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| Step | Description | |------|-------------| | | Utilised Euromonitor, Statista, IDC, and proprietary sales data; triangulated with consumer surveys (n = 3,200). | | 5.2 Competitive Benchmarking | Applied Porter’s Five Forces; compiled feature‑by‑feature matrix for top 8 rivals. | | 5.3 Technical Review | Conducted architecture walkthrough with engineering leads; used COCOMO II for effort estimation. | | 5.4 Financial Modeling | Built a 5‑year DCF model in Excel; scenario analysis (base, upside, downside). | | 5.5 Risk Analysis | Developed a risk heat map (probability × impact) and assigned owners. | | 5.6 Legal Scan | Engaged external counsel for IP, data‑privacy, and consumer‑law checks in target jurisdictions. | scenario analysis (base