Login

Post on Medial

Hemant Prajapati

 • 

Techsaga Corporations • 2m

👉 Follow || Bookmark 🔖 || Comment your thoughts 💭|| ------- . Conducting market research is essential for startup founders, but it can be hard with limited time and resources. A rapid PEST analysis can help simplify this process. What is PEST? PEST stands for Political, Economic, Sociocultural, and Technological factors that affect your business. Spending a couple of hours brainstorming in each category can provide valuable insights. Here are the key takeaways from my quick PEST analysis for my latest startup: Political: • ⚖️ Upcoming policy changes could affect our industry. • We have a chance to advocate for our interests early on 👨‍💼. Economic: • 📉 A slowdown is expected, but consumers still want convenience. • We can meet their needs affordably during tough times 💰. Sociocultural: • 🌍 There’s a growing trend toward supporting socially-conscious companies. • We can showcase our positive environmental impact and community partnerships 🤝. Technological: • 🖥️ Competitors are focusing on flashy new features and ignoring the basics. • Our simple user experience could stand out as refreshing 💡. This quick analysis may not reveal everything, but it gives us a solid starting point. Having some insights is definitely better than going in blind!

3 replies10 likes
4
Replies (3)

More like this

Recommendations from Medial

Image Description

Umesh Y

Stealth • 7m

Identify potential risks & opportunities before they become too big of a problem. Take proactive measures than reactive ones regarding management decisions in a business. Learn PEST analysis, and conduct on your business. Raise your hand if you hav

See More
1 replies6 likes
2
Anonymous
Image Description
Image Description

Anonymous

Stealth • 6m

Does magnetic field line of earth affect our blood circulation... I was watching a podcast where a man was telling that by sleeping with our feets toward south can affect our blood circulation and can cause serious damage to us... I tried researching

See More
2 replies3 likes
Image Description
Image Description

Anmol Pandhi

Stealth • 8m

What's y'all opinions on political relations for businesses. I think they absolutely matter and can greatly affect how high you go in the market against the competition

4 replies10 likes
Image Description
Image Description

Uttkarsh Singh

Stealth • 2m

Such a great analysis by Ken on Quick commerce and people are getting addicted towards it, Quick commerce and AI will change humans forever and this change won't be drastic but it will be gradually exponential.

10 replies54 likes
16

Mr Z

Stealth • 3m

Top 7 Business Frameworks for Success: 1. SWOT Analysis: Assess strengths, weaknesses, opportunities, and threats to strategize effectively. 2. PESTLE Analysis: Examine political, economic, social, technological, legal, and environmental factors im

See More
0 replies4 likes
Image Description

Inactive

Stealth • 4m

Direct Investment from Foreign Vs Portfolio Investment ➩ FDI: Long-term growth through infrastructure and jobs. ➩ FPI: Quick capital inflows but volatile. ➩ FDI: Strengthens economic foundations. ➩ FPI: Boosts market liquidity but can be fickle.

See More
1 replies13 likes
2
Image Description

Sourav Kumar Sahoo

 • 

AMIGOS ESPORTS • 7m

A quick question Where can I watch piranha all movies Link please

1 replies3 likes

Muttu Havalagi

Stealth • 2m

Did youKnow?💡 Along with economic prosperity, we need a strong military. Our government is working on mission mode to ensure that our soldiers possess top-quality weapons and platforms made on Indian soil, the defence minister said.

0 replies3 likes
Image Description
Image Description

Aakash kashyap

Stealth • 17d

# ROAST MY IDEA 🤧 AgriSense is an AI-powered mobile platform that helps farmers monitor soil health, track crop growth, and optimize water usage through smart sensors and satellite imagery. With AgriSense, farmers can receive real-time insights, ge

See More
14 replies22 likes
8

Mayank Pandey

Stealth • 2m

📊 Help Us with Market Research! 📊 We’re conducting a brief market research survey to gather valuable insights for an upcoming project. Your feedback will help us better understand the market and improve our offering. 👉 Have 2 minutes? Please sha

See More
0 replies5 likes
1

Download the medial app to read full posts, comements and news.