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Developing a Market Research Plan

Developing a Market Research Plan

The students need to develop a detailed and in-depth plan for the market research they would be conducting. The assessment task 2 also expects the students to identify the market research needs of the company they choose, including various aspects like the research need in product/service, the price points, the promotional and strategic need, and much more. If it seems too much for you, then do avail our marketing research assignment help to easily overcome any challenges.

Nevertheless, your Market Research Presentation shall include the following without fail:

  • An entire overview of the company, it’s business goals, marketing strategies, it’s targeted customers, etc.

  • What are the impacts that this market research will have on the growth of the company and its functions?

  • The key market research needs that you have identified and your arguments behind selecting that specific need

  • What was your objective behind conducting this research?

  • The entire overview of the Market Research Plan that you have proposed

  • The type and method of data collection

  • The estimated cost of your research

  • The timeline for the research conduction

  • The process of analyzing the data collection

How to conduct market research for any business?

The  BSBMKG506 Plan Marketing Research assessment task 1 expects students to conduct market research for any company of their choice. When you pick a company of your choice, here are some of the crucial aspects of the research that you cannot afford to avoid:

  • Identifying who is your targeted audience

    • What is their age, location, gender, occupation, their family, income, and what are the challenges that they face, how educated they are, their lifestyle?

  • The existing competitors or replacements

    • Before the launch of the product, who was fulfilling your target customer’s needs?

  • What are the pain points or the differentiating points which make them buy a certain product?

    • It could be the price, the quality, variety and so on. What makes one choose a particular product over the other?

  • How can the company you chose can stand out from the competition? Why will the customer choose you over the others? Your USPs!

 

Get a More than Just the Solution to the BSBMKG506 Assessment  

The BSBMKG506 Plan Marketing Research assessment task might seem daunting as it needs utmost dedication and deep research on the subject matter. It does not simply conclude with writing the answers as you also need to deliver a presentation to your professor. Moreover, if the marketing research plan is not as convincing as expected, then there are chances that it might fail to obtain approval.

We can help you get through this so that you can easily score the desired grade in these assessments. Simply avail marketing research assignment help and you will get customized assistance from our experts for the BSBMKG606 assessment as well as the presentation. Your assessment will be written exactly according to marking rubrics and guidelines while following the checklist provided by the professor. To get immediate help, simply fill the form and one of our customer care executives will get back to you and discuss further.


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