Case Studies

Market Research and Analysis

 / 

Construction
Volume homebuilder watched annual sales drop for three years after 30 years of remarkable growth and needed a full assessment of the market as well as a Go to market strategy to return to positive growth

Client description:

A national homebuilder

Challenge: 

American volume homebuilder watched annual sales drop for three years after thirty years of remarkable growth.

Methodologies: 

Geo Strategy Partners conducted extensive research including:

  • Market data analysis, including ten years of census and homebuilding data
  • Interview client’s corporate executives and field personnel
  • Focus group
  • Online quantitative survey of 600 customers, lost customers, and non-customers
  • Mystery shop competitors
  • Interview competitor field representatives
  • Interview top management of client’s direct competitors
  • Interview third party industry experts and thought leaders

The result: 

Our research and analysis yielded recommendations to take a number of actions, such as acquire a direct competitor in new geography, create a new business model with fewer self-imposed limitations, enter the subdivision market, offer minor product upgrades/improvements with high perceived value, change the financial offering, revamp their direct marketing campaign to focus clearly on target customers and finally to improve quality assurance and customer satisfaction. The client implemented recommended changes and saw sales increase for the first time in three years. Decisions to enter recommended new markets meant an increase in revenue, net income, and profit margin.

Strategically, we helped the client see that their value creating core was built more on a financial services business model than a construction business model and encouraged them to pursue other products around the financing model.

Geographic scope

US

Industries involved 

Construction

Services applied 

Competitive Intelligence, Go to Market Strategy, Market Opportunity Study

Methodologies 

Advisory, Qualitative Research, Quantitative Research

Practice area

Market Research and Analysis

Case studies

Related experience

Client needed to understand the overall market for memberships and was interested in determining if there was sufficient market demand to continue offering a leadership development program for executive leaders.
Apparel manufacturer wanted to expand and launch a new line of clothing and accessories and needed to identify, prioritize, and assess the best end-user markets and distribution channels. Manufacturer also wanted to have a better idea of the market size, sales forecast, channel dynamics, purchasing decision process, user needs, market drivers and competitive landscape.
Glove manufacturer needed to gain a baseline understanding of the marketplace in order to determine unmet needs and identify opportunities for and barriers to market entry.