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When is the marketing feasibility study conducted?

Market Studies Marketing Feasibility Studies Banking Business Development
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Question added by Nadjib RABAHI , Freelancer , My own account
Date Posted: 2017/06/07
Upvote (0) Views (6) Followers (2) Answers (3) Report Question
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Abdulaziz Badawi
by Abdulaziz Badawi , Blogger , Aljazeera Blogs

Thanks for your invitation I agree with the teacher faris Abu Hannood

Faris Abu Hannood
by Faris Abu Hannood , Marketing Consultant , Twist Marketing Agency

It is usually conducted when attempting to start a new business. Mostly any of the marketing feasibility researchs depend of the 5 key components;

  • Stakeholder in depth interview analysis
  • Demographic assesment/Trend analysis
  • Quantitative Survey
  • Competitive assesment
  • Demand Model

samer youssef
by samer youssef , Events Manager , MEDIA LAND EVENT MANAGEMENT L.L.C

Different question because all projects needed feasibilty study  let me describe steps for you 

 

  1. Conduct a Preliminary Analysis
  2. Prepare a Projected Income Statement
  3. Conduct a Market Survey
  4. Plan Business Organization and Operations
  5. Prepare an Opening Day Balance Sheet
  6. Review and Analyze All Data
  7. Make "Go/No Go" Decision

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