Automotive Components Manufacturer Devises Effective Marketing Strategies using Competitor Analysis
LONDON: Infiniti Research, a global market intelligence solutions provider, has announced the completion of their latest competitor analysis for a leading automotive components manufacturer. The production of automotive components is gradually shifting focus towards Asian countries due to the higher market potential and the low-cost of manufacturing. Additionally, there is also a steep rise in competition in the automotive components market.
“With the help of competitor analysis, companies can identify and profile competitors and analyze their core strategies to determine their strengths and weaknesses. Automotive components manufacturers can also use competitor analysis to efficiently analyze their current and future market share within the industry space, “says an expert at Infiniti Research.
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The solution offered helped the automotive components manufacturer to increase their focus on assessing the competitors. The client also devised a robust go-to-market strategy with which they achieved relevant insights into the preferences of their customer base and efficiently meet changing customer demands.
Additional Benefits of The Competitor Analysis
- Identify the possible opportunities and threats in the industry space
- Analyze the competitors’ market share, current and past strategies, and the extent of services provided to their customers.
- To know more, request a free proposal