Common Questions in MR

Some of the common questions used in marketing analysis are given below:

Pertaining to Customers

O What is the size of the actual market?

O What is the size of the potential market?

O What is the growth rate of the market?

O What is the decision making process while buying?

O Why do the customer buy?

O How do they use the product?

O Do they continue to buy the same product?

O What are the market segments and how big they are?

Pertaining to Competition

O What is our market share vs. competitors?

O What is the sales forecast for us and for our competitors?

O What is the brand awareness visa vis competitors?

O What is the brand perception of our product as compared to competitive products?

O How frequently do they buy our product as against competitive products?

O What is the satisfaction level with our products as against competitive products?

O What is competitive strategy?

Pertaining to Operations

O How good is our distribution?

O How good is our promotion?

O How good are our sales people?

O How good is our pricing?

O What would be the reaction of customers to product changes ?

O What are the chances of new product adoption?

Pertaining to Environment

O How the technological changes will affect us?

O How the media scene would affect us?

O How the social changes would affect us?

O How the government would affect us?

O How the economic environment would affect us ?

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