Professional Documents
Culture Documents
Note: Always indicate or cite the source of • State the major market variables to be considered
information or data. in the market study.
• Financial 2. METHODOLOGY
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.
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?