| As companies carefully
plot strategy in today's increasingly competitive and cost-conscious environment,
Managers are realizing that they need a more thorough understanding of
the forces influencing their business in order to make sound decisions.
Marketing Intelligence is the systematic gathering and interpretation
of information about the market place, which, when put into proper perspective,
generates the insights that lead to better decisions.
Marketing Intelligence identifies the competitive forces at play,
the key variables for success, major opportunities for growth, and the
strategies and tactics that need to be implemented in order to achieve
profitable growth.
In the past, we relied on market research, which by contrast is heavily
numbers-oriented, and by nature historical. Today people don't want
to take past trends and extrapolate them along a straight line. They
want to understand the driving forces - the interpretation and implications
of events taking place in the marketplace.
Marketing Intelligence cancels out bias, neutralizes speculation and
confirms the facts. If you have a problem, Marketing Intelligence will
give you its dimensions: if you have no problems, it will give you an
idea of what your opportunities are.
By accessing customers, competitors, suppliers and government through
print sources, electronic data bases, and expert sources, Marketing
Intelligence provides an overview of the environment in which we operate
today as well as, the one in which we will find ourselves tomorrow.
As traditional markets become more competitive, it becomes increasingly
necessary to identify and exploit specialty niches where, because of
a company's particular strengths and weaknesses, it has a competitive
advantage. Marketing Intelligence helps identify these specialty niches
and defines precisely the scenario within which they can be exploited.
In an age when the only certainty is change, one can never have enough
information about one's market. Managers are frequently too preoccupied
with individual daily situations to have the time to keep abreast of
changes in the marketplace and there is a growing willingness among
them to pay for Marketing Intelligence to guide them and back them in
their decisions.
TYPICAL PROJECTS
I MARKET ANALYSIS
- Market identification
and segmentation
- Determination of size
- Identification of trends,
changes, reasons behind them, how the market is responding, how it
will likely respond in the future
- Identification of pre-qualified
opportunities for immediate new business development
II INDUSTRY ANALYSIS
- The Client Company:
Identification of strengths, weaknesses, what it does best, worst;
analysis of current sales and customer base; determination of competitive
advantage and how well the company is exploiting it in the market
place. Determination of which sales are most profitable and why; which
are least profitable and why.
- The Competitors: Who
the successful growing companies are in the industry, and why they
are growing, what their strengths and weaknesses are and what they
are doing right; future trends that they see impacting the industry
and how they plan to respond; who the losers are and why they are
losing; where they are losing; where the client company fits into
all of this.
- The Customers:
Identification of major customers/prospects in the market-place, what
trends they see taking shape in terms of changing needs, new products/services,
new technology, new applications, changes in the way they do business,
current and future expectations in performance from their suppliers
- The Economic Climate:
Identification of the social, economic and political forces impacting
the marketplace and what they mean in terms of growth opportunities;
identification of the growth segments in the marketplace; which products/market
segments should be introduced/entered, which ones should be abandoned;
general conclusions and future outlook.
III COMPETITIVE ANALYSIS
- General
- History, Organization, Culture
- Relationship with parent
- Management analysis: organization charts, ages and number of years
of service of key decision makers, management styles, philosophies,
ethics, business approach, marketing savvy, sales strength, technical
expertise, aggressiveness
- Accounting, finance
and administration
- Current financial information (if available) including current results,
cash
flow, indebtedness, credit worthiness, etc.
- Accounting practices, policies, procedures
- Details of financial planning (if applicable)
- Details of computerization, nature of hardware, software, current
applications, future plans
- Manufacturing
- Equipment detail, age and condition in each location
- Details of output, economies of scale
- Capacity utilization by plant, number of shifts
- Number of people employed, union status, state of labor relations
- Reputation/philosophy re: quality, delivery, reliability, rush orders
- Details of manufacturing training program
- Capital expenditures being planned and process for approval
- Degree of flexibility to changes in the market
- Industrial engineering capability: approach to products/methods/systems
improvements and involvement of senior management
- Nature of cooperation in developing new products to meet customers
future needs
- Marketing/Sales - Details
of sales volume, % gross profit, % net profit, total and/or geographic
split, product margins (if possible)
- Details of sales organization, selling style, sales training program,
customer service organization (if applicable)
- Current marketing capability and degree to which the total marketing
job is covered
- Strengths and weaknesses, areas of vulnerability
- Current products, markets, market shares by segment (if possible)
relative degree of concentration/diversity, in which phases of their
cycles are current chief products, recent growth rate, vulnerability
to business cycle changes
- Identification of customers: image analysis
- Competitive market trends re: growth, technology, marketing, pricing
- Strategic plan, new business areas, markets planning to enter, business
areas planning to exit: most valued/least valued segments and likely
response to attack
- Parent's long term objectives and impact on subsidiaries (if applicable)
- Conclusions and future outlook - how to compete
RECENT PROJECTS (PDF Format)
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