For detailed cases, please contact the consultant.
400-969-2866

2024-07-18 18:08:56 Source: Champ Consulting Visits:0
Market entry consulting is an important service provided by consulting companies to help customers analyze the opportunities and challenges of the target market and formulate appropriate strategies and action plans. The plan of market entry consultation needs to be customized and optimized according to the needs and objectives of customers, as well as the characteristics and changes of the market. This paper discusses how to optimize the market entry consulting solutions from three aspects: one is to obtain accurate and comprehensive market information through in-depth market research and analysis; the other is to improve the quality and efficiency of the program through innovative methodologies and tools; the third is to enhance the enforceability and influence of the program through effective communication and collaboration. This paper also combines some specific cases provided by Shangpu Consulting Company for customers, and shows the practical experience and achievements of the consulting company in optimizing the market entry consulting scheme.
Market entry consulting refers to an important service provided by consulting firms to help clients analyze the opportunities and challenges of the target market and formulate appropriate strategies and action plans. Market entry consultation involves many fields and levels, including market size, competitive landscape, consumer behavior, channel distribution, laws and regulations, policy environment, etc. The goal of market entry consulting is to provide clients with clear and actionable recommendations to help them achieve success in their target markets.
A market entry consulting solution is a detailed report or presentation provided by a consulting firm to a client that contains an analysis of the target market, recommendations to the client, and data and logic to support the recommendations. Market entry consulting solutions are an important carrier of communication and cooperation between consulting firms and clients, and are also important criteria for evaluating the capabilities and levels of consulting firms. Therefore, the optimization of market access consulting solutions is the goal of the consulting firm's continuous pursuit and efforts.
So, how do consulting firms optimize their market entry consulting solutions? This paper discusses the following three aspects:
1. obtain accurate and comprehensive market information through in-depth market research and analysis
Market information is the basis and core of market access consulting programs, and it is also a key factor in distinguishing excellent programs from ordinary programs. Only by obtaining accurate and comprehensive market information can we effectively judge and predict the target market and provide valuable and convincing suggestions to our customers. Therefore, consulting firms need to collect and collate various sources and types of market information through in-depth market research and analysis, including:
Macroeconomic information: including the economic development level, growth rate, policy direction, social stability, etc. of the country or region, as well as the development trend, scale, structure, competitiveness, etc. of the industry or field related to the target market.
Micro-market information: including consumer characteristics, needs, preferences, behaviors, etc. of the target market, as well as the situation, strengths, weaknesses, strategies, etc. of suppliers, distributors, competitors, etc. of the target market.
Customer's own information: including the customer's background, goals, resources, capabilities, strengths, weaknesses, problems, etc., as well as the customer's current situation and expectations in the target market.
Consultants can obtain market information in a variety of ways and channels, such:
Desktop research: Collect and analyze existing market information using open or paid resources such as the Internet, databases, reports, and literature.
First-hand research: through interviews, questionnaires, observations, etc., directly to the market stakeholders (such as consumers, suppliers, distributors, competitors, etc.) to collect and analyze the original market information.
Expert consultation: to obtain and analyze professional market information and opinions by inviting or hiring experts or authorities in the industry or field.
In the process of obtaining market information, consulting companies need to pay attention to the following points:
Identify information needs: based on the client's needs and objectives, as well as the framework and logic of the market access consulting program, identify the types and scope of market information that need to be collected and analyzed to avoid ineffective or redundant information.
Ensure information quality: select reliable and authoritative information sources, verify and verify the authenticity and validity of information, handle and eliminate information deviations and errors, and improve the accuracy and credibility of information.
Improve information efficiency: use existing or self-developed methodologies and tools to optimize the processes and methods of information collection and analysis, save time and cost, and improve efficiency and effectiveness.
A specific case is that of Champu Consulting, which provided China market entry consulting services for a European automaker. Through in-depth market research and analysis, Shangpu Consulting has obtained macroeconomic information (such as economic growth rate, automobile consumption level, policy environment, etc.), micro market information (such as consumer demand, preference, behavior, etc.), And customer information (such as brand image, product characteristics, competitive advantage, etc.). Using its own data analysis platform, Shangpu Consulting has quickly and accurately processed and analyzed the large amount of data collected, and generated clear and powerful charts. Based on this market information, Shangpu Consulting has provided customers with entry strategies and action plans for the Chinese auto market, which have been highly recognized by customers.
2. to improve program quality and efficiency through innovative methodologies and tools
Methodology and tools are a series of theories and techniques used in the production of market access consulting solutions, including:
Analytical methodology: used for systematic, logical and quantitative analysis of market information to draw valuable conclusions and insights. For example, Porter's five forces analysis,SWOTanalysis,PESTanalysis, value chain analysis, etc.
Recommendation Methodology: It is used to propose recommendations and solutions that meet customer needs and goals based on analysis results. For example, market segmentation, targeting, differentiation strategies, portfolio strategies, etc.
Presentation Methodology: Used to present the content of the analysis and recommendations to the customer in a clear, concise, and powerful manner. For example, the pyramid principle, story lines,MECEthe principle,STARlaw, etc.
Analytical tools: used to assist or automate the collection, processing, and presentation of market information. For example,Excel、PowerPoint、SPSS、PaintingWait.
Recommendation tools: Used to assist or automate the generation, evaluation, and optimization of recommendations and scenarios. For example, templates, frameworks, algorithms, simulations, etc.
Methodology and tools are important means for consulting firms to optimize market access to consulting solutions, which can improve the quality and efficiency of the solutions. Therefore, consulting firms need innovative methodologies and tools to achieve the following objectives:
Adapt to market changes: As the market continues to develop and change, consulting firms need to constantly update and improve their methodologies and tools to adapt to new market conditions and customer needs. For example, in response to emerging market trends such as digitalization, intelligence, and greening, consulting firms need to develop appropriate analytical methodologies and recommendation methodologies, as well as use artificial intelligence, big data, cloud computing and other technologies to enhance their analytical tools and recommendation tools.
Reflect professional advantages: As professionals in the consulting industry, consulting companies need to use their own unique and excellent methodologies and tools to reflect their professional advantages and competitiveness in the market entry consulting field. For example, consulting firms can develop proprietary or customized methodologies and tools for an industry or field based on their rich experience and deep understanding in that industry or field, and use them as their core competencies.
Improve customer satisfaction: Ultimately, the goal of the consulting firm's optimized market entry consulting program is to increase customer satisfaction and loyalty. Therefore, consulting companies need to provide higher quality and efficient services through innovative methodologies and tools, meet customer expectations and needs, and exceed customer imagination and feelings.
In a specific case, Champu Consulting provided Indian market entry consulting services for an American fast food chain brand. Champ Consulting has improved the quality and efficiency of its programs through innovative methodologies and tools. Shangpu Consulting has used its own market segmentation methodology to segment the Indian market according to multiple dimensions such as region, income, and religion, and conducted in-depth analysis and evaluation for each market segment to provide customers with Different target positioning and differentiation strategies. Shangpu Consulting also used its own developed suggestion tools to generate the best product mix, price strategy, channel strategy, etc. for customers through simulation and optimization, and predicted the customer's revenue and profit in the Indian market. Finally, through its own demonstration tools, Shangpu Consulting presented the contents of the scheme to customers in the form of animation, video, music and other multimedia, which enhanced the attractiveness and influence of the scheme.
3. through effective communication and collaboration to enhance the implementation and impact of the program
Communication and collaboration is a series of interpersonal and teamwork involved in the production of market entry consulting solutions, including:
Communication and collaboration within the consulting team: refers to the communication and collaboration between consultants involved in market entry consulting projects within the consulting company, including project managers, project team members, expert consultants, etc.
Communication and collaboration between the consulting firm and the client: refers to the communication and collaboration between the consulting firm and the client in the process of entering the consulting project in the market, including the project start-up, mid-term reporting, final delivery and other stages.
Communication and collaboration between the consulting company and third parties: refers to the communication and collaboration between the consulting company and market stakeholders (such as consumers, suppliers, distributors, competitors, etc.) or other partners (such as other consulting companies, research institutions, media institutions, etc.) in the process of market entry consulting projects.
Communication and collaboration are important conditions for consulting firms to optimize market access to consulting solutions, which can enhance the enforceability and influence of the solutions. Therefore, consulting companies need to achieve the following goals through effective communication and collaboration:
Promote information sharing: Through effective communication and collaboration, the flow and sharing of information among different subjects can be promoted, thereby improving the quality and efficiency of information. For example, the consulting team can communicate and feedback information in a timely manner through regular meetings, reports, discussions, etc. to avoid duplication or omission of information; the consulting company and the client can communicate effectively (such as telephone, email, video conference, etc.) to obtain and provide information in a timely manner to increase the transparency and consistency of information; consulting companies and third parties can accurately collect and transmit information through reasonable communication channels (e. g. interviews, questionnaires, observations, etc.) to reduce information deviations and errors.
Increase the alignment of interests: Through effective communication and collaboration, the alignment of interests between different subjects can be increased, thereby improving the enforceability and influence of the program. For example, within the consulting team, the willingness and motivation of cooperation among team members can be increased through clear role division, responsibility distribution, reward and punishment mechanism, etc.; between the consulting company and the customer, the trust and satisfaction between the two parties can be increased through sufficient demand communication, goal alignment, feedback cycle, etc.; between the consulting company and the third party, reasonable profit distribution, cooperation partners, mutual benefit, etc, increase the degree of support and cooperation between the two sides.
Optimization program improvement: Through effective communication and collaboration, the improvement process of market entry consulting programs can be optimized, thereby improving the quality and efficiency of the program. For example, within the consulting team, errors or deficiencies in the scheme can be found and corrected in a timely manner through effective problem discovery, resolution and prevention; between the consulting company and the customer, the content or form of the scheme can be optimized and improved in a timely manner through effective suggestion solicitation, feedback adoption and scheme adjustment; between the consulting company and the third party, effective opinion collection, evaluation reference and experience reference can be adopted, draw on and learn from the merits or innovations in the program in a timely manner.
A specific case is that of Champu Consulting, which provided Thai market entry consulting services for a Japanese cosmetics brand. Through effective communication and collaboration, Champ Consulting enhances the enforceability and impact of the program. Shangpu Consulting has established a cross-departmental and cross-country project team composed of project managers, project team members, expert consultants, customer representatives, etc., and maintains efficient communication and collaboration within the team through regular meetings, reports, and discussions. Shangpu Consulting also maintains close communication and collaboration with customers. Through multiple demand communication, goal alignment, feedback loop, etc., it ensures that the content and form of the plan meet the expectations and needs of customers, and has been recognized and supported by customers. Finally, Shangpu Consulting also conducted effective communication and collaboration with third parties. Through interviews, questionnaires, observations, etc., it collected the opinions and opinions of relevant parties in the Thai market (such as consumers, suppliers, distributors, competitors, etc.). Suggestions, and use them as a reference and basis for program improvement.
Summary
Market entry consulting is an important service provided by consulting companies to help customers analyze the opportunities and challenges of the target market and formulate appropriate strategies and action plans. Market entry consulting solutions are an important carrier of communication and cooperation between consulting firms and clients, and are also important criteria for evaluating the capabilities and levels of consulting firms. Therefore, the optimization of market access consulting solutions is the goal of the consulting firm's continuous pursuit and efforts.
This paper discusses how to optimize the market entry consulting solutions from three aspects: one is to obtain accurate and comprehensive market information through in-depth market research and analysis; the other is to improve the quality and efficiency of the program through innovative methodologies and tools; the third is to enhance the enforceability and influence of the program through effective communication and collaboration. This paper also combines some specific cases provided by Shangpu Consulting Company for customers, and shows the practical experience and achievements of the consulting company in optimizing the market entry consulting scheme.
Consulting Services
economic database
See more>Brand Rankings
See more>Shangpu Consulting Group: Market Survey of Top Ten Brands of imported Fruits in January 2023
Shangpu Consulting Group: Market Research on Top Ten New Products of Electrical Appliances in December 2022
Shangpu Consulting Group: Market Survey of Top Ten Popular Brands in January 2023
Shangpu Consulting Group: Market Research on Top Ten Brands of Home Administration Cleaning in January 2023
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!
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 |
15 Year
Champ Consulting has been established for 15 years.
48 Intellectual Property Rights
Independent methodology
80% of the information comes from first-hand research.
118 Billionth
Self-built database 11.8 billion
Covering 1978 industries in China
0.1 billion new data per year
Industry Big Data Platform
118 +
Have a 300 team of professional consultants
Practical operation and management experience of top enterprises
88% of members have international PMP certificates
48 Item
Independent methodology
48 independent intellectual property rights
high-tech enterprise
Industry Big Data Platform
400-969-2866