Waterproof Membrane Market Entry and Branding
The Client’s Challenges
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Unique, direct to earth, below grade waterproof membrane developed to compete in a mature China market
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Client’s brand not known in below grade sector and sales team had no experience with waterproofing products
Objectives
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Develop market entry strategy for client’s new product to penetrate into China’s commercial construction and public infrastructure markets
Deliverables (24 Weeks)
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Phase I: Market assessment: market size, regulations, competitive landscape
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Phase II: Selections of specific markets to introduce and brand new membrane
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Phase III: Training client sales force to make presentations to design institutes and developers
Processes
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50+ in-depth face-to-face interviews and over 300 telephone interviews
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Conducted 15+ seminars in architecture design institutes in North and South China
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Trained client’s sales team
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Submitted three phase reports along with all interview notes and all contact details for client follow up
Results
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The client has established the qualified sales team with PIM’s training
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PIM uncovered 11 immediate leads
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Sales volume reached 5 times more than projected for the first year