A manufacturer successfully diversified into new markets to revolutionize growth trajectory.
Client challenge
- Top line volatility – narrow set of major customers that had highly cyclical demand with protracted buying cycles
- New markets had not been properly investigated, growth path not obvious
- Senior management did not have cohesive plan / without traction
Incentica’s Solution
Enter new, highly profitable markets by:
- Quantify companies core competencies
- Analyze broad set of likely markets at macro level
- Analyze short list of markets on primary data level
- Recommend market entry targets
- Consult with stakeholders to create market penetration plans
- Coach execution of plan to align organizational focus
Impact on client’s business:
Topline stability and growth
- Company grew from $20 million to $120 million top line in 5 years
- New markets were profit positive from day one
- Increase in revenue and topline ultimately catapulted company into successful entry of new $6 billion vertical
Related posts
Related Posts
Get a Call Back
Steve Williams CExP™, CMAA
Partner, Incentica Business Plans
By submitting my data I agree to be contacted