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Industrial Market Research Advantages of Consulting Firms

2024-07-24 00:21:10 Source: Champ Consulting Visits:0

Industrial market research refers to the systematic collection, analysis and interpretation of information on the production, sales and consumption of industrial products and services to help enterprises formulate effective marketing strategies and decisions. Compared with consumer goods market research, industrial market research has some special characteristics, such as: the variety of industrial products and services, high technology content, high price, long purchase cycle, complex purchase decision-making and so on. These characteristics make industrial market research more difficult and challenging, requiring more specialized and sophisticated research methods and techniques.

As a professional third-party service organization, consulting companies have advantages in industrial market research, which are mainly reflected in the following aspects:

First, the consulting company has a professional research team and methods that can provide objective, comprehensive and in-depth market analysis and recommendations. Consulting companies usually have a research team composed of experts from different fields and backgrounds, which can analyze the industrial market from multiple angles and levels. Consulting firms also master a variety of methods applicable to industrial market research, such as: literature research, data mining, industry surveys, competitor analysis, user interviews, focus group discussions, experimental methods, observation methods, etc. These methods can help consulting companies to obtain more accurate, comprehensive and in-depth market information, and carry out effective analysis and interpretation. Based on this information and analysis, the consulting firm is able to provide the client with market strategies and recommendations that meet the actual situation and target needs.

Second, the consulting company has rich industry experience and customer resources, can fully understand the needs and problems of customers, and provide targeted solutions. Consulting firms usually have many years or decades of experience in a particular industry or multiple industries, and have accumulated a large amount of industry knowledge and case studies. The consulting firm also has a wide range of customer resources, including various industrial enterprises, government agencies, industry associations, research institutions, etc. These experiences and resources enable consulting firms to gain a deeper understanding of the industry environment, market conditions, competitive dynamics, trends, etc., as well as the needs and problems faced by customers. Based on this understanding, consulting companies can provide customers with more targeted and effective solutions.

Third, consulting companies can use advanced technology and tools to improve research efficiency and quality, and save time and cost for customers. Consulting companies usually have advanced technologies and tools, such as big data analysis, artificial intelligence, cloud computing, blockchain, etc. These technologies and tools can help consulting companies collect, process, analyze and present market data more quickly and accurately, and improve the efficiency and quality of research. At the same time, these technologies and tools can also help consulting companies communicate, collaborate and deliver with customers more flexibly and easily, saving customers time and cost.

Fourth, the consulting company can ensure the confidentiality and security of the research and safeguard the interests and reputation of the clients. Consultants usually sign confidentiality agreements with clients, promising not to disclose their trade secrets and sensitive information. The consulting company also takes various measures to protect the security of the data involved in the research process and prevent the data from being tampered with, leaked or lost. These measures can ensure the confidentiality and security of the research, and safeguard the interests and reputation of the clients.

In order to demonstrate the advantages and value of consulting firms in industrial market research, we illustrate the following through several typical cases of Champ Consulting.

Case 1: Shangpu Consulting provides strategic consulting for an international auto parts enterprise to enter the Chinese market.

Background: An international auto parts company is a multinational company specializing in the production of automotive seat systems, with a high market share in Europe, America and other regions. The company plans to enter the Chinese market, but does not know much about the situation in the Chinese market. It needs to conduct market research and formulate an appropriate market entry strategy.

Service content: Champ Consulting provides the following services for the enterprise:

Market Analysis: Through literature research, data mining and other methods, Shangpu Consulting analyzed the scale, structure, growth trend, consumption characteristics and other aspects of China's car seat market, and conducted an in-depth analysis of the main competitors in China's car seat market, and evaluated its product advantages, market share, channel layout and other aspects.

Customer Analysis: Through industry surveys, user interviews and other methods, Shangpu Consulting analyzed the main customer groups in China's auto seat market, including vehicle manufacturers, auto dealers, auto repair shops, etc., and conducted an in-depth understanding of their purchase needs, purchase decisions, purchase behavior and other aspects.

Market entry strategy: Shangpu Consulting has integrated the results of market analysis and customer analysis, and formulated a market entry strategy suitable for the Chinese market for the company, including: target market selection, product positioning and differentiation, channel construction and management, price strategy And promotion strategy, etc., and provided specific implementation steps and expected results.

Service effect: The company adopted the market entry strategy of Shangpu Consulting and achieved good results in the Chinese market. The company has established a long-term cooperative relationship with Shangpu Consulting and commissioned Shangpu Consulting to provide it with more industrial market research services.

Case 2: Shangpu Consulting provides industry chain optimization consulting for a domestic steel enterprise.

Background: A domestic iron and steel enterprise is a large-scale comprehensive iron and steel enterprise integrating mining, iron ore processing, iron and steel production and steel sales. The company is facing challenges such as the downturn in the domestic steel industry, environmental pressure, and rising costs. It needs to optimize its industrial chain to improve its competitiveness and profitability.

Service content: Champ Consulting provides the following services for the enterprise:

Industry chain analysis: through data mining, competitor analysis and other methods, Shangpu Consulting analyzed the position, advantages, disadvantages, opportunities and threats of the enterprise in the industry chain, and evaluated the efficiency and effectiveness of each link in the industry chain, and found out the existing problems and room for improvement.

Industrial chain optimization plan: According to the results of the industrial chain analysis, Shangpu Consulting proposed an industrial chain optimization plan for the company, including: First, adjust the industrial structure, reduce low-value-added iron ore processing links, and increase high-value-added steel Deep processing links; the second is to improve the technical level, introduce international advanced production equipment and management systems, and improve production efficiency and quality; the third is to expand market channels, develop new customer groups and regional markets to increase market share and income; fourth, strengthen environmental protection measures, adopt cleaner production technologies and recycle resources to reduce pollutant emissions and energy consumption.

Industry chain optimization implementation guidance: Shangpu Consulting provides the company with implementation guidance for the industry chain optimization plan, including: formulating implementation plans and timetables, allocating implementation responsibilities and resources, supervising implementation progress and quality, evaluating implementation effects and risks, etc. And maintain close communication and collaboration with the company.

Service effect: The company has implemented the industrial chain optimization plan of Shangpu Consulting, and has achieved remarkable results. The position of the enterprise in the industrial chain has been improved, its product structure is more reasonable, its technical level is more advanced, its market channels are more extensive, and its environmental protection level is better. The competitiveness and profitability of the enterprise have been significantly improved. The company expressed high satisfaction and appreciation for the services of Champ Consulting.

Case 3: Shangpu Consulting provides Chinese market demand forecast consultation for a foreign electronic equipment enterprise.

Background: A foreign electronic equipment company is a multinational company specializing in the production and sales of various types of electronic equipment, with a high market position and reputation in the world. The company plans to launch a new type of smart home device in the Chinese market, but the demand for the Chinese market is not clear, and market demand forecasts are needed in order to make reasonable production and sales plans.

Service content: Champ Consulting provides the following services for the enterprise:

Market demand forecasting method: Shangpu Consulting has selected the market demand forecasting method suitable for its product characteristics and market characteristics for the enterprise, including: first, the time series analysis method based on historical data, using the sales data of the enterprise in other markets, through the trend, season, cycle and other factors, to predict the sales volume of the Chinese market; second, based on the investigation method of potential users, using focus group discussion, questionnaire survey and other methods, collect potential users' cognition, attitude, willingness and other information about the product, and predict the purchase rate of the Chinese market; third, based on the analysis of the competitive environment, use competitor analysis, market share analysis and other methods to evaluate the product in the Chinese market Competitive advantages and disadvantages, predict the share of the Chinese market.

Market demand forecast results: Shangpu Consulting has integrated the forecast results of three methods to provide the company with the demand forecast results of the Chinese market, including: first, the overall demand, that is, the overall purchase of the product by the Chinese market in the next year; The second is the regional demand, that is, the purchase of the product by the Chinese market in different regions and cities; The third is the subdivided demand, that is, the purchase volume of the product in different user groups and usage scenarios in the Chinese market.

Market demand forecast suggestion: Shangpu Consulting has provided some market demand forecast suggestions for the enterprise according to the demand forecast results, including: first, adjust the production plan and reasonably arrange the production scale and production cycle according to the overall demand and regional demand; The second is to optimize the sales strategy and formulate different price strategies, promotion strategies and channel strategies according to the regional demand and subdivided demand. The third is to enhance market promotion, according to the information of potential users and the analysis of the competitive environment, design targeted advertising, public relations, social media and other activities.

Service effect: The company adopted the market demand forecast results and suggestions of Shangpu Consulting, and successfully launched a new smart home device in the Chinese market. The product has been welcomed and recognized by Chinese consumers, achieving high sales and profits. The company expressed a high degree of trust and gratitude for the services of Champ Consulting.

The above cases illustrate the advantages and value of consulting firms in industrial market research. The consulting company can provide professional, comprehensive, in-depth and targeted industrial market research services for industrial enterprises, help industrial enterprises solve various market problems and challenges, and enhance the market competitiveness and development potential of industrial enterprises. As a consulting company focusing on the industrial field, Shangpu Consulting has rich experience and resources in industrial market research, and can provide tailor-made industrial market research services for various industrial enterprises.




User evaluation

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  • On July 05, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "In-process Plastic Market Research Project in the Automotive Sector. The customer said: The project report completed by Shangpu Consulting in cooperation with our company is due to the wide range of projects and strong professional products. Thank you very much for the professional and detailed market research report of Shangpu Consulting. I look forward to cooperating again next time and wish Shangpu Consulting by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 05, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "Research Project of the Network Designated City Transport Company. The customer said: The market research project provided by Shangpu Consulting for our company has provided us with a valuable reference basis for objectively evaluating the current market situation of the industry and achieved the expected goal. I also wish Champ Consulting the development of by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for "A Brand Sales Leading Research Project in the Water Purifier Industry. The customer said: The market research project provided by Shangpu Consulting for our company has provided us with a valuable reference basis for objectively evaluating the current market situation of the industry and achieved the expected goal. I also wish Champ Consulting the development of by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • July 07, 2020, Shangpu Consulting received a satisfaction evaluation sheet from the customer's "Lithium Battery Enterprise Sales Strategy and Production Cost Research Project. The customer said: The market research project provided by Shangpu Consulting for our company has provided us with a valuable reference basis for objectively evaluating the current market situation of the industry and achieved the expected goal. I also wish Champ Consulting the development of by going up one storey! Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "Coal Mine Tunnel Drilling Rig Market Share Proof Project. The customer said: The survey plan of Shangpu Consulting is rigorous in design, scientific in method, standardized and rigorous in survey organization process, and basically reliable survey data, which provides relatively credible first-hand information for our research work. The research results are of great help to our company to understand the whole picture of the industry. Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from a customer for "A Brand in an Industry Leading Sales Research Project for Three Consecutive Years. The customer said: The survey plan of Shangpu Consulting is rigorous in design, scientific in method, standardized and rigorous in survey organization process, and basically reliable survey data, which provides relatively credible first-hand information for our research work. The research results are of great help to our company to understand the whole picture of the industry. Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 07, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "China Bird's Nest Industry Market Ranking Research Project. The customer said: has cooperated many times, as always satisfied, also recommend to other enterprises cooperation. Once again, I would like to thank the users for their support and wish them a prosperous career and an evergreen foundation!

  • On July 09, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for a hazardous waste treatment research project. The customer said: this is the organizational structure of the survey, the service process is very good, wish your company's consulting work is getting better and better, look forward to the next cooperation. I wish users a prosperous career, evergreen foundation!

  • On July 16, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the Shared Beauty Research Project. The customer said: The content of Phase I and Phase II is satisfactory, and we look forward to signing a long-term agreement in the later period. The research part of the country will continue to cooperate with your company. I wish users a prosperous career, evergreen foundation!

  • On July 09, 2021, Shangpu Consulting received a satisfaction evaluation sheet from the customer for the "Research Project on the Organizational Structure of Two Liquor Production Enterprises. The customer said: This is an organizational structure survey, the service process is very good, looking forward to the next cooperation. I wish users a prosperous career, evergreen foundation!

Shangpu Consulting In the field of consulting, we can also provide you with the following services:
Research Module research content
Market research Industry status market capacity Product Application channel mode Supply chain market competition Market Consulting
Competitor Research Enterprise background Enterprise Finance Sales Data Market Strategy Production Equipment Supply Procurement Technology R & D
warehousing logistics channel construction Human Resources Enterprise Strategy      
User Research Consumer Survey consumption behavior attitude Publicity/Promotion Product Service Brand Research consumer characteristics
satisfaction survey Employee satisfaction user satisfaction        
Market Entry Advisory Macro Industry Research competitive enterprise research Downstream User Research Channel Research Due Diligence Return on Investment
Floor module Landing implementation recommendations Long-term cooperation        
Business investment due diligence Target industry market investment value due diligence Industry Benchmarking Enterprise Research Target Enterprise Credit Assessment Report Project investment due diligence    
industry planning Market research market access development strategy investment location Acquisition and integration IPO Fundraising
Credit Report Basic information Major Events Production/Operation Network enterprise scale Operating strength Financial strength Legal risk
Future business prediction Overall credit rating cooperative risk warning        
Brand/Sales Proof Market Share Proof Market Share Proof Proof of brand strength Industry Proof Specialized new proof Proof of sales strength Proof of technological leadership
National/Global Status Certificate            
Service advantages
More than 20 years of focus on the Chinese market consulting, won the user recognition, user satisfaction reached more than 96%, the following is part of the user praise
  • Focus on production and research

    15 Year

    15 years of Shangpu consulting

    48 Intellectual Property Rights

    Independent methodology

    80% of the information comes from first-hand research.

  • massive data

    118 Billionth

    Self-built database 11.8 billion

    Covering 1978 industries in China

    0.1 billion new data per year

    Industry Big Data Platform

  • Research Team

    118 +

    Have a 300 team of professional consultants

    Practical operation and management experience of top enterprises

    88% of members have international PMP certificates

  • Intellectual Property

    48 Item

    Independent methodology

    48 independent intellectual property rights

    high-tech enterprise

    Industry Big Data Platform

Customer Evaluation
More than 20 years of focus on the Chinese market consulting, won the user recognition, user satisfaction reached more than 96%, the following is part of the user praise

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