Client: A Fortune 500 construction material multinational, leader in Europe but with limited presence in Asia.
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| Issue: Client was facing slow growth on its European soil and looked for new star markets to stimulate growth and diversify future risk. Client had limited Asian presence and products were already available at low cost in most Asian markets. |
Solution: We proposed a pan-Asia review to rank opportunities by addressable market and costs to access clients. One emerging market free of strong competition was picked. The tram offered a total market feasibility solution encompassing legal structure, required alliances, plant location and capital requirements. Engagement was complemented by a five years growth plan.
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Approach: The team scanned ASEAN markets based on existing public domain data and face to face expert interviews in key markets. Data was cross-checked through internal modeling covering macro economic data, political and environmental risks. Once a specific emerging market was picked, we conducted additional in-country interviews and analysis with government, industry, competitors, multi-lateral organization and built a five years market pioneering and leadership plan to ensure sustainability of the business. |
Engagement ROI: Client was operational in Vietnam within 12 months and captured 15% of market share in a highly price-sensitive emerging market. We developed a knowledge environment strategy for our client's suppliers and distributors. This resulted in maximal supplier, distributors and client stickiness. This approach was reproduced by the client into Indonesia and Pakistan. |