What type of marketing research could you do, Marketing Management

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What type of marketing research could you do

Problem

You have an idea for a new business. How will you convince them that your business is the one they should invest in?

1) MARKET RESEARCH: What type of marketing research could you do?

2) TARGET MARKET: Identify the target market: demographics, psychographics, geographics, consumer behaviors.

3) PRODUCT STRATEGY: Explain your product/business strategy - why is the business needed

4) PLACE STRATEGY: Explain your place strategies, how will you decide where to locate the business

5) PRICING STRATEGY: Explain your pricing strategies, what will you be able to charge, what is the demand etc.

6) PROMOTION STRATEGY: Explain your promotion strategies, how will you communicate your message?

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Marketing Management: What type of marketing research could you do

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