customers and vendors
primary customers suppliers host communities Unions
have a monopoly of the market
Market stakeholders are those that engage in economic transactions with the business. (For example stockholders, customers, suppliers, creditors, and employees)
Market Assessment is the evolution of the market for a product or service including the analysis of the market trends , assesing the competition and conducting market studies.
Consumers choose a product/service because they see how this product/service solve their current problem, so inorder to capture this market make sure you listen to your market and understand what they really needs and wants. As soon as you know what they require, then you must be ready to support your product/service and present it in a way that it is your product/service that they have been looking for all along.
1. Capital market stakeholders 2. Product market stakeholders and 3.Organizational stakeholders
primary customers suppliers host communities Unions
rising price
have a monopoly of the market
Is the same as how strong the demand for a product or a service is.
Market stakeholders are those that engage in economic transactions with the business. (For example stockholders, customers, suppliers, creditors, and employees)
Product or service alliances -- One company licenses another to produce its product, or two companies jointly market their complementary products or a new product.
Market Assessment is the evolution of the market for a product or service including the analysis of the market trends , assesing the competition and conducting market studies.
Market is made up of consumers where the element of product/service demand occurs. When the demand is generated suppliers have to fulfill the demand of the customers through the supply of product/service. In short demand and supply makes the market.
Consumers choose a product/service because they see how this product/service solve their current problem, so inorder to capture this market make sure you listen to your market and understand what they really needs and wants. As soon as you know what they require, then you must be ready to support your product/service and present it in a way that it is your product/service that they have been looking for all along.
You come up with an idea for a new product or service and market it.
customer