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For companies looking to identify and prioritize the entry to new international markets.
A Business Market Intelligence Consultant (BMIC) is a dedicated professional responsible for helping companies understand new market dynamics. The primary role of a BMIC is to enhance your company’s understanding of the market dynamics to effectively enter new markets.
Identify and quantify the potential of new markets for the company’s products or services.
Understand and evaluate the inhibitors and barriers that could impact the company’s entry into new markets.
Conduct in-depth analysis of competitors, including their strategies, strengths, weaknesses, and market positioning.
Assess the level of technology adoption in the market and the maturity of these technologies.
Adapt the company’s and product’s positioning and messaging to be more relevant when entering new markets.
By cultivating and nurturing relationships with other businesses, clients, and potential partners, a BMIC can provide valuable insights into market trends and competitive dynamics. This role is crucial in driving the company’s strategic direction and contributing to its success in new markets.
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