Articles
Custom Writing Services - Market Overview
by John Smith LearnerThe market for custom writing
services is an industry in the e-commerce industry. Specialized writing
services are subject to a fee.
Market size
The exact size of the market for
custom writing services is unknown, although estimates can be made. The number
of competitors in the market is close to 200. About 30 percent of the companies
in the industry have an annual turnover of about $ 120,000, while the remaining
70 percent have almost doubled their annual sales. The total market size is
estimated at USD 10,800,000 per year. The size of the market in relation to the
economy is not yet known.
Division
Fragmentation is the process of
dividing certain heterogeneous sub-markets into a given market. Markets There
are many sub-markets with similar objectives.
In the relevant market,
segmentation is explained as follows. Companies operating in the market can be
divided according to the differences in specialization into the following
categories: (a) company-oriented companies; B) specially managed companies.
Usually oriented companies are those who prepare specially written articles on
various topics. Typically, these organizations employ writers from a variety of
disciplines, or simply those who are able to perform at an appropriate level in
one or more areas. Companies that are responsible for another regulatory
category usually operate in a narrow system. There are companies on the market
that offer articles written specifically for math, physics, sociology, African
Americans, William Shakespeare, Charlotte Broncere and others.
Other products and services
offered by the industry include proofreading, editing and pre-prepared
documents.
It should be noted that there are
companies on the market that offer written and pre-customized documents.
However, does this perhaps have nothing to do with a breach of ethics, but with
the privacy of students who previously requested a specially written article
that could later be revoked by another student?
Speed of development
The market growth rate changes
over time. Thus, in 2000, there were about 25-30 companies producing custom
written / written articles, articles, case studies and other types of research.
In five years, the number of companies in the market has grown to about two
hundred.
The market grew rapidly in
2003-2004, when prices suddenly changed. The number of companies in the market
has increased by about 30 percent and is now around 80. This increase is due to
the trend in many developing countries, such as India, Ukraine, Poland and
other developing countries, to develop new e-commerce solutions for business
groups. Companies in these countries have started to provide similar services
with fewer services than in the United States, Canada or Australia. For pricing
policy, see Pricing.
Today, the market growth rate is
rather low, as the market is full of a variety of services provided by market
participants.
Geographical distribution of services
It is worth noting that the
market under study is a subset of the e-commerce industry. This leads to the
conclusion that the products or services produced by the producers are
intangible and intangible. This is particularly the case in the market for custom writing
services, offering customers intangible products that are mainly delivered to
them by e-mail.
It should be clear that if no
company maintains its head office / reserved office, it operates worldwide.
The only principle governing the
geographical distribution of written works on demand is the linguistic link.
Major countries using the service: United States, Canada, Australia, United
Kingdom and some European and Asian countries.
Seasonal nature of the market
The other side of the market is
seasonal. The seasonal nature of the market is examined. As the services
provided by market participants are tailored to the needs of students only
throughout the school year, the active sales season roughly coincides with the
school year. The first half of September is reimbursed - usually several weeks
in June.
This market season explains price
volatility. It has been observed that service prices increase throughout the
year, with a peak in December - January and April - May. During the summer
season, it drops dramatically.
Customer
Clients
of online services, such as custom writing services, are typically high school,
college, and university students between the ages of 16 and 25. Due to the
relatively low market prices, the target group in the market covers the
so-called middle class and above.
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About John Smith 
Learner
148 connections, 8 recommendations, 645 honor points.Joined APSense since, February 15th, 2018, From New York, United States.
Created on Jul 23rd 2020 14:06. Viewed 490 times.
