Generating 900 daily inquiries in the Saudi Arabian industrial sector

Expanding Market Reach for 900 Inquiries a Day

Reaching the goal of 900 inquiries per day poses an intriguing challenge that necessitates a thorough evaluation of the current business landscape. It’s crucial to understand how many inquiries your business currently receives and the industrial population it caters to.

Defining Industrial Population

The industrial population refers to the number of potential customer factories within your company’s operational domain. For instance, if your business manufactures steel blades for guillotines used in metalworking factories, and there are 1326 metalworking facilities in the United Arab Emirates, they represent your target customer base.

Calculating Potential Customer Demand

Considering that these factories may require blade replacements approximately every eight years, dividing 1326 by eight yields 165 potential customers annually. However, it’s crucial to acknowledge that your competitors also serve this market, with five suppliers vying for customer attention. Dividing 165 by 5 results in 33 customers available annually for your business.

Challenges in Meeting Inquiry Goals

With only 165 customers in your market, attaining 900 inquiries per day seems unattainable. To reach the required 216,900 inquiries annually for 244 working days, expansion into new markets becomes imperative to sustain the desired inquiry volume.

Strategic Market Expansion

To achieve the target of 900 daily inquiries and satisfy the annual inquiry requirement, thorough research and strategic planning are essential. It’s imperative to identify and tap into new markets that can provide the necessary influx of inquiries to support your business growth.