Roblox Industry Overview What is the size of the industry? How is the industry segmented? What is the industry's projected growth and profitability?
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Roblox Industry Overview
- What is the size of the industry?
- How is the industry segmented?
- What is the industry's projected growth and profitability?
- What are the factors affecting growth and profitability?
- What are the trends in the number of competitors and their size, product innovation, distribution, finances, regulation, and product liability?
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- Business and Industry Profile. This section provides an overview of the industry andmarket segment.Market size and growth trendsSignificant industry trendsStrength of major companies in the marketCompetitor’s market share.Competitors’ products and strategiesIndustry analysis is a method that helps to understand position the industry. It also helps them to identify the opportunities and threats coming their way and it gives them a strong idea of the present and future scenario of that industry. The key to surviving in this ever-changing business environment is to understand the differences between yourself and your competitors in the industry and use it to your full advantage. So what Types are there for that analysis?How can a company effectively identify and target the most profitable customer segments within a chosen market? What strategies can be used to maximize profitability within these segments?
- How does using a Customer Relationship Management System help a company to get a competitive advantage?Select an e-commerce company. Identify its customer value proposition, its revenue model, the marketspace it operates in, who its main competitors are, any comparative advantages you believe the company possesses, and what its market strategy appears to be. Also try to locate information about the company’s management team and organizational structure.You have recently been appointed sales manager of a company selling used cars. Sales are declining and you suspect that a major factor causing this decline is a lack of motivation amongst the salesforce. At present they are paid a straight salary, the size of which is dependent on the length of service. Outline your thoughts regarding how you would approach this situation. Write a research and findings base on Compare industry norms, in terms of sales and compare with present results. Compare industry sales average and the present level of sales. Discuss the possible causes
- Increasing and optimising customer loyalty and retention is a major part of any successful business strategy. Please provide two examples of companies that use this strategy and explain why they do so.Compare and contrast industry market potential and company sales potential. How is an estimate of industry market potential helpful to managers? What factors are necessary to determine industry market potential?How can market analysis benefit a business?
- Select one of the industries mentioned in the case (sales and service, education or health care) and discuss THREE (3) features of mobile phones you would consider to fit the category of being above and beyond the basic characteristics of mobile phones. The discussion should include an explanation and relevance of each feature. The feature(s) you choose to consider must not be stated in this documentWhat are the characteristics of an attractive industry? How would you identify that a target market is attractive for your proposed business?Critically discuss why it is important that marketers study the business environment within which they operate, including their competitors. Give a company of your choice as an example.