Analysis of the smartwatch market in Italy
Check out how we helped our client before entering a new market!
Free consultation ContactConsulting service for Garett Electronics
ConQuest Consulting team completed a consulting project for the company Garett Ltd . The company is a leading manufacturer of smartwatches and a brand that represents the latest trends in the world of consumer electronics.
Our client has decided to expand its business by entering the Italian market with its products. With our consulting services, Garett is able to effectively make informed business decisions during the internationalization process!
What activities were included in the project?
At the outset, we performed a comprehensive market analysis, which included. Volume and dynamics of retail sales of watches, the most important trends currently occurring in the industry, the structure of sales by manufacturers, as well as by distribution channels.
The next step was mapping and selecting potential contractors, with which Garett could enter into future partnerships. We then analyzed Growth dynamics of the largest producers in the Italian market, to learn about potential threats or opportunities from competitors.
All the activities described above allowed us to develop strategic applications for our client, with which it can make the right business decisions when entering a new market!
Consulting results for Garett Electronics
In carrying out this project, the company received A specially tailored, comprehensive report, which detailed analyzes key factors Influencing the company's growth prospects in the selected market.
Wojciech Sieradzki, Director of Exports, said this about our cooperation:
"ConQuest Consulting demonstrated a deep understanding of our sector and its specific needs. The materials provided were not only relevant and practical, but also innovative. Communication was always clear and timely, allowing us to fine-tune the report to meet our needs."
Our work has led to the formulation of Strategic recommendations based on acquired market data. Thanks to our help, the company now has a concrete development plan and is aware of the opportunities and risks involved in entering a new market.
If your company also needs support in the internationalization process, we encourage you to make an appointment for a free consultation, and we will be happy to outline how we can help you!