The client was developing a business plan for an idea in the watch industry. They needed market research of the watch industry in order to have a good overview of the size of various segments. The main goal of the study was to understand the market but also understand the total watch market size.
We conducted the market research of the watch industry in a few steps. In the first step, we made an overview of the market and the industry. After that, we dug in a little bit more and made a market overview by segments. Furthermore, we searched the top 20 countries. In the last search, by mapping the data on the chart, we succeeded to draw as much information as possible for the brands from different sources. With this, we achieved our goal, understanding the total watch market potential and size.
Testimonial: “Great communication and interaction, asked the right questions in time to clarify scope to get to right deliverable.”
Danco is a serial entrepreneur, founder and CEO of BizzBee Solutions, proud father of a 3-year-old and a burger enthusiast. He is inspired by growth and goes above and beyond to make it possible – whether it comes to his 300+ clients or his people. Eager to learn more? Follow Danco on LinkedIn and Facebook.