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- * MKTANAL.TXT
-
- MARKET ANALYSIS
-
- * This section describes the existing marketplace in which you will
- introduce your company and products /services.
-
- MARKET DEFINITION
-
- Key points in defining the market segment for (product/service) are XXX,
- XXX, and XXX.
-
- * by product feature, by life-style of target consumers, by
- geographical location, by season ... ?
- * Include charts where appropriate
-
- Currently, the market distribution is shared by XXX participants
-
- * How is share of market distributed among major participants?
- * What are the share gain and loss trends?
- * Summarize your view of the trends and implied opportunities.
-
- XXX (product or service type) Market
-
- Users of XXX (product/service) are looking for quality and productivity
- improvements.
-
- XXX (past/current/recent/lack of) development of XXX (product/service)
- has resulted in the need to XXX (changes, corrections, applications of
- new technologies). This innovation is called "XXX", and allows XXX
- (product) to operate efficiently (or more efficiently) as XXX.
-
- The (product/service)'s ability to operate/perform/provide XXX
- (benefits) is unique to (Company)'s products.
-
- Independent market research indicates that there is currently only XXX
- (quantity) (product/service) for every XXX customers. The XXX
- (market/industry), as a whole, is looking toward XXX
- (manufacturers/suppliers/retailers / experts) for use in the expansion
- of existing applications/product lines/services.
-
- * For an existing Business (your own or a recent acquisition) review:
- Sales history
- Profits
- Market Share & Position
- Marketing methods
- Industry Trends
-
- The stability of this market segment is XXX (volatile, uncertain, etc.),
- based on XXX product category performance over the past two years.
-
- * What do industry forecasters predict for the next two?
-
- The XXX market is growing at a rapid rate. The market for XXX (similar
- products/services) amounted to $XXX million* in 19XX -- representing a
- XXX% growth over $XXX million* in 19XX.
-
- Referenced sources agree that the major trend is for XXX. The trend has
- been toward the development of XXX (other products/services) and, hence,
- the latest development of distributed or shared resources.
-
- The overall XXX market for the XXX industry is projected to be $XXX
- billion* by the end of 19XX. The overall market potential for
- (product/service category) is estimated to be $XXX billion by 19XX, and
- the (additional products/services) portion of this market is estimated
- to be XXX million.*
-
- The area of greatest growth in the XXX market is in the area of "XXX"
-
- * Source: XXX (industry analysts, census, trade journal studies)
-
- POSSIBLE RETAIL AND WHOLESALE OUTLETS INCLUDE:
-
- Store type Total SIC Code
- Department Stores 23,275 5311
- Garden Supply Stores 16,496 5261B
- Hardware Stores 40,140 5251
- Giftware Wholesalers 3,524 5199G
- Electrical Equipment Whlse 41,313 5063
- Total 124,748
-
- * Collect mailing list catalogs -- look for all the possible outlets
- for your product/service
- * Look in your telephone book classified advertising under: Mailing
- Lists
- * Complete the chart below -- the list may surprise you as well as
- prove to be a valuable resource for resellers.
-
- The major market segments are:
-
- XXX
- XXX
-
- * List, by broad category, the types of customers you are likely to
- sell to.
- * Retailers, Electrical Contractors, Mail-order Catalogs, etc.
-
- XXX (SPECIFIC MARKET AREA) SEGMENT
-
- This segment of the market is generally based on XXX (products/services)
- and XXX (products/services) with retail prices in the range of $XXX to
- $XXX. The vast majority of sales in this category will be handled by
- OEM's, Retailers, Manufacturer's Representatives. The minority of sales
- will be through direct channels.
-
- Over the past XXX years, XXX (similar product manufacturers/service
- providers) companies have proven that meaningful features can be
- developed for this class of XXX (product/service) (e.g. XXX, XXX, and
- XXX). These companies have primarily focused on the use XXX
- (manufacturing technique, special materials, recipes, chemicals,
- machinery) to improve the quality of XXX in a (product/service). These
- products have been successfully distributed in many areas of the
- industry. Competitive products/services in this market are
- produced/provided by XXX, XXX, and XXX.
-
- In the next XXX to XXX years it is estimated that there will be more
- than XXX million of XXX (product/service)s distributed.*
-
- * Source of Statistics: XXX (industry analysts, census, trade journal
- studies)
-
- Of the XXX customers, approximately XXX% will buy/use/want/expect XXX to
- help them to XXX (deliver their work, maintain their XXX, expedite their
- production, reduce costs). XXX of these (products/services) (actually
- about XXX) will have a XXX capability, and about XXX of those
- (products/services) will require XXX (other features).
-
- The market potential for a (product/service) in these quantities -- with
- a current retail price of $XXX per unit -- is approximately $XXX
- million.
-
- * Repeat the above information for as many market segments
- as are required.
-
- STRENGTHS
-
- * In covering your strengths, be sure to place at least as much
- emphasis on marketing as on your product, if not more.
-
- In terms of product/service strength, XXX (product/service) has several
- distinct advantages over the competition. First is its marked
- advancement in XXX technology
-
- How else is the product/service favorably differentiated from the
- competition?
- * In actual performance.
- * In quality and reliability.
- * In production efficiencies
- * In breadth of line and / or options.
-
- In marketing, our most powerful assets are XXX
-
- * In category/share leadership
- * In segmentation:
- * In distribution.
- * In pricing.
- * In awareness/image.
-
- In the corporate arena, (Company) is supported by XXX
-
- What are the corporate strengths?
- * Size:
- * Financial resources.
- * People resources.
- * Reputation.
- * Business Relationships (expand on this in the Business
- Relationships section)
-
- WEAKNESSES
-
- There is/are XXX handicaps inherent in our product...
-
- The only notable marketplace disadvantages are XXX and those are because
- XXX (explanation)
-
- By 19XX we should be able to position ourselves in order to XXX and
- thereby reduce this weakness considerably.
-
- Corporate weaknesses, at this time, consist only of XXX, however we are
- taking steps to XXX which we feel should alleviate this problem.
-
- Environmental threats (declining markets, trade barriers, consumer
- trends, changing economy) include XXX
-
- Other known threats include XXX
-
- OPPORTUNITIES
-
- The upside potential for XXX and XXX (our products/services) in XXX
- (each of the currently addressed markets) over the next two years is XXX
-
- Based on XXX (existing conditions), introduced in the Present Situation
- and Strengths/Weaknesses analysis it is apparent that (justify potential
- with logical rationale)
-
- UNEXPLOITED OPPORTUNITIES
-
- An altogether new application for this product/service would be tapping
- XXX markets.
-
- Further opportunity for our product exists in XXX market(s).
-
- * Can the current line of products/services and technological
- capabilities be leveraged effectively?
- * What is the estimated cost of entry, time frame, and risk?
-
- Still another possibility for development involves XXX
-
- * (e.g. alternative distribution, technology licensing, creating
- up/down market brands, etc.)