Competitive Benchmarking to Identify Performance Gaps and Prioritize Areas of Improvement for an Automotive Firm – A Report by Infiniti Research

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LONDON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Automakers?src=hash” target=”_blank”gt;#Automakerslt;/agt;–A renowned market intelligence solution provider, Infiniti Research, has
recently announced the completion of their latest competitive
benchmarking study for an automotive industry
. The study
highlights how the client was able to access market opportunities in the
target region and improve their performance standards while maintaining
their productivity standards.


With increasing competition and evolving technological advancements in
the automotive market, companies consistently need to measure their
performance with the industry standards set by their competitors to
sustain their position in the market. The lack of competitive
benchmarking strategies can result in huge loses in terms of sales,
leading to a sharp decline in the market position. This has compelled
major automakers to adopt a rigorous program to benchmark their
positioning and performance against competitors and peer companies in
the industry.

Competitive benchmarking allows businesses to assess a
competitor’s strengths and weaknesses and implement effective strategies
to improve their competitive advantage.
Get
in touch with our experts
to know how we can support
your organization in accessing the opportunities in the market.

The business challenge: The
client is a leading automotive manufacturer serving throughout the
Western United States and South America. With a workforce of 1600+, the
company was looking to expand their access to new geographies. With
increasing competition and technological advances in the automotive
market, the client wanted to leverage a competitive benchmarking
analysis to develop a standardized set of processes and competitive
benchmarking metrics to improve their market position in target markets.
Additionally, by continuously monitoring the initiatives undertaken by
their competitors, they wanted to make changes in their marketing
procedures to gain a competitive edge in the automotive market.

According to the experts at Infiniti Research, “Competitive
benchmarking strategies can systematically reveal performance gaps,
enhance opportunities, and highlight competitor strategies that need to
be countered.”

A competitive benchmarking analysis can provide you with more
insights into your competitors’ key strategies.
Request
a free proposal
and know
how competitive benchmarking analysis can help your business.

The solution offered: With
the help of Infiniti’s competitive benchmarking analysis, the automotive
manufacturer prioritized areas of improvement and enhanced their
performance standards to stay relevant in the market. This further
helped them access all the hidden opportunities in the market and
differentiate their business from top players in the market. Moreover,
the competitive benchmarking process helped the client to enhance their
productivity while reducing costs.

Infiniti Research’s competitive benchmarking
strategies helped the client to:

  • Monitor competitors’ key strategies and implement better marketing
    tactics
  • Evaluate and prioritize improvement opportunities
  • Wondering how your business can benefit from Infiniti’s competitive
    benchmarking analysis?
    Request
    more information from our experts!

Infiniti Research’s competitive benchmarking
strategies offered predictive insights on:

  • Enhancing the quality of their products and services
  • Identifying performance gaps and revealing hidden opportunities in the
    market
  • Interested in achieving high growth for your business? Request
    a free proposal
    to know how our competitive benchmarking
    analysis can help you with the necessary insights.

About Infiniti Research

Established in 2003, Infiniti
Research
is a leading market intelligence company providing
smart solutions to address your business challenges. Infiniti Research
studies markets in more than 100 countries to help analyze competitive
activity, see beyond market disruptions, and develop intelligent
business strategies. To know more, visit: https://www.infinitiresearch.com/about-us

Contacts

Infiniti Research
Anirban Choudhury
Marketing Manager
US:
+1 844 778 0600
UK: +44 203 893 3400
https://www.infinitiresearch.com/contact-us

. From Business Wire – Marketingtools365(COMM) – ATOM http://bit.ly/2tj22jM Source : Competitive Benchmarking to Identify Performance Gaps and Prioritize Areas of Improvement for an Automotive Firm – A Report by Infiniti Research – http://bit.ly/2tj22jM