seminor on market survey

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  • 1. ________________________ _______________________ _______________________ ______
  • 2. A market survey is an objective identification & systematic collection, analysis, and interpretation of data about existing or potential markets for a project/ service
  • 3. Size of market & the anticipated market share in term of volume & value. Pattern of demand-seasonal & fluctuating in time (in a month ,day etc). Market structure. Buying habits & motives of buyers. Unique selling proposition of certain product. Past & present trends affecting the selected product or similar product.
  • 4. 1.Defining objectives 2.Sampling plan 3.Preparing questionnaire 4.Collect & analyses of data 5.Reporting
  • 5. 1.DEFINING OBJECTIVE decide the specific information markets needed , and finally decided working methodology and action plan for the survey.
  • 6. 2. SAMPLING PLAN It will not be always possible to collect information from whole population .hence select sample size and decide a plan for contacting them proper time
  • 7. 3. PREPARING QUESTIONNAIRE in order to ask uniform question related to topic prepare a questionnaire.
  • 8. 4. COLLECT AND ANALYSE OF DATA collect the data from the responsible person by personally contacting or mailed questionnaire.
  • 9. 5.REPORTING based on the analysis of data prepare a report & submit it to the sponsoring authority.
  • 10. SOME IMPORTANT THINGS TO REMEMBER FOR STARTING UP A NEW BUSINESS 1)Market Information: Through market information you can know the prices of the different commodities in market, the supply & the demand situation. 2)Market segmentation: It is widely use for segmenting on geographic differences , personality differences, demographic differences, techno-graphic differences, use of product differences, & psychographic differences & also gender differences. 3)Market trends: It is the upward or down ward movement of market, during a period of time.
  • 11. 1)Low costs. 2)Automation and real-time access. 3)Less time. 4)Convenience for respondents. 5)Design flexibility. 6)No interviewer. 1)Limited sampling and respondent availability. 2)Possible cooperation problems.
  • 12. Market survey is very important if you are planning to create a new business, product or service.
  • 13. If you can find out useful information You can possibly determine a target market You can determine if there are features on your product the consumer likes or dislikes