You on the road of foreign trade development
Are you experiencing these pain points
Lost looking for product growth opportunities?
Ignorant of potential "incremental" markets?
Don't know enough about your competitors?
Lack of effective tools for refined customer management?
On May 11, 2024, Mr. Pang Jingfang, Chairman of Tengdao, delivered a speech at the "Tengdao 2024 · At the "Business Insight" Product Launch Conference, the positioning and design concept of the new product were publicly introduced for the first time, and the long-awaited new section of Tengdao Foreign Trade V5.0 "Business Insight" was officially released.
Note: Tengdao Foreign Trade V5.0 "Business Insight" product launch
As this forward-looking product name indicates, many new functions and services that herald "unlimited potential" are also unveiled today.
A lot of people have asked a question:
What is Tengdao "Business Insight"?
When designing this product, we based on the following 2 core concepts:
(1) The "traditional" foreign trade customer development process is the "roadblock" for the growth of enterprise performance, and focusing on the development of high-value customers is the core of the company's business growth.
(2) When a company loses strategic insight, even if the market opportunity is in front of it, even if it sees the opportunity around it, it will still miss it. Enterprises can maintain efficient insights so that they will not be left behind by the tide of the times.
Therefore, Tengdao's "business insight" also represents "enterprise forward thinking".
We provide advanced one-click customized solution configuration services, which can tailor unique customer-specific solutions for your enterprise products. By setting and other fields, you can accurately capture and push data that is closely related to your business, ensuring that you always have a grasp of market dynamics.
- Set it up once and benefit in the long run
One solution, one setup, can achieve long-term monitoring, without repeated operations, saving you valuable time and energy.
2. Flexible adjustment and continuous optimization
The keywords in the plan can be added, deleted, and modified at any time to ensure that the content pushed always meets your concerns and needs.
3. Intelligent monitoring, say goodbye to inefficiency
Users only need to set keywords, and the system can automatically monitor and push relevant data, completely get rid of inefficient manual search methods, and improve work efficiency.
Different from traditional data tools, Tengdao "Business Insight" has the following 3 major advantages:
Below, we will introduce the "Business Insight" function of Tengdao, and we will focus on the main scenarios of 4 major foreign trade business.
1. Product insights
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So what is?
Product Insight! No matter how good a product is, if it is not liked by customers, it is not a good product!
Tengdao "Product Insight" all-round intelligent analysis gives you a pair of "eyes" that gain insight into the growth point of performance.
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Product Life Cycle Analysis
By carefully analyzing the life cycle of products, companies can accurately predict the dynamic trends of market demand, and then formulate more forward-looking market strategies and product development plans.
· Product demand analysis
Accurately analyze the distribution of product demand and lock the target market; Gain insight into global price dynamics and help you with your pricing strategy.
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Supply-side analysis
The average supply price analysis reveals the competitive situation, the supply distribution shows the proportion of the head, and the concentration analysis helps evaluate the market situation and formulate strategies.
2. Market insights
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Each participant is trying to tap into their potential in order to find a place on this big stage. Therefore, we continue to study market dynamics, gain insight into consumer needs, and formulate precise marketing strategies to stand out in the fierce market competition.
Tengdao "Market Insight" provides comprehensive and detailed multi-dimensional analysis to help enterprises stay ahead of the competitive market environment.
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Global trade flows
Analyze global trade flows, identify major exporters and hot markets, and identify trade outflows and inflows.
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Trade flows in a single market
Demonstrate the composition of exporting countries and destinations, analyze trade networks, and assess global market share and competitiveness.
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Analysis of market changes
By tracking market changes and identifying top, stable and growing markets, users can grasp market dynamics more accurately and formulate more effective marketing strategies accordingly.
3. Customer insights
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Someone said, "Why is it so difficult to understand customer needs?" It stands to reason that our products are already very good, the price is reasonable, and the service is OK, why don't customers pay? ”
How to develop the ability to understand customer needs?
In this regard, Tengdao "Customer Insights" can provide strong support.
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Refined customer hierarchical management
100+ filter conditions to help enterprises manage and analyze customers in a hierarchical manner, and open up more data interpretation perspectives.
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In-depth analysis of high-value customers
Analyze transaction data, evaluate buyers' purchasing power and sustainability, accurately grasp the timing of cooperation, and establish initial communication with customers more effectively.
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Dynamic monitoring of key customers
Through the analysis of new, repurchased, and lost customers, we can help enterprises adjust their strategies in a timely manner and optimize customer relationship management.
4. Competitive insights
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The competition is extremely fierce, following the trend and selling, plagiarism and imitation, all kinds of factories have.
With the increase of competitors, customers in the market can access countless suppliers, and analyzing the work of competitors has become an indispensable skill for foreign trade business.
The first step in analyzing our competitors is to figure out who our competitors are.
Tendao "Competitive Insights" can help you with this critical analysis.
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Comprehensively grasp the market and competitive landscape
Gain an in-depth understanding of competitors' supply chains, volume and price trends, and procurement behaviors, and fully grasp the market environment and competitive landscape.
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Provide strong support for market strategy
Analyze the global competitive situation, cover the multi-dimensional competitive environment such as head, emerging and stable enterprises, identify their core advantages and potential shortcomings, and flexibly adjust their strategic policies!
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Enhance competitiveness and be able to cope with the competition with ease
Analyze the competitive situation in the regional market to formulate a precise competitive strategy in that market in the future.