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The Challenge:
A leading producer of high performance
packaging materials had developed
a range of new products for the electronics
and medical markets. These products
were recognized for their technical
superiority and value, but were soon
copied by competitors. The business
needed to decide which applications
and market sectors offered the best
opportunity for growth, profit and
sustained competitive advantage.
The Approach:
Market Edge designed and led a range
of research projects to gain an improved
understanding of all of the applications.
Potential customers in each application
were segmented using a combination
of behavioral and purchasing criteria.
Market Edge worked with the business
to prioritize target segments and
to develop appropriate positioning.
Detailed marketing plans were developed
and implemented.
The Outcome:
The business tripled its profits in
key priority segments during the next
three years and attained a 40% reduction
in the cost to serve of non-priority
segments. A sustainable competitive
advantage was achieved through a combination
of technical and marketing capability.
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