Understanding the Competitive Landscape and Forecasting Competitors’ Moves for an Industrial Equipment Manufacturer | Infiniti Research’s Competitive Intelligence Success Story
LONDON--(BUSINESS WIRE)--Mar 21, 2019--A well-known competitive intelligence company, Infiniti Research, has recently announced the completion of their competitive intelligence study for an industrial equipment manufacturer. The study highlights how the client was able to evaluate competitors’ key strategies, anticipate market shifts, distinguish potential business risks, and add value to their product and service offerings.
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Competitive intelligence study for an industrial equipment manufacturer (Graphic: Business Wire)
The declining growth prospects for industrial equipment in Latin America regions resulted in low profits for industrial equipment manufacturing companies. This pressurized companies in the manufacturing industry to reduce their products’ prices. To sustain in the competitive market, it is vital for companies in the manufacturing industry to understand competitors’ performance and evaluate new opportunities in the market.
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The business challenge: The client, a leading industrial equipment manufacturer based out of Latin America, was facing difficulties in evaluating their competitors’ business strategies. They approached Infiniti Research to conduct a competitive intelligence analysis to understand competitors’ performance and evaluate new opportunities in the manufacturing industry. Also, with the help of Infiniti’s competitive intelligence solution, the client wanted to evaluate and understand the supply-demand relationship for their industrial equipment.
According to the experts at Infiniti Research, “Competitive intelligence solutions help organizations to adjust their pricing strategies and make important business decisions based on the activities of their competitors.”
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The solution offered: With the aid of Infiniti’s competitive intelligence solution, the client was able to anticipate the market shift early enough to make a proactive move. They were also able to anticipate competitors’ activities and distinguish potential risks in the market. This helped the client develop a business strategy to enhance their process efficiency. Also, with the help of Infiniti’s competitive intelligence solution, the client was able to accurately estimate the demand for their products and reduce excess stocks.
Infiniti’s competitive intelligence strategy helped the client to:
- Continually keep abreast of market transitions
- Evaluate new opportunities in the manufacturing industry
- Wondering how your business can benefit from Infiniti’s competitive intelligence strategy solution? Request more information from our experts!
Infiniti’s competitive intelligence strategy offered predictive insights on:
- Distinguishing potential risks in the market
- Anticipating competitive activity
- Interested in achieving high growth for your business? Get in touch with us to know how our competitive intelligence strategy can help.
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit:https://www.infinitiresearch.com/about-us
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CONTACT: Infiniti Research
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INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Infiniti Research
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PUB: 03/21/2019 10:33 AM/DISC: 03/21/2019 10:33 AM