Market Development Strategy
LRA conducts Market Development Strategic Plans (MDSP), which are business plans with a development focus that establishes the market potential and outlines a market penetration strategy. It might include:
- Customer profiling.
- Competitor Analysis.
- Market Facts (Political, Economic, Population, Demographics).
- Ownership Recommendation.
- New Market Entry Protocol.
- Trade Area Analysis.
- Strategic Growth Planning.
- Market Penetration Potential.
- Market/Trade Area Prioritization.
- Market Optimization.
- Site Selection Criteria.
- Predictive Analytics.
- Capital Requirement.
- Financial Forecast.