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1. INTRODUCTION OF MARKETING CHAPTER 1-1
Bi) SITUATION ANALYSIS
1. INTRODUCTION OF MARKETING CHAPTER 1-1
WHAT IS MARKET ANALYSIS
to understand & answer following questions:
- WHO________ - WHO________
- WHAT________ - WHAT________
- HOW________ - HOW________
1. INTRODUCTION OF MARKETING CHAPTER 1-1
WHAT IS MARKET ANALYSIS
to identify & helps :
R____
P_____
T_____
R_____
B_____
M_____
O_____
1. INTRODUCTION OF MARKETING CHAPTER 1-1
HOW TO CONDUCT ANALYSIS
i. DETERMINE THE P______
- main reason to conduct the analysis
(eg. reduce risk, create opportunity)
- internal / external
# identify your main purpose on the process
1. INTRODUCTION OF MARKETING CHAPTER 1-1
ii. RESEARCH THE I______
- understand the direction of an industry
- collection of supporting data
(eg. sizes, trends, growth)
# background research on your specific industry
HOW TO CONDUCT ANALYSIS
1. INTRODUCTION OF MARKETING CHAPTER 1-1
iii. IDENTIFY TARGET C______
- not everyone will be customer
- to identify consumer’s factors
(eg.age, gender, income, education,
occupations, interest, location etc)
# create a customer profile with specific factors
HOW TO CONDUCT ANALYSIS
1. INTRODUCTION OF MARKETING CHAPTER 1-1
iv. COMPARE THE C______
- to understand who’s the competitor
- conduct SWOT analysis for them
- identify all competitor’s rank
# rank a top 3 competitor’s list in your industry
HOW TO CONDUCT ANALYSIS
1. INTRODUCTION OF MARKETING CHAPTER 1-1
v. D___ VERIFICATION
- data should be relevant & factual
- verify through all credible sources
(eg. government resources, local
commerce website, SWOT, surveys,
focus group etc.)
# conduct a focus group / survey
HOW TO CONDUCT ANALYSIS
1. INTRODUCTION OF MARKETING CHAPTER 1-1
vi. ANALYZE THE D___
- organize all data into sections
(eg. industry, target market,
competition, etc)
# create a mindmap with all collected data
HOW TO CONDUCT ANALYSIS
1. INTRODUCTION OF MARKETING CHAPTER 1-1
vii. S______ THE ANALYSIS
- convert the analysis into readable &
digestible format
- apply your analysis into the business
# create SWOT for your analysis result
HOW TO CONDUCT ANALYSIS
1. INTRODUCTION OF MARKETING CHAPTER 1-1
- what you do well?
- what you good on?
- how can u do more?
- what help you grow?
- what is your potential
opportunity?
- what obstacles you face?
- your competitor strength
- what’s wrong in the
industry?
- what need to improve?
- what you lack of?
1. INTRODUCTION OF MARKETING CHAPTER 1-1
STRENGTHS WEAKNESSES
OPPORTUNITIES THREATS
1. INTRODUCTION OF MARKETING CHAPTER 1-1
MAIN
TOPIC
TOPIC
A
TOPIC
C
TOPIC
B
Sub-Subtopic
Sub-Subtopic
Sub-Subtopic
Sub-Subtopic
Sub-Subtopic
Sub-Subtopic
Sub-Subtopic
Sub-Subtopic
Sub-Subtopic
Sub-Subtopic
MINI Sub-Subtopic
MINI Sub-Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
1. INTRODUCTION OF MARKETING CHAPTER 1-1
1. INTRODUCTION OF MARKETING CHAPTER 1-1
Setup a product & relevant industry
#1 identify your main purpose on the process
#2 background research on your specific industry
#3 create a customer profile with specific factors
#4 rank a top 3 competitor’s list in your industry
#5 conduct a focus group / survey
#6 create a mindmap with all collected data
#7 create SWOT for your analysis result
ASSIGNMENT B1
1. INTRODUCTION OF MARKETING CHAPTER 1-1
TIPS
#5 conduct a focus group / survey
- questions should include the following samples:
what customer need? (feature / function / quality)
how much customer willing to pay?
what is the market trend? (what consumer like / follow)
what is the best consumer group? (demographic)
what is the market / industry perception? (feeling)
1. INTRODUCTION OF MARKETING CHAPTER 1-1
CHEAT SHEET
#1 identify your main purpose on the process (SMARTPHONE)
- to identify profitable way by entering the market
- to understand the attractiveness of the market
#2 background research on your specific industry (SMARTPHONE)
- smartphone industry start growing since 2007
- more than 1.38billion units sold on 2020
- estimated revenue of USD450 billion
- SEA & China is the major growing market
- estimated with 4% year-over-year growth
- resources : www.bankmycell.com
1. INTRODUCTION OF MARKETING CHAPTER 1-1
CHEAT SHEET
#3 create a customer profile with specific factors (SMARTPHONE)
- Malaysia working adult, Male & Female, all races
- Age group : 19-29 yrs
- Income level : RM3000-5000
#4 rank a top 3 competitor’s list in your industry (SMARTPHONE)
- Apple (market share 21%)
- Samsung (market share 16%)
- Xiaomi (market share 11%)
1. INTRODUCTION OF MARKETING CHAPTER 1-1
CHEAT SHEET
#5 conduct a focus group / survey (SMARTPHONE)
- total of contributors : 25persons
- 10 questions & answer*
example. how often you change your previous phone?
a. 1-12 months (20%)
b. 1-2 years (32%)
c. 2-3 years (24%)
d. above 3 years (20%)
e. not specific (4%)

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Brand & Marketing Management

  • 1. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 Bi) SITUATION ANALYSIS
  • 2. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 WHAT IS MARKET ANALYSIS to understand & answer following questions: - WHO________ - WHO________ - WHAT________ - WHAT________ - HOW________ - HOW________
  • 3. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 WHAT IS MARKET ANALYSIS to identify & helps : R____ P_____ T_____ R_____ B_____ M_____ O_____
  • 4. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 HOW TO CONDUCT ANALYSIS i. DETERMINE THE P______ - main reason to conduct the analysis (eg. reduce risk, create opportunity) - internal / external # identify your main purpose on the process
  • 5. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 ii. RESEARCH THE I______ - understand the direction of an industry - collection of supporting data (eg. sizes, trends, growth) # background research on your specific industry HOW TO CONDUCT ANALYSIS
  • 6. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 iii. IDENTIFY TARGET C______ - not everyone will be customer - to identify consumer’s factors (eg.age, gender, income, education, occupations, interest, location etc) # create a customer profile with specific factors HOW TO CONDUCT ANALYSIS
  • 7. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 iv. COMPARE THE C______ - to understand who’s the competitor - conduct SWOT analysis for them - identify all competitor’s rank # rank a top 3 competitor’s list in your industry HOW TO CONDUCT ANALYSIS
  • 8. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 v. D___ VERIFICATION - data should be relevant & factual - verify through all credible sources (eg. government resources, local commerce website, SWOT, surveys, focus group etc.) # conduct a focus group / survey HOW TO CONDUCT ANALYSIS
  • 9. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 vi. ANALYZE THE D___ - organize all data into sections (eg. industry, target market, competition, etc) # create a mindmap with all collected data HOW TO CONDUCT ANALYSIS
  • 10. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 vii. S______ THE ANALYSIS - convert the analysis into readable & digestible format - apply your analysis into the business # create SWOT for your analysis result HOW TO CONDUCT ANALYSIS
  • 11. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 - what you do well? - what you good on? - how can u do more? - what help you grow? - what is your potential opportunity? - what obstacles you face? - your competitor strength - what’s wrong in the industry? - what need to improve? - what you lack of?
  • 12. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 STRENGTHS WEAKNESSES OPPORTUNITIES THREATS
  • 13. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 MAIN TOPIC TOPIC A TOPIC C TOPIC B Sub-Subtopic Sub-Subtopic Sub-Subtopic Sub-Subtopic Sub-Subtopic Sub-Subtopic Sub-Subtopic Sub-Subtopic Sub-Subtopic Sub-Subtopic MINI Sub-Subtopic MINI Sub-Subtopic Subtopic Subtopic Subtopic Subtopic Subtopic Subtopic Subtopic Subtopic Subtopic Subtopic
  • 14. 1. INTRODUCTION OF MARKETING CHAPTER 1-1
  • 15. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 Setup a product & relevant industry #1 identify your main purpose on the process #2 background research on your specific industry #3 create a customer profile with specific factors #4 rank a top 3 competitor’s list in your industry #5 conduct a focus group / survey #6 create a mindmap with all collected data #7 create SWOT for your analysis result ASSIGNMENT B1
  • 16. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 TIPS #5 conduct a focus group / survey - questions should include the following samples: what customer need? (feature / function / quality) how much customer willing to pay? what is the market trend? (what consumer like / follow) what is the best consumer group? (demographic) what is the market / industry perception? (feeling)
  • 17. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 CHEAT SHEET #1 identify your main purpose on the process (SMARTPHONE) - to identify profitable way by entering the market - to understand the attractiveness of the market #2 background research on your specific industry (SMARTPHONE) - smartphone industry start growing since 2007 - more than 1.38billion units sold on 2020 - estimated revenue of USD450 billion - SEA & China is the major growing market - estimated with 4% year-over-year growth - resources : www.bankmycell.com
  • 18. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 CHEAT SHEET #3 create a customer profile with specific factors (SMARTPHONE) - Malaysia working adult, Male & Female, all races - Age group : 19-29 yrs - Income level : RM3000-5000 #4 rank a top 3 competitor’s list in your industry (SMARTPHONE) - Apple (market share 21%) - Samsung (market share 16%) - Xiaomi (market share 11%)
  • 19. 1. INTRODUCTION OF MARKETING CHAPTER 1-1 CHEAT SHEET #5 conduct a focus group / survey (SMARTPHONE) - total of contributors : 25persons - 10 questions & answer* example. how often you change your previous phone? a. 1-12 months (20%) b. 1-2 years (32%) c. 2-3 years (24%) d. above 3 years (20%) e. not specific (4%)