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Marketing research in Hainan and China is your guide on the market!

 

Before opening any kind of business, it is necessary to conduct market research. However, many foreigners working in the markets of China, Hainan and neglected marketing research, where they're going to start a business, which is why many businesses are foreigners, opened a year or two in Hainan and China has now been closed because their owners have taken decision to commence business as a result of superficial analysis of the market, without a proper feasibility study, this led to the fact that the cost of public business was higher income from this business. For example, most shops, restaurants and bars, open the foreigners a year or two ago in Hainan, have now been closed by their owners because they were too lazy to conduct a detailed study of the market, as well as anticipated revenues and expenditures, in reality, rent, utilities payments, taxes, other items of expenditure were higher than planned business owners. And they are sunk costs were much more thorough cost marketing issledovaniya.Chtoby be successful in the markets of Hainan and China, should at least know:

  • volume and market structure

  • consumer preferences

  • competitor analysis

  • market trends.

Our company will help you obtain this information using the latest technology market research.

We conduct market research real estate markets, tourist services, transport services, hotel services, etc., as well as market research on various commodities. Investigations include a full list of the necessary analytical information in the form of analytical findings, tables, graphs, charts.

Our principles in marketing research:

  • maximum possible sampling

  • competent processing of information

  • data checking

  • detailed analysis of the situation.

We are working on the following main types of marketing research.

1. Defining the market

    Usually, to characterize a particular market, we solve the following tasks:

  • The determination of the market (market size, both in monetary and in terms of volume). The larger the market, the more attractive for large parties. The market allows us to define its place in the market (market share);

  • Determination of market dynamics, which allows us to understand the direction of the market, its attractiveness to new entrants, the degree of competition, etc.;

  • The volume and value of available resources for the production of investigational product (the market of raw materials);

  • The profitability of the industry;

  • Pricing in the market;

  • Assessment of the degree of competition in the market, strengths and weaknesses of market participants;

  • Determination of market demand;

  • Determining the direction of the market, by analyzing the related markets, the dynamics that affect the development of the investigated market

Depending on the specific project objectives of marketing research are specified.

 

2. Competitive analysis

    Competitive analysis allows to solve the following tasks:

  • Determine the number of competitors and their concentration in the market;

  • Location and distribution of competitors in the regions under study, the activity in the market;

  • Determination of the dynamics of the concentration of competitors, the life of the market, the duration of the participants in the target market;

  • To assess the range of products / services by each participant of the market and identify niches;

  • Determine the pricing policy of competitors, the extent of price competition by analyzing and comparing prices, price segments of the investigated product;

  • Identify the scope of competitors in addition to investigation of activity (main and secondary activities, priorities);

  • To assess the strengths and weaknesses of competitors;

  • In agreement with the customer segmentation, competitor for the reception of qualitative and quantitative parameters using the statistical package SPSS.

3. Polls buyers, identify consumer preferences

    For such studies the content of surveys depends on the tasks, but as a minimum, include:

  • Determination of the average frequency of purchases of goods investigated

  • Determination of the preferences and requirements of consumers in respect of the producing country, assortment, shopping places, etc.

  • Definition of socio-demographic portrait buyers investigational product

  • Segmentation of consumers with opportunities statistical package SPSS: by frequency of purchases / preferences and socio-demographic profile, by commodity groups, etc. (Any option in accordance with customer)

Our study may be executed in any of three languages: English, Russian, Chinese.

 

To order a market research, specify your problem and send them to our address: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

You can also buy ready-made marketing research, market reviews of Hainan and China, and market analysis of Hainan and China.

 

WEATHER IN SANYA AND OTHER CITIES OF HAINAN ISLAND- THE DETAILED MAP: http://hainanwel.com/en/hainan-news/1633-meteorological-data.html


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