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Software Industry Market Research Project Case

2024-07-15 00:39:39 Source: Champ Consulting Visits:0

Project background:

A software company has developed a new office software and wants to promote it in the domestic market, but it is not clear about the needs, preferences and willingness of the target customers, as well as the situation and advantages of competitors.

Project purpose:

Through market research, understand the scale, structure, trends and opportunities of the domestic office software market, analyze the characteristics, behavior and satisfaction of target customers, evaluate competitors' products, prices, channels and marketing strategies, and provide a basis for software companies to formulate reasonable market entry programs and marketing strategies.

Project Content:

Market research is divided into two stages, the first stage is desktop research, the second stage is field investigation. Desktop Research collects and collates the basic information of the domestic office software market, including market size, growth rate, segmentation, and major participants, mainly through public information such as web search, industry reports, and government data. Field surveys mainly collect and analyze relevant information about target customers and competitors through questionnaires, in-depth interviews, and mysterious customers, including customer needs, preferences, purchase behavior, use experience, satisfaction, etc., as well as competitors' product features, Price strategy, channel layout, marketing activities, etc.

Project results:

Through market research, the software company obtained the following key findings:

The size of the domestic office software market is approximately300billion, with an annual growth rate of about15%The main sub-areas are word processing, form processing, presentation production, collaborative office, etc., the main participants are Microsoft.OfficeJinshanWPS, Tencent documents, etc.

The target customers are mainly small and medium-sized enterprises and individual users. Their demand for office software is mainly easy to use, complete functions, good compatibility, reasonable price, etc. Their purchase behavior is mainly affected by factors such as product brand, word-of-mouth recommend, channel convenience, etc. Their use experience mainly depends on product performance, stability, update speed, etc, their satisfaction is mainly affected by the product function, price value, after-sales service and other factors.

Competitors, MicrosoftOfficeOccupy the vast majority of the market share, its products are powerful, compatible, but the price is higher, and need to pay a subscription; JinshanWPSThe selling point is low price and free use. Its product functions are relatively simple, but its compatibility is poor. Tencent documents feature online collaboration and cloud storage. Its product functions are relatively novel, but its stability is poor. Competitors' channels mainly include official website downloads, app store downloads, offline agency sales, etc. Competitors' marketing activities mainly include advertising, user evaluation, and event promotions.

Based on the above findings, software companies can develop the following market entry scenarios and market entry scenarios and marketing strategies:

Market Positioning:

Software companies can position their office software as a fully functional, cost-effective, and compatible product to meet the main needs of target customers while differentiating themselves from competitors.

Product Strategy:

On the basis of ensuring complete product functions, software companies can optimize product performance and stability, improve product update speed and user feedback mechanism, increase product cloud services and collaborative office functions, and enhance product user experience and sense of value.

Price strategy:

Software companies can use lower-than-competitor pricing strategies to attract price-sensitive customers, while offering free trials and offers to increase customer conversion and loyalty.

Channel Strategy:

Software companies can use a variety of channels to promote and sell their own office software, including official website downloads, app store downloads, online platform cooperation, offline agent distribution, etc., to expand product coverage and visibility.

Marketing strategy:

Software companies can enhance their brand image and product awareness through a variety of marketing activities, including advertising, user evaluation, word-of-mouth recommend, social media interaction, content marketing, etc., to increase customer attention and trust.




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