SlideShare a Scribd company logo
Market Research
Analysis
Jahleel McGowan
Table of Contents
•   Purpose
•   Questions
•   Graph 1
•   Graph 2
•   Graph 3
•   Graph 4
•   Graph 5
•   Graph 6
•   Graph 7
•   Graph 8
•   Graph 9
•   Graph 10
•   Conclusion
•   Customer Profile
Purpose
• Purpose of this analysis is to see the things that my
  potential customers would like, and to get their outlook of
  what they would think about my store. This would help
  me see what they would like, and what I would need to
  do to have a successful business.
Questions:
•   Gender
•   Age
•   Do you play sports?
•   If yes, what sports do you play?
•   Have you ever been inside a sports store?
•   Do you go to sport stores often?
•   What is the most that you will pay for sports equipment?
•   Where is your closest sport store?
•   How important is sport equipment to you?
• The highest result is yes.
• The lowest result is no.
• Advantage of highest result is that
  most people play sports, which
  means that they need equipment.
• Disadvantage of lowest result is
  that some people don’t play
  sports, so they would have no need
  to come to my store.
• The benefit of this result is seeing
  if more people play sports, or if
  more people choose not to.
• This graph shows how many
  people play sports.




Graph 1
• The highest result is other.
• The lowest result is golf.
• Advantage of highest result is
  that a more variety of items
  would be sold.
• The Disadvantage of lowest
  result is that items for golf
  would barely be sold.
• The benefit of this graph is that
  it lets me know to have a wider
  variety of things.
• This graph shows what sports
  the customers my customers
  play.
•




Graph 2
•    The highest result is yes.
•   The lowest result is no.
•   Advantage of highest result is that
    people have been inside a sports store
    before, so they know what the
    atmosphere is like.
•   Disadvantage of lowest result is that
    the people that haven’t been inside a
    sports store would need more help
    than the people that have.
•   The Benefit of this result is that most
    of my customers have visited sports
    stores before.
•
•




Graph 3
• The highest result is yes.
• The lowest result no.
• Advantage of highest result is
  that some people would know
  what to expect inside the
  store, and know where things are
  because they visit it often.
• Disadvantage of lowest result is
  that almost half of the customers
  won’t be familiar with my store
  because they won’t come to it
  often.
• This graph shows how often
  customers will come to my store.
•




Graph 4
•    The highest result is over $100.
•   The lowest result is over $200.
•   Advantage of highest result is that
    people are at least willing to pay
    more than $100.
•   Disadvantage of lowest result is that I
    can’t put my prices too high, because
    then people would not buy it.
•   The benefit of this result is knowing
    how to price my items.
•   This graph shows how much money
    customers are willing to pay for
    sports equipment.
•   To give back to customers, I can have
    a coupon for if someone spends at
    least $!00, they would get 15% off.




Graph 5
•    The highest result is very little.
•   The lowest result is very important.
•   Advantage of highest result…there isn’t
    an advantage of the highest result.
•   Disadvantage of lowest result is that
    people don’t think that sports equipment
    is very important to use. Meaning, that
    they would have less of a use for my
    store.
•   The benefit of this result is that I know
    how important athletes think that
    equipment is to them.
•   This graph shows the level of importance
    of sports equipment to athletes.
•    To make customers buy more, I would
    offer a buy one get one half off on the
    item that they are buying.




    Graph 6
• In this survey, I found out what people liked and didn’t
  like about sports stores and equipment. My survey says
  that I need a wide variety of items for people to choose
  from .I learned that they wouldn’t spend too much, but
  willing to spend just enough to get the item they are
  going to buy. I learned also that people don’t usually go
  to athletic stores often, so I would need employees to
  always be available to offer help to the customers that are
  not familiar with the store.




Conclusion
• My customers would be the ages 15-16.
• A little bit over half of my customers would be male.
• Most of my customers would play sports.
• My customers have a wide variety of sports that they play.
• Almost 100% of my customers have been inside sport stores
  before.
• A little bit more than half of my customers go to sport stores
  often.
• The most my customers would pay on equipment is $100.
• The annual income for most of my customers is $0.




Customer Profile

More Related Content

Viewers also liked

Jssss
JssssJssss
StartupCamp Bratislava #28 - Learn2Code
StartupCamp Bratislava #28 - Learn2CodeStartupCamp Bratislava #28 - Learn2Code
StartupCamp Bratislava #28 - Learn2Code
StartupCamp
 
Career Campus Sustainability Coordinator
Career   Campus Sustainability CoordinatorCareer   Campus Sustainability Coordinator
Career Campus Sustainability Coordinator
University of Richmond - Environmental Studies
 
Fis strategic insights vol 6 march 2012
Fis strategic insights   vol 6 march 2012Fis strategic insights   vol 6 march 2012
Fis strategic insights vol 6 march 2012
Paul McAdam
 
Social Media in Financial Services: Survey Results
Social Media in Financial Services: Survey ResultsSocial Media in Financial Services: Survey Results
Social Media in Financial Services: Survey Results
Omobono
 
Elizabeths Song
Elizabeths SongElizabeths Song
Elizabeths Song
Mike
 
Research powerpoint
Research powerpointResearch powerpoint
Research powerpoint
stephaniemiu
 
Dallas Bar Association Digital Boot Camp
Dallas Bar Association Digital Boot CampDallas Bar Association Digital Boot Camp
Dallas Bar Association Digital Boot Camp
Viewpoint Consulting Services
 
Original and creativity
Original and creativityOriginal and creativity
Original and creativity
JuliArashi Murtle
 
IMS2012 Notes
IMS2012 NotesIMS2012 Notes
IMS2012 Notes
chrisenglerth
 
Fin project dec 10.2
Fin project dec 10.2Fin project dec 10.2
Fin project dec 10.2
Hits_13
 
Social Media Creative Project
Social Media Creative ProjectSocial Media Creative Project
Social Media Creative Project
mburri00
 
Peter judge - Is the Cloud Green?
Peter judge - Is the Cloud Green?Peter judge - Is the Cloud Green?
Peter judge - Is the Cloud Green?
CloudExpoEurope
 
Social Mobile Payments: Americas Brochure
Social Mobile Payments: Americas BrochureSocial Mobile Payments: Americas Brochure
Presentation1
Presentation1Presentation1
Presentation1
Libs88
 
Laddish twining visessay
Laddish twining visessayLaddish twining visessay
Laddish twining visessay
aladdish
 
Dispelling the Myth of the Non-Singer
Dispelling the Myth of the Non-SingerDispelling the Myth of the Non-Singer
Dispelling the Myth of the Non-Singer
fjwillis
 
Developer Conference 1.1 - COBOL Product Update
Developer Conference 1.1 - COBOL Product UpdateDeveloper Conference 1.1 - COBOL Product Update
Developer Conference 1.1 - COBOL Product Update
Micro Focus
 

Viewers also liked (20)

Jssss
JssssJssss
Jssss
 
StartupCamp Bratislava #28 - Learn2Code
StartupCamp Bratislava #28 - Learn2CodeStartupCamp Bratislava #28 - Learn2Code
StartupCamp Bratislava #28 - Learn2Code
 
Career Campus Sustainability Coordinator
Career   Campus Sustainability CoordinatorCareer   Campus Sustainability Coordinator
Career Campus Sustainability Coordinator
 
Fis strategic insights vol 6 march 2012
Fis strategic insights   vol 6 march 2012Fis strategic insights   vol 6 march 2012
Fis strategic insights vol 6 march 2012
 
Social Media in Financial Services: Survey Results
Social Media in Financial Services: Survey ResultsSocial Media in Financial Services: Survey Results
Social Media in Financial Services: Survey Results
 
รายงานข่าววันที่ 27 ส.ค.55
รายงานข่าววันที่ 27 ส.ค.55รายงานข่าววันที่ 27 ส.ค.55
รายงานข่าววันที่ 27 ส.ค.55
 
Elizabeths Song
Elizabeths SongElizabeths Song
Elizabeths Song
 
Research powerpoint
Research powerpointResearch powerpoint
Research powerpoint
 
Dallas Bar Association Digital Boot Camp
Dallas Bar Association Digital Boot CampDallas Bar Association Digital Boot Camp
Dallas Bar Association Digital Boot Camp
 
Original and creativity
Original and creativityOriginal and creativity
Original and creativity
 
IMS2012 Notes
IMS2012 NotesIMS2012 Notes
IMS2012 Notes
 
Fin project dec 10.2
Fin project dec 10.2Fin project dec 10.2
Fin project dec 10.2
 
Social Media Creative Project
Social Media Creative ProjectSocial Media Creative Project
Social Media Creative Project
 
Peter judge - Is the Cloud Green?
Peter judge - Is the Cloud Green?Peter judge - Is the Cloud Green?
Peter judge - Is the Cloud Green?
 
Social Mobile Payments: Americas Brochure
Social Mobile Payments: Americas BrochureSocial Mobile Payments: Americas Brochure
Social Mobile Payments: Americas Brochure
 
Presentation1
Presentation1Presentation1
Presentation1
 
Isobar Mark Cranmer
Isobar Mark CranmerIsobar Mark Cranmer
Isobar Mark Cranmer
 
Laddish twining visessay
Laddish twining visessayLaddish twining visessay
Laddish twining visessay
 
Dispelling the Myth of the Non-Singer
Dispelling the Myth of the Non-SingerDispelling the Myth of the Non-Singer
Dispelling the Myth of the Non-Singer
 
Developer Conference 1.1 - COBOL Product Update
Developer Conference 1.1 - COBOL Product UpdateDeveloper Conference 1.1 - COBOL Product Update
Developer Conference 1.1 - COBOL Product Update
 

Similar to Market research analysis

Market research analysis 2
Market research analysis 2Market research analysis 2
Market research analysis 2
mcgowanjhhs1
 
Daltondhhs daltondhhs marketresearchanalysis
Daltondhhs daltondhhs marketresearchanalysisDaltondhhs daltondhhs marketresearchanalysis
Daltondhhs daltondhhs marketresearchanalysis
daltondhhs
 
7 Secrets To Attract Your Perfect Customer
7 Secrets To Attract Your Perfect Customer7 Secrets To Attract Your Perfect Customer
7 Secrets To Attract Your Perfect Customer
Jesse Stoddard
 
Why do they buy?
Why do they buy?Why do they buy?
Market analysis 3
Market analysis 3Market analysis 3
Market analysis 3
larochechhs
 
Practice Marketing
Practice MarketingPractice Marketing
Practice Marketing
AnaLuizaLeite4
 
1. the inner game of selling
1. the inner game of selling1. the inner game of selling
1. the inner game of selling
Jerry Aunt
 
How Loyal Are Your Customers? - webinar
How Loyal Are Your Customers? - webinarHow Loyal Are Your Customers? - webinar
How Loyal Are Your Customers? - webinar
G&A Partners
 
Pricing what buyers mean when they say " You're to Expensive"
Pricing what buyers mean when they say " You're to Expensive"Pricing what buyers mean when they say " You're to Expensive"
Pricing what buyers mean when they say " You're to Expensive"
Managing High Growth
 
2. research (fmp)
2. research (fmp)2. research (fmp)
2. research (fmp)
LouisCoopre
 
Customers
CustomersCustomers
Customers
Marcus Leaning
 
CB Final
CB FinalCB Final
CB Final
Neville Wiles
 
2. research (14)
2. research (14)2. research (14)
2. research (14)
charlielamb1
 
2. research (14)
2. research (14)2. research (14)
2. research (14)
charlielamb1
 
The Store Newsletter
The Store Newsletter The Store Newsletter
The Store Newsletter
Amr Sayed Othman
 
Module 5 do your research
Module 5   do your researchModule 5   do your research
Module 5 do your research
yeaproject
 
Module 5 do your research
Module 5   do your researchModule 5   do your research
Module 5 do your research
caniceconsulting
 
Key Driver in Retail: Helpful Expertise
Key Driver in Retail: Helpful Expertise Key Driver in Retail: Helpful Expertise
Key Driver in Retail: Helpful Expertise
Experticity
 
2. fmp research (1)
2. fmp research (1)2. fmp research (1)
2. fmp research (1)
james Gannon
 
A guide for beginners to invest in the stock market
A guide for beginners to invest in the stock marketA guide for beginners to invest in the stock market
A guide for beginners to invest in the stock market
Chittaranjan Infotech
 

Similar to Market research analysis (20)

Market research analysis 2
Market research analysis 2Market research analysis 2
Market research analysis 2
 
Daltondhhs daltondhhs marketresearchanalysis
Daltondhhs daltondhhs marketresearchanalysisDaltondhhs daltondhhs marketresearchanalysis
Daltondhhs daltondhhs marketresearchanalysis
 
7 Secrets To Attract Your Perfect Customer
7 Secrets To Attract Your Perfect Customer7 Secrets To Attract Your Perfect Customer
7 Secrets To Attract Your Perfect Customer
 
Why do they buy?
Why do they buy?Why do they buy?
Why do they buy?
 
Market analysis 3
Market analysis 3Market analysis 3
Market analysis 3
 
Practice Marketing
Practice MarketingPractice Marketing
Practice Marketing
 
1. the inner game of selling
1. the inner game of selling1. the inner game of selling
1. the inner game of selling
 
How Loyal Are Your Customers? - webinar
How Loyal Are Your Customers? - webinarHow Loyal Are Your Customers? - webinar
How Loyal Are Your Customers? - webinar
 
Pricing what buyers mean when they say " You're to Expensive"
Pricing what buyers mean when they say " You're to Expensive"Pricing what buyers mean when they say " You're to Expensive"
Pricing what buyers mean when they say " You're to Expensive"
 
2. research (fmp)
2. research (fmp)2. research (fmp)
2. research (fmp)
 
Customers
CustomersCustomers
Customers
 
CB Final
CB FinalCB Final
CB Final
 
2. research (14)
2. research (14)2. research (14)
2. research (14)
 
2. research (14)
2. research (14)2. research (14)
2. research (14)
 
The Store Newsletter
The Store Newsletter The Store Newsletter
The Store Newsletter
 
Module 5 do your research
Module 5   do your researchModule 5   do your research
Module 5 do your research
 
Module 5 do your research
Module 5   do your researchModule 5   do your research
Module 5 do your research
 
Key Driver in Retail: Helpful Expertise
Key Driver in Retail: Helpful Expertise Key Driver in Retail: Helpful Expertise
Key Driver in Retail: Helpful Expertise
 
2. fmp research (1)
2. fmp research (1)2. fmp research (1)
2. fmp research (1)
 
A guide for beginners to invest in the stock market
A guide for beginners to invest in the stock marketA guide for beginners to invest in the stock market
A guide for beginners to invest in the stock market
 

More from mcgowanjhhs1

3 movies you should watch
3 movies you should watch3 movies you should watch
3 movies you should watch
mcgowanjhhs1
 
Healthyliving mcgowanj
Healthyliving mcgowanjHealthyliving mcgowanj
Healthyliving mcgowanj
mcgowanjhhs1
 
Copyright jahleelmcgowan
Copyright jahleelmcgowanCopyright jahleelmcgowan
Copyright jahleelmcgowan
mcgowanjhhs1
 
Resume
ResumeResume
Resume
mcgowanjhhs1
 
Resume
ResumeResume
Resume
mcgowanjhhs1
 
Pricing
PricingPricing
Pricing
mcgowanjhhs1
 
Chapter 9 site selection and layout planning
Chapter 9 site selection and layout planningChapter 9 site selection and layout planning
Chapter 9 site selection and layout planning
mcgowanjhhs1
 
Chapter 9 site selection and layout planning
Chapter 9 site selection and layout planningChapter 9 site selection and layout planning
Chapter 9 site selection and layout planning
mcgowanjhhs1
 
Market research analysis
Market research analysisMarket research analysis
Market research analysis
mcgowanjhhs1
 
Market research analysis
Market research analysisMarket research analysis
Market research analysis
mcgowanjhhs1
 

More from mcgowanjhhs1 (10)

3 movies you should watch
3 movies you should watch3 movies you should watch
3 movies you should watch
 
Healthyliving mcgowanj
Healthyliving mcgowanjHealthyliving mcgowanj
Healthyliving mcgowanj
 
Copyright jahleelmcgowan
Copyright jahleelmcgowanCopyright jahleelmcgowan
Copyright jahleelmcgowan
 
Resume
ResumeResume
Resume
 
Resume
ResumeResume
Resume
 
Pricing
PricingPricing
Pricing
 
Chapter 9 site selection and layout planning
Chapter 9 site selection and layout planningChapter 9 site selection and layout planning
Chapter 9 site selection and layout planning
 
Chapter 9 site selection and layout planning
Chapter 9 site selection and layout planningChapter 9 site selection and layout planning
Chapter 9 site selection and layout planning
 
Market research analysis
Market research analysisMarket research analysis
Market research analysis
 
Market research analysis
Market research analysisMarket research analysis
Market research analysis
 

Recently uploaded

How to use Firebase Data Connect For Flutter
How to use Firebase Data Connect For FlutterHow to use Firebase Data Connect For Flutter
How to use Firebase Data Connect For Flutter
Daiki Mogmet Ito
 
Full-RAG: A modern architecture for hyper-personalization
Full-RAG: A modern architecture for hyper-personalizationFull-RAG: A modern architecture for hyper-personalization
Full-RAG: A modern architecture for hyper-personalization
Zilliz
 
Communications Mining Series - Zero to Hero - Session 1
Communications Mining Series - Zero to Hero - Session 1Communications Mining Series - Zero to Hero - Session 1
Communications Mining Series - Zero to Hero - Session 1
DianaGray10
 
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
名前 です男
 
Best 20 SEO Techniques To Improve Website Visibility In SERP
Best 20 SEO Techniques To Improve Website Visibility In SERPBest 20 SEO Techniques To Improve Website Visibility In SERP
Best 20 SEO Techniques To Improve Website Visibility In SERP
Pixlogix Infotech
 
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdfObservability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Paige Cruz
 
20240607 QFM018 Elixir Reading List May 2024
20240607 QFM018 Elixir Reading List May 202420240607 QFM018 Elixir Reading List May 2024
20240607 QFM018 Elixir Reading List May 2024
Matthew Sinclair
 
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success StoryDriving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Safe Software
 
GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...
GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...
GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...
Neo4j
 
National Security Agency - NSA mobile device best practices
National Security Agency - NSA mobile device best practicesNational Security Agency - NSA mobile device best practices
National Security Agency - NSA mobile device best practices
Quotidiano Piemontese
 
Artificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopmentArtificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopment
Octavian Nadolu
 
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAU
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAUHCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAU
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAU
panagenda
 
GraphRAG for Life Science to increase LLM accuracy
GraphRAG for Life Science to increase LLM accuracyGraphRAG for Life Science to increase LLM accuracy
GraphRAG for Life Science to increase LLM accuracy
Tomaz Bratanic
 
Serial Arm Control in Real Time Presentation
Serial Arm Control in Real Time PresentationSerial Arm Control in Real Time Presentation
Serial Arm Control in Real Time Presentation
tolgahangng
 
GraphSummit Singapore | The Art of the Possible with Graph - Q2 2024
GraphSummit Singapore | The Art of the  Possible with Graph - Q2 2024GraphSummit Singapore | The Art of the  Possible with Graph - Q2 2024
GraphSummit Singapore | The Art of the Possible with Graph - Q2 2024
Neo4j
 
GenAI Pilot Implementation in the organizations
GenAI Pilot Implementation in the organizationsGenAI Pilot Implementation in the organizations
GenAI Pilot Implementation in the organizations
kumardaparthi1024
 
Essentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FMEEssentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FME
Safe Software
 
Cosa hanno in comune un mattoncino Lego e la backdoor XZ?
Cosa hanno in comune un mattoncino Lego e la backdoor XZ?Cosa hanno in comune un mattoncino Lego e la backdoor XZ?
Cosa hanno in comune un mattoncino Lego e la backdoor XZ?
Speck&Tech
 
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
Neo4j
 
Building Production Ready Search Pipelines with Spark and Milvus
Building Production Ready Search Pipelines with Spark and MilvusBuilding Production Ready Search Pipelines with Spark and Milvus
Building Production Ready Search Pipelines with Spark and Milvus
Zilliz
 

Recently uploaded (20)

How to use Firebase Data Connect For Flutter
How to use Firebase Data Connect For FlutterHow to use Firebase Data Connect For Flutter
How to use Firebase Data Connect For Flutter
 
Full-RAG: A modern architecture for hyper-personalization
Full-RAG: A modern architecture for hyper-personalizationFull-RAG: A modern architecture for hyper-personalization
Full-RAG: A modern architecture for hyper-personalization
 
Communications Mining Series - Zero to Hero - Session 1
Communications Mining Series - Zero to Hero - Session 1Communications Mining Series - Zero to Hero - Session 1
Communications Mining Series - Zero to Hero - Session 1
 
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
 
Best 20 SEO Techniques To Improve Website Visibility In SERP
Best 20 SEO Techniques To Improve Website Visibility In SERPBest 20 SEO Techniques To Improve Website Visibility In SERP
Best 20 SEO Techniques To Improve Website Visibility In SERP
 
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdfObservability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
 
20240607 QFM018 Elixir Reading List May 2024
20240607 QFM018 Elixir Reading List May 202420240607 QFM018 Elixir Reading List May 2024
20240607 QFM018 Elixir Reading List May 2024
 
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success StoryDriving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success Story
 
GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...
GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...
GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...
 
National Security Agency - NSA mobile device best practices
National Security Agency - NSA mobile device best practicesNational Security Agency - NSA mobile device best practices
National Security Agency - NSA mobile device best practices
 
Artificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopmentArtificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopment
 
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAU
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAUHCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAU
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAU
 
GraphRAG for Life Science to increase LLM accuracy
GraphRAG for Life Science to increase LLM accuracyGraphRAG for Life Science to increase LLM accuracy
GraphRAG for Life Science to increase LLM accuracy
 
Serial Arm Control in Real Time Presentation
Serial Arm Control in Real Time PresentationSerial Arm Control in Real Time Presentation
Serial Arm Control in Real Time Presentation
 
GraphSummit Singapore | The Art of the Possible with Graph - Q2 2024
GraphSummit Singapore | The Art of the  Possible with Graph - Q2 2024GraphSummit Singapore | The Art of the  Possible with Graph - Q2 2024
GraphSummit Singapore | The Art of the Possible with Graph - Q2 2024
 
GenAI Pilot Implementation in the organizations
GenAI Pilot Implementation in the organizationsGenAI Pilot Implementation in the organizations
GenAI Pilot Implementation in the organizations
 
Essentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FMEEssentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FME
 
Cosa hanno in comune un mattoncino Lego e la backdoor XZ?
Cosa hanno in comune un mattoncino Lego e la backdoor XZ?Cosa hanno in comune un mattoncino Lego e la backdoor XZ?
Cosa hanno in comune un mattoncino Lego e la backdoor XZ?
 
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
 
Building Production Ready Search Pipelines with Spark and Milvus
Building Production Ready Search Pipelines with Spark and MilvusBuilding Production Ready Search Pipelines with Spark and Milvus
Building Production Ready Search Pipelines with Spark and Milvus
 

Market research analysis

  • 2. Table of Contents • Purpose • Questions • Graph 1 • Graph 2 • Graph 3 • Graph 4 • Graph 5 • Graph 6 • Graph 7 • Graph 8 • Graph 9 • Graph 10 • Conclusion • Customer Profile
  • 3. Purpose • Purpose of this analysis is to see the things that my potential customers would like, and to get their outlook of what they would think about my store. This would help me see what they would like, and what I would need to do to have a successful business.
  • 4. Questions: • Gender • Age • Do you play sports? • If yes, what sports do you play? • Have you ever been inside a sports store? • Do you go to sport stores often? • What is the most that you will pay for sports equipment? • Where is your closest sport store? • How important is sport equipment to you?
  • 5. • The highest result is yes. • The lowest result is no. • Advantage of highest result is that most people play sports, which means that they need equipment. • Disadvantage of lowest result is that some people don’t play sports, so they would have no need to come to my store. • The benefit of this result is seeing if more people play sports, or if more people choose not to. • This graph shows how many people play sports. Graph 1
  • 6. • The highest result is other. • The lowest result is golf. • Advantage of highest result is that a more variety of items would be sold. • The Disadvantage of lowest result is that items for golf would barely be sold. • The benefit of this graph is that it lets me know to have a wider variety of things. • This graph shows what sports the customers my customers play. • Graph 2
  • 7. The highest result is yes. • The lowest result is no. • Advantage of highest result is that people have been inside a sports store before, so they know what the atmosphere is like. • Disadvantage of lowest result is that the people that haven’t been inside a sports store would need more help than the people that have. • The Benefit of this result is that most of my customers have visited sports stores before. • • Graph 3
  • 8. • The highest result is yes. • The lowest result no. • Advantage of highest result is that some people would know what to expect inside the store, and know where things are because they visit it often. • Disadvantage of lowest result is that almost half of the customers won’t be familiar with my store because they won’t come to it often. • This graph shows how often customers will come to my store. • Graph 4
  • 9. The highest result is over $100. • The lowest result is over $200. • Advantage of highest result is that people are at least willing to pay more than $100. • Disadvantage of lowest result is that I can’t put my prices too high, because then people would not buy it. • The benefit of this result is knowing how to price my items. • This graph shows how much money customers are willing to pay for sports equipment. • To give back to customers, I can have a coupon for if someone spends at least $!00, they would get 15% off. Graph 5
  • 10. The highest result is very little. • The lowest result is very important. • Advantage of highest result…there isn’t an advantage of the highest result. • Disadvantage of lowest result is that people don’t think that sports equipment is very important to use. Meaning, that they would have less of a use for my store. • The benefit of this result is that I know how important athletes think that equipment is to them. • This graph shows the level of importance of sports equipment to athletes. • To make customers buy more, I would offer a buy one get one half off on the item that they are buying. Graph 6
  • 11. • In this survey, I found out what people liked and didn’t like about sports stores and equipment. My survey says that I need a wide variety of items for people to choose from .I learned that they wouldn’t spend too much, but willing to spend just enough to get the item they are going to buy. I learned also that people don’t usually go to athletic stores often, so I would need employees to always be available to offer help to the customers that are not familiar with the store. Conclusion
  • 12. • My customers would be the ages 15-16. • A little bit over half of my customers would be male. • Most of my customers would play sports. • My customers have a wide variety of sports that they play. • Almost 100% of my customers have been inside sport stores before. • A little bit more than half of my customers go to sport stores often. • The most my customers would pay on equipment is $100. • The annual income for most of my customers is $0. Customer Profile