Narrow down your target market and tightly focus your product development efforts. NP Learning's Market Opportunity Assessment (MOA) is a thorough and factual analysis that produces actionable data for identifying 1 or 2 market segments for your product concept.
This stepwise program is a collaborative effort and begins with analyst interviews of key management personnel. A scoring model is created based on various value opportunity market criteria to various possible markets and a rank order of segments is created.
Each client's unique issues are taken into account to establish the appropriate scoring model, which includes some or all of the following topic areas:
- Overall Size of Market
- Market segment growth rates ranging from negative to slow to high
- Expected profit margins - negative, low, medium and high
- Level of Saturation (Number of competitors)
- Opportunity Window - Ease of Entry
- Strength of Suppliers
- Threats of Change
- Alternatives
- Unique Attributes - others as required and identified
This process usually takes 2-3 weeks, but timing could vary depending on client's specific situation.
Call (770) 598-1205 to learn more about how NP Learning helps companies zero in on their target market.
