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Topic: Business
Number of pages / Number of words: 5 / 1278
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This will help you identify gaps in the competitive spectrum that you may be able to pursue.

In terms of customers, we'll get into more depth of analysis with them under STP. At this point, you want to have an overall view of the market (how large is it, is it growing or shrinking, overall trends, etc...


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It may also be useful here to think about customer's other options for meeting their needs with this product ? for example, buying chocolates or teddy bears instead of flowers on Valentine's Day, or decorating your house with artificial flowers.

Segment ? Target ? Position

The importance of segmentation can't be underestimated...


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