Market Trends and Research Prioritization Template

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Stay ahead in the competitive information, supplements, and automotive industries by tracking and prioritizing market trends and research. This template helps you systematically gather and analyze market data, monitor competitor activities, and identify potential opportunities.

Use this template to organize and streamline your market research efforts, ensuring you make informed decisions that drive your business forward.

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Market Trends and Research Prioritization for Priority Matrix

Market Trends and Research Prioritization in Priority Matrix

Track and prioritize market trends and research in information, supplements, and automotive industries.

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Proposed Tasks

High Impact, Immediate Action

  • Monitor Market News - Due Daily
    ☐ Set up alerts for industry news ☐ Review news daily ☐ Document any significant changes
  • Identify Current Market Trends - Due in 1 week
    ☐ Research current market trends in the information, supplements, and automotive industries ☐ Analyze their impact on the business ☐ Document findings

High Impact, Future Planning

  • Conduct SWOT Analysis - Every 6 months
    ☐ Conduct an internal and external SWOT analysis ☐ Identify strengths, weaknesses, opportunities, and threats ☐ Implement necessary changes
  • Analyze Competitor Activity - Due in 2 weeks
    ☐ Identify main competitors ☐ Track their activities and strategies ☐ Analyze their impact on the market
  • Evaluate Potential Market Opportunities - Due in 3 weeks
    ☐ Identify potential market opportunities ☐ Evaluate their feasibility and potential impact ☐ Document findings

Low Impact, Immediate Action

  • Monitor Regulatory Changes - Ongoing
    ☐ Monitor changes in industry regulations ☐ Analyze their impact on the business ☐ Implement necessary changes
  • Review and Update Business Strategy - Every 3 months
    ☐ Review current business strategy ☐ Update strategy based on market research ☐ Communicate changes to the team

Low Impact, Future Planning

  • Attend Industry Events - As scheduled
    ☐ Identify relevant industry events ☐ Attend events and network with industry professionals ☐ Document key takeaways
  • Conduct Customer Surveys - Every 6 months
    ☐ Design and distribute customer surveys ☐ Analyze survey results ☐ Implement necessary changes based on feedback
  • Track Technological Advancements - Ongoing
    ☐ Keep up with technological advancements in the industries ☐ Evaluate their potential impact on the business ☐ Implement changes as necessary