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CTU Online Identifying Your Market Health and Fitness Industry Research Paper
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I’m working on a entrepreneurship writing question and need a sample draft to help me understand better.
Complete the following:
- Conduct preliminary market research for your venture, and write a paper of 1,000-1,500 words that responds to the following questions:
- What is the scale of the industry (in units and dollars)?
- What is the scope (geographical range) of the market? Is it local, regional, national, international, or global?
- Is it a niche industry, or does it reach a mass market?
- How profitable are the players in the industry?
- What trends are occurring in the industry?
- What competition is in the marketplace, and what are they doing?
- Include visual aids where they are appropriate.
Below is the feedback I received from the previous writing draft:
Feedback
You did a great job in explaining why the concept for your business. You showed that you have an understanding of your business and your ideal location. You mentioned the why behind the business that are similar to yours. However, you forgot to provide information about these businesses.
