| Define the current market |
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Customer category |
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consumer
|
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business
|
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industrial
|
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institutional
|
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government
|
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Define need for
product/service |
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Geographic coverage |
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distance |
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time
|
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traffic patterns
|
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topographic consideration |
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social and cultural
considerations |
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Demographic target |
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age
|
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income |
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sex |
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employment
|
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education |
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residence |
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family status |
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race |
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religion
|
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Psychographic
characteristics |
| Quantify the market |
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Size |
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Trends |
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Local issues |
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Based on demographic and
geographic definitions of the market |
| Profile the competition |
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Who are your competitors? |
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Where are they located? |
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How do they/you compare
to them? (strengths, weaknesses) |
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Nature and status of
each competitor |
| Marketing Strategy |
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Competitive focus
(price, quality, service, selection, convenience) |
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Marketing method (s) |
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Channels of distribution |
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Advertising/promotion
plan |
| Future Markets/Expansion
Markets/Opportunities for Years 2,3, & 4 |
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Products, services,
geographical area |