A 2023 report by the International Marketing Association (IMA) indicates that companies that conduct professional market research have a 62% higher website conversion rate than those that do not (Source: ima-global.org ). World Trade Organization (WTO) data shows that precisely targeted websites reduce customer acquisition costs by 55% (Source: wto.org ).
I. Three-Dimensional Analysis Method of Target Market
1. Macro-environmental scan
- Key metrics :
- Customs import and export data
- Industry growth rate
- International Business Analysis Association (IBA) standard : Analyze data trends for at least 3 years (Source: iba-world.org )
Typical Case : A building materials company discovered through data analysis that demand in the Southeast Asian market was increasing by 23% annually, and promptly adjusted its website positioning.
2. Cultural Preference Insights
- Color Taboos
- Payment habits
- Content style preferences
II. In-depth analysis of competitor websites
1. Core Dimension Analysis
- Product Display Logic
- Conversion path design
- Content Strategy
2. Identification of Differentiated Opportunities
- Unmet needs
- Innovative Space for Exhibition Formats
III. User Profile Building
1. Decision-maker Profile
- Job Role
- Key Focus
- Decision-making process
2. User portrait
- Use cases
- Pain points and needs
- Information acquisition channels
IV. Product Positioning Verification
1. Core Selling Point Testing
- Keyword search volume verification
- Customer interview feedback
2. Price Acceptance Survey
- Regional price comparison
- Competitive pricing analysis
V. Recommended Research Tools
1. Free tools
- Google Market Finder
- Facebook Audience Insights
2. Professional Services
- Industry report procurement
- Localization Research Team
Recommended related articles: A review of the best website building solutions for 2025
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