&nbsp;SavvY conducted a feasibility study of selling cosmetic gadgets in the UK. While working on the project, the SavvY team conducted a survey analysis, the survey was provided by the client. The research analysis aimed to assess the interest in cosmetic gadgets in the UK, and to identify sales opportunities. Based on the study of trends in the industry, the feasibility of the project was determined. Based on the information received, the team prepared a research results document, that provides information about the potential user profile of the product.

Private Investor

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Feasibility study supports the companies or investors to make informed business decisions through assessing the financial risks and benefits of several business alternatives.Feasibility study provides answers to the following questions:&nbsp;<ul style="list-style-type:disc;"><li style="text-align:justify;">What are the several alternatives to be financially assessed based on the available resources and&nbsp; constraints</li><li style="text-align:justify;">What are the pros and cons for each selected alternative</li><li style="text-align:justify;">What is the financial performance for each selected alternative</li><li style="text-align:justify;">Will the&nbsp;selected alternative&nbsp;result in the preferred return on investment (ROI)</li></ul><img src="/uploads/Slide3_2_8779f0054e.PNG" alt="Feasibility process.PNG">

When you need us

Depending on the project's specific needs,&nbsp;the SavvY team&nbsp;implements a range of research methods, including primary or secondary research. Feasibility study involves the assessment of the alternatives’ feasibility through the financial indicators, macro and micro analysis of the location, market research for major industry assumptions.&nbsp;Additionally, our services include the provision of analytical reports that can equip clients with vital information to mitigate the risk of engaging in ventures without a clear understanding of potential challenges.&nbsp;

Сosmetic gadgets in the UK