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

Activities that are carried out in marketing research, Question 1: "Mar...

Question 1: "Marketing Research is a systematic and planned formal approach to the collection of marketing information." This implies that there is a formal marketing research

Miss, I have to do a marketing research of a customize cellphones company, ...

I have to do a marketing research of a customize cellphones company, for my marketing class, and I don''t have any idea of how to start. Could you help me.

Explain about the internal consistency reliability, Explain about the Inter...

Explain about the Internal consistency reliability Internal consistency reliability is used to assess the reliability of a summated scale where several items are summated to fo

Compliance with laws-other provisions, Compliance with Laws: Every exporte...

Compliance with Laws: Every exporter or importer shall comply with the provisions of the Foreign Trade (Development and Regulation) Act, 1992. They will comply with the provisions

Discuss the steps in creating a customer service strategy, Problem: A m...

Problem: A major differentiating factor for companies is the quality of Customer Service. (i) Give the reasons which justify the inclusion of Customer Service as an e

Specific policies of cover issued , Specific Policies : Contracts for expo...

Specific Policies : Contracts for export of capital goods or projects for construction works and for rendering services abroad are insured by ECGC on a case to case basis under sp

Introduction-procedures for claiming export incentives, INTRODUCTION : You...

INTRODUCTION : You have learnt about the infrastructure and various export incentives provided by Government of India. These incentives are instrumental for the export promotion i

Shoppers Stop, How should Shopper’s Stop develop its demand forecasts?

How should Shopper’s Stop develop its demand forecasts?

Highlights of exim policy 1997-2002, HIGHLIGHTS OF EXIM POLICY 1997-200...

HIGHLIGHTS OF EXIM POLICY 1997-2002 : The new Exim Policy 1997-2002 aims at giving a major thrust to acceleration of India's exports through restructuring and revamping of var

Purpose of writing research report, PURPOSE OF WRITING RESEARCH REPORT ...

PURPOSE OF WRITING RESEARCH REPORT Three main purposes are there for writing a research report. These are: i) Writing report for partial fulfillment of your degree. ii)

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