A client into Optoelectronics Manufacturing wanted assistance on detailed Competitor Benchmarking study. We not only helped client on identifying key competitors but also assisted evaluating them according to standard parameters. Competitor assessment by parameters included: product pipeline, patents, brand share, revenues, social media presence. Outcome of the research lead to develop improvement on strategies. Client got benefited by having edge on Competitors in the Marketplace.
2. Case Study –Optoelectronics Competitor Benchmarking
A leading Optoelectronics manufacturer wanted a
detailed competitor benchmarking study in order to:
Identify its key competitors
Evaluate them according to standard parameters
Assess competitor strength
Develop strategies based on a better
understanding of its competitive position
REQUIREMENT
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3. Case Study –Optoelectronics Competitor Benchmarking
• The in-depth research and findings was delivered to
the client as:
Overview and findings
Competitor peer group with justification
Competitor assessment by parameters including:
product pipeline, patents, brand share, revenues,
social media presence.
Weighted competitor ranking based on
parameter scores
Assessment of the client’s competitive position
based on its benchmarked strengths and
weaknesses
Competitive strategy action points
SOLUTION
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4. Case Study –Optoelectronics Competitor Benchmarking
• We conducted thorough research of the specific
industry in Opto Electronics through:-
Secondary research: Company websites, annual
reports, social networks, IEEE, FDA, US Patent
Office, European Patent Office.
Primary research: Interviewing top level
management, Decision makers, Sales Head, R&D
Head, University Professors.
Our Analysts (industry experts) used the information
gathered from the above sources, analyzed the
data and offered a two-format solution to the
client.
METHODOLOGY
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5. Case Study –Optoelectronics Competitor Benchmarking
• Based on the study the client was able to:
• Identify its strengths and weaknesses and
develop improvement strategies.
• Understand which competitors posed the
greatest threat.
• Target competitor weaknesses.
• Gain competitive advantage, helping to improve
the clients’ competitive ranking over the next
year.
CLIENT BENEFITS AND
FEEDBACK
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