Customer Profile and Target Market Analysis Sample Clauses

Customer Profile and Target Market Analysis. In regards to the distribution business, there are more than 1,000,000 active contracting and construction related businesses in the United States that could become potential buyers of the Titan Roof Tiles product line. Management has outlined the “average” demographics of customers that will continually purchase Titan Roof Tiles from the business: • Annual revenues of $500,000 to $50,000,000 per year • Operates as a roofing contractor, home builder, general contractor, home remodeler, or green focused builder within the United States • Will spend $10,000 to $200,000 per month with the business. Market Analysis Year 1 Year 2 Year 3 Year 4 Year 5 Potential Customers Growth CAGR Single-family housing construction 4% 218,276 227,007 236,087 245,530 255,351 4.00% Other residential construction 3% 25,201 25,957 26,736 27,538 28,364 3.00% Non residential construction 2% 44,505 45,395 46,303 47,229 48,174 2.00% Total 3.61% 287,982 298,359 309,126 320,297 331,889 3.61%
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