Questions to Ask: Market Flashcards

To analyze critical market features

1
Q
  1. Market size, growth rate, trends: a
A

Ask for 3 years of data

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2
Q
  1. Market size, growth rate, trends: b
A

How is the industry doing overall?

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3
Q
  1. Market size, growth rate, trends: c
A

Where is it in its life cycle (emerging, maturing, declining)?

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4
Q
  1. Industry Drivers: a
A

Is it brand, price, content, size?

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5
Q
  1. Industry Drivers: b
A

Economics, technology, geopolitical events?

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6
Q
  1. Industry Drivers: c
A

Bargaining power of suppliers or buyers, distribution channels?

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7
Q
  1. Customer Segmentations: a
A

How is the industry segmented?

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8
Q
  1. Customer Segmentations: b
A

Which segments will the company go after?

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9
Q
  1. Customer Segmentations: c
A

How big are the segments?

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10
Q
  1. Industry changes: a
A

New players, mergers, acquisitions, new tech, regulation changes?

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11
Q
  1. Distribution Channels: a
A

What are the major distribution channels?

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12
Q
  1. Major Players and Market Share: a
A

Who are the major players?

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13
Q
  1. Major Players and Market Share: b
A

How much market share do they have?

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14
Q
  1. Major Players and Market Share: c
A

Is the market fragmented or dominated by one or two major players?

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15
Q
  1. Product Differentiation: a
A

How do the major competitors above differentiate their product?

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16
Q
  1. Product Differentiation: b
A

How does product differentiation match up with market share?

17
Q
  1. Barriers to Entry: a
A

Access to capitol, distribution channels, raw materials, human talent

18
Q
  1. Barriers to Entry: b
A

Government regulations, customer loyalty, sticky features, market domination

19
Q
  1. Barriers to Exit: a
A

Massive investment with non-transferrable fixed assets, contract requirements with suppliers

20
Q
  1. Barriers to Exit: b
A

Government requirements, costs to leave > staying and competing