Experience Counts
Checklist #7


More checklists, white papers, in
Experience Counts Newsletter Page 1

 
PEST Brainstorming Guide

Political. Economic, Social & Technological
(PEST measures market attractiveness)

  Political

  • Ecological and environmental issues

  • Current legislation home market

  • Future legislation

  • North American and international legislation

  • Regulatory bodies and processes

  • Government policies

  • Government term and change

  • Trading policies

  • Funding, grants and initiatives

  • Home market lobbying and pressure groups

  • International pressure groups

  • Wars and conflict

  Economic

  • Home economy situation

  • Home economy trends

  • Overseas economies and trends

  • General taxation issues

  • Taxation specific to product & services

  • Seasonality and weather issues

  • Market and trade cycles

  • Specific industry factors

  • Market routes and distribution trends

  • Customer and end-user drivers

  • Interest and exchange rates

  • International trade and monetary issues

  Social

  • Lifestyle trends

  • Demographics

  • Consumer attitudes and opinions

  • Media views

  • Law changes affecting social factors

  • Brand, company, technology image

  • Consumer buying patterns

  • Fashion and role models

  • Major events and influences

  • Buying access and trends

  • Ethnic/religious factors

  • Advertising and publicity

  • Ethical issues

  Technological

  • Competing technology development

  • Research funding

  • Associated and dependent technologies

  • Replacement technology and solutions

  • Maturity of technology

  • Manufacturing maturity and capacity

  • Information and communications

  • Consumer buying mechanisms and technology

  • Technology legislation

  • Innovation potential

  • Technology access, licensing, patents

  • Intellectual property issues

  • Global communications

 

Brian Harrison Smith's PEST Brainstorming Guide is based on materials originally published at www.businessballs.com This is a web site packed with useful information for business people, and we recommend a visit.

May 2007