Market Research and Customer Discovery
About This Course
1. Identify organisation's customers needs and expectations.
2. Define target market and organise market segmentation in accordance with organisation’s selected criteria.
3. Profile target market segments and identify customer needs, expectations and buying behaviour.
4. Analyse customer requirements, market dynamics, competitors, and environmental factors to drive strategic decision-making for organizational success.
5. Identify prospects and partners, and positioning options to support organisational business strategies.
What You'll Learn
The course's learning outcomes encompass a range of essential skills for success in this dynamic business environment. Participants will learn to identify and understand the needs and expectations of their current and potential customers. They will define their target markets and execute effective market segmentation while also profiling these market segments and gaining insights into customer needs and buying behavior. Moreover, learners will develop the ability to analyze customer requirements, market dynamics, competitors, and environmental factors, as well as identify prospects, partners, and positioning options. By mastering these skills, participants will be well-prepared to strategically navigate Singapore's competitive business landscape, ensuring their organizations are well-positioned for sustainable growth and success.
Entry Requirements
● 21 years and above
● Possess minimally O-level and/or listen, speak, read, and write English at a proficiency level equivalent to Employability Skills System Workplace Literacy (WPL) Level 5. If learners do not have at least O-level, (a) Training Administrator will need to interview learners to ensure that they have a foundational understanding of the subject matter before enrolling in this more advanced course, to prevent learners from struggling with content that is beyond their current knowledge level; and/or (b) learners must possess at least 3 years of relevant working experience.
● Use numeracy skills equivalent to the Employability Skills System Workplace Numeracy (WPN) Level 6.
● Minimum 1 year of working experience.