Business Market Analysis
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          Business Market Analysis
 


           Business Market Analysis
 
The first step is to define your target market. Even if you intend on selling a service only in your own town, you're not selling that service to everyone who lives there. You need to know exactly what the people who might be interested in buying your product or service are like, and how many of them there are. Then you need to make some projections about your target market, in terms of how much of your products or service they might buy, and how they might be affected by trends and policies..

To define your target market, you need to ask the specific questions that are directly related to your products or services. For instance, if you plan to sell computer-related services, you need to know things such as how many computers your prospective customer owns.

   
   
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