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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.
ABOUT THIS CASE STUDY
Business issue:
Market research specialties
Product Market Research
Strategic Research
Market Opportunity Evaluation
Market Segmentation
Full Service
Quantitative Research
Qualitative Research
Hybrid / Mixed Methodology
Secondary Research / Desk Research
Field Services
Field Audits
Pre-Recruiting
Management
Online - Quantitative
Questionnaire Design
Questionnaire Coding
Executives / Professionals
One-on-One / In-depth Interviews (IDIs)
Mobile Surveys
Web Broadcasting / Streaming Video
Online Panels
Proprietary Panels
Surveys
Questionnaire / Survey Design
Survey Programming
Survey Reporting and Analysis
Qualitative Services - General
Survey Recruiting
Online - Qualitative
Acquisitions
Investment Banking
Foods / Nutrition
Consultation
Cross-Tabulation Systems
Data Visualization & Dashboards
Panel Data Processing
Artificial Intelligence / AI-Powered Platforms
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