NPDP Process Lesson
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New Product Development Test
 

Market Opportunity Assessment

Understand the potential of a new market

Narrow down your target market and tightly focus your product development efforts. NP Learning's Market Opportunity Assessment (MOA) is a thorough and factual analysis that produces actionable data for identifying 1 or 2 market segments for your product concept.

This stepwise program is a collaborative effort and begins with analyst interviews of key management personnel. A scoring model is created based on various value opportunity market criteria to various possible markets and a rank order of segments is created.

Each client's unique issues are taken into account to establish the appropriate scoring model, which includes some or all of the following topic areas:

  • Overall Size of Market
  • Market segment growth rates ranging from negative to slow to high
  • Expected profit margins - negative, low, medium and high
  • Level of Saturation (Number of competitors)
  • Opportunity Window - Ease of Entry
  • Strength of Suppliers
  • Threats of Change
  • Alternatives
  • Unique Attributes - others as required and identified

This process usually takes 2-3 weeks, but timing could vary depending on client's specific situation.

Call (770) 598-1205 to learn more about how NP Learning helps companies zero in on their target market.


 
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