Question description

 

 

all in about 800 words, all need to analysis Etsy's market. 

from these part, NOT ALL OF PARTS NEED WRITE

 

1.Describe the business’ market in general terms that are relevant to the business. Include geographic and demographic information, details about industry in the area, purchasing trends, and spending power of customers.

2.Describe which areas of the local economy your business contributes. Ex: XYZ contributes to the theatre sector of the community, specializing in improv, scripted, and musical productions.

3.Identify what type of customer the business targets and their trends and include figures and predictions for future growth. Ex: XYZ’s targeted customers include…who need great entertainment products and services at a reasonable price. The market has seen growth in sales of ….which leads to a forecast of ….

4.Describe the market research you have done, covering any past developments in the business’ given segment and typical revenues and profits. 

5.Describe your business’ place in the future of the market. Ex: XYZ’s future position is to maintain its number one position and branch out into the areas with three new…This will further grow the brand and company as the leader in the region.

6.Now write an interpretation of your analysis. Through the process of revisiting analysis, you must provide the audience insights relevant to the key research issues and use these insights to address the client's behalf. 

End analysis by providing a brief overview of market trends and competition, and how your business will address market needs and compare favorably to competitors/collaborators.