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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