Market map

Understanding and unlocking new market opportunities can feel daunting. With Market map, you gain the insights needed to make confident, data-driven decisions that pave the way for growth.

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Uncover opportunities, navigate markets

Market map is here to guide you through the process of answering some critical questions when you are considering entering a new market or identifying new growth areas.

  • What is the size of the opportunity of my brand’s product or service in a new market?
  • What would happen if we expanded our product range to include [X]?
  • Could we stretch our brand to appeal to [X] audience?
  • What’s the makeup of the competitive landscape?
  • What are our relative strengths, weaknesses, opportunities, and threats?

Market map offers a comprehensive view of your market, helping you to:

Know your audience: Identify who they are, how they think, and what they do. Uncover unmet needs to drive success.

Know your competitors: Assess how your target audience perceives competitors, revealing strengths, weaknesses, threats, and opportunities.

Know your potential: Understand consumer responses to your product, service, or brand, including purchase likelihood and market size.

Why choose Market map?

Market map offers clear commercial advantages, whether exploring new markets or growth areas within existing ones:

  • Pinpoint growth opportunities: Identify high-potential audience segments and understand the unmet needs you can address.
  • Outsmart the competition: Gain a clear picture of your competitors’ positioning and uncover your unique advantages.
  • Maximise market potential: Evaluate how your product or service resonates with consumers and determine the size of the prize.
  • Boost ROI on NPD efforts: Focus your resources on ideas with the highest potential for success.
  • Adaptable across contexts: Whether exploring new markets, refining existing strategies, or testing audience responses, Market Map is designed to fit your needs.

 

How does it work?

Market map uses a modular approach, allowing you to tailor surveys to your specific needs. Whether you’re at the initial exploration stage or ready to develop a strategy, our flexible modules provide actionable insights.

You can opt for an end-to-end market evaluation or get high level metrics to feed early insight into your NPD process.

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