Shop the competition
6. Conduct your own research
7. Explain market needs, growth, and trends
8. Develop metrics to compare your company with the competition
9. Understand your strengths and weaknesses
10. Apply the information
Here’s a link to the resource: http://www.stengelsolutions.com/tips_11.htm
Regards,
Tannus Quatre PT, MBA
Principal | Consultant
Vantage Clinical Solutions, Inc.
www.vantageclinicalsolutions.com
(888) 827-5613
via Vantage Forums: 10 Tips for Developing a Meaningful Market Analysis.
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