Lesson 6: Market Analysis

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Across
  1. 4. Social, political, economic, trends that could impact your business. Includes global and national factors.\
  2. 6. Used to prove through ongoing market research and data analysis that your business idea is a business opportunity.
  3. 8. limited number of individuals who are most likely to purchase a product or service
  4. 10. Broad set of activities and functions that support development, marketing, and sale of products or services.
  5. 12. Things you assume to be true about your business and what a customer wants
  6. 13. organized way to gather and analyze information needed to make business decisions
  7. 15. Process of guiding your business idea from inception to thorough development and introduction to the market.
Down
  1. 1. a group of consumers or businesses within a particular market that have 1 or more things in common
  2. 2. Business to business compares size, industry, and geographic location
  3. 3. Group of potential customers for particular product or service
  4. 5. Existing information previously gathered for a purpose other than the study at hand
  5. 7. New information collected for a particular purpose
  6. 9. selling products to everyone and all markets
  7. 11. detailed description of the target market
  8. 14. Business to consumer company and shows the customers change over time