Health And Social Care Level 3 Unit 3 P2
In this part of my P2 course work, I have been asked to identify the target market by preparing an information pack about the target market, for my potential investors and also make a good question for my business survey.
Market Research
Market Research is a systematic, objective collection and analysis of data about a particular target market, competition, and/or environment. It always incorporates some form of data collection whether it is secondary research (often referred to as desk research) or primary research which is collected direct from a respondent.
Purpose of Market Research
The purpose of any market research project is to achieve an increased understanding of the subject matter. With markets throughout the world becoming …show more content…
The age range for the people I interviewed for my business survey.
This pie chart shows the age range for the people I interviewed for my business survey, which shows that 50 percent of the people I interviewed are under 20, 10 percent of them are 40 above, 15 percent of them are between 31 – 40 and 25 percent of them are between 21-30.
3. This is people that live and doesn’t live in that area but were interviewed by me for my business survey.
This pie chart shows the people that live and doesn’t live in that area but they were still interviewed by me because of my business survey, which shows that 20 percent of the people I interviewed don’t live in this area and 60 percent of them live in this area.
4. Would you like to visit my fruits shops if provided?
This pie chart show the amount of people who are willing to make a visit to my shops when they are provided and also people who are not willing to make a visit to my shop, which shows that 40 percent of the people I interviewed are not willing to visit my shop and 60 percent of them are willing to visit my shop.
5. If my new shop were available today, how likely would you be to visit instead of visiting other fruits shops currently available from other
Market Research
Market Research is a systematic, objective collection and analysis of data about a particular target market, competition, and/or environment. It always incorporates some form of data collection whether it is secondary research (often referred to as desk research) or primary research which is collected direct from a respondent.
Purpose of Market Research
The purpose of any market research project is to achieve an increased understanding of the subject matter. With markets throughout the world becoming …show more content…
The age range for the people I interviewed for my business survey.
This pie chart shows the age range for the people I interviewed for my business survey, which shows that 50 percent of the people I interviewed are under 20, 10 percent of them are 40 above, 15 percent of them are between 31 – 40 and 25 percent of them are between 21-30.
3. This is people that live and doesn’t live in that area but were interviewed by me for my business survey.
This pie chart shows the people that live and doesn’t live in that area but they were still interviewed by me because of my business survey, which shows that 20 percent of the people I interviewed don’t live in this area and 60 percent of them live in this area.
4. Would you like to visit my fruits shops if provided?
This pie chart show the amount of people who are willing to make a visit to my shops when they are provided and also people who are not willing to make a visit to my shop, which shows that 40 percent of the people I interviewed are not willing to visit my shop and 60 percent of them are willing to visit my shop.
5. If my new shop were available today, how likely would you be to visit instead of visiting other fruits shops currently available from other