Monitoring and Analyzing Market Trends Template

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Keep your sales strategies informed by staying updated with the latest trends in the gelato and soft serve machine industry. This template helps Sales Managers track and analyze industry trends to maintain a competitive advantage.

Utilize this template to identify reliable sources, set up alerts, analyze competitors, attend trade shows, and incorporate trends into your sales strategies. Regular trend analysis and customer feedback will guide your team to success.

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Monitoring and Analyzing Market Trends for Priority Matrix

Monitoring and Analyzing Market Trends in Priority Matrix

Stay ahead in the gelato and soft serve machine industry by monitoring and analyzing market trends.

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Proposed Tasks

Urgent and Important

  • Task 8: Incorporate trends into sales strategies - due every month
    ☐ Identify how trends can be used in sales strategies ☐ Update sales strategies accordingly
  • Task 9: Monitor customer feedback - due every week
    ☐ Set up a system for collecting customer feedback ☐ Analyze feedback for any emerging trends
  • Task 2: Set up Google Alerts for industry keywords - due in 2 days
    ☐ Identify relevant industry keywords ☐ Set up Google Alerts for these keywords
  • Task 1: Identify reliable sources for industry trends - due in 1 week
    ☐ Identify industry specific publications ☐ Recognize key industry influencers ☐ Subscribe to relevant industry newsletters
  • Task 5: Schedule weekly trend analysis - due in 1 week
    ☐ Set aside specific time each week for trend analysis ☐ Review all collected data and information

Important, Not Urgent

  • Task 3: Analyze competitors' products - due in 3 weeks
    ☐ Identify main competitors ☐ Study their product features ☐ Analyze their pricing strategy
  • Task 6: Develop a system for tracking and storing trend data - due in 1 month
    ☐ Choose a suitable database or software ☐ Create a system for inputting and categorizing data
  • Task 4: Attend industry trade shows - due in 2 months
    ☐ Identify relevant trade shows ☐ Plan visit to these trade shows
  • Task 10: Conduct customer surveys - due every 3 months
    ☐ Design surveys to identify customer preferences and trends ☐ Analyze survey results

Urgent, Not Important

  • Task 7: Share findings with sales team - due every 2 weeks
    ☐ Prepare concise reports on findings ☐ Schedule regular meetings with sales team to share findings