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Suite 1010 Nelson Square 808 Nelson Street Vancouver, BC V6Z
2H2 Canada
P: (604) 893 8826
F: (604) 893 8827
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This is the first component of market
strategy development. Don't start your
marketing without it. It's
research. If you have a policy, product
or service you need to market, what do you know about your target
audience? What will attract them to
what you want to market? What are their
interests? What are the links to them
to get their attention?
- Market Search – This is the lowest cost, most
basic component of market assessment. Research through associations, Internet, library research, media
research and related website research are just some of the approaches. Have you considered if competitor research
is required? What is the market into
which you will be communicating? What is the market segmentation? What are the demographics of your audience.
Will there be any other initiatives competing with yours?
- Influencer Survey– Who are the influencers who
have impact on the buying patterns of your target audience? Who can help you validate your initiative
with your target audience?
- Market Research - Polls, market surveys, focus groups, street intercepts and other
techniques can be used to research your audience more directly. This can be through personal interview,
questionnaires, e-mail surveys and other techniques. Which will work best for you?
- Post Market Assessment – So
your marketing program is over. How did
you do? How will you assess your
success? Monitoring and post mortem
research will teach you much about doing even better with your next marketing
plan.
We Can Help You:
- We've done all kinds of market research assessments.
- We develop the research tools, advise on the best
research approach.
- We
conduct the tests and do the reports that will guide your market strategy.
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