Do some research about your product or service
1 What is the state of the Thai economy? Own words, Not copy and paste from Net
2 What is the size of the market for your product?
3 Is your sector of the market growing, stagnating or declining ? By what % ?
4 who are your major competitors ?
5 what market share do your competitor have ?
6 what are you competitors’ best selling products ?
7 what are your competitors selling prices?
8 who are your competitors’ main customers ?
9 how well have your competitors done in the past? If they have done well, how have they achieved
this?
10 what percentage of the market do you plan to get? How do you plan to do this?
Note 1: If your business involves a now product or service, find answers to questions 1-10 for
Similar businesses.
Note 2: Remember to say where you got your information from.