Business Development Services, Inc.
* Founded 1981 *
BDS Market Research Services
to
Increase Market Penetration and Raise Profit Margins
for
New and Established Products and Markets
* Market Assessment of Size, Growth and Shares *
Establishes quantitative basis for strategic planning, assessing potential for
new products, planning capacity, managing sales territories, and measuring
competitors' market penetration. Forecasts growth rates, defines customer
plans and assesses the markets' driving forces.
* Market Segmentation *
Identifies the fastest growing and most lucrative segments and niches within
major markets. Allows resources to be concentrated on similar, recurring
applications and redirected from costly one-time uses with high risk guarantees.
* Product Positioning *
Determines the position of products and services relative to those of the
competitors based on customers' appraisals. The customers designate the
most important product and service attributes and rank the performance of
the competitors on those attributes. Enables clinents to capitalize on
their products' strengths, and take action on their weaknesses while
exploiting their competitors' shortcomings. Raises effectiveness of
advertising, sellin and promotion, and allows unwanted features or
services to be eliminated.
* New Product Launches *
Determines product performance, characteristics, features and services
sought most by customets. Identifies customers' preferences reguarding
tangible and intangible characteristics, defines site-specific and
application-specific needs and delineates the strengths and weaknesses
of competitive products. The potential and viability of new products are
verified before large development costs are incurred.
* Market Research *
- Market Assessment
- Market Segmentation
- Product Positioning and Image
- New Product Launches
- Customer Satisfaction Studies
- Competitive Intelligence
- Benchmarking
- Acquisitions and Divestitures
- Development and Qualification of Sales Leads
- Consulting
* Business Analyses *
- Market
- Industry
- Product
- Technology
- Economic
* Customer Satisfaction *
The customers' level of satisfaction, the customers' reasons for choosing
one product over another, the customers' needs and complaints are all
defined and analyzed. The supplier's response to these conditions and
corrective action is measured and tracked. The factors that interact to
raise or lower customer satisfaction levels are determined to set priorities
for, and measure the impact of , total quality management (TQM) programs that
are geared to "meet or exceed customer expectations." Used alone or in
conjunction with quality projects, customer satisfaction programs regularly
cut the number of lost customers and attract new ones. Customer
satisfaction programs must be controlled and managed internally. BDS'
role is to assist with the system design and to conduct selected surveys.
* Competitive Intelligence *
Defines and evaluates competitors' functional capabilities, strategies,
strengths and weaknesses for the business as a whole. Assesses distribution
systems and the effectiveness of selling and promotional activities.
Provides complete and reliable profile of competitors.
* Benchmarking *
Assists clinets to creatively duplicate the most successful offerings in
the marketplace. Competitors' production methods, designs and quality
management are delineated, along with the organization and support of
customer services.
* Analysis of Acqisitions / Divestitures *
Verifies or establishes sellers' claimns about market share, growth
potential and customer base. Identifies full range of competing process
and products, and evaluates sellers' quality, service and customer
satisfaction. New competitors and changing customers are disclosed.
* Development and Qualification of Sales Leads *
Optimizes sales time with "live" prospects, reduces costs associated with
prospecting, improves management of sales territories, measures salesmen's
performance. Avoids large productivity losses associated with random sales calls.
* Consulting *
BDS consulting services are avaiable to assist with the design and
implementation of programs to capitalize on the information generated by
market research. BDS is also avaiable to assist in the design and
development of, or to provide an independent review of, in-house market
research, marketing, sales and customer satisfaction activities. The
effectiveness of existing programs can be optimized with fresh ideas and
additional training.
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Contact Us
BUSINESS DEVELOPMENT SERVICES
100 Triangle Plaza, Suite 18
Harriman, NY 10926
Phone (914) 783-1779
Fax (914) 782-3166
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