Areas of Expertise

Competitor/Market Analysis ........
         One of the primary disciplines that Evans Hagen & Company provides its clients with is accurate and up-to-date information and analyses regardless of the type of project they are asked to perform.  Studies generally take the form of basic market and competitor analyses, and Evans Hagen & Company uses both primary and secondary means of securing the relevant information.  One of the distinctive features of Evans Hagen & Company that allows the organization to perform its tasks so capably is its long-standing presence within the market, and in particular the telecommunications industry.  Because Evans Hagen & CompanyEvans Hagen & Company’s consultants complete the information-gathering stage in a competitive and/or market study, they then utilize their extensive and in-depth financial backgrounds to perform various market and competitor analyses, and ultimately provide the client with recommendations and a report following from their findings.

Competitor Analysis
          With the constant introduction and improvement of new technologies and services, companies in all industries face ever-increasing degrees of competition.  In particular, companies that market products and services within the telecommunications industry are susceptible to obsolescence if they do not continually analyze and understand the movements and actions of the market and their competitors.  In order to better understand and anticipate their competitors’ actions, many companies have turned to Evans Hagen & Company for information and analysis.  Evans Hagen & Company’s consultants and analysts use their analytical skills as well as their deep-rooted, direct  connections within the telecommunications industry and the broader market to help organizations understand their competitive environment more thoroughly.  By hiring Evans Hagen & Company , existing organizations, as well as startups, can gain a more knowledgeable base from which to operate and market their products and services.

Market Segmentation
          One of the most difficult and ambiguous tasks an organization faces is understanding how its market is segmented.  It is nearly impossible to accurately identify with any great degree of certainty along which lines (whether those lines be geographic, ethnic, or class-based) an organization’s particular market is segmented.  Yet, to maximize its market share and profitability, it is essential that an organization make its best attempt to do so.  In such cases, Evans Hagen & Company offers its services as an information gatherer and analyzer.  Through both primary and secondary means, Evans Hagen & Company’s consultants can help organizations determine what types of market segments should be targeted, which advertising campaigns would be most effective in those segments and the effect various competitors might have in each market segment.  Evans Hagen & Company’s success in the provision of this service is evidenced by the great degree of referrals and customer satisfaction they have attained.

Customer Analysis
          In the age of the Internet, consumers have an even broader range of products and services to choose from to satisfy their needs.  Because of this greater choice and maneuverability within the market, companies must try new and innovative techniques to gain their customers’ loyalty and ensure their satisfaction.  They therefore must discover what it is that satisfies customers, even more difficult to determine, what it is that makes them stay loyal to one brand.  What does the customer want from a product?  What makes a service invaluable to one customer and discretionary for another?  What are the characteristics that determine the degree of brand loyalty a product or service can generate?  All of these are questions that are near impossible to determine without proper research.  Evans Hagen & Company can help organizations determine what makes or breaks a product or service in a customer’s mind through intense primary investigation within the market.  Organizations can then use Evans Hagen & Company’s analyses and recommendations to direct their product and marketing campaigns.

New Product Development
          The proposed introduction of a new product or service into the market almost always represents both a significant opportunity and a great risk for a company.  An organization with a new product or service has the chance to make vast profits by being the first to market.  It can capture customer and brand loyalty and take advantage of the high switching costs the customer would incur.  However, new products and services also hold great risks.  If demand is overestimated, or development costs are underestimated, a new product or service can generate significant losses to an otherwise healthy organization and send its bottom line into the red.  It is because of this great risk that companies are often wary of new products and services. To make the introduction of a new product or service to a market less uncertain, significant quantities of information and research are needed. To that end, Evans Hagen & Company provides its clients with the information relevant to determine whether or not the proposed product or service will be viable and profitable in current and near term market conditions.  Evans Hagen & Company
has been in business hand in hand with the field of telecommunications for over 14 years, it has access to a large and varied base of information sources within this complex industry.  The firm’s consultants employ these primary channels as key means of securing their information, and rely on secondary forms of information gathering as a method of supplementing and augmenting that primary information.  After uses several integrated market and competitor analysis tools in order to aid organizations in determining whether or not their proposed introduction will be successful.

 

| Home | History | Who We Are | Staff | Clientele | About Us | News/Publications |
| References | Links | Contact Us | Site Map |

©2008 Evans Hagen & Company. All rights reserved.
Use of this website signifies your agreement to the Terms of Use.

Site Designed & Maintained by Emerson Communications Corp.