What is a Business Plan and how to Make a Business Plan market analysis

market analysis

market analysis.This part of the business plan is considered to be very important. This section describes all the policies that you want to use to deliver your products and services to customers and market promotions. Under this section, you must define the following:-

• How to make your product or service your place in the market

• Who will show interest in your product or services for the first time and how you will reach them are your target customers

• What will be your pricing policy

• How will you promote your product or service, such as direct marketing, advertising, social media, etc?

• How you’ll distribute your products or services to customers – distribution channels

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