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ENRIQUEZ, AILA MARIE F.

o What should you include in the discussion of this


BSAIS-3A part; • Aspects of the business being covered
(market,
CHAPTER 1 technical, management, financial and socio-
economic). • Brief description of the methodology
BACKGROUND OF THE STUDY
used in the study which consists of the research
1. Introduction design employed, the kind of data to be collected
and used, the types of data gathering instruments,
• Provides historical discussion of the business and the tools for data analysis. • Aspects of the
opportunity. • Provides the discusion of the business not being covered by the study. •
trends/market events, statistical data, facts or Constraints or problems encountered during the
figures that prompted you to identify the business conduct of the study.
opportunity or market need/problem to be solved.
• Timeframe of the conduct of the study from start to
• Provides the discussion of the business idea that finish.
will answer the market need/problem.
CHAPTER 2
• Provide the discussion of how you are going to
exploit this business opportunity. MARKET STUDY

• What inspired you to do this business 1. OBJECTIVES OF THE STUDY/PLAN

Note: Always indicate or cite the source of • State the major market variables to be considered
information or data. in the market study.

2. Objectives of the Study/Plan • Limit your statement of objectives to the following:


• Demand
o State the general objectives in term of the
following aspects: • Supply

• Market • Market Share

• Technical • Projected Sales

• Management • Marketing Strategies/Programs

• Financial 2. METHODOLOGY

• Socio-economic o Methodology describes the process of how the


objectives of the study will be attained.
3. Operational Definition of Terms
o Methodology includes brief discussion of the
o Define the most relevant and important terms that following: • Research Design (Descriptive-
the readers outside of your field cannot understand. Exploratory Research Design will be used) - Briefly
Provide operational definition or meaning as used in discuss the research design used and explain why
this study. this design is appropriate for the study.
For example: • Research Locale - Briefly discuss some important
Household - Refers to the unit of society which is characteristics and trends of the place where the
consited of families living in one home. As used in study is conducted which can affect the study
this study, household refers to the primary market outcomes or the operations of the proposed
being targeted by the business. business.

4. Scope and Limitations of the Study • Research Participants - Briefly identify and
quantify the respondents of the study. Explain why
o The SCOPE and LIMITATIONS define the these individuals or institutions are chosen to serve
parameter of the study. It specifically identify the as the respondents. If sample is to be taken from the
coverage of the study and its boundaries. entire population, use Slovin's formula to determine
the sample size.
• Research Instrument - Briefly describe the • If there is no existing market to serve, explain why
research instrument used, the process of devising you insist to enter the market for that product or
the instrument and its contents. service. Discuss your chance to penetrate the
market by citing your competitive advantage.
• Data-Gathering Procedures - Briefly discuss the
step by-step activities before data collection, during 6. Market Share and Projected Sales o Provide data
data collection and after data collection. on market share for the product/service category
• Treatment of Data - Briefly discuss the statistical o Discuss the market share data. Indicate/cite the
tool/s used to analyze the collected data. Provide the source of the data.
formula.
o Based on the prevailing market share of all brands
3. DEMAND of the product and service, assume your own market
share. Justify your percentage of assumption.
• Provide data and discussion of the consumption of
the product or service for the past five years. o Based on your assumed market share, make your
Indicate/cite the source of data. sales projection of your product/service for five
years.
• Describe and discuss the consumer of the
product/service (Target Market). State here, the o Discuss your projected sales data.
general description of your market: its size and
7. MARKETING STRATEGIES/PROGAMS o
composition, geographical location, population, age
Design your marketing strategies that will help you
group, income level, job categories, family size, etc.,
attain your market share and sales projections.
• Provide the data and discussion of the
o For TANGIBLE PRODUCT, focus on these 4Ps: •
projected demand for five years
Product Positioning Strategy
• Note: Determining the data on projected
o Define and discuss your product/service value
demand requires data from responses in the
survey administered to the target market proposition.
(respondents) or reliable data from any other source
o Provide an appealing picture of the product or
4. SUPPLY
service.
o Provide data and discussion of the supply of the
product/service (imported or locally produced). o Emphasize the brand name, company logo or
Indicate/cite the source of data or information. trade mark of the product or service.

o Provide the data and discussion of the projected o See to it that package/s contain the
supply for five years. appropriate labels (brand name, company logo or
trademark,
o Write here, the supply situation of your market o
Present the supply situation of your intended product company name and address, important
during the last 3 or 5 years indicating your sources information about the product/service, instruction on
of information. how to use, sizes and contents, etc.

o Project these figures for the next 3 or 5 years • Pricing Strategy

5. DEMAND AND SUPPLY GAP ANALYSIS o Discuss the pricing strategy to be employed
to attain the market and sales goals.
• Match the projected demand and projected
supply data for five years. o Provide the deatail/computation of how
the suggested selling price (SRP) is derived.
• Determine whether there is an existing market to
serve. • Come up with an in-depth analysis and o Consider the cost of Direct Raw Materials,
conclusions from your projected demand and Direct Labor and Factory Overhead Cost.
supply figures. o Explain the assumed mark-up and its basis
• From the computed figures, show that demand is for assumtion.
greater than supply. This is one of your main • Place (Distribution) Strategy
reasons for your market share.
o Discuss the method to be employed in
disposing the product or service from manufacturer
to final consumers.
o Provide the distribution flow chart and
its explanation
• Promotional Strategy
o Identify and discuss all the promotional
activities suited to the product or service in order to
acheive the market share and sales target.
o Explain how these promotional activities will
be executed in terms of timing (timeframe).
o Estimate the cost of these promotional activities.
END OF LESSON!
QUESTIONS? / CLARIFICATIONS?

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