Masterclass#9 – Simple Techniques to Assess Market & Competition
In order to succeed, a startup must properly understand their market. First by assessing the attractiveness of their startup to the market, and then understanding the potential market size and the behaviours required to succeed in that market.
Standing out also means understanding your competition. Market research can prepare you for evolving markets and prevent your business from being overshadowed by your direct competitors. Gather information about competing products and services, pricing, positioning and branding, and market reputation.
Determine your own competitive advantage based on this information.
Here’s a sample of some of the topics we’ll discuss:
Importance of knowing your customer
Simple techniques and tools for assessing your market and competition
Market validation process and defining your unique proposition
This masterclass is for entrepreneurs who want to:
Gain greater knowledge of their market and customers
Learn about market research tools and resources
Register for this masterclass to learn how to gain a clear understanding of your market and competition.
Jeanette Cheah is Chief Strategy Officer and Co-Founder of The Hacker Exchange, a global, tertiary-accredited program connecting curious entrepreneurs to opportunities in Silicon Valley, Tel Aviv and beyond. She is the co-creator of the Gingerbread Demolition non-profit event for Save the Children Australia, and has spoken at or created events for General Assembly, SXSW, Google Launchpad, and Melbourne Knowledge Week to name a few. Jeanette was also listed in Smart Company’s International Women’s Day Showcase, 2018.
With a background in economics, sociology, marketing and UX design, Jeanette loves blending the excitement of the startup world with the power of the business world, and believes the best results come from diversity of thinking and a ‘never stop learning’ mindset.