In the previous article about Online marketing assignment help we saw parameters that are handy in the market analysis. Let us recall the parameters before moving ahead. There are six important market analysis assignments parameter that should be taken care of while conducting an marketing analysis survey for a business.
Current and Future Size of the Market
First parameter is the current market size and the possible expansion in future. Name itself proves the importance of this parameter for the marketing case study analysis. An approximate size of the market can be determined with analyzing the data available on the present sales and we can use year by year data to predict the future sales. Few of the sources that can provide data are: consumer surveys, trade union associations and government data.
Growth rate of market
The Growth rate is basically the future growth rate and can only be speculated on the current sales and the trend in the sales from previous years. Future sales forecast was based on the growth rate pattern in the past. This gives a clear picture to company about the possible growth of the market.
Industry cost structure
Industry cost structure is an important aspect of a business foundation. If the initial setting cost is exorbitantly high many of the mid-size company won’t be able to enter the online marketing assignment help. For example, setting up a company that manufacture heavy cranes or companies that manufacture commercial planes cost too high and it rules out the possibility of small and mid-size company to enter the market.
Key success factors
Companies need to identify a USP (Unique Selling Point) and have to take a deeper look internally about the best feature in their product. They also need to develop in such a way that even without a unique product they can survive in the market. Main motive should be to not just survive but also reaps profits from it.
A distribution channel is nothing but a supply channel through which companies distribute their final product to the consumers. The common distribution channel includes Dealers—Wholesalers–Retailers. This increases the operational cost and that finally gets added to the selling price of the finished goods hence increase in the online marketing assignment help cost. To remove the cost few companies take a different route of direct selling. Tupperware and Amway are two such companies which pioneered in the field of direct selling.
A company has to look after the marketing trend. Somebody selling an outdated product won’t be able to compete in the fast and dynamic market. A company that reads the trend correctly and reciprocates well with their product leads the market. One of the best examples is: Nokia use to be the best mobile selling company in the Asian market but Samsung and Apple has taken over. Reason being the outdated operating system provided by the Nokia. Nokia is trying to gain by introducing new cell phones now but, Samsung and Apple have eaten up the maximum market share just because they are good enough to judge the market trends.
These are the basic market analysis parameters that are important while taking online marketing assignment help. AAH has been providing assignment help for the long time. Few of the online assignment services that are provided by our experts are :
Mechanical Assignment Help | Accounting Assignment Help | Project Management Assignment Help | Civil Engineering Assignment Help | Statistics Assignment Help | Computer Science Assignment Help|Help with Marketing assignment | Finance assignment help| Biotechnology assignment help |IT Assignment Help| Law Assignment Help|Biology Assignment Help
Hi, I am Susan White. I am a Senior Marketing Executive and Content Editor at AllAssignmentHelp.com. For the past few years I have been working with this company. I hope you liked the post above from one of our team members. If you want to share any improvements or want some more on this blog, please share your request on our email email@example.com.
I have been in this academic industry for a very long time. You can know more about me from my LinkedIn profile. Below are some of my achievements that I prize:
– Successfully published five academic research papers in the marketing field
– Assisted hundreds of students get best grades in their courses
– Regularly helping my colleagues do their best at their job
– Toured several places around the world in the past five years!
– A proud mother of a kid! 🙂
Thank you again for reading this article. I look forward to your feedback and continued support.