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Market Analysis

University of Minnesota via Coursera

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Details

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Provider

Coursera
Pricing

Paid Course
Languages

English
Certificate

Certificate Available
Effort

6 weeks, 2 hours a week
Sessions

Self-Paced
Level

Beginner
Subtitles

English, Pashto, Farsi

Found in

Part of

Information Technology Entrepreneurship & Startup

Overview

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This course, "Market Analysis," provides a comprehensive guide to developing a business case through market segmentation, identifying beachhead markets, and calculating total addressable market (TAM). You will also define your product, analyze value propositions, understand the competitive landscape, and learn strategies for customer acquisition and partnership development.

Syllabus

Specialization and Course Overview
Module 1: Identifying Market Segments
- In this module, you will learn how to systematically develop a business case by identifying and segmenting your target market. You will explore the concept of market segmentation, find a beachhead market, and calculate the total addressable market (TAM). Additionally, you will create detailed end-user personas to better understand your target audience.
Module 2: Defining the Product
- In this module, you will learn how to define and disseminate your product effectively. You will explore the life cycle use case, from customer discovery and usage to engagement. Additionally, you will delve into product specification, creating a product brochure, and designing and hosting a company website to ensure your product reaches and resonates with your target audience.
Module 3: Value Proposition
- In this module, you will analyze the value proposition of your product or service, identifying for whom value is created and examining key activities to realize this value. You will also identify core and non-core strengths that differentiate your offering. Additionally, you will analyze the competitive landscape to understand your position in the market and learn from examples of competitive landscape analysis.
Module 4: Finding Customers & Partners
- In this module, you will learn how to identify key players in the customer acquisition process, including decision makers and examples of their roles. You will explore strategies for influencing customer acquisition by identifying opportunities, stimulating demand, and understanding the sales process and distribution channels. Additionally, you will identify key partners, suppliers, and resources, and complete the Business Model Canvas (BMC) to solidify your business strategy. The module concludes with a comprehensive course recap.
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