Octavus Consulting- Evidence-Based Consulting Services.

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Market Assessment & Pricing Strategy​

Case Details

Start Day: 11/07/2024

Clients: Mid-size Diagnostics Company

Tags: Market Assessment, Pricing Strategy, Apac Market Research, China Market Insights, Competitor Analysis, Gtm Strategy, Distributor Mapping, Sales Force Analysis, Laboratory Market Research, Human Intelligence Insights, Pharma Consulting, Biotech Consulting, Life Sciences Strategy, Portfolio Planning, Market Entry Strategy, Competitive Intelligence, Apac Expansion, Healthcare Market Analysis, B2b Market Insights, Commercial Strategy, Demand Heatmap, Team Structure Planning

Project Duration: 12 Months

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Business Address
First Floor, B-66, Sector 63,
Noida, UP, India-201301
Connect With Us
Call us: +91 120 428 0707
bd@octavusconsulting.com
Working Hours
Mon - Fri: 10.00 AM - 07.00 PM
Holidays : Closed

The Story

Market Assessment and Pricing Strategy

Conducted a thorough market assessment and created a heat map of distributor networks and sales structures, facilitating the client in developing a targeted GTM strategy, portfolio planning, and understanding workforce requirements for specific APAC markets, including China. 

What Did Octavus Do

By implementing these recommendations, the Client was able to develop a GTM strategy for APAC along with portfolio planning and pricing strategy.

This also helped our Client understand the unmet need of the consumer and point of market entry along with structure and size of team needs to be developed within the specific geographies of APAC

Data Analysis Chart

The Results

Octavus proposed these solutions based on the research conducted for Client.

Competitor Analysis by looking at all the specific reference providers across APAC (incl. China) and collected details like sales, product portfolio, team size among other details also collected human intelligence including distributor details, pricing, discounts, consumption, team structure etc.
Conducting primary market research to understand the unmet needs of the laboratories (government and non-government) across APAC including China 
Creation of a heat map overlaying the distributor network and sales force structure and network was done based on the data collected from secondary domain and human intelligence to understand the competitor demand hot spots and supply network to draw analogs