How Market Directions consults with its clients.
• In order for our client’s projects to be a success three outcomes must be achieved:
1. First, we provide a solution that is new to the client.
2. Second, the client must achieve some measurable goal.
3. Third, the client must be able to sustain improvement over time.
Case Studies – Projects –
Market Directions has assisted many of its clients in setting clear objectives— identifying the strategies to meet those objectives and gathering the resources required to deliver the results.
--- Market Directions produced a strategic business and marketing plan for a telecommunications company that resulted in over $30 million in investor financing.
o Much of the business plan was based on research including —
§ secondary research – to understand the market demographics
§ primary research – to understand what customer requirements
--- Market Directions assisted a Health Care Company in setting its customers service objectives and meeting those objectives.
o Customer Service objectives were set by a regulatory agency —
§ first, we looked at the skills of the personnel who delivered the service
§ next, we looked at the customer base
§ and third, we looked at the technology which assisted in delivery
§ finally, we made recommendations for implementation which include new technology, training and coaching of customer service reps ….. including management training.
--- Market Directions assisted an oil company in determining the impact of its pipeline on populations.
o Demographics surrounding the pipeline needed to be determined —
§ first, we plotted the pipeline by longitude and latitude
§ next, we measured the population within a 5 mile radius and mapped the results
---Market Directions assisted a retail luggage distributor in increasing its sales
o The strengths and weaknesses of the company needed to be determined —
§ first, we segmented the market within product lines
§ second, we surveyed retail buyers and sales reps
§ third, we researched the competition and looked at our client in relationship to the competition
§ fourth, we surveyed consumers regarding brand awareness and identity
§ finally, we made recommendations for appropriate distribution and pricing strategies to appropriate retail outlets…. deleting some current outlets and adding others.