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About End Markets
1) End markets determine the characteristics of a successful product including price, quality, quantity and timing. Understanding end markets is the starting point of value chain analysis. 2) Conducting end market analysis involves both secondary research to identify target customer segments, as well as primary research like interviews to understand customer needs. 3) Lack of end market intelligence can lead businesses and value chains to fail to recognize evolving customer preferences, trends, opportunities and threats, resulting in higher investment risks. Constant monitoring of end markets is important.
Detailed Information
| Author: | ['Erika Peterson'] |
|---|---|
| Publication Year: | 2014 |
| Pages: | 3 |
| Language: | English |
| Format: | |
| Price: | FREE |
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