Market Environment

 

Market Strategy Overview

Harris Interactive’s Market Strategy Studies are tailored to provide a comprehensive understanding of your market, from its overall size and structure, through to the detailed needs, behaviours and characteristics of different types of consumers and businesses in the market.

We help you assess the make-up of the market, your standing within it, your competitive strengths, weaknesses, opportunities and threats and the priorities and approach required to meet your business objectives.

The key studies we conduct in this area, and some of the key business questions we address, are:

Market Size & Structure:

How big is my market, what is it worth, what does the competitive landscape look like, what are my strengths, weaknesses, opportunities and threats, what are the trends, how should I prioritise and plan to meet my business objectives?

Usage & Attitude:

What are the needs, motivations and perceptions driving uptake and usage, what products and services are being used, how and to what extent?  Do they live up to pre-purchase expectations, what are the challenges, opportunities and future plans

Segmentation:

What are the profiles of the key consumer/user groups within my market, what are their needs, behaviours and characteristics, where do I stand in the competitive landscape, is my product/service/pricing and marketing strategy on target, how should I prioritise and target them, and to what extent?

Given the nature of these studies, there is potential overlap between them and one study can contain elements of all three areas.  However, it is challenging to cover all three themes comprehensively in just one study.

It is important, therefore, to get the focus right so that key objectives are met rather than diluting the study and analysis via too broad a scope.  We take the time to consult fully on the business objectives and stakeholder needs behind each study to ensure we achieve the optimal balance and research design.

Share

Expert

  • Lida-Walsh-1
    Lida Walsh
    Senior Consultant, Brand & Marketing
    Lida has over two decades experience within brand and advertising research areas, focusing mainly on brand positioning and brand strategy, brand/advertising tracking, communication pre-testing and brand communications strategy development. Her main responsibility with Harris Interactive is advising on the design of branding projects and ensuring that actionable brand insights are delivered across all Harris Interactive sectors to clients. Lida’s experience is within global, large scale studies, delivering insight to brand strategies within various markets and regions. Lida has a comprehensive list of blue chips clients working with during her working life. In the past she worked in Advertising, Brand consultancy as well as Research Agency.

What our clients say

  • It is hugely reassuring to know that you are working with a team that really understands and enjoys the subject matter.  Their reports are easy to read and offer great insight, and their approach is faultless and adaptable.