Market Environment Analysis: A brief market analysis of the focal industry / market here in Singapore.
Module / Subject / School:
Market Environment Analysis
Requirements:Â
> Using the Macro Environmental trends from the textbook, provide a market analysis of the marketing environment which your product is operating in.
> Identify only those trends that are relevant & have a significant impact on your product. However, you will need to justify the trends that you have left out.Â
> Provide clear convincing evidence, data & statistic to support each trend & show how each trend favours the marketing of your product.
What we score:
73%
Our Writer’s CommentÂ
Focus on those trends that are most relevant to your product, but make sure to justify why you’re leaving out others. This step is crucial because it shows that you’ve considered the full range of factors before narrowing down your focus.
When you identify the trends that are significant, be specific about how they impact your product. For example, if you’re focusing on economic trends, you might discuss how changes in consumer spending power or inflation rates could influence the demand for your product. Use clear, convincing evidence like data, statistics, or case studies to support each point. This will make your analysis more credible and robust.
For trends that you choose to leave out, provide a brief but clear justification. For instance, if you decide not to focus on technological trends, explain why they are less relevant to your product’s market environment at this time. This not only demonstrates critical thinking but also shows that your analysis is well-rounded.
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Sample Assignment
While we have scored well for this assignment, we do not provide any sample assignment for this. If you’d like us to work on this, you can try our model assignment writing service.