Consumer Satisfaction Research Plan: Peace Essential Face Roller Study
VerifiedAdded on 2021/01/02
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AI Summary
This report outlines a research plan focused on assessing consumer satisfaction with the Face Roller product from Peace Essential. The research employs both primary and secondary methods, including surveys, questionnaires, and analysis of existing sales data. The primary research involves a survey of 30 consumers, revealing satisfaction levels with the product. Secondary research utilizes SWOT analysis and Porter's Five Forces model to evaluate the product's strengths, weaknesses, opportunities, and threats, as well as the competitive market situation. The marketing mix (4Ps) is also examined to understand the effectiveness of the company's strategies. The research concludes that the Face Roller is a successful product that meets consumer needs and demands, with a recommendation for initial market focus in the UK. The report provides detailed analysis of market segments, fluctuations, and opportunities for the new product.
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