In: Economics
Please answer these questions in depth in relation to the fast food industry in Japan
(1) Size of the market, its growth rate, and its long-term potential.
(2) Major product types to be found in the chosen market.
ans: market size is the number of individual in a certain market segment who are potential buyers. Companies should determine market size before launching a new product or service.... By outlining the difference between these two, you can develop a product offering to tackle that consumer sweet spot.
economic growth rate is the increase in the market value of the goods and services. That an economy products over time. It is measured as the percentage rate change in the real gross domestic product (GDP)... Long- run growth is defined as the sustained rise in the quality of goods and services that an economy productes.
types of marketing :(1) social marketing (2) service marketing (3) green marketing (4) holistic marketing (5) direct marketing . marketing as a discipline is constantly evolving.
eight analysis types to identify market opportunities...
Consumer segmentation...
Purchase situation analysis...
Direct competition analysis....
Indirect competition analysis...
Analysis of complementary products and services....
Analysis of other industries.
Foreign market analysis...
Environment analysis...