Global Horizons: Charting the Course for Multinational Food Expansion Success

Presented by Schaefer

CHALLENGE

A multinational corporation, renowned for its innovative product line, faced the daunting task of determining the viability of expanding their footprint internationally. With a diverse range of markets to consider, the company needed detailed insights into customer preferences and market sizes across different regions. The goal was to identify which markets held the most promise for successful expansion without risking the brand's reputation or financial stability

SOLUTION

Schaefer Research Services stepped in to provide a strategic roadmap. Employing a combination of advanced market research techniques, including online surveys, in-depth interviews, and sophisticated data analysis, Schaefer meticulously evaluated customer preferences, buying behaviors, and market potential in targeted regions. This comprehensive approach was tailored to unearth the nuanced insights necessary for making informed decisions about international expansion

RESULT

The collaboration with Schaefer led to a series of strategic insights that fundamentally shaped the corporation's approach to global growth. Armed with data-driven confidence, the company launched its expansion into three new markets deemed to have the highest potential based on our research. Within the first year, the corporation achieved and exceeded its initial sales targets in these regions, solidifying its position as a global leader in its industry. The partnership with Schaefer proved pivotal, transforming the daunting challenge of international expansion into a triumphant step forward.

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Schaefer

Schaefer

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Award-Winning, Full Service Global Market Research. Actionable insights for the food, beverage, personal care, and home goods sectors.

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