Question: Question 1 - Market Analysis [ 1 5 marks ] 1 . 1 Conduct a comprehensive analysis of the South African e - commerce market,
Question Market Analysis marks
Conduct a comprehensive analysis of the South African ecommerce market, focusing on trends, consumer behaviour, and competitors. marks
Identify your chosen retailer's target audience, including demographics, psychographics, and purchasing habits. marks
Question Brand Positioning marks
Determine the key brand attributes and messaging strategies employed by your chosen retailer to differentiate itself from competitors. marks
Assess how these attributes and messaging align with consumer preferences and market trends and analyze their effectiveness in establishing a competitive advantage for the retailer. marks
Question Product Strategy marks
Assess the current product offerings of your selected retailer and identify potential gaps or opportunities for expansion. marks
Analyze consumer preferences, market trends, and competitor offerings to determine areas where the retailer can improve its product range to better meet customer needs and preferences. marks
Question Pricing Strategy marks
Analyze the pricing strategy of your selected retailer in comparison to its competitors. Evaluate factors such as pricing levels, discount strategies, and promotional offers to assess how the retailer's pricing strategy aligns with industry norms and influences consumer purchasing behaviour. marks
Identify any competitive advantages or disadvantages resulting from the retailer's pricing approach. marksUsing Takealot
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