Tiqnea For economic consulting

  • Technical Services
    • Economic Feasibility Studies
    • Supply of equipment
    • Implementation and management of projects
    • Market Stats
    • Technical and executive consulting
  • About Us
  • Contact us
  • English
    • العربية
  • Feasibility study request
  • Register

Login To Tiqnea Company

  • Login
  • Register

The importance of a marketing feasibility study

  1. Home
  2. The importance of a marketing feasibility study

01 Sep 2021

Share post

The importance of a marketing feasibility study

The importance of the marketing feasibility study, the marketing feasibility study represents the starting point for the economic feasibility study for any idea of ​​a new project or an already existing project. In today’s article, we will learn about the importance of the marketing feasibility study and what is meant by it, and what are the most important steps that every business owner must follow to ensure the implementation of the project in the actual steps.

 

The importance of a marketing feasibility study

Let’s start first, my dear, with the definition of the marketing feasibility study, which is one of the most important studies that are carried out on the project, and through it it is known whether the project can be continued or not, or some modifications can be made or disregarded completely, and the search for another project idea.

Therefore, the success of any project is linked to the success of marketing its products well, and the importance of the project is linked to meeting the urgent needs of the public.

Therefore, it is not possible to judge the validity of any project without knowing the extent of the need for the products or services it provides, and what is the volume of supply and demand for them, and the marketing opportunities for that product or service.

Some may wonder how to complete the feasibility study, and you can prepare or do a ready-made marketing feasibility study on your own, without resorting to one of the expensive consulting offices or companies

Which may not be able to some young people or businessmen, especially beginners, or those looking for small or medium projects at the beginning of their lives.

Or resort to companies specialized in the implementation of feasibility studies, but it must be a company of good reputation, praised by everyone for its performance and professionalism in this field.

One of the best companies in the field of electronic services is the Distinguished Technology Company, which specializes in providing economic and administrative consultancy for government and private institutions and factories and for various sectors and fields.

The technology company is characterized by its high ability to carry out all kinds of feasibility studies in a skilled and adequate manner, in order to ensure the client the success and profit he wants from the implementation of his own project.

In addition, the technology company develops alternative solutions in the event that your project suffers any unexpected loss. As for the prices of services provided by technology, they are very distinctive compared to many companies working in the same field.

 

Marketing feasibility study steps

Determine market size.
Identify marketing opportunities.
The structure and type of the target market The degree of competition and market segmentation.
Defining and planning the work of advertising campaigns.
Determining the size of the expected demand for the project’s products or commodities and evaluating profitable growth rates.
Determine marketing policies in terms of product pricing, distribution and promotion.

Elements of a marketing study
The importance of the marketing feasibility study is that it is one of the most essential elements for the success of the project, as the market is a large arena for those who can take the largest share of it, and who can reap the greatest possible success.

As the market study provides many advantages that no business owner can dispense with, which support the success of the entire project. The most important features that the market study provides to the project as a whole are as follows:

Through the study of the market, you can get acquainted with the most famous sites through which you can do your project, and through which you can also facilitate the process of communication between you and customers, and through the distinguished site you can also easily access your products to private sales outlets your.
A market study allows you to identify the appropriate amount of products that you must provide, which contributes to obtaining customer confidence, in addition to avoiding offering all products that the market does not need, and which can be damaged and this means that you will be exposed to a lot of financial losses.
By studying the market, you can identify the most important advantages that your competitors have in the market and the most important points of defects and weaknesses to work on and avoid them from happening in your project, so you must take into account to avoid all the weaknesses of your competitors, which by realizing this you can outperform them, and you have The largest share in the trade market, which contributes to achieving the largest percentage of sales.

Similar posts

Best Ways to Invest Online

The best way to invest online is to invest in online stores, where the Internet has become an essential part of our daily lives, and can also be seen as […]

see more

Best Investment in America

The best investment in America, is the dream of many young people looking for ways to invest successfully to earn a good financial profit In addition, America is one of […]

see more

Best Stock for Investment

The majority of young people are looking for, the best shares to invest in, which enables them to improve their financial situation As well as creating many new and distinctive […]

see more

Best ways to invest in real estate

The best ways to invest in real estate, one of the most investor-looking investments to find a new additional income that helps them cover the requirements of a continuous life […]

see more

Best Investment Methods

The best way to invest is what investors want to ensure the preservation of their capital and the highest profit to avoid any financial losses, especially in the world’s adverse […]

see more

Best Ways to Invest Halal

Looking for, the best ways of investing halal, to invest a sum of money that you have saved whether that amount is small or large and you want to invest […]

see more

التعليقات:

Do you want to subscribe to the mailing list to receive the latest studies and offers?

About Al-Tiqnea

Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

Quick Links

  • Home
  • Blog
  • Technical Services
  • Contact us
  • About Us

Contact us

00201200006303 info@tiqnea.com

In front of Water Way - Fifth settlement - New Cairo

All copyright are reserved for (el-tiqnea ) 2012 @