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Identifying Target Markets

There are nearly 200 countries in the world - from giant USA (9.1 million sq. km) to Tuvalu (9 square miles). If your resources are limited (true for most SMEs) you can afford to focus on no more than two or three best-prospect markets.
   
Market research based on analysis of export transaction data of your product for last few years is a reliable and objective way of identifying target markets. Such analysis provides multiple indicators for identifying target markets as per your sales strategy. For example - it may help you find:
  • Largest markets
  • Fastest growing markets
  • Shrinking Markets
  • Best Price Realisation Markets, etc.
infobanc offers market research based on reliable and authentic data such as Trade Statistics released by Ministry of Commerce, Govt of India; daily export import shipment records released by Customs; statistics published by accredited Industry organizations such as FICCI, CII, ASSOCHAM, ACMA etc.
   
Please click here for more information and list of Market Research Reports
 
 
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