PriorThai successfully entered the German Market with the help of Consultinghouse's Market Evaluation & Market...Read More
The key to gaining a competitive advantage lies in having an in-depth understanding of the target audience, competitors, and the market. SunTec Data, as part of market research services, strives to do the same, providing you with relevant information about market, industry trends, competitors' strategies, and innovations in the marketplace, among other things, thus helping you formulate effective marketing strategies, make informed decisions, and reach out to your prospective clients far and wide.
Right from employing industry-best practices and systematically gathering, recording, and analyzing data to helping you launch a new product / service, set prices, create a business plan, expand into new markets, etc., our experts can do it all. Our market research services encompass peer group development modeling and project evaluation, market assessment, benchmarking, data mining and segmentation, competitor analysis, industry trend forecasting, and a lot more.
We collect and prepare crucial information needed to assess just how competitive your products or services are in the European market by offering a range of detailed market studies.
In this process, we analyze the current market situation in the United States, paying particular attention to information available on the competition, structures in place for distribution and on how to create a demand for specific products or services. This facilitates the ability to specifically assess the marketing and sales opportunities available for your products.
The results of a study will include detailed information pertaining to:
- Market size and market development
- The number of direct competitors, their size, and their places of operation
- Information on potential distribution partners
- Details on how to price products
- Product requirements specific to the US market
One of the basic tools we use for our research is the extensive information available in our databases. We also pool information from associations, government sources and the chamber of commerce networks. The information we acquire aids in building a reliable foundation for a meaningful strategy in introducing products and/or services to the US market.
Once a market study has been completed, we offer additional options as a part of our integrative range of services to facilitate your entry into the market. A large number of our customers choose our Business Partner Referral Services once we have completed a market study or are interested in our Business Representation Services, a service the chamber offers to provide correspondence functions for their company.
Should you have any additional questions you would like to discuss in more detail, it would be our pleasure to schedule a consultation meeting with no further obligation.
Please find further market expansion services for Germany here.
- Strong experience in supporting foreign companies to develop their business in Germany
- Our clients success is our success. Our objective is to grow along our clients
- We are family owned. Our long- term perspective allows for good strategy and decision-making
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