Profitability
• Asking Preliminary Question
• Clarifying the objectives
• Understanding client’s Product[Ex. Clock].
Profit • Geography[Low Penetration, FB(rural area) internet]
• Value Chain in which company works
• Production > Distribution > Retailing
• Spidey-sense information
Revenue Cost
• Having & conveying overall strategy
• Overall Strategy
Price/Unit Units Cost/Unit Units • Sub-Strategy
• Mini-synthesis
• Segmentation[MECE (Mutually Exclusive & Comprehensively Exhaustive)]
•
Fixed cost Variable Cost
•
Geography
Value-chain
Market Size Market Share • Product-parameter(Colour, Price, Size)
• Distribution Channel
• Company specific issue or industry wide issue
• Hypothesis Driven Approach
• Improving Drilling Speed
• 80/20 Rule
• Competitors Benchmarking
• Business Insight
Business Insight
There could be several parameters which could be compared with competition for this
Customer Characteristic Product Characteristics Sales/Marketing
• Customer segments targeted • Price range of product • No. of Retail outlets
• Age group • Specification of Product • location of outlets
• Gender
• After Sale Service • Visibility in stores
• Income
• Brand Image • Sales representatives
• Geography
• Type of requirement • Discounts & offers
• Online marketing
Market Entry
• What metric should we use to decide if we should enter the market or not?
• Is there any reason why the company is considering market Y in particular?