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Trade Research Benefits
At Research Path Associates, we seek to:
- Develop a marketing mix strategy by identifying and catering to the "target market" using the Four Ps (price, promotion, product and placement (distribution).
- Develop consumer based strategy based on the Four Cs – customer solutions, cost to the customer, communication and convenience.
- Focus on distribution factors such as the logistics of getting a product to the target market, including such things as inventory, location, frequency of service, transportation, and distributors. From a marketing perspective, this means considering the purchasing patterns and preferences of your target audience and distributing your product to maximize its convenience to your target audience by
- Address the authority of the retail consumer
- Address the growing importance of the store itself in driving growth
- Develop a framework for defining and building the strategy to strengthening retailers and brands at the retail
- Focus on pains and challenges face by our clients in keeping up with the changing retail environment
- Implement a trade segmentation for our clients that is relevant to the consumer behavior and their shopping habits.
- Help our clients understand the dynamics of the total market.
- Give our clients a holistic picture of the challenges on the products' route to market.
- Develop for our clients an integrated solution that considers the needs of:
- Distribution
- Retailers
- Shoppers
AREAS OF STUDY...
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