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Analysis of target market&competitors&substitutes of folding beds in Germany
1. SPRINT 1 “TARGET
AUDIENCE ANALYSIS”
GOAL 1: TARGET AUDIENCE
GROUPS AND THEIR
FEATURES
GERMANY
Team 1
Daria Bezkorovaina
Eugene Volyk
Maria Korzhenko
Olha Lapii
2. MACROECONOMIC INDICATORS
Total GDP (PPP) - $3.338 trillion (2014)
GDP per capita - $41.248 (2014)
CPI – 107.0 (Sep/14)
Inflation – 0.8 (Sep/14)
Unemployment – 4.9 (Aug/14)
Average salary per month – 2824 EUR (Q3 2013)
3. PURPOSES OF USE OF BEDCHAIRS
camping
fishing/hunting
country houses, gardens (for leisure)
as a spare sleeping place
6. TARGET AUDIENCE IN GERMANY
DEPENDING ON PURPOSE OF
USAGE:
Camping, fishing/hunting: man and woman aged
20-40, married or not, with average level of
income (2000-4000 EUR per month) who prefer
active style of life; fishermen and young travelers
Leisure & Rest (country houses, gardens), as a
spare sleeping place: man and women aged 18-
45 (if used in the garden – may be also retired),
both low and average level of income (1000-3000
EUR), people who have small apartments or
country houses
7.
8.
9.
10.
11.
12. COMPETITORS: PRICE RANGE
Maximum
315, 45
price, EUR
Minimum
price, EUR
17,95
Average price,
EUR
130,16
14. PRODUCTS-SUBSTITUTES
1) Camping, fishing/hunting:
sleeping-bag
sleeping pad
air bed
2) Country houses, gardens (for leisure):
chaise longue
air bed
hammock
3) As a spare sleeping place:
air bed
chair-bed
guest mattress
24. SUBSTITUTES (CAMPING & FISHING; SPARE
SLEEPING PLACE; LEISURE&REST):
DISTRIBUTION OF AIR BEDS BY PRICE, %
25. COMPARISON OF AVERAGE PRICES
FOR SUBSTITUTES AND BEDCHAIRS
IN GERMANY
Title Average price,
EUR
Bedchair 130,16
Hammock 77,41
Air bed 69,23
Guest mattress 148,11
Sleeping bag 94,76
Chaise lounge 78,79