Business Strategy

Market Analysis: Understanding Demand, Competition, and Opportunity

A practical guide to evaluating markets, sizing demand, and making evidence-based business decisions with Professor Charles Knight

Market Analysis: Understanding Demand, Competition, and Opportunity logo
Quick Course Facts
15
Self-paced, Online, Lessons
15
Videos and/or Narrated Presentations
4.9
Approximate Hours of Course Media
About the Market Analysis: Understanding Demand, Competition, and Opportunity Course

Market Analysis: Understanding Demand, Competition, and Opportunity is a practical Business course that teaches you how to evaluate markets with clarity and confidence. Guided by Professor Charles Knight, you’ll learn how to gather evidence, assess demand, and make smarter decisions that support stronger strategy and growth.

Build Market Analysis Skills For Better Business Decisions

  • A practical guide to evaluating markets, sizing demand, and making evidence-based business decisions with Professor Charles Knight
  • Learn how to identify customer segments, buying behaviour, and the real drivers behind market demand
  • Develop a structured approach to Market Analysis using both secondary research and primary research methods
  • Assess competition, pricing, market risks, and opportunity so you can prioritise the most promising targets

A practical guide to evaluating markets, sizing demand, and making evidence-based business decisions with Professor Charles Knight.

This course gives you a complete framework for understanding market opportunity from the ground up. You’ll begin with the foundations of Market Analysis, learning how to define the market, shape the research question, and focus your Business thinking on the questions that matter most.

From there, the course moves into demand analysis, where you’ll explore customer segments, needs, buying behaviour, and decision drivers. You’ll also learn how to use secondary research sources effectively and design primary research that generates useful insight for real-world Business planning.

As you progress, you’ll estimate market size and growth potential, analyse trends and external forces, and map the competitive landscape with greater precision. The course also covers pricing, value, willingness to pay, entry barriers, and market risks, helping you judge whether an opportunity is attractive and sustainable.

Finally, you’ll learn how to segment the market, prioritise targets, and turn findings into strategic recommendations that stakeholders can understand and act on. By the end of this course, you’ll think more strategically, communicate more clearly, and make evidence-based Business decisions with greater confidence.

Course Lessons

Full lesson breakdown

Lessons are organized by topic area and each includes descriptive copy for search visibility and student clarity.

Foundations

2 lessons

Market analysis is the disciplined process of understanding a market before you commit time, money, or strategy. It helps you answer three core questions: is there real demand, how strong is the compe…

Lesson 2: Defining the Market and Research Question

18 min
This lesson sets the foundation for market analysis by defining exactly what market you are studying and what question you are trying to answer . Before you can measure demand, compare competitors, or…

Demand Analysis

2 lessons

Lesson 3: Understanding Customer Segments and Needs

20 min
This lesson explains how to identify customer segments and understand the different needs that drive demand inside a market. You will learn how to group buyers by meaningful characteristics, distingui…

Lesson 4: Evaluating Buying Behaviour and Decision Drivers

18 min
This lesson shows how to interpret buying behaviour and the decision drivers behind customer demand. Rather than treating demand as a single number, you will learn how to identify who buys, why they b…

Research Methods

2 lessons

Lesson 5: Using Secondary Research Sources Effectively

20 min
This lesson explains how to use secondary research sources to build a reliable market view without starting from scratch. You will learn how to find relevant sources, judge their credibility, extract …

Lesson 6: Designing Primary Research for Market Insight

20 min
This lesson shows how to design primary research that produces useful market insight, not just interesting data. Professor Charles Knight explains how to choose the right research method, define what …

Market Opportunity

2 lessons

Lesson 7: Estimating Market Size and Growth Potential

22 min
This lesson shows how to estimate market size and judge growth potential using practical, evidence-based methods. You will learn the difference between the total market, the realistic serviceable mark…

Lesson 8: Analysing Market Trends and External Forces

20 min
This lesson shows how to interpret market trends and the external forces shaping demand, competition, and opportunity. Learners will identify the difference between short-term noise and meaningful shi…

Competition

2 lessons

Lesson 9: Mapping the Competitive Landscape

20 min
This lesson shows how to map a market’s competitive landscape so you can understand who customers can choose from, how competitors differ, and where the real pressure points are. You’ll learn to ident…

Lesson 10: Assessing Competitor Strengths, Weaknesses, and Positioning

20 min
This lesson shows how to assess competitors in a way that is useful for market decisions, not just descriptive research. You will learn how to identify direct and indirect competitors, compare their s…

Commercial Analysis

2 lessons

Lesson 11: Understanding Pricing, Value, and Willingness to Pay

20 min
This lesson explains how price, value, and willingness to pay work together in commercial analysis. You will learn why price is not the same as value, how customers decide what something is worth to t…

Lesson 12: Evaluating Entry Barriers and Market Risks

18 min
This lesson shows how to judge whether a market is worth entering by looking at entry barriers and market risks . You will learn how to identify the obstacles that protect incumbents, estimate how har…

Strategy

2 lessons

Lesson 13: Segmenting the Market and Prioritising Targets

20 min
This lesson explains how to break a market into meaningful segments and decide which ones deserve attention first. You will learn how to use segmentation criteria that matter in practice, compare segm…

Lesson 14: Turning Market Findings into Strategic Recommendations

20 min
This lesson shows how to turn market analysis into decisions you can actually use. You will learn how to connect demand signals, competitor evidence, and market gaps to a clear strategic recommendatio…

Communication

1 lesson

Lesson 15: Presenting Market Analysis Clearly to Stakeholders

18 min
This lesson explains how to present market analysis in a way stakeholders can actually use. The focus is on turning research, assumptions, and data into a clear decision narrative: what was studied, w…
About Your Instructor
Professor Charles Knight

Professor Charles Knight

Professor Charles Knight guides this AI-built Virversity course with a clear, practical teaching style.