Market Analysis: Mapping the Landscape Before Making a Move
Before entering any market, a thorough analysis is critical. Market analysis involves studying demand trends, competitor positioning, consumer behavior, and economic variables. For startups, this might mean identifying a niche underserved demographic. For established players, it often reveals gaps in brand perception or distribution. Seasonal shifts, geopolitical events, and technological disruptions can all alter a marketâs trajectory. By monitoring KPIs and industry benchmarks, investors and executives can make better-timed and better-informed decisions. The goal isnât to eliminate riskâbut to make risk measurable and manageable.