Infographics

How often does this business analyse its target markets?

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Just 28% of businesses in the assessment analysed their local markets. Given the size of the local markets to SME businesses, this may indicate a low perceived value in local analysis or a lack of access to this information and effective tools to carry analysis out.
Almost half of business owners analyse their nation-wide and Australian markets.

We have been doing some further analysis of the Business Assessment Qestionnaire responses. This question was aimed at getting an estimate of the percentages of the business revenue currently obtained from the the local area NZ market, the nationwide NZ market, the Australian market and the rest of the world.

Business revenues were dominated in influence by their local areas. 69% of business owners get more than 75% of their revenue from local markets.
Few business owners have a significant share of earnings from international markets. But many have some level of export. 18% of respondents indicated a business with some export revenue (i.e. >0%) but many responses were in the 1-5% range.

This is what the picture looks like ... interesting.

INFOGRAPHIC on the world powers in INNOVATION ... New Zealand features well for its size ... compare the US and Canada.

+ look at the infographic

An interesting and very Informative interactive infographic done by Newsweek.

Covers education, health, economics, quality of life, politics and other key data ... Take a look