Find New Potential Marktes

Expand Your Horizons: Unlocking New Markets and Regions

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Unleash Market Potential

Identify and evaluate untapped markets with significant growth opportunities.


 

  • Assess the total demand across target markets to identify regions with significant potential.
  • Use historical and forecasted data to prioritize markets with substantial opportunities.
  • Align potential markets with your product categories to ensure relevance and feasibility.

Map Growth Opportunities

Analyze and prioritize markets based on their growth trends and future potential.


 

  • Analyze 4-year historical growth trends and 12-month forecasts for target regions to gain a comprehensive view of market potential.
  • Identify markets with strong growth potential and emerging demand.
  • Monitor developing markets to capture opportunities early in their lifecycle.

Understand Market Preferences: Brand or Product

Understand customer preferences for branded versus non-branded products to tailor your approach.


 

  • Evaluate search and purchase behavior to determine the dominance of branded versus non-branded demand.
  • Prioritize markets where your branding can resonate or where non-branded demand aligns with your offerings.
  • Develop localized strategies that emphasize your brand’s value proposition in relevant contexts.

Map the Competitive Landscape

Assess competitive intensity by analyzing market share distribution and dominant players.

 

  • Evaluate the market share of competitors in the target market to understand competitive pressure.
  • Identify regions with fragmented competition where entry barriers are lower.
  • Focus on areas where your unique strengths can differentiate you from competitors.

Outcome: Market Opportunity Assessment Framework

Use a comprehensive framework to prioritize markets based on their attractiveness and feasibility.


 

Market Attractiveness: Evaluate size, growth potential, and alignment with your product portfolio.

Competitive Intensity: Assess barriers to entry, existing competition, and market fragmentation.

Strategic Fit: Align market opportunities with your brand’s strengths and long-term objectives.

Actionable Decisions: Invest resources in high-potential markets, monitor emerging trends, and adapt strategies to capitalize on evolving opportunities.

Need help?

Rob Lankveld

Consultant - Marketing

Downloads

  • Liveboards (Soon available)
  • Market Opportunity Assessment Framework (Soon available)

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Need Help?

Rob Lankveld

Consultant - Marketing

Downloads

“Our webshop conversion rate increased by 125% with demand-driven optimization."

Stefan Kersten
Brabantia