Solution: Solidiance started with a competitor analysis, putting special emphasize on a detailed competitor costing and pricing analysis. In a second step the team reviewed customer groups and their decision marking patterns. Since the product could be shipped to other South East Asian countries, we conducted similar studies across 5 additional countries. As a result we quantified the market opportunity by country and defined price points to support an aggressive market entry.
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Approach: Based on extensive work in the steel and construction material industries, we could quickly identify key issues without having to spent valuable time on understanding the client's market and domain. Existing contacts with project owners, developers, architects, and contractors allowed us to make quick inroads on the costing and pricing issues. A strong in-house team of in-house consultants native to each of the six targeted countries (Singapore, Malaysia, Indonesia, Thailand, Philippines, Vietnam) allowed to factor in local market and customer specifics. |