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 Between 2000-2010 Americans 50 years &Between 2000-2010 Americans 50 years &
older will rise 30%older will rise 30%
 Asian & Hispanic populations are the fastestAsian & Hispanic populations are the fastest
growing segments in the USgrowing segments in the US
 Baby Boomer generation is the mostBaby Boomer generation is the most
educated generation evereducated generation ever
 Fastest growing household is headedFastest growing household is headed
by a woman w/ no man presentby a woman w/ no man present
NeedsNeeds
&&
WantsWants
MarketMarket
OpportunityOpportunity
ALL PRODUCTS HAVE A LIFE LIKE US!ALL PRODUCTS HAVE A LIFE LIKE US!
THEREFORE,THEREFORE,
ALL PRODUCTS AREALL PRODUCTS ARE BORNBORN & WILL& WILL DIEDIE
 the amount ofthe amount of
sales that asales that a
companycompany
controls withincontrols within
it’s industryit’s industry
Athletic Shoes: MarketAthletic Shoes: Market
ShareShare
 1 million pair of shoes1 million pair of shoes
are sold in Americaare sold in America
every year…every year…
 NikeNike 300,000300,000
 ReebokReebok 250,000250,000
 AdidasAdidas 150,000150,000
 FilaFila 100,000100,000
 ConverseConverse 200,000200,000
Nike
Reebok
Adidas
Fila
Converse
What’s important toWhat’s important to
today’s consumer?today’s consumer?
Convenience
Access
Quality
Service
Secondary Data:
Primary Data:
6 Step Process:
Step 1: Define Your Question
Step 2: Select a Research Method
Step 3: Collect Data
Step 4: Analyze Data
Step 5: Draw Conclusions
Step 6: Present your findings
WHAT BUSINESS IDEA WILL YOU PERSUE?
Develop charts/ graphs that tell the story of
your market research…
CONSIDER:CONSIDER:
Disposable Income
Niche Marketing
-Population of your Community-Population of your Community (Surrounding Community)(Surrounding Community)
-Relationship to Other Football Teams-Relationship to Other Football Teams
-Relationship to Competition for Entertainment $-Relationship to Competition for Entertainment $
--Age -Race -Marital Status -Education Level -Gender -Religion -IncomeAge -Race -Marital Status -Education Level -Gender -Religion -Income
(Disposable)(Disposable)
Thoughts, Attitudes, Feelings, Interests, HobbiesThoughts, Attitudes, Feelings, Interests, Hobbies
2  Mkt segment & Rsch

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2 Mkt segment & Rsch

  • 1.
  • 2.  Between 2000-2010 Americans 50 years &Between 2000-2010 Americans 50 years & older will rise 30%older will rise 30%  Asian & Hispanic populations are the fastestAsian & Hispanic populations are the fastest growing segments in the USgrowing segments in the US  Baby Boomer generation is the mostBaby Boomer generation is the most educated generation evereducated generation ever  Fastest growing household is headedFastest growing household is headed by a woman w/ no man presentby a woman w/ no man present
  • 4.
  • 5. ALL PRODUCTS HAVE A LIFE LIKE US!ALL PRODUCTS HAVE A LIFE LIKE US! THEREFORE,THEREFORE, ALL PRODUCTS AREALL PRODUCTS ARE BORNBORN & WILL& WILL DIEDIE
  • 6.  the amount ofthe amount of sales that asales that a companycompany controls withincontrols within it’s industryit’s industry
  • 7. Athletic Shoes: MarketAthletic Shoes: Market ShareShare  1 million pair of shoes1 million pair of shoes are sold in Americaare sold in America every year…every year…  NikeNike 300,000300,000  ReebokReebok 250,000250,000  AdidasAdidas 150,000150,000  FilaFila 100,000100,000  ConverseConverse 200,000200,000 Nike Reebok Adidas Fila Converse
  • 8.
  • 9. What’s important toWhat’s important to today’s consumer?today’s consumer? Convenience Access Quality Service
  • 11. 6 Step Process: Step 1: Define Your Question Step 2: Select a Research Method Step 3: Collect Data Step 4: Analyze Data Step 5: Draw Conclusions Step 6: Present your findings
  • 12. WHAT BUSINESS IDEA WILL YOU PERSUE? Develop charts/ graphs that tell the story of your market research…
  • 13.
  • 14.
  • 16. -Population of your Community-Population of your Community (Surrounding Community)(Surrounding Community) -Relationship to Other Football Teams-Relationship to Other Football Teams -Relationship to Competition for Entertainment $-Relationship to Competition for Entertainment $ --Age -Race -Marital Status -Education Level -Gender -Religion -IncomeAge -Race -Marital Status -Education Level -Gender -Religion -Income (Disposable)(Disposable) Thoughts, Attitudes, Feelings, Interests, HobbiesThoughts, Attitudes, Feelings, Interests, Hobbies