The one who knows himself and the enemies - in 100 fights will gain 100 victories. (Ancient Chinese proverb)
We carry out marketing researches on Business-to-Business (B2B) markets, where final consumers of products and services are represented by companies and organizations. Market research is the base for development of sales, promotion and distributions strategy. The structure of each marketing research is determined by its purpose and supposes the receiving of answers to the following questions.
Main market indices
- market volume and structure
- brands and market makers
- factors influencing sales and pricing
- market geography and segmentation
- market tendencies and forecasts
Conditions of competitors
- direct and indirect competitors
- possibility of appearance of new competitors
- products of competitors
- possibility of new substitute products
- sales and price policies of competitors
- promotion and distribution strategies of competitors
Market characteristics
- description of the established distribution scheme in the chosen market segment
- main parameters of product/sales appeal
- legislation, taxes, certification and restrictions in the chosen market segment
- established logistics and transportation costs
The important part of marketing research may be database of competitors, main market players, potential partners and buyers, dealers, retailers, big corporative customers etc.
In our marketing researched we use various advanced methods of gathering and analysis of information on the B2B markets.
Gatthering source information
At the first stage of the marketing research we gather source information – i.e. directly from the market players. We use several methods:
- Desk researches: information search on the Internet, sending the inquiries via e-mail, telephone interviews of the market players, etc.;
- Field researches: gall-up poll of target group of consumers, studying the offers at the exhibitions, negotiations with participants of the market, who's activity influences the project.
Gathering secondary information
Gathering secondary information is the data collection from secondary information sources. The data from news agencies, news and analytical web-sites, as well as from the specialized editions in Chinese, English, Russian, German and French languages are gathered and analyzed.
Expert judgments
In the context of each project we cooperate with the Chinese and Russian experts in the investigated field – managers, businessmen, officials and technical specialists. Their knowledge and experience help us to get clearer view of the market, market players, established schemes and specific features.
Information analysis
To analyse the received information we use advanced methods (some of them are our know-how):
- factor analysis of demand
- value analysis of supply
- cross-sectional analysis of information for different sources
- comprehensive analysis of objectivity of masse media texts.
Results
Marketing research allows us the receive exact data, that most completely describes the chosen segment of the market. On the basis of received data we develop marketing strategy of positioning, promotion of products/services as well as sales promotion strategy etc.