BUS12 BusinessAssignment v2.2 (2018/12/11)The Market5.Complete each of the market components described in the following box.Market research Question.
Describe who your niche market are.
Who decided on the purchase?
Who buys from me?Identify the characteristics of your current market? (If no current clients just leave blank)Where do customers seek information?
Where are potential customers?Are your customers residential or working? Where do they hang out?
What benefits do they seek?What are their goals, and obstacles?What price are they willing to pay?
What are their incomes, what is affordable? (Great way to find this information is interviewingyour target market, for the assignment you can just estimate)