SayPro Market Research Report

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A detailed study of competitor pricing strategies, customer trends, and market demand, which should guide the pricing decisions

SayPro Documents Required from Employees

Market Research Report

Integrated with SCMR-1 (January) and SayPro Quarterly Costing and Pricing Strategies


📘 Purpose:

The Market Research Report is a critical document submitted by the Marketing, Sales, and Strategic Planning teams. Its primary function is to provide a detailed, evidence-based understanding of the external market landscape—including competitor pricing, customer trends, and market demand—to support informed pricing, cost control, and strategic decision-making.

This report complements the SCMR-1: SayPro Monthly Costing Report and is foundational in developing and justifying strategies outlined in the Quarterly Costing and Pricing Report.


📄 1. Key Components of the Market Research Report

🔍 1.1 Competitor Pricing Strategies

A deep dive into how competitors are pricing similar products or services.

Required Information:

  • List of Key Competitors (minimum 5 for each product/service category)
  • Product/Service Comparison Table
    • Name & Description
    • Price Points (Retail, Wholesale, Discount Tiers)
    • Bundle or Package Pricing
    • Subscription/Service Models
  • Promotional Activities:
    • Discounts
    • Seasonal Offers
    • Loyalty Programs
  • Perceived Value vs. Actual Price (based on customer reviews/testimonials)

Source Requirements:

  • Competitor websites
  • Customer reviews
  • Online marketplaces (e.g., Amazon, Takealot, etc.)
  • Trade publications

📈 1.2 Customer Trends and Behavior

Analysis of customer preferences, spending habits, and decision drivers.

Required Information:

  • Demographic Breakdown:
    • Age, Location, Income, Occupation
  • Buying Patterns:
    • Average spend per transaction
    • Purchase frequency
    • Product/service bundling preference
  • Feedback Summary:
    • Common customer complaints
    • Desired features or improvements
  • Survey and Poll Results (if available)

Methods:

  • SayPro customer surveys
  • CRM & sales data
  • Social media sentiment analysis
  • Interviews or focus group insights (if applicable)

📊 1.3 Market Demand Analysis

Understanding the current and projected demand for SayPro’s offerings.

Required Information:

  • Current Market Size & Growth Rate
  • Demand Fluctuation Factors (seasonality, economic changes, etc.)
  • Emerging Markets or Niches
  • Product/Service Lifecycle Positioning
  • Market Share Estimates

Sources:

  • Industry reports (e.g., Statista, IBISWorld, local bureaus)
  • Internal sales data comparison (month-on-month or year-on-year)
  • Government or NGO statistics (if relevant)

🧩 2. Alignment with SCMR-1 and Quarterly Pricing Strategies

📅 2.1 Monthly Integration with SCMR-1 (January):

Each Market Research Report should:

  • Be submitted alongside the SCMR-1
  • Include a “Pricing Sensitivity Feedback” section:
    • Indicate whether customers are price-sensitive or value-driven
    • Provide evidence of impact of pricing changes (positive or negative)
  • Recommend monthly pricing adjustments or trials based on research

📆 2.2 Input for SayPro Quarterly Costing and Pricing Strategies:

The quarterly strategic report uses market research to:

  • Justify any planned price increases/decreases
  • Support new product/service introductions or discontinuations
  • Back decisions on targeting new customer segments
  • Forecast revenue impacts from market shifts

Employee Submission Checklist

DocumentResponsibleFormatDue Date
Market Research ReportMarketing Analyst / Strategy TeamPDF or Word5th of each month
Competitor Pricing TableSales Intelligence OfficerExcel or Table in ReportMonthly
Customer Trends SummaryCRM & Digital MarketingPDF with ChartsMonthly
Demand Forecast ChartsMarket AnalystExcel + GraphsQuarterly
Supporting Links & ReferencesResearch TeamEmbedded or AppendixOngoing

📥 Submission Protocol

All Market Research Reports must be uploaded to the SayPro Internal Research Drive:
Documents > MarketResearch > [Month/Quarter] > [Department]

Reports should be labeled using the naming convention:
MarketResearch_SCMR1_Jan2025_[DeptInitials].pdf

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