A popular Indian Brand wants to establish, retail chain hyper-market in all metro cities in the country.
Before they establish, the company wants to know their success rate compare to other competitive brand
i. Formulate a Market Feasibility Survey Plan
ii. Develop a marketing questionnaire to know the success rate of the competitive brand.
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Answer:
A popular Indian Brand wants to establish, retail chain hyper-market in all metro cities in the country.
Before they establish, the company wants to know their success rate compare to other competitive brand
i. Formulate a Market Feasibility Survey Plan
ii. Develop a marketing questionnaire to know the success rate of the competitive brand.
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Answered by
2
Answer:
Retail chain hyper market is defined as is defined as the combination of department store and grocery store.
Explanation:
There are various companies involved in hyper market such as Big Bazaar, D-mart, Reliance fresh etc. There are very big players in the market that run the hypermarket chain.
- Market feasibility survey plan is define as perfect plan to manage the stores so as to earn profit and define target market. The shops are decided on the basis of population, availability of raw material .
- Marketing questionnaire that will help in success rate of competitive brand are:
- What is sales per month?
- How many customers visit the store per month?
- What is the target market?
- What is the most wanted sections?
- Who are the most coming target market Ladies or gents?
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