Register from the 2024 Salone del Mobile Milano to see market research and competitive intelligence

Mondo Finance Updated on 2024-01-30

The Salone del Mobile 2024 is a grand event for the global furniture industry, attracting furniture manufacturers, designers, buyers and industry experts from all over the world. The show is not only a platform to showcase the latest design and innovative technologies, but also a great opportunity to conduct market research and gather competitive intelligence. This article will analyze how to conduct market research and competitive intelligence gathering from the Salone del Mobile Milano in order to guide those involved in the furniture industry to make better use of this opportunity.

Market research is an important way to understand market needs and trends, and the Salone del Mobile is an excellent platform for market research. Visiting exhibitions to learn about furniture designs and styles from different regions and brands can help businesses better grasp market demand. By observing the products of different exhibitors and collecting the latest trends and design concepts in the market, it can provide an important reference for the future product development and positioning of enterprises. In addition, you can communicate with professionals from all over the world to understand the characteristics and development trends of the furniture market in various countries, and provide valuable information for enterprises to formulate internationalization strategies.

In addition, the collection of competitive intelligence is also one of the important purposes of participating in the Salone del Mobile del Mobile. The exhibition brings together many furniture manufacturers and brands from all over the world, and through the observation and analysis of competitors' products, publicity and sales strategies, enterprises can help adjust their product positioning and marketing strategies in time to maintain a competitive advantage. By collecting competitors' product information and pricing strategies, it can help enterprises formulate their own strategies more scientifically and reasonably in terms of pricing, and avoid the erosion of corporate profits by competition. At the same time, you can also learn from the marketing methods and channels of competitors to enhance the influence and popularity of your own brand.

To do a good job in market research and competitive intelligence gathering, you need some skills and methods. First of all, it is necessary to have clear research objectives and priorities, clarify the needs of their own enterprises, and collect information in a targeted manner. Secondly, it is necessary to pay attention to the accuracy and comprehensiveness of the data, collect information through diversified channels, and ensure the reliability of the information. It is also possible to use modern technological means, such as the use of smart devices and collection software, to collect and analyze more refined and systematic information on products and competitors. Finally, it is necessary to collate and analyze the collected information in a timely manner in order to provide a reliable basis for the company's decision-making and strategic adjustment.

To sum up, participating in the Salone del Mobile Milano is an important way to conduct market research and collect competitive intelligence, which can help relevant practitioners in the furniture industry to better understand the market demand and competitive landscape. By making the most of this opportunity, companies can adjust their product and marketing strategies in a timely manner, maintain market competitiveness, and achieve long-term sustainable development. Therefore, it is recommended that relevant practitioners in the furniture industry pay attention to market research and competitive intelligence collection in the process of participating in the exhibition, so as to provide strong support for the development of enterprises.

Friendly reminder: Individuals and institutions engaged in outbound tourism business who do not have an "outbound travel business license" or who have not signed a formal contract designated by the tourism bureau are involved in illegal business operations and will be reported to be criminalized and suspended for rectification at any time. If you have any questions, you can contact the official verification of the Law Enforcement Brigade of the Local Bureau of Culture and Tourism, and ** private message "Milan Exhibition" will automatically receive the "2024 Milan International Furniture Fair Study Tour and Exhibition in Beijing, Shanghai, Guangzhou and Shenzhen at the same time The electronic version of the itinerary".

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