← Market Research on Foreign TradeMarket Research on Foreign Trade · Forum

Price research: Points to be considered in the application

Practical information for this header, control steps and points to be paid attention.

Subject publication
Forum editor

Price researchIn Foreign Trade Market Research, it is a header that affects the correct planning of the process. It is important to distinguish forecasts in market research with verified data. The country appears to compare the customer group, competitor, channel, price and logistic assumptions on the same worksheet. Do not compare the label price alone; evaluate the total cost by equalizing product coverage, tax/delivery conditions, currency, quantity, freight and sales channel.

Application order

Take the process in preparation, application and closing steps. Identify the expected output in each step and the requirement to switch to the next step. Follow the answers and changes from external parties separately; do not only connect the finished verbally.

Control points

  • Save data source, country/product group and post date covered.
  • Test if you want with evidence such as real buyer interview, offer or resmî statistics.
  • Rate not only with product amount, but with logistic and channel costs.

Sample application

For example, when a business prepared a transaction titled “Price research”, it first takes the purpose of processing and evidence of the hand. Then the related teams compare data, confirms missing information from the source and the approved version holds in the transaction file. When the procedure is completed, it compares and saves the difference and follow-up action.

Discussion question: What data is corrected with a real customer interview when receiving a market to a short list?

This sharing is for general information and professional discussion. Up-to-date legislation, contract and product/procession properties should also be evaluated.

Current source: T.C. Ministry of Commerce — Customs and foreign trade information bank bankası