Analyse the retail market, Marketing Research

Assignment Help:

Mr Adidike, owner of Adidike Shoes, has come to you with a request to analyse the Australian retail shoe market. Adidike Shoes currently makes men's sports shoes but Mr Adidike would like to expand his operations into female sports shoes or into another segment of the shoe market. He requires some market analysis to assist him in his decision making.

You agree to prepare a report for Mr Adidike. The report needs to include both analysis and recommendations.

Note: as this is also an academic report, it should refer back to relevant theory. Think of it as your chance to educate a non-economist in some of the fundamentals.

Part A: executive summary

Ensure you provide a concise summary of your report, including its findings.

Part B: introduction and scope

Define the industry and any assumptions you have made in order to provide an analysis.

Part C: qualitative analysis

Discuss the critical factors that impact on the outlook in the segments for which Mr Adidike requires analysis. Be very careful to identify both demand- and supply-side factors. Use demand and supply diagrams to illustrate your arguments. The section on comparative statistics analysis in Topic 2 provides a good starting point for how to do this.

Part D: quantitative analysis

Your quantitative analysis could take a variety of forms. You may write this either as a separate part of your report or you may choose to integrate it with your qualitative analysis from Part 2.

Note: Topic 3 provides a guide to different possible approaches. Chapter 5 in the textbook provides more detailed examples you might use (don't worry that the chapter title refers to 'demand estimation and forecasting'; focus on the techniques identified). A good example to look at is the case study in Topic 3 which forecasts baseball attendance. In this case, you should be looking at the demand side-supply-side data is not readily available.

Be prepared to submit inconclusive results-it is not easy to produce quality quantitative analysis and you are not considered to be quantitative experts. The marking criteria will be based firmly on whether or not you have used your knowledge to attempt the task.


Related Discussions:- Analyse the retail market

Constructive total loss ctl, Constructive Total Loss (CTL) : Unlike the ...

Constructive Total Loss (CTL) : Unlike the actual total loss, CTL is not a physical loss and is not absolute. CTL may be defined as a total loss when the cost of saving, repai

Illustrate sociological model of consumer behaviour, Q. Illustrate Sociolog...

Q. Illustrate Sociological model of consumer behaviour? Sociological model: As-per to this model the individual buyer is a part of the institution called society. Ever since

Alternative hypotheses, A review of 100 opera patrons was conducted.  Respo...

A review of 100 opera patrons was conducted.  Respondents were asked how often they attended the symphony in a neighbouring city.  The frequency of attendance was partitioned into

Sales tax exemption , Sales Tax Exemption : Purchase of goods meant for ex...

Sales Tax Exemption : Purchase of goods meant for exports are exempted from sales tax including Central Sales Tax. However, the purchaser of goods has to be a registered dealer fo

Customer interest, the relationship between customer interest and company i...

the relationship between customer interest and company interest

Marketing principles, give examples of different product strategies used by...

give examples of different product strategies used by different similar companies to sustain competitive advantages and justify wether thestrategies have been successful

Response hierarchy models, These models are examined giving attention to th...

These models are examined giving attention to their origin and implications and include: The Action desire interest attention (AIDA) Model The Hierarchy-of-Effects Model -

Stages of shipment, STAGES OF SHIPMENT : For effecting shipment from ports...

STAGES OF SHIPMENT : For effecting shipment from ports in India, the exporter, generally through his clearing and forwarding agent, has to comply with procedural formalities of th

Explain quantitative and qualitative research techniques, What is the major...

What is the major difference between quantitative and qualitative research techniques? One of the key aims of qualitative research is to gain preliminary insights into decisio

Forward rate -exchange rate, Forward Rate : The rate quoted for delivery o...

Forward Rate : The rate quoted for delivery of foreign exchange in future at some agreed date, i.e., when the value date is more than two business days in future, is called the fo

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd