Consumer Products
The global consumer products market, a vast market by any
level of comparison is becoming more complex, fragmented and geographically
spread every day. The Consumer product companies are competing globally and are
finding effective means of communication and supply to reach the customers is
becoming increasing challenges. As the business diversifies across multiple
consumer profiles and geographies, reaching out to the customers through
promotions and events, it involves complex dynamics at the grassroots level.
Further, identifying consumer needs and market gaps for new product
introductions are also becoming difficult to manage through the existing
information channels. The scenario underlines a fundamental need to develop
information channels that enable the companies to utilize the unstructured
knowledge in the market for real time monitoring and acquire actionable insights
for its decision makers.
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