The business landscape is continually changing – new entrants are constantly emerging creating competition within markets and thousands of opportunities to add new customers to existing portfolio’s. Whether you are considering entering into a new market and need to understand how saturated that market is, or as an established player in the sector keeping an eye on any up an coming start ups or you simply want to be the first to introduce your products or services to a new business in your area–an understanding of new entrants should not be neglected or underestimated. Not only can new businesses have an effect on supplier costs as the demand for materials becomes greater, they can put pressure on margin as they seek to establish a foothold in a designated sector, but they also represent a great opportunity to develop new customers with an average of 575,000 start-up each year over the last five years.
With identeco’s New Market Entrants service, we will provide intelligence on new ventures to enable you to understand new market players, their services and products. The data lists on new market entrants can be filtered by companies that have been incorporated within 24 months, industry SIC code and location.
This service is included as part of The Business Support Toolkit subscription.