Market identification Custom writing services market is a sector with the e-commerce industry. Custom writing services are fee-based. Marketplace size The precise size of the custom writers services market is mysterious, though some rough estimate could be made. The number of challengers in the market approaches nearly 200. It is also known that all around
Custom writing services market is a sector with the e-commerce industry. Custom writing services are fee-based.
The precise size of the custom writers services market is mysterious, though some rough estimate could be made. The number of challengers in the market approaches nearly 200. It is also known that all around 30 percent of organizations in the industry have annual turnover amounting to $120, 000 approximately, whereas other 70 percent include almost twice as low annual turnover. Total market size is estimated at $10, 800, 000 annually. The size of the industry in relation to the economy is yet unknown.
Segmentation is a process of allocation of particular homogeneous sub-markets within a heterogeneous market. A market is a multitude of sub-markets that have similar fin.
In the case with the market concerned, segmentation is interpreted as follows. Companies that operate within the market could be divided based on specialization differences into such categories: (a) generally-oriented corporations; (b) particularly-oriented companies. Generally-oriented companies are those that produce custom-written papers on a wide variety of topics. As a rule, such organizations get writers representing different specialties or simply those able to do on appropriate level in one or several fields. Corporations ascribed to another organizational category usually operate within a narrower framework. In the market there are companies that offer custom-written papers entirely on math, physics, sociology, the African-Americans, William Shakespeare, Charlotte Bronte, etc .
Other products and services offered by the industry representatives include things like proofreading and editing services, and pre-written papers.
It can be noteworthy that there are companies in the market that offer both custom-written in addition to pre-written papers. This, however , may have nothing to do having violation of ethics, but what about privacy of those learners who previously ordered a custom-written paper, which might have already been later re-sold to another student?
Growth rates of the market are varying over the time. Thus, with 2000 there were nearly 25-30 companies offering custom-written/pre-written essays, term papers, cases studies, and other types of research forms. Over the 5-year period the number of companies in the market grew up to help nearly two hundreds.
The leap in growth prices of the market is noticed to take place in 2003-2004 when immediate change in pricing occurred. The number of companies in the market increased pretty much 30 percent and now estimates around 80 companies. This soar was probably caused by the tendency towards ecommerce solutions staying new to hoards of entrepreneurs in a number of developing countries including India, Ukraine, Poland and other countries. Companies headquartered in these countries began offering similar services but with lower rates as compared to those located in the U. S., Canada, as well as Australia. More on pricing policies see in Pricing.
Currently, market’s growth speed is rather low as the market is full fledged due to a variety of services offered by market participants.
Geographical circulation of services
It is worth mentioning that the researched market is a neighborhood of ecommerce industry. This gives ground to conclude that often products or services produced by industry’s parties are of intangible identity rather than of tangible. This especially concerns custom producing services market, which offers its customers intangible products transported to them mostly via email.
It should be clear that no matter certainly where an company holds its general/backup office, it operates across the world.
The only principle that regulates geographical distribution of custom-written papers is linguistic attachment. Among major countries while using the service are: the United States of America, Canada, Australia, Britain, and some European and Asian countries.