Question Description
The format should be:
A document in which you present evidence that a market existsfor your business. In other words, you must convince investors that a large enoughmarket exists for your product or service and that your business can be competitivein that market. Identify the target market of your business and state the size indollars and units. How will you’re main competitive? How will customers' needs beassessed over time? Who are the main competitor s of your business, and what aretheir strengths and weaknesses (refer to Milestone Two for this information)? Whatpercentage of market share do the competitors have, and what percentage can youexpect to get? Address pricing policy and how the business’s prices will penetratethe market, maintain its market position, and allow the business to earn a profit.Address promotion strategy, distributionstrategy, and service policies. Should be approximately 800–1000 words in length.
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