Académique Documents
Professionnel Documents
Culture Documents
Market
~ general to specific market feasibility study
~ analysis of past,present,future demand situation
~ marketing practices of competitors, design own marketing strategies
~ sales projections, marketing system and forms design
5.1 Market description
State here your market's general description: its size and composition,
geographical location(s), area(s), population, age group(s), income level(s),
religious background(s), sex, job category(ies), family size(s), etc. If possible,
present your market as a segment in relation to the "total".
5.2 Demand
5-10 years demand (consumption)
local and foreign demand figures
Methods:
A. Theoretical
1. Estimate
2. Per capita consumption
3. Expert opinion
B. Analytical
1. Chain method
Total population x % of total population of the market. x
personal estimate of target market's per capita income x target market's average
percentage of calculated income which is spent on food/beverage
2. Market build-up method
5.3 Supply
5-10 years supply (production)
local production, importation, product substitute
If possible, present the information as to their particular
geographical/company source(s), local/foreign
Product mix and marketing mix strategies - present the proposed target
market, sales force determination