AGP Support: Market Research, Competitor Benchmarking, Solution Engineering
Industry: Technology & Software
Industry: Technology & Software
Business Model Benchmarking
Client
A Chinese government-led innovation center focused on industrial design infrastructure, in partnership with a leading global technology company.
Situation
The client was building a national electronic component database and needed to understand global best practices for business models, revenue strategies, and partnership development. They sought benchmarks to guide their approach and ensure the feasibility of the project.
Approach
Asia Growth Partners worked closely with the client’s strategy and product team to identify and benchmark the business models of three leading companies in the electronic component industry.
- Conduct in-depth research and expert interviews to assess the strategies of these benchmark companies.
- Develop a business model canvas for each company to outline their key elements.
- Compare the findings to guide the client’s strategic direction for building the electronic component database.
Results
- The client gained a clear understanding of the business models used by three leading companies in the industry.
- Best practices were identified and documented through comprehensive benchmarking analysis.
- The feasibility of the electronic component database was confirmed, and strategic recommendations were provided to guide its development.
