The client provides a wide range of sauces, condiments, and dressings, along with private-brand products and custom solutions to meet various needs.
The client encountered challenges in conducting a customer-based assessment and their consumption preferences (types of food, outlets, and cuisines) due to lack of resources and time constraints.
Primary Objective
The objective of the research was to perform customer analysis on the food services industry as well as existing and emerging food trends for the USA demography which could help the client to launch new sauce products to elevate the customer experience.
Research Approaches & Outcomes Obtained
Extensive Desk Research:
Researchwire conducted in-depth secondary research to analyse crucial parameters to conduct the study which includes market reports, industry reports, competitors’ publications, research papers, whitepapers to understand:
USA demographics: population analysis by age, gender.
Market Analysis of current and future trends of USA food-service industry.
Benchmarking new innovations and developments in sauce categories.
Taxonomy of various ingredients and flavors to their consumption trends.
Customer Survey:
Our team developed and administered targeted customer surveys to a diverse audience, based on major influencing factors for new sauce development: (by mode: dine-in, takeaway, delivery; by cuisine: Mexican, Italian, Japanese, etc; by price, by brand, by quality, by taste, by ingredients, etc)
Correlation and evaluation of consumer preferences segments to the type of sauces that can elevate the consumer experience.
Data Analysis and Recommendations:
Researchwire provided an extensive report on the food service industry and new and emerging consumption trends in USA market.
Our team also shortlisted the most ideal target segment such as cuisines, ingredients, and flavours in the USA food service industry to assess the client for the development of new sauces to its target audience.
Result
With the help of sound insights and outcomes for the customer’s consumption patterns, the client expanded their services in the USA food services market with development of new flavoured sauces based on the recommendations our team provided.
As a Founder and Managing Director, Bikram plays a key role in the day to day operations and formulating strategies for smooth execution of research assignments. Bikram is also responsible for client acquisition and client engagements in Asia pacific region. Bikram helps global technology companies monetize their IP assets through automated tools and helps them generate more value out of their IP. He has the expertise of assisting clients on a wide range of technologies such as Semiconductors (circuits and processes), Wireless Technologies, Memory Devices, Cloud Computing, and Consumer Electronics.
Bikram has been advising several Global 500 clients in effective patent portfolio optimization and competitive benchmarking analysis to help them understand their position in the industry. Bikram has extensive experience in assisting clients on high stake US, Japanese and Chinese patent litigation cases. Recently, Bikram has been actively involved in advising clients on new product development strategies and technology Landscape studies.
Rohit Kumar
Director Marketing & Business Development
Rohit Kumar is responsible for ResearchWire European business. He is an HEC, Paris 2008 MBA and Indian Institute of Technology (IIT) Kharagpur 2002 engineering graduate with close to 17 years of experience in business innovation and strategy, business development and client relationship roles. He is working with ResearchWire since 2016 and as a partner, is responsible for the growth of ResearchWire in Europe.
Prior to ResearchWire, Rohit was handling sales strategy and pricing for Syniverse Technologies, a telecom services provider, where he was instrumental for growth in EMEA and India through product innovations, creative pricing and discounting models and executing strategic sales plans.
Rohit is based out of Luxembourg and has been living in Europe for last 12 years. He understands European customers and their needs and ensures that our customers always have a local person to reach out whenever needed.
Pravin Shukla
Director Marketing & Business Development
As Director Marketing & Business Development, Pravin is responsible for the Go to Market Strategy,Business Development and Client Satisfaction. Pravin received his B. Tech. Degree with Honours in Electrical Engineering from Indian Institute of Technology, Varanasi. Pravin has more than 13 years of extensive industry experience, with the largest automobile company of India Tata Motors Limited,across all the functions of value chain viz. market research, product design, NPI, production management, quality assurance, marketing, business development, and customer service. Pravin has spent majority of his working years on clients side viz. business development, marketing, customer satisfaction & customer service and hence has developed acute understanding of what it takes to satisfy customers. Pravin’s motto is Customer service is not a department, its an attitude. An acute observer of finest details, Pravin makes customer delight an everyday reality.
Praveen Singh
Founder and Director-Operations
Founder and Director-Operations. Praveen is a patent research professional having extensive experience in Prior art search (over 3500 patent searches) & Patent portfolio management. He has himself provided litigation support in multi-patent lawsuits by providing non-infringement arguments, claim construction and Invalidity contentions and has experience of analyzing portfolio of telecom major having more than 8000 patents worldwide. He has a cumulative experience of 7.5 years as Head- Operations at leading patent research company having team size of 40-50 people