Market Research is a process of determining the viability of a new product or service conducted with potential customers. Market research is conducted so the company can discover potential target markets and receive opinions and feedback from them regarding their product or service.
Double M offers a comprehensive Market Research service tailored to the exact specifications of the clients:
specifically about the value of the demand. Specified according to the type of products/services and the customers.
Comprehensive report about the competitors including their basic data, market shares, and their prices in the market.
Forecasting the sector, future measures/policy taken by authorities, future customer trends.
Specific information about the main exporters and importers, description of the products, prices in Customs.
Analysis about the distribution channels for the products, information about the stakeholders and their market share.
Explaining the added cost the company must add until they reach the final customer in the new market.
Detailed description of necessary certifications, conditions to get them, the procedures, timeline, and cost.
Detailed description of the promotion channels, with actual proposals (targets, cost, timeline).
Information about establishment costs, adjusted to the request of the clients.
Description about the products from a Sales point of view (prices, format, size, location, discount), photos are also included.
Information from distributors regarding the prices and characteristics of the products in the market.
Projects and Tenders
Assisting the client in pitching for projects and/or tenders in Indonesia
Focus Groups
Interviewing a group of people with the goal to create discussion about the products or services of the company
Surveys
Making questionnaires about the products or services of the company, collecting the responses and analyzing the results
Mystery Shopping
Going to stores acting like a customer, by the product and make a report
Understanding the market is important to do before entering a completely new market. At Double M, we will be delighted to perform Market Research for your company. Should you have any inquiries, please contact us.