Information on prevailing trends and recent developments is absolutely essential for companies looking to make a mark in an industry.
At Fortune Business Insights we o?er insights into a multitude of industries. We analyze the role of the latest technologies in sustainable industrial development. Our reports provide insights into impact of radical innovations and technologies forecast to revolutionize business operations. Depending on our clients’ requirement we also study the e?ect of industrialization on a given market across diverse regions and countries. Strategies adopted by the market players to establish a stronghold are analyzed in detail. Our studies also evaluate the impact of mergers and acquisition on an industry. Besides this, growth prospects across emerging markets are gauged to help our clients witness an accelerated pace of gains.
At Fortune Business Insights we strive to identify socially inclusive development opportunities to help industries capitalize on an equitable distribution of bene?ts.
The key objective of the client is to expand into the Indian market, mainly in the West and North, through a network of channel partners.
The client wanted us to identify and shortlist some potential distributors to expand its customer base and business in
the Indian market.
Our research methodology was a combination of secondary/desk and primary research process.
Our team built a long list of 100+ potential distributors through desk research, which were initially evaluated based on secondary research.
Developed a short-listing criteria and rating mechanism based on our discussion with the client. Next, primary interviews were
conducted with those shortlisted companies
to evaluate and collect information.
Shared a long-list of potential distributors segmented by region in the excel format and defined the minimum selection criteria for the long-list of distributors to qualify them for the medium list.
Approximately 15-16 companies were shortlisted based on the selection criteria and ratings mechanism.
Conducted interviews/meetings with all the 15-16 shortlisted distributors to understand their willingness to cooperate, size of the company, team size, warehousing capability, ability to handle auto lubricant business of specified volume as required by the client, etc.
Prepared detailed profiles of 15-16 shortlisted distributors to share with the client so that they can internally decide and finalize the most
suitable distributors.