Market Penetration Research

Existing Markets, Existing Products

For many companies, the first place to look for more sales is amongst existing customers.

Current customers have already made the ultimate gesture of approval and paid money to buy your products. A bit more persuasion and they may buy more.

However, how many companies know their customer so well that they know if they have every available piece of business? Ask yourself the following questions:

  • How much is each customer buying of the products (or services) I sell to them?
  • What share do my competitors and I have of each customer's account?
  • What does the customer think of me against the other suppliers it could or does use?
  • What would make each customer buy more?

There is only one way to ensure that a company’s customer value proposition (CVP) appeals to the target audience and differentiates that company from the competition, and that is through fully understanding market needs.  B2B International can help you better understand the needs and perceptions of your customers with regards to your products and services.  Through detailed analysis we can give you a clearer indication of where emphasis needs to be placed to deliver customer value and achieve greater customer loyalty.

 

We were very pleased with B2B's delivery on the project. We felt the recommendations the team made were excellent, the online groups were very successful and the research design stages were well executed.

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