Journal logo

Marketing analysis part 3

The different relationships

By Alain juniorPublished about a year ago 4 min read
Like

This is the most common type of market that exist. This are companies that sell goods and services to ordinary individuals. And they mostly represent the vast majority of companies. But this could also be less precise because most companies can be doing business with individual and also with other companies. There could be various forms of this types of companies that deal with individuals. An example will be a brand. This is a unique product or service that has a logo or feature on it that no other product has and it belongs to a unique company which is the only company that can provide that product or service.

this could be any type of product. Let's take apple as an example it is clearly a brand since it is a product that can only be sold by the company apple and when people see an apple product like their phone or tables they will directly identify it with the company. Another form of this could simply be a wholesaler. An example of this will be a super market. They do not sell any product themselves almost all of the product that you see on the supermarket shelves are from a multitude of food bands. But it is been sold by the supermarket. They are another form of business to client company since they sell a variety of product to individuals. These are example of company that are operate with clients.

The starting analysis is a model made which purpose is to explain you how you should strategies your entry in the market. there will be several thing that you should first make sure that you have covered before starting your business. this is perhaps one of the most important thing that you should know which is the way to enter in the market because remember that out of all the new start up that there is annually only about five percent actually succeed and even few mange to remain for long. your aim as a start up is to make sure that you will first succeed in entering the market and second succeed in scaling in that market as well so it important to consider the starting analysis.

market review:

the market review is the first factor you should consider achieving when deciding to enter in a given market. this is when you will analyse all of the important details of the market you are entering in. by this point you will already know what is the market you are entering in this is not about identifying that market. but about focusing on how it work. which means that you will be identifying all of the statistics and reviews of that market all along. things like. is it a saturated market or not, what are the regulations it will have and why. to what extend does it reach meaning to how many people is it available. this will be to identify how to enter in the market. things like when and where to enter and who to target

start up cost:

when you are a business your activities will have cost. since there is a cost to running any type of business, you purpose at this point will be to identify what will be the costs that you will have to pay for when operating in this market. at this point what most people will do will be to identify what are the most common type of cost of liability that companies already in that a market will have and therefore will identify with this cost. but this will not be the most acute way of identifying your liabilities. what you should do at this point is identify what will be the liability that only you will face when starting. the reason for this is to come up with solutions to cut cost.

dependency:

this part could be confused with the stat up cost but it is not the same thing. the start up cost or liability could change at any time when you are a start up you could have the cheapest cost to start and then it gradually increase as your business scales and the opposite could also happen meaning that you liability could changes at anytime. however your dependency will be the factor you will be dependent on although the market. for example as a company in a market you will have to depend on another market as supplier and buying from those supplier's could be your cost. but in that other market you will have to choose from multiple supplier and thus each could offer different cost meaning that your cost could change depending on the supplier you have the the fact that you will always depend on anther market will never change meaning that it is a dependency.

advance measures

after you have completed the following above the next thing you will have to make sure you analyse the likely hood of how successful all of that will be. this is once again before you actually enter the market at all. this could also be identifying if any other company in that market have the similar structure or form of operating or if they have forms of operating that are similar to those you have analyse. as previously mentioned all of this will only focused o you as a start up this means that you will do the market review based on how it will effect your start up you will only focus on the cost your start up will need to pay you will only identify the dependency factor that you start-up will need to have and the success measures that you start up could achieve.

humanityindustryeconomycareerbusinessadvice
Like

About the Creator

Alain junior

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

There are no comments for this story

Be the first to respond and start the conversation.

Sign in to comment

    Find us on social media

    Miscellaneous links

    • Explore
    • Contact
    • Privacy Policy
    • Terms of Use
    • Support

    © 2024 Creatd, Inc. All Rights Reserved.