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How to work with Market Entry Consultants? Guidance from Consultants

2024-07-18 10:04:58 Source: Champu Consulting Visits:0

Market entry is an important part of enterprise development, which involves the strategic choice, resource allocation, competitive advantage and so on. Market entry requires not only clear objectives and strategies, but also adequate preparation and execution. In the complex and changeable market environment, enterprises are often faced with many uncertainties and challenges, such as market demand, competition pattern, policies and regulations, cultural differences and so on. Without adequate understanding and analysis of market conditions, firms may make the wrong decisions, resulting in failed or ineffective market entry.

In order to avoid these risks, many companies will choose to work with professional market entry consulting firms to obtain more comprehensive, in-depth and objective market information and advice. Market entry consulting company is an organization that provides market entry related services. It has professional research team, data resources, analysis model and industry experience. It can provide enterprises with professional guidance from strategic planning, market research, competition analysis, risk assessment, investment advice, etc., to help enterprises formulate appropriate market entry plans, reduce market entry costs and risks, and improve market entry efficiency and returns.

There are several benefits to working with a market entry consulting firm:

Increased confidence in decision-making. Market entry consulting firms can provide companies with comprehensive and in-depth market research reports, including industry profiles, development trends, demand forecasts, competitive landscape, opportunity risks, etc., to help companies have a clearer understanding of the current situation and prospects of the target market and enhance decision-making confidence.

Enhance competitive advantage. Market entry consulting firms can provide companies with targeted competitive analysis and strategic recommendations, including competitors' strengths and weaknesses, core competencies, strategic trends, etc., to help companies find their own differentiation advantages and develop effective competitive strategies.

Reduce investment risk. Market entry consulting firms can provide professional risk assessment and investment advice, including policies and regulations, technical barriers, alternative products, etc., to help companies identify and avoid potential risk factors, and develop reasonable investment budgets and return expectations.

Improve execution efficiency. Market entry consulting firms can provide enterprises with practical market entry and implementation recommendations, including product selection, price positioning, channel selection, marketing promotion and other content, to help enterprises quickly adapt to and develop target markets, improve implementation efficiency.

The general process of working with market entry consultants is as follows:

Identify cooperation needs. The enterprise and the market entry consulting company communicate the requirements of the purpose, scope, content and time of cooperation, and clarify the cooperation needs.

Signing of cooperation agreements. The company signs a formal cooperation agreement with the market entry consulting company, agreeing on cooperation rules, fees, confidentiality and other terms to protect the rights and interests of both parties.

Conduct market research. According to the needs of enterprises, the market entry consulting company formulates research plans and outlines, and conducts comprehensive and in-depth market research through first-hand data collection, second-hand data collation, expert interviews, etc.

Preparation of research reports. According to the research results, the market entry consulting company uses professional analysis models and methods to prepare systematic and detailed research reports, including industry analysis, market analysis, competition analysis, risk analysis, investment analysis, etc., and puts forward targeted strategic suggestions and implementation suggestions.

Submit reports and feedback. The market entry consulting company shall submit the research report to the enterprise, and revise and improve it according to the feedback of the enterprise until the enterprise is satisfied.

Provide follow-up services. After the report is submitted, the market entry consulting company still maintains communication and contact with the enterprise, and provides follow-up follow-up research and strategy adjustment services according to market changes and enterprise needs.

When working with a market entry consulting firm, the following points need to be noted:

Choose a professional and reliable consulting company. There are many non-standard or dishonest consulting companies in the market, which may provide inaccurate or incomplete information or disclose customers' trade secrets. Therefore, when choosing a consulting firm, enterprises should examine their qualification certificates, industry reputation, service cases, customer evaluation, etc., and choose a professional and reliable consulting firm.

Maintain good communication and cooperation. Enterprises and consulting companies should maintain good communication and cooperation, timely exchange cooperation needs and progress, mutual understanding and respect, to avoid misunderstanding or conflict. At the same time, enterprises should actively cooperate with the research work of consulting companies and provide necessary information and support to ensure the quality and efficiency of research.

Objective evaluation of consultation results. After receiving the consulting report, the enterprise should objectively evaluate the consulting results and should not blindly accept or reject the advice of the consulting company. If you have any questions or dissatisfaction, you should give feedback to the consulting company in time and seek solutions. At the same time, enterprises should also be based on their own actual situation and ability, flexible use of consulting results, and combined with market changes to adjust.

In order to more specifically demonstrate the professional capabilities and service value of the market entry consulting firm, the following will be combined with the specific case of Champ Consulting for a brief analysis.

Shangpu Consulting is a professional market entry consulting company with many years of industry experience and rich customer cases, providing customized market entry consulting services for enterprises in all walks of life. Here are some of the success stories of Champ Consulting:

Case 1: A European auto parts manufacturer wants to enter the Chinese market, but lacks understanding of the needs, competition, and policies of the Chinese market, and does not know how to formulate an appropriate market entry strategy. Shangpu Consulting Company provides comprehensive market research services for the customer, including the analysis of the general situation, development trend, market scale, market segmentation, demand characteristics, competition pattern, policies and regulations of China's auto parts industry, and puts forward specific market entry plan according to the advantages and disadvantages and objectives of customers, Including product positioning, price strategy, channel selection, partners, marketing promotion and so on. Shangpu Consulting also provides customers with follow-up implementation support and risk control services to help customers successfully establish a good brand image and market share in the Chinese market.

Case 2: An American e-commerce platform wants to enter the Indian market, but has doubts about consumer behavior, cultural differences, payment methods, etc. in the Indian market, and does not know how to adapt to and meet the needs and preferences of Indian consumers. Shangpu Consulting Company provides in-depth consumer research services for the client, including the analysis of Indian consumers' demographic structure, income level, consumption habits, shopping preferences, trust factors, etc., and according to the customer's product characteristics and goals, Put forward specific consumer entry and satisfaction strategies, including product optimization, function increase, interface design, content customization, social media utilization, etc. Shangpu Consulting also provides customers with follow-up user feedback and loyalty enhancement services, helping customers establish a strong user base and reputation in the Indian market.

Case 3: A Japanese cosmetics brand wants to enter the Brazilian market, but is worried about the fierce competition, complex laws and high taxes in the Brazilian market, and does not know how to reduce the risk and cost of market entry. Shangpu Consulting Company provides professional risk assessment and investment advice services for the customer, including opportunity risk analysis, competitor analysis, policy and regulation analysis, tax and financial analysis of the Brazilian cosmetics industry, and puts forward specific risk avoidance and investment optimization plans according to the customer's resources and objectives, including joint venture cooperation, local production, channel integration, brand promotion and so on. Shangpu Consulting also provides customers with follow-up monitoring and evaluation and strategy adjustment services to help customers achieve stable and efficient development in the Brazilian market.



User evaluation

Champu Consulting-Market Research & Consulting China Pioneer

immediate consultation
  • 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!

In the field of consulting, Champ Consulting 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

    Champ Consulting has been established for 15 years.

    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

For detailed cases, please contact the consultant.

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