Market Research
What you don't know can hurt your organization. Brio's market research
services can help you uncover sales potential, identity opportunities
and obstacles relating to expansion, evaluate your current image as
seen by your clients/customers/competitors, and much more.
We provide valuable assistance through:
- Expansion strategies
- Deployment strategies
- Customer satisfaction data
- Focus groups
- Customer optimization surveys
- B2B surveys
- Employee surveys
- Targeted direct mail
Competitive Intelligence
A
simple definition to an complex, multi-layered process...
Competitive intelligence is the calculated monitoring of an organization's
competitors. Your competitors are those firms with whom you compete
for market share. CI not only brings current information to the table,
but also helps you determine what your competitors are most likely to
do in the future.
The Difference Between Market Research and Competitive Intelligence
The fundamental focus of market research is doing things right. It
identifies existing and potential problems relating to the task of the
profitable marketing of products and/or services.
The fundamental focus of competitive intelligence is doing the right
thing. It identifies key information that will directly impact your
current and future strategy.
The intelligence tools used by Brio Marketing Group differ with respect
to your specific situation. For example, your sales team may be
consistently up against one or two competitors, and your company's conversion
ratio from presentation to sale is less than anticipated. You
and your sales team would need to understand and know as much as possible
about your competitors' products, special offerings, level of customer
service, profit margin, internal incentives, sales goals, current/future
marketing strategies... and, most importantly, how all of these results
compare to your organization.
The intelligence tools we would use for this situation would differ
from those used to handle a situation relating to competitors who have
convinced some of your key staff to join their company.
Brio Marketing Group works with you to (1) clearly identify your specific
situation and then (2) carefully define and implement the necessary
intelligence to bring the results to the table for final evaluation.