Losing
market share or sales but don't know why? Or perhaps your revolutionary new
product is not taking off as expected?
Every technology company
believes it's products or services are the best. But for some reason the
market does not always seem to take the same view. Roliscon can help you
determine where you really stand in the marketplace.
By studying both
internally available data, and doing independent external research, we
can advise you as to what is your true competitive position. If necessary
we can also obtain an unclouded view of how your potential customers
perceive your product and company.
We can investigate your
competitors and their market strategy, and how they view your product or
service position versus their own strengths and weaknesses. By using an
independent consultant to perform these tasks, you avoid the ingrained
bias of your own staff, while concealing from the market that any such
review is being undertaken.
Note that part of this
process may include a review of your price positioning, although
bearing in mind the importance of this subject, this can also be
provided as a separately contracted service. See
Price Analysis and
Determination.
We
can also perform market and technology Due Diligence as part of
any transaction you may be undertaking to acquire a new business. In
that case some of the basic processes are the same but there will be
more emphasis on verifying the information that is supplied by a third
party.
After performing a
Market and Competitor Analysis, we will recommend how you might improve
your profitability or sales by repositioning your offering.
What is the Roliscon
Approach to Market Analysis?
Our approach consists
of the following steps:
- Understand the
product or service offering, including the technology.
- Understand the views
of your sales, marketing and technical staff.
- Review the current
market situation, the position of each player and the market
segmentation.
- Understand the
customer's perceptions and those of the "lost" prospects.
- Study the price
positioning and general strategy of the company, and of it's competitors.
- Write an initial
summary report containing our findings for discussion.
- Produce a finished
report containing recommendations for action.
- Produce "Competitive
Marketing Briefs" for your staff, if required.
With
Roliscon advising, you can be sure to keep ahead in the race for market
position.
Contact for more information.
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