Tip 1: How to study the market
Tip 1: How to study the market
The study of the market is necessary for all those whois going to create his own business. Market research for these purposes includes studying market conditions, forecasting growth and development trends, studying the competitive environment.
Instructions
1
Everyone who is going to create their own business,questions - and will my product be competitive? Who will buy it? Is there a free niche in the market or is it already occupied? For this, the future owner of a business needs to conduct market research.
2
Market conjuncture is a situation developingon the market at a certain point in time, under which the process of selling and buying goods occurs. A good knowledge of the market situation will reduce your risks, because without this knowledge you will not have a primary understanding of the situation on the market with a product similar to yours.
3
The next step after studying market conditions -forecasting. Analyzing those trends that exist on the market of goods similar to yours, now and comparing them with those that existed a year or two ago, you can draw certain conclusions about how this segment of the market develops in principle.
4
It is also very important to be able to evaluate your competitors: your market strategy depends on the level of competition. If there are a lot of competitors, you will need more aggressive advertising, website promotion, etc. To evaluate competitors, it will be necessary to study three indicators: 1. actual production of competitors; 2. their marketing strategies; 3. the difference between your and their product.
5
Thus, market research involves analysisinformation about various companies that produce and sell goods, similar to yours. Sometimes it seems that it is rather difficult to do this, as many companies hide most of the information about themselves and their own products. However, company websites, business press, professional forums can often provide at least a minimum of information. Do not forget about other ways of studying the market: for example, if you are offending to open a hairdresser, then perhaps the method that will give you the most amount of information will be bypassing the establishments of competitors.
Tip 2: How cheap to buy a cottage in the suburbs
Buying a cottage in the suburbs is a profitableinvestment, as well as a cozy home and a place to rest the whole family for many years. It is necessary to first study the real estate market in order to choose a house that is suitable for the price.
Instructions
1
Look through the newspapers for urgent announcements about the sale of country houses. People who want to sell the cottage as soon as possible can do it with a significant discount.
2
Determine the remoteness of the cottage from the city. The more the cottage is closer to the capital, the more it will cost more. Cheaper are the eastern, south-eastern and north-eastern directions. Although it's much harder to get to the site on the overloaded Volgograd Avenue, the Entuziastov highway and the Ryazan highway. But if you plan to visit the cottage only on weekends, then be sure to look at the cheaper and more separated houses.
3
Learn not only the fancy cottages, but alsosites around them. They are divided into promising and abandoned. The latter are cheap, but in such homes you can hardly conduct electricity, water and gas. So, it will be problematic to live in such a house. But if the site with the house is located quite close to the city, and there is already a project for the construction of a cottage community in the given territory, it will be treated as a perspective, the prices for which are quite high.
4
Start to inspect the vending cottages. Be sure to bargain with the sellers. When assigning a value, they often include in it the possible amount of an assignment, so the price should be tried to bring down. The main arguments in this regard include clutter of the surrounding area, noticeable external flaws (for example, cracks), remoteness from shops and stops.
5
Agree on the price and start making a deal. Re-read several times all documents (owner's passport, certificate of ownership of the house and land, cadastral plan of the site), check whether the details are correct. Calculation should be made not by cash, but by payment through bank transfers.
