The Guiding Lights of Coral, A Strategy Consulting Firm

Strategy is much more than just a plan. Strategy consulting firms are much more important for the future of any enterprise that seeks to grow in their business.  It’s the time of year that we here at Coral are thinking one thing: surveys. We think this is what most strategy consulting firms would be busy with. To get the information from company insiders that informs our rankings and company profiles, we spend months surveying employees, reading the results, and condensing them to bring to a variety of leading companies, a profile of how life is, across markets. Does strategy determine resource allocation? Is every employee empowered to execute the strategy you think of? At Coral, we see strategy as much more than a plan. It is our core business. We work with companies in every industry to develop strategies that deliver results. We are happy to have helped several clients across a myriad of industries to develop and deliver winning strategies. As a strategy consulting firm, these are some points that guide our thought processes: See things that others miss. This is important to come up with creative solutions to create value in any business. We believe it is crucial…

Specialised Market Research – A Tailor Made Approach

The main aim of market research services is to understand the environment. Finding out what is the exact requirement is key to providing exact solutions. This is why specialised market research is important. The first person to conduct ‘market research’ was apparently Alexander III of Macedon, better known to the world as Alexander the Great . After conquering a territory, his soldiers would conduct a basic form of ethnography to ease the amalgamation of newly-conquered people with Greek customs and culture. The respondent selection process employed at that time were obviously different from the specialised market research prevalent today In terms of qualitative research, integrating classic and breakthrough methodologies has led to the creation of multiple information streams that combine local expertise with a global strategic diagnosis to deliver unique insights. When correctly implemented, these new understandings can improve revenue, market share, profitability and long-term brand asset value. Specialised market research has a tailor-made client approach. It has a definite ability to deliver immediately applicable solutions. Technology has had a major role to play in this specialised market research.  Qualitative research is not just about focus groups anymore. Smartphones, tablets and/or webcam-enabled laptops have provided another powerful gateway for qualitative…

India Market Entry Strategy – Why India Works

India has become a very compelling investment destination, as a result of the size of the population and the current relatively low GDP per capita. All facts and figures are conducive to growth of investment in India, provided strategies are made bearing certain points in mind. Economic growth is driven by the increasing consumer spending power of the Indian population. The coming years India will become one of the largest consumer markets in the world; and hence a market entry strategy into India is worth considering. India is also an attractive destination for Foreign Direct Investment (FDI) due to its first-class outsource destinations, which offer cheap and skilled labour pools. Moreover, the Indian government focuses on implementing investor-friendly policies, which enhances the attractiveness of the Indian market. Numerous multinationals have already entered the Indian market successfully. Formulating an inclusive India market entry strategy can help you to become successful in the Indian market, whether you are looking to invest in production facilities or to target the consumer or b2b market. India has a large infrastructure that is continuously expanding. Furthermore, due to its central location companies can easily reach Middle-Eastern, African and South-Asian countries as well. According to National Sample…

An overview on Custom Market Research Services in India

Custom Market Research Services provide customers with the exclusive information they need to stay ahead of race in today’s fast paced business atmosphere. For instance, instead of wanting the comprehensive market analysis, as a business you could just want to know how well your specific brands are doing in the marketplace. What is the thing absent in these products and what can be features added for improvement? For such a drive, the best option is custom market research services. As the name suggests, custom Market Research Service customizes their role as per your requirements. Thus, initially many market research firms start as custom market research services in India and then move on to syndicated market research service. Custom research offers a personalized method for researching niche topics. For example, if a company wants to acquire information about snack bars, outside their traditional brand shares. They also want to look at product designs and enhancements to see if it is possible to upsurge sales for the brands and the overall category. This kind of information would call for a custom research project. Singapore and UK clients who are looking at entering Indian market take help from Custom Market Research before launching…