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Market Structure Studies: Total Market Understanding for Strategic Development and Innovation

Increasingly there are less performance differences between products. Where differences exist, they are likely to have been built on a more ethereal basis, around branding, image and associated equity appealing to the understated needs and emotions of consumers. Shortened time-to-market by competition and fast moving consumer goods trends often quickly negate any significant advantage. Therefore, having a thorough and current view of the total market – the underlying attitudes, needs and beliefs that ultimately define consumer behavior – through strategic research provides an increasingly important road map for strategy development, innovation and brand planning.

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