Market Analysis for Income-Generating Organizations

Manna Project International
Nashville, TN, USA
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Manna Project International
Nashville, TN, USA

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Posted December 23rd

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Market Analysis for Income-Generating Organizations

Project details

What we need

A market analysis will include the following:

  • Total addressable market - The total amount of revenue that the organization could generate if it acquired every potential vested constituent (customer, client, or member).
  • Cost benefit analysis - A comparison of the total expected costs against the total expected benefits of one or more actions in order to choose the best or most profitable option.
  • Market growth rate - The predicted market growth rate over a predetermined period.
  • Market segmentation - The total addressable market can be segmented along the lines of a variety of factors. A market segmentation includes an analysis of the pros and cons of targeting particular market segments given the market potential, the competitive context, the organization's capabilities, and the ease of reaching those segments.
  • Existing consumer base versus potential market - An analysis of the organization's existing product or service offering including the optimality of the existing customer base and the potential for new target audiences. This includes the identification of relevant market trends.
  • Benchmarks - Metrics for measuring performance, such as membership growth, sales, and individuals served to gauge progress relative to peer organizations.
  • Competitive landscape analysis - The identification of competitors and evaluation of their strategies to determine their strengths and weaknesses relative to those of the Organization's product or service. This analysis will help the Organization to develop a competitive advantage.
  • Distribution Channels - Analysis of the effectiveness of existing marketing and distribution channels and the potential in utilizing new channels.
  • Recommendations on how to act on the results from the market analysis.
    What we have in place
    How this will help
    This project will save us $7,000 , allowing us to

    Project plan

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    About the org

    Manna Project International
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    Posted by
    Zak S.

    Volunteer manager

    Our mission

    To foster communities of young adults and encourage them to use their passions and education in service to communities in need.

    What we do

    Manna Project International (MPI) is a 501(c)(3) non-profit that utilizes the passions and energy of young people to empower developing international communities through hands-on learning and service.

    Our model is a collaborative community-based approach to development. By working within and alongside communities, our volunteers strive to promote each community’s success while simultaneously learning from them. Our approach stresses holistic development, recognizing that the challenges facing these communities are multi-faceted. These challenges must therefore be addressed through a variety of disciplines, as well as a combination of direct service, local leadership, and broader policy change.

    We have international sites in Nicaragua, Ecuador, and Guatemala, as well as domestic sites at a variety of universities throughout the United States.

    Testimonials

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