Market Entry | Export Strategy | Market Research
Home DIY Brand
This DIY brand had established a successful business in the Irish market when they decided to explore the French market. They needed a full assessment of the opportunity and a plan to enter the market if this was deemed feasible.
The company has limited market intelligence on the attractiveness of the French market beyond personal visits to the market where they felt there would be an appreciation for their product. IMS were tasked with initially completing a feasibility study on the market and following this the development of a market-entry plan.
Our project lasted three months and looked at the following in detail:
At the end of the research phase, a formal market entry strategy was prepared for the company. This plan presented a positive opportunity for our client on the basis that they made minor changes to their product offering to reflect local buyer preferences.
In addition, the marketing plan required investment in the localisation of all sales and marketing materials along with the recruitment of a local partner who could manage retail accounts and customer service.
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