Are you Ready?
8 STEPS FOR STARTUP MARKET ANALYSIS:
1. Look for market reports about your industry and its surrounded fields
2. Seek out market segmentations
3. Be an expert about your audience
4. Follow your industry trends!
5. Benchmark!
6. Map your competitive landscape
7. Make sure to choose your information from a reliable sources
8. Take your time
HOW TO ANALYZE YOUR STARTUP:
You must do different kinds of research for your startup. However, before you make any new decision about your market strategy, we definitely recommended mapping the market where you are playing. If you plan to launch a new product, market analysis has to be the first thing to do. But let's say you are already in business; it's essential from time-to-time to reconsider your moves. It is always a good to analyze the market situation.