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Market analysis is key to proceeding with almost any marketing activity. It helps you to understand the market you are competing in. It also helps you to understand the strengths and weaknesses of your organisation and its ability to meet the challenges of your market. Market analysis can deal with service specific issues such as: If your Trust thinks you are strong in a particular service, K&M can conduct analysis to build a picture of your competitors, both existing and prospective. We analyse prospective demand and conduct internal analysis to test the organisations ability to meet that demand. Market analysis can also be used in a strategic context such as: K&M can analyse your competition and threats to your revenue stream from other providers already in your market as well as potential new entrants. K&M can help you to make sense of the market and develop marketing strategies that can help your organisation to defend market share and pursue new market opportunities. |
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