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10 Tips for Developing a Meaningful Market Analysis

Feb 20, 2010 | CSM 2010 | San Diego, CA
Nov 13, 2009 | PPS 2009 | Colorado Springs, CO

10 Tips for Developing a Meaningful Market Analysis

Postby Tannus on January 20th, 2010, 3:22 pm

Group,

I came across a succinct market analysis resource today and thought it was worthy of posting. It's a list of 10 tips that can be used to develop a solid market analysis. Many of these tips were discussed during my market analysis presentation in Colorado Springs, but there are a few new ones in there as well.

10 Tips
1. Segment your market
2. Prioritize market segments
3. Collect and organize internal data
4. Collect and organize external data
5. Shop the competition
6. Conduct your own research
7. Explain market needs, growth, and trends
8. Develop metrics to compare your company with the competition
9. Understand your strengths and weaknesses
10. Apply the information

Here's a link to the resource: http://www.stengelsolutions.com/tips_11.htm

Regards,

Tannus
Tannus Quatre PT, MBA
Principal | Consultant
Vantage Clinical Solutions, Inc.
www.vantageclinicalsolutions.com
(888) 827-5613
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