Clouds
By clicking on a specific cloud, you will acquire a value ranked drop-down
list of Internet sites that allow you to gain the information you need as it relates to
the name of the cloud.Example: Political Cloud
Legislative bills that could either positively or negatively impact your company are
continually being introduced at the federal, state, and local levels. Your company needs
to be aware of this new legislation so that you can take the appropriate action. To
stay current on legislative action at the federal level click on the political cloud, then
click on "U.S. legislative bill search", then click on "bill text",
and simply type in the name of your industry, product, or other subject words. For
example, if you are in the packaging industry and are interested in exploring new
legislation that could lead to the birth of new product lines for your company, type in
the words "packaging materials" and then view any new legislation that could
lead to laws that require new types of packaging materials. Such information will
give your company a competitive advantage in the market place.
Target Market
The geographic locations, demographic profiles (age,
income, race, gender etc.), psychographical profiles (motivations,
interests, opinions, life-styles), and behavioristic profiles (purchase
behavior) of a company's present and future target markets are continually changing.
By clicking on the target market, you will acquire a value-ranked drop-down list of
the Internet sites that will allow you to find current information as it relates to the
above elements.
Example: Demographics
For example, if your company needs to determine the demographic profile (age, income,
race, gender, etc.) of the people in a specific area, follow this sequence: click on the
target market and scroll down to demographics; click on the "map stats" site;
and then click on the state and county that you would like to find demographic information
on. At this point, you can click on the "US counties General Profile" to
get a general profile of the people in the specific area, or you can click on the STF
files to acquire up to 143 different demographic variables that relate to the people in
that specific area. If you are conducting an analysis of the economic activity in
the area i.e., the number of companies by SIC code, click on "County Business
Patterns Economic Profile."
For example, if your company wanted to distribute it's product to a new area, you would
want to conduct an analysis of that area in an effort to determine if the type of people
that purchase your product live in that area; and in the numbers needed to make a profit.
Marketing your products to areas of the world that do not contain the people with a
need for your specific product is not good business.
Delivered Value
Continually determining the value that your company offers to the target market is
critical for the long term success of your company. CATscanner's
online Delivered Value Survey allows your company to continually
assess the value that your company is delivering to the target market.
The Value that you deliver to your target market is determined by the following
formula: 
The Total Value components are product, service, personnel, and image;
in other words, your target market perceives the Total Value of your
offering by continually accessing your product offering, the service that accompanies the
product, the personnel that your customers interface with, and the image that your company
projects.
The Total Cost components are monetary price, time, energy, and
psychic costs; in other words, your target evaluates the total cost of your product by
what they have to pay for your product, the time that it takes to acquire your product,
the energy that it takes to acquire your product, and the psychic costs to acquire your
product i.e., what if my peer group does not like my purchase decision. Subtracting the Total
Cost of acquiring your product from the Total Value that your product offers
will equal the Delivered Value that your product is bringing to the target market.
By measuring the Total Value and Total Cost
components, CATscannermeasures
the Delivered Value of your product offering; i.e., is your company
offering positive value, or is your company offering negative value to the target market..
Your target market is periodically provided with incentives to fill-out an on-line Delivered
Value Survey that measures the Total Value and Total Cost components. The
results of the Delivered Value Survey are continuously updated and accessible
by simply clicking on the Delivered Value yellow circle. CATscanneris a direct connection to your
target market.
Competitors
An industry, as depicted on the green landscape of the CATscanner
model, can be defined as a group of companies who produce similar products (that is why
all of the buildings are the same). An industry may consist of 8 competitors, 80
competitors, 800 competitors, or 8000 competitors. Your company needs to continually
monitor its significant competitors i.e., those competitors that can have a
significant impact on your company. CATscanner
monitors your significant competitors and feeds you the competitive information that you
need in order to plan the appropriate offensive or defensive strategies. Knowing the moves
that your competitors are making on your industry's chess board will allow you to play the
game better, to gain competitive advantage.
As seen on the green landscape, the CATscanner
connects you to 8 of your significant competitors; more can
be added. By clicking on the building of a significant competitor, your company can
acquire current information about the competitor. |