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2018 Eunoia

The Fundamentals of Marketing:
Learn Analytical Methods!

                                                                                                Su-bin Park

                  Do you know what programs are most essential for entering the department of
                 business administration? They are enterprise analysis software systems. Enterprise
                 analysis can be done simply, but it is much better to use as a formal framework as
                 possible. Today, let’s learn these method for analysis. Most marketing analysis uses
                 SWOT analysis, 4P analysis, and STP analysis.
                  First, let’s look at SWOT analysis. SWOT is an abbreviation1) of strength, weakness,
                 opportunity, and threat and divides items into these categories. For example,
                 when Korean food companies enter the UK, the strengths are increasing interest
                 in Korean culture and increase demand through this interest. The weakness is
                 the lack of information needed to compete with existing companies' demand.
                 The opportunities are increasing interest to Korea, and the threat is the entry of
                 many other Korean companies. This is one of the most commonly used marketing
                 methods for thinking and analyzing various marketing strategies.

                                        SWOT Analysis Example - Baskin Robbins

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1) abbreviation : 약자

                                                                                17MYEONG-SHIN GIRLS' HIGH SCHOOL
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