Problem
A leading global indoor fish producer was preparing to launch its fish products in the U.S. wholesale market in fillet and frozen forms. This initiative required significant investment, and investors sought proof of financial viability through comprehensive market research. Additionally, the company needed to develop a compelling value proposition and a three-year go-to-market strategy encompassing research, marketing, and communication tactics.
Solution
Consequently, the food provider enlisted Cognitive Market Research to perform a one-phase secondary research study on the current status and future trends of the wholesale fresh and frozen fish markets in the United States. This process also involved creating a three-year plan to outline strategies for public relations, packaging design, media buying, and brand creativity.
Results
Cognitive Market Research provided detailed recommendations to the producer regarding opportunities in the fish market, identifying the target consumer, and strategies to overcome barriers. Provoke Insights delivered a comprehensive 100-page PowerPoint report covering:
- Unique Value Proposition
- Overall Fish Market Overview
- Consumer Insights
- Aquaculture Market Analysis
- Competitor Positioning
- Competitive Pricing Analysis
- Demographics & Media Usage
- Market Research Execution Plan
- Go-to-Market Strategy, including:
- Creative Execution :
- Media Plan
- Packaging Design
- PR Outreach
The secondary study assessed market potential, identified ideal consumers interested in the protein, and analyzed their buying habits and interests, all in preparation for a brand launch.
Additionally, the research provided a clear profile of the primary audience and insights into potential reach within the United States. The findings included strategies for creative design, packaging, media planning, and public relations outreach. Cognitive Market Research connected the producer with top experts in these fields to support their efforts.
In conclusion, the research facilitated the product’s launch and future trajectory, offering guidance to the fish producer and validation for stakeholders regarding the significant market potential of the product.
