Matakuliah Tahun Versi :J0464 / Business Feasibility Study : 2007 : Revisi 3 Lecture 6 measuring and predicting demand 06 MATERIAL ▓ ▓ ▓ ▓ ▓ Competition Benefit Predicting demand Steps in predicting procedures Predicting methods Predicting control 06 COMPETITION BENEFIT ANALYSIS Element of Competition Benefit Competition Benefit Potential :• Self ability • Owned resources • Controlling system Competing Benefit Position : • Customer Value • Relatively low cost The advantage achieved from Competition Resulted work ethics : • Satisfaction • Loyalties • Market share • Profitability 06 COMPETITION BENEFIT ANALYSIS Competition Benefit potential Competition Benefit position Work ethics resulted 06 Marketing Strategy Analysis Goal Knowing what kind of support are needed so that potential buyer would buy the supplied product. 06 CUSTOMER ANALYSIS OUTCOME Segmentation Segmentation can also be acknowledged as identifying groups of different tcustomers that gives different responds compared to other customer groups. 06 CUSTOMER ANALYSIS OUTCOME How to choose segmentation By making segmentation as macro segmentation first before micro segmentation. Targeting Undifferentiated Marketing Differentiated Marketing Concentrated Marketing 06 CUSTOMER ANALYSIS OUTCOME Positioning 1. Selecting consumer perception upon a product. 2. Selecting attributes that are in the product. 3. Getting samples from other consumers about their perception about each product and its attributes. 4. Analysing product position’s intensity in consumer’s mind. 5. Selecting product location analysed between other products. 6. Choosing consumer’s preference for the attributes that provides the most benefit. 7 Testing adaptability between preferences and market segment with the current product position. 8. Choosing positioning strategy or the correct repositioning. 06 STRATEGY DECISION CRITERION Differential benefit Long lasting The right timing and ideal Can be carried out Can result in profit 06 FORECASTING 2 Methods of forecasting : Qualitative analysis Quantitative analysis 06 QUALITATIVE METHODS Opinion of executives Unity of some power sellers Delphi method Market research 06 QUANTITATIVE METHODS Decomposition Moving Average Linear Trend Quadratic Trend Moving Simple Exponential Trend Exponential Smoothing Trend Projection Linear Regression 06 PHASES IN PREDICTING PROCEDURES Economic Analysis Industry Analysis Past Sales Analysis Controlling Prediction Result Demand Prediction Analysis 06 Controlling Prediction Methods that could be used : Root Mean Squared Error Correlation Test Control Limit Average Absolute Error Thank you,… See you on lecture number 07