Michael Blumberg, an expert in the field of Aftermarket and Reverse Logistics has assembled a team of highly trained researchers and strategists who have been able to discern the market and pin-point opportunities and weaknesses for its current clients’ overall business strategy and help to elevate them to new profit centers.
The launch of the new Aftermarket and Reverse Logistics portal is the next stage in research and consulting for Blumberg Advisory Group. The portal allows for more real-time actionable data for its users. The subscription service comes in a number of packages, depending on the level of service based on frequency of information and depth of desired information. Customers will be able to access Aftermarket and Reverse Logistics Current Market Outlooks, Market sizing. Key trends, Potential Third Party Market Opportunities, Reverse Logistics vs 3rd Party data, among other information on a regular more real time basis. This provides clients actionable market and competitive data to help to create, alter, initiate new service offerings across multiple verticals.
Market research in the manufacturing space is quite plentiful, but Blumberg Advisory Group has found that the Aftermarket and Reverse Logistics research space has a lack of specialists and even greater lack of available research. Reasons include the highly fragmented space, the lack of knowledge and focus of current research providers. But, the current worldwide Aftermarket and Reverse Logistics space continues to grow, expected to reach $953.2 Billion by 2015
Some of the factors that make the acquisition of this data so unique to the market research space include, the need to acquire and determine the:
· Size and Age of Equipment Installed Base
· Annual Sales and Return Rates
· Disposition of Product Returns
· Expenditures for in-warranty versus out- of- warranty service
· Percent of market served by 3rd Party versus internal repair organizations Percent of 3rd Party market served by authorized providers versus multi-vendor (i.e., non-authorized)
· Service Expenditures by type of service performed (e.g., repair, technical support, advanced exchange, e-Waste, service parts logistics, etc.)
· Service Expenditures by type of equipment supported
· Gross Domestic Product
· Annual Growth Rate of GDP and market participants
By considering these factors, a company can accurately arrive at the size and forecast of the available, relevant, and addressable market, which in turn will provide the data needed to establish a more refined offering and potentially a new profit center for the organization. To obtain the information listed above requires an extensive knowledge of the market and access to multiple databases that track this information as well as a working knowledge of the relationship of each of the factors listed above with respect to how they impact/influence market demand and revenue potential, which is what Blumberg Advisory Group can provide for you.
To schedule a meeting to discuss the New Subscriber-based Aftermarket and Reverse Logistics Research platform, additional custom primary or secondary research projects and or obtain your free trial please contact sales@blumberg-
Blumberg Advisory Group, Inc. is a leading research & consulting firm to the Reverse Logistics and Aftermarket Services Industry and pioneers in helping companies manage service as a strategic profit center. Through relationships and experience, Blumberg is in a unique position to identify critical industry trends, position clients strategically to meet current challenges and new growth opportunities, and advise clients on mergers and acquisitions. Over the years the company services clients throughout Manufacturing, Healthcare, Consumer Electronics, Telecommunications, among others.