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

Exploratory research, Here the hypothetical solution or actions are explore...

Here the hypothetical solution or actions are explored and evaluated by the decision marker. These studies do not require extensive efforts as information from previous studies can

Management approach to entrepreneurial theory, The management approach woul...

The management approach would advocate the position that entrepreneurs can be made. Discuss the management approach to entrepreneurial theory by making reference to the key researc

Define the sub-culture categories, Q. Define the Sub-culture categories? ...

Q. Define the Sub-culture categories? A sub-culture is an identifiable cultural group, distinct which while following the dominant cultural values of the overall society as wel

Textil, four trends in the macro/market environment that will have or recen...

four trends in the macro/market environment that will have or recently had an influence on textile industry

Justify problem identification and problem-solving research, Justify proble...

Justify problem identification and problem-solving research in details. Are these two categories of researches related? Answer Problem identification research is undertak

Success through segmentation, These roadblocks are able to be removed by ap...

These roadblocks are able to be removed by applying lifestyle & psychographic segmentation. When motivations, attitudes, personality characteristics and belief systems are analyzed

Marketing plan for the business, QUESTION 1 Define and describe TWO ele...

QUESTION 1 Define and describe TWO elements of the Marketing Mix and discuss how each one would influence marketing decisions for a sportswear manufacturer. Use examples to ill

Export promotion capital goods scheme, Export promotion Capital Goods Schem...

Export promotion Capital Goods Scheme: Capital goods both new and second hand, may be imported under the Export promotion Capital Goods (EPCG) Scheme. The import of second hand ca

Procedures for furnishing the forms, Procedures for Furnishing the Forms : ...

Procedures for Furnishing the Forms : The declaration form GR (in duplicate) shall be submitted in duplicate to the commissioner of Customs. After duly verifying and authenticatin

Prepare a note for declining sales of your products, Q. Prepare a Note for ...

Q. Prepare a Note for information of the Board of Directors on the reasons for declining sales of your Company's products for the quarter ending March 31, 2003? Ans. A p

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