Question

an email to your line manager where you summarise some market research giving the main difference between your own company and a competitor

Answer 1

Answer:

Without divuluging into the structure of the email, lets dwell up what you will add into it that can bring value.

1]  be sure to include information on how the data presented in the market research study was analyzed.

....   To investigate the public impression of both the companies, products, and services, an online reporting tool based on consumer survey results was employed.   The outcome was excellent and enabled the team to interact with valuable patterns and acquire insights into the customer behaviour

2] drop points that gives crisp understanding to the team manager on what is the final outcome or benefit after all the exercise.

Furthermore this assisted in creating visualizations that will enable management to undertake better competition analysis in the future.

3] Now divluge some extra information as to why the report is presented in the way it is

The team unanimously agreed that, rather than adding streams of shaky data to a static spreadsheet, a comprehensive market research report brings market-driven research findings to life, providing users with a data analysis tool to develop actionable plans based on a variety of consumer-driven insights and, ultimately, meet the needs of our target audience head-on. This, in turn, will will accelerate the commercial success significantly.

4] To conclude, you can throw in some tips to improve in your competitive analysis research letter.

Answer 2

The following format must be followed to write the E-Mail.

• The E-mail will be written to the Line Manager of the Company.
• The e-mail is about a summary of some Market Research.
• It will also be discussing about the main difference between the company and a competitor.
• Here goes the E-mail:

Date: DD-MM-YYYY

From: <write the sender's e-mail id here>

To: <write the receiver's e-mail id here>

Subject: Summary Of the Recent Market Research and Comparison between the company and a Competitor.

Dear Sir/Madam,

Good Evening Sir/Madam, I hope you had a great day. This e-mail is regarding the summary of the recent Market Research which had been assigned to me.

The shoe market nowadays, is becoming very diversified. there have been many new brands introduced in the recent times. People nowadays, prefer quality over quantity. Comfort is the prime concern for most customers. The age group of 40's and above. While, the younger generation seeks three conditions, i.e. durability, endurance and reasonable pricing.

The main difference between Company and our Competitor is that, we are having a larger market share than them. In addition, we also have more loyal customer base than them. This gives us an upper hand. Thanks for giving me this opportunity to explore the market-space.

With Regards

Yours faithfully

<Your Name>

< Designation>