Market Feasibility Studies
Make sure your idea is sound: Investigate BEFORE Investing
When to Conduct a Market Feasibility Study?
- When you are considering the launch of a new product
- When you are considering offering a new service
- When you are considering the opening of a facility
Feasibility Study Process
- Profile desired demographics of target market using subscription databases
- Assess your direct competitors to determine their strengths and weaknesses
- Identify market opportunities to exploit
- Survey prospective customers to gain insights into their purchasing behavior and likelihood of purchase
Deliverables
- SPG’s unbiased assessment of your business opportunity based on decades of experience
- Professional report with key findings and conclusions that can also be used by you to acquire financing from lenders or investors for your project
- Go or No Go recommendation
Fee for Service
- Based on the mix of primary and secondary research required
Next Steps
- Complete the request form or call Jim at 866-599-0663 toll free direct.
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