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History and
experience
EDG has been
performing general as well as specific market research for many of
the top companies in the large area electronic display and component
industry for
close to 26 years. We are known for our experience, versatility,
timeliness, and confidentiality.
Our first project,
years ago, was for a Japanese company that was at that time
introducing its first tri-color LED module. The management wanted to
know the sales potential of this product, explore further design
demands and really what were the markets' needs. EDG was contracted
to find these answers in a timely and confidential manner. The
results of the research helped usher in a new era for LED display
products. In the early 1980s EDG was known for its business
consulting services and performed in-house research to support the
consulting. This first project marked the beginning of EDG's Client
based research program that has been very specific to meeting the
needs of this industry and its companies ever since.
EDG employs a variety
of standard quantitative and qualitative research and analysis
methods (modeling, conjoint
analysis - choice based or preference based) to obtain the required
results. EDG conducts primary research through interviews, surveys, one-to-one interfacing
with buyers as well as implementing Focus Groups.
Each year our
research team travels extensively throughout Europe and Asia
performing various research projects (both in-house and Client based
research), attending shows and meeting
with end users and manufacturers alike.
It is this first hand
knowledge that has given EDG a unique advantage in tracking and
comparing all aspects of this industry; providing balanced
unbiased results.
EDG has also
developed close relationships with end user market segments that
further enables EDG to stay on top of changes and market directions.
Results of EDG's
market research projects have provided invaluable information to
manufacturers' programs such as:
New Product
Development
Product
repositioning
Forecasting
Market entry and
segmentation
Pricing decisions
EDG quickly and
confidentially finds answers to questions such as:
Which new products
will be successful?
Which features or
attributes of a product or service drive the purchase decision?
Do specific market
segments exist for a product?
Will changes in
product design increase end user preference and sales?
What is the optimal
price to charge for a product?
Can price be
increased without a significant loss in sales?
plus much more. . .
Why is Market Research important?
EDG has over the years seen companies fail because of lack of market
research; which produced wrong information on market sizes, competing
products and inadequate product design.
Market Research is an important business building block no company can
overlook. It can provide your company with insight and understanding
of the markets, the environment and the competition.
It provides the necessary validation needed for the development of
marketing strategies, product designs and it helps minimize risks.
Market Research gives you the reinforcement to:
Assess Product Potential
Identify Market Opportunities
Develop and prepare due diligence reports and business plans
Prioritize strategies
Determine your company's position within the market
Identify current and future Product requirements
Lower development investments and assess risks
Uncover Potential Product and Market niches
Identify and assess impact of changes in existing products and the
introduction of new products
Contact EDG for all of your Market Research requirements . . .
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