Hey all, thanks for dropping in again this week! I'm happy to announce that I have finally finished up my market research this week! With this comes some great and not so great news. I'll start with the good news first! Since I have finished my market research, I am able to somewhat accurately describe the state of the market and the different its different costs, from production to retail to use. I have also calculated the approximate number of solar inverter sales world wide (and within the United States) as well as the approximate energy they collect and amount they cost. Unfortunately, I am not able to discuss these exact digits on this blog; however, they bring me to my conclusion (which I can and will share).
Along with my conclusion, comes the aforementioned bad news. Since the market is relatively new and continuing to advance (with much room for competitors), it is saturated. Due to this market saturation and excessive competition, selling price is rapidly decreasing while cost of advancement, production, and distribution stay steady. Therefore, I have concluded that Intel should NOT invest nor participate in the current market (as it is a bad idea to join a market while the price is decreasing). Although at first the realization was a bit disheartening, I kept a few thoughts in mind: the research was still necessary and would have eventually been need to be conducted by somebody; secondly, the information I acquired can still be used in years to come as competitors and consumers stay constant; finally, the experience I gained from doing hands on research is a prize in itself, regardless of if the conclusion was undesirable.
That's about it for this week! Thanks again and stop by next week for my wrap up/summary!
Signing off
Kayvon Tadj
Sad to hear that Intel shouldn't enter the market, but knowing that is extremely useful to the company as well. If the price steadies will it be feasible for Intel to enter the market.
ReplyDeleteEven if in the end, the answer was that they shouldn't, it still sounds like you found important data for them.
ReplyDeleteI can imagine that although your results were disappointing, imagine how much money you could have potentially saved Intel from not going into the market! Where do you see the future research going?
ReplyDeleteThats unfortunate, but at least you got some experience and learned new things!
ReplyDeleteThis sounds so cool! Sorry to hear about the outcome of your research but at least you learned a lot. So, why cant Intel just buy company that makes these or works with these products?
ReplyDeleteThis sounds so cool!! Sorry to hear about your results, but how many people can say they saved a big-time corporation from a terrible investment!!
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