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What is a Market Study?
Are you planning to
enter a new market, in Puerto Rico or abroad?
Do you need to know if there is potential for a new service or product?
Then, you should conduct
a market study to assess the likelihood of success.
A market study gathers
all the data available on specific economic sectors and defines the
market potential, market trend, future
growth, major players,
etc. If necessary, we conduct surveys to collect primary information.
We can assist you in selecting a site for a business or
evaluating the potential for different sites. We use sophisticated
models based
on GIS (Geographical Information Systems) or electronic maps. These
maps are
fed with
economic and demographic data, construction permits, car distance to
the competition, and size of business around the possible sites. We
have developed
the Market
Potential Index, a proprietary mathematical model that calculates the
business potential for each site.
Who needs a Market
Study?
- Firms planning to
introduce a new product or open a new site, in Puerto Rico or abroad.
- Business engaged in
strategic planning and implementation process.
- Business assessing
their market position vis a vis the competition.
Our Experience in
Market Studies
:: Abstracts
of some Market Studies ::
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