This whole thing was started with a dream

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Life isn’t about  finding yourself.

Life is about creating yourself.

If you can dream it, You can do it.

Always remember that this whole thing was started with a dream.

(Credit:Suge)

 

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Opportunity to replace words

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Don’t mix  bad words with your  bad mood.

You’ll have many opportunities to change your mode ,

but you will never get  the opportunity to replace the words you spoke…

 

The grass you’re standing on

If the grass look greener on the other side,

stop staring,

comparing,

and complaining,

and start watering the grass you’re standing on.

FOUR AREAS TO INVESTIGATE (Market Research)-II

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Market research should investigate four areas:

customers, customer needs, competition, and trends.

1. Customers 

Market research identify customers:

  • Age
  • Income
  • Occupation
  • Family size
  • Marital status
  • Residence

 

      .Interests and hobbies  

2. Customer needs

time period ( is the  product/service needed for a limited time ; e.g  baby accessories)

– Do customers want guarantees?

Are customers in search of  fast services?

Are customers looking for a wider distribution or more convenient locations?

3. Competition

What competition’s’ market share?

-How much sales volume is?

 -Number of similar firms existing?

point of attraction for  customers?

Strengths shown by advertisements?

4.Trends

– Population shifts?

-Legal or regulatory developments?

-Changes in the local economic situation?

-Lifestyle changes?

( sources for gathering these information: next post)