· Is the industry growing?
· Is the industry seasonal?
· What are the current trends within the industry?
· Who are the leaders within the industry? Why are they successful?
· What types of marketing strategies are prevalent within the industry?
· Are there regulations that affect the industry?
· Is there customer loyalty within the industry
· Is the industry sensitive to economic fluctuations? Are there technological changes happening or required in the industry?
· What are the financial characteristics of the industry?
Section 2 (1-2 paragraphs)
· What market am I in within the industry?
· What size is my market?
· Can the market be segmented?
· Is my market clearly identifiable?
· How fast is the market growing?
Section 3 (1-3 paragraphs)
· What types of people buy this product/service?
· What makes my product/service unique relative to others in the market place?
· What are current buyers paying for comparable products/services?
· What factors are most important to buyers when selecting this product/service? E.g. Price, quality, delivery time, etc.)
Section 4 (1-2 paragraphs)
· How many competitors will I be competing against?
· Can the market support another player?
· What is required to succeed in this market?
· Are my competitors making any changes?