How does the industry look-How much money in this industry, is it profitable?

Which country suffers most from eczema

CAP stone 611

Fings to do under the Market Analysis

1 Comparison Chart of the three fabrics – Silver Ion, Bamboo Fabric, Cotton Fabric

– Feature, Advantage, Benefit (FAB) Model for all three fabrics

2 Logistic Model

Cost Benefit Analysis

– Which Route would work best?

– Consider the tariffs

– Production in USA itself?

– Import from Vietnam or Taiwan?

Industrial Analysis

– Find numbers, stats, charts, regarding children with eczema and how clothing is important

– Which country suffers most from eczema?

– How clothing is important?

– What type of cloth protects from Eczema and what is the role of fabric in eczema?

– How does the industry look? How much money in this industry, is it profitable?

– Is it a good opportunity?

– Who buys these types of clothes? primary target?

Customer Analysis

Determine your purpose. …

Research the state of the industry. …

Identify your target customer. …

Understand your competition…. (who they are? what price? what is their USP? How they sell it? Their strengths?

Gather additional data. …

Analyze your data. …

Put your analysis to work

Consider this link: https://www.bdc.ca/en/articles-tools/marketing-sal…