Industry Profile
When launching a product into a new market,
our clients often need to collect detailed information about competitors
and potential customers.
We often conduct background research and interview
potential customers and industry authorities to collect this information.
We paint a clear picture of what they are dealing with before
they create their marketing or business plan.
Some issues we research include:
- Market size and characteristics.
- Segmentation of market; identify areas of
growth and profitability.
- Consumer buying process and purchase decision
variables.
- List of competitors.
- Competitor's Product characteristics, strengths
and weaknesses.
- Relevant service and support issues.
- Preferred methods of selling.
- Methods of industry promotion (trade shows,
industry publications, sales force structure, etc).
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