Answer to Question #303251 in Marketing for Hutchii

Question

What are the products or services that people in your community need and can afford based on a market need analysis?

Answer 1

Market Analysis is the process of collecting all necessary information about a market with a given area. In my community, I found that there are many schools including primary school, secondary schools, and tertiary education but there is no bookshop around. Therefore people are forced to travel long distances to purchase books and other school requirements. Thus the people from my community need bookshops.