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Module 1 Business Funding- Entrepreneurship Contest  
Unit 1 Abstract
Unit 2 Description Of Service/Product
Unit 3 Market Analysis
Unit 4 Competition
Unit 5 Management
Unit 6 Financial Data
Unit 7 Supporting Documents, Portfolio And Criteria
Unit 8 Final Step For Completing The Application
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Module Summary

Market analysis helps you identify the demographics and needs of your targeted customers.
Here are questions to consider when pitching your market analysis techniques:
  1. Where is your product or service needed?
  2. Who could take advantage of your product or service?
  3. What is the supply and demand in the market that you are targeting?

In this video, you will learn the importance of analyzing the market and speaking about how your business’ product or service relates to the current trends. But first, let us define what market analysis means. Market analysis, in context, is the study of the demographics, supply and demand, and the economy of a product’s market.
Market analysis helps you identify the demographics and needs of your targeted customers.
Here are questions to consider when pitching your market analysis techniques:
  1. Where is your product or service needed?
  2. Who could take advantage of your product or service?
  3. What is the supply and demand in the market that you are targeting? (Creating supply is determined by sellers, while creating demand is determined by the buyers.)
Research some statistics and numbers that can support why your product is necessary.
To recap, present the solution that your product is offering, explore the needs of your targeted customers, and research the uniqueness of your product in the market.
After watching this video, to complete this unit please include the information requested below then advance to the next unit.

Build Your Business Pitch

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