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

Introduction- exports document, Introduction : In the Previous we learn th...

Introduction : In the Previous we learn the importance and the role of experts in a developing country like India as well as the policy framework in which exporting firms operate

Documents in support of claims, Documents in Support of Claims:  Every cla...

Documents in Support of Claims:  Every claim has to be supported by documentary evidence. Important documents that should accompany the claim forms are the following: a) Certif

Organisation covering credit risk, ORGANISATION COVERING CREDIT RISK : The...

ORGANISATION COVERING CREDIT RISK : There are 40 organization providing cover for credit risk, the worldover. They are all member of union International Union of credit and Invest

Marketing segment, How might this medical group tailor its marketing mix to...

How might this medical group tailor its marketing mix to appeal to this segment?

Sources of information- exports, SOURCES OF INFORMATION : An exporter woul...

SOURCES OF INFORMATION : An exporter would like to know about the market conditions and business practices in foreign countries. Let us study some major sources of information whi

Concise customer education, Here's where most advertisers fall down as well...

Here's where most advertisers fall down as well as you can stand head & shoulders above the crowd Tell your full story. Don't formulate people try to figure out on their own why th

Indifference curves, Indifference Curves: The Consumer Tastes Suppose w...

Indifference Curves: The Consumer Tastes Suppose we ask the consumer what his preferences are for alternative bundles of two goods, say food and clothing. Certain combination o

#BUSINESS RESEARCH SIMILARITIES, Compare and contrast three business resear...

Compare and contrast three business research papers as to describe how the researchers defined and operationalized variables while providing a theoretical framework.

Other provisions-Importer-Exporter Code Number, Importer-Exporter Code Numb...

Importer-Exporter Code Numbe r: No export or import shall be made by any person without an Importer-Exporter Code (IEC) number unless specifically exempted. An application for gran

Illustrate feedback stage in organisational buying, Q. Illustrate feedback ...

Q. Illustrate feedback stage in organisational buying? The feedback stage: This stage is anxious with the establishment of order routine performance feedback and so on and henc

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