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MKT/593 v5

Week 2 Environmental Analysis Worksheet

MKT/593 v5

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Week 2 Environmental Analysis Worksheet

Complete the following:

The product

     

Main features of the product

     

Major benefits received by those using the product (How is it innovative?)

     

Current branding strategies

     

A description of pricing used at distribution levels and consumer levels

     

Target market including Demographic or psychographic profile

     

Identification of the overall market size

     

Distribution: the plan for distribution

     

Competitors

· Who are they, and current market share

· Competitive marketing strategies

· Product attributes

· Promotion

· Pricing

· Services offered

· Distribution network

     

Discussion of your product’s strengths, weaknesses, and competitive trends. Include financial analysis, overall industry sales and market shares by segment and geographical region, profitability analysis including projected revenues and expenses, and other factors including trends and events.

     

External conditions that may affect the product launch including:

· Social

· Cultural

· Demographic

· Economic

· Technological

·  Political

·  Legal

·  Regulatory

     

Ethical factors considered

     

Copyright © 2019 by University of Phoenix. All rights reserved.

Copyright © 2019 by University of Phoenix. All rights reserved.