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There are 6 modules in this course
This course, "Market Analysis," provides a comprehensive guide to developing a business case through market segmentation, identifying beachhead markets, and calculating total addressable market (TAM). You will also define your product, analyze value propositions, understand the competitive landscape, and learn strategies for customer acquisition and partnership development.
What's included
3 videos
Show info about module content
3 videos•Total 15 minutes
Introduction to Information Technology Entrepreneurship & Startup•8 minutes
Personal Introduction•4 minutes
Course Overview•3 minutes
Module 1: Identifying Market Segments
Module 2•3 hours to complete
Module details
In this module, you will learn how to systematically develop a business case by identifying and segmenting your target market. You will explore the concept of market segmentation, find a beachhead market, and calculate the total addressable market (TAM). Additionally, you will create detailed end-user personas to better understand your target audience.
What's included
10 videos2 assignments
Show info about module content
10 videos•Total 70 minutes
Module 1 Overview•3 minutes
What is Market Segmentation?•9 minutes
How to do Market Segmentation?•7 minutes
An Example of Market Segmentation•9 minutes
What is a Beachhead Market?•4 minutes
Identifying a Beachhead Market•7 minutes
An Example of Beachhead Market Selection•8 minutes
TAM, SAM & SOM•6 minutes
An Example of Calculating TAM•10 minutes
Build an End-user Persona•8 minutes
2 assignments•Total 120 minutes
Practice Exam•60 minutes
Graded Exam•60 minutes
Module 2: Defining the Product
Module 3•3 hours to complete
Module details
In this module, you will learn how to define and disseminate your product effectively. You will explore the life cycle use case, from customer discovery and usage to engagement. Additionally, you will delve into product specification, creating a product brochure, and designing and hosting a company website to ensure your product reaches and resonates with your target audience.
What's included
9 videos2 assignments
Show info about module content
9 videos•Total 44 minutes
Module 2 Overview•1 minute
Discovery by Customers•8 minutes
Use by Customers•7 minutes
Engagement by Customers•6 minutes
Product Specification•6 minutes
Product Brochure - Part 1•6 minutes
Product Brochure - Part 2•3 minutes
Designing a Company Website•5 minutes
Hosting a Company Website•4 minutes
2 assignments•Total 120 minutes
Practice Exam•60 minutes
Graded Exam•60 minutes
Module 3: Value Proposition
Module 4•3 hours to complete
Module details
In this module, you will analyze the value proposition of your product or service, identifying for whom value is created and examining key activities to realize this value. You will also identify core and non-core strengths that differentiate your offering. Additionally, you will analyze the competitive landscape to understand your position in the market and learn from examples of competitive landscape analysis.
What's included
8 videos2 assignments
Show info about module content
8 videos•Total 45 minutes
Module 3 Overview•2 minutes
For Whom is Value Created?•6 minutes
Value Proposition Examples•4 minutes
Key Activities for Realizing Value Proposition•5 minutes
Examples of Core Strengths•9 minutes
Other Types of Non-core Strengths•5 minutes
Analyzing Competitive Position•5 minutes
Examples of Competitive Landscape Analysis•8 minutes
2 assignments•Total 120 minutes
Practice Exam•60 minutes
Graded Exam•60 minutes
Module 4: Finding Customers & Partners
Module 5•3 hours to complete
Module details
In this module, you will learn how to identify key players in the customer acquisition process, including decision makers and examples of their roles. You will explore strategies for influencing customer acquisition by identifying opportunities, stimulating demand, and understanding the sales process and distribution channels. Additionally, you will identify key partners, suppliers, and resources, and complete the Business Model Canvas (BMC) to solidify your business strategy. The module concludes with a comprehensive course recap.
What's included
9 videos1 reading2 assignments
Show info about module content
9 videos•Total 52 minutes
Module 4 Overview•2 minutes
Who is the Decision Maker?•8 minutes
Examples of Decision Makers•5 minutes
Identifying Opportunities•7 minutes
Stimulating Customer Demand•5 minutes
The Sales Process Map & Distribution Channels•7 minutes
Who Are Key Partners?•5 minutes
Key Suppliers and Resources•7 minutes
Course Recap•6 minutes
1 reading
Reference Books for Additional Reading•0 minutes
2 assignments•Total 120 minutes
Practice Exam•60 minutes
Graded Exam•60 minutes
Explore the Carlson School of Management's Management of Information Systems (MIS) Research Center
Module 6•10 minutes to complete
Module details
What's included
1 reading
Show info about module content
1 reading•Total 10 minutes
Carlson School of Management: Management of Information Systems (MIS) Research Center•10 minutes
Earn a career certificate
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The University of Minnesota is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation’s most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.
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To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.