Invest in Research When Entering a Global Market
When your business is planning to enter a new market, it is important to have accurate and up-to-date information about the industry. This will help you to determine the size of the market, its competitive environment and consumer buying trends. It also helps to formulate solutions and strategies that can benefit your business.
Invest in Research
Having a well-researched business plan is crucial to the success of any organization. The information you gather will give you an idea of the competition in your industry and help you to identify opportunities for growth and profit. It is vital to have an up-to-date business database that can provide you with reliable statistics, graphs and charts to support your decisions.
Global markets are a major focus for businesses today, requiring a company to adapt its marketing strategy for each local market. This may involve adapting the design of a product, changing merchandise specifications, advertising strategy and pricing.
In addition, companies must take into account cultural differences when marketing their products to foreign customers. This can include adapting the product to a country’s cultural norms and values, modifying advertising strategies and offering after-sales service.
The International Monetary Fund predicts that the global economy will experience stable growth in the coming years, aided by the recovery of commodity prices after a prolonged decline. Moreover, emerging markets will experience significant growth as they become more developed and competitive in the world economy.
For more information on a specific market, search for reports that cover the entire industry or for more detailed data, use resources such as Business Source Complete and OxResearch.
Online databases that are especially helpful for researching international markets include Mintel Reports and D&B Hoovers. The former covers UK, European and international markets, while the latter provides market data and analysis for all countries worldwide.
MRI Plus University Reporter offers numeric survey data reflecting the preferences of millions of adult consumers in the US. This includes media choices, demographics and lifestyles. It also includes a full list of brands used by consumers in hundreds of product category classifications.
A database that combines hard-to-find business statistics with easy-to-understand market analysis. This resource enables students to find information on a wide range of industries and topics, including technology, energy, and manufacturing-related fields.
Access to the largest collection of scholarly and trade business research journals. This includes indexing and abstracts for over 3,000 titles. This database also features investment research reports, industry research, and country reports.
Browse by subject area and keyword, or narrow your search by using the drop-down menus at the top of each page. You can also search by title and author.
The database focuses on providing the latest news and information about the global market and its developments, covering industries and sectors such as finance, agriculture, food, electronics, chemicals and metals, pharmaceuticals, transportation, and other economic and social activities. It also provides a wealth of business news articles and market reports, as well as case studies, management research and videos.
When your business is planning to enter a new market, it is important to have accurate and up-to-date information about the industry. This will help you to determine the size of the market, its competitive environment and consumer buying trends. It also helps to formulate solutions and strategies that can benefit your business. Invest in Research Having a well-researched business plan is crucial to the success of any organization. The information you gather will give you an idea of the competition in your industry and help you to identify opportunities for growth and profit. It is vital to have an up-to-date business database that can provide you with reliable statistics, graphs and charts to support your decisions. Global markets are a major focus for businesses today, requiring a company to adapt its marketing strategy for each local market. This may involve adapting the design of a product, changing merchandise specifications, advertising strategy and pricing. In addition, companies must take into account cultural differences when marketing their products to foreign customers. This can include adapting the product to a country’s cultural norms and values, modifying advertising strategies and offering after-sales service. The International Monetary Fund predicts that the global economy will experience stable growth in the coming years, aided by the recovery of commodity prices after a prolonged decline. Moreover, emerging markets will experience significant growth as they become more developed and competitive in the world economy. For more information on a specific market, search for reports that cover the entire industry or for more detailed data, use resources such as Business Source Complete and OxResearch. Online databases that are especially helpful for researching international markets include Mintel Reports and D&B Hoovers. The former covers UK, European and international markets, while the latter provides market data and analysis for all countries worldwide. MRI Plus University Reporter offers numeric survey data reflecting the preferences of millions of adult consumers in the US. This includes media choices, demographics and lifestyles. It also includes a full list of brands used by consumers in hundreds of product category classifications. A database that combines hard-to-find business statistics with easy-to-understand market analysis. This resource enables students to find information on a wide range of industries and topics, including technology, energy, and manufacturing-related fields. Access to the largest collection of scholarly and trade business research journals. This includes indexing and abstracts for over 3,000 titles. This database also features investment research reports, industry research, and country reports. Browse by subject area and keyword, or narrow your search by using the drop-down menus at the top of each page. You can also search by title and author. The database focuses on providing the latest news and information about the global market and its developments, covering industries and sectors such as finance, agriculture, food, electronics, chemicals and metals, pharmaceuticals, transportation, and other economic and social activities. It also provides a wealth of business news articles and market reports, as well as case studies, management research and videos.