Marketing Research of Promising Countries for Market Entry with Tire Cradles
Client: Elektrofarfor 2000
Key Research Objectives
- Analysis of promising countries for market entry with busbar supports
- Development of a potential action plan for entering foreign markets
To gather information, the MCG team applied the following methods
- Expert interviews, where the selected experts were Ukrainian scientists who attend international forums and seminars on energy development or participate in the construction of energy facilities in other countries.
- Analysis of secondary information sources: the internet and specialized publications in the energy industry.
Research Process and Results
- During the expert interviews, a list of countries planning the development of high-voltage networks and the construction of new substations was compiled. Additionally, the experts provided valuable insights into the challenges a Ukrainian manufacturer would face when entering foreign markets and how to find customers in other countries.
- During the desk research, a database of companies in foreign countries—potential customers for busbar supports—was prepared.