business diversification ideas

A new Strategy for enlarging your business

Business growth is all about finding substantial new business opportunities and fundamentally
new ways of selling be it for adjacent opportunities to the existing businesses or altogether new
businesses.
Innovative ideation-oriented primary market research along with the effective use of knowledge
acquired over the years can reveal new opportunities areas for your company. Energetic
diversification studies can always identify extremely interesting options for your marketplace.
Over the past 35 years, BDB has developed an extremely effective in-house knowledge base
along with continuous learning for several industry segments of old and new age. BDB’s in-
house research team in collaboration with BDB advisory council members carry out
diversification studies and develops businesses for small, medium and large enterprises for the
identified opportunities.

Our Unique Process

market research
Customer and internal analysis

  • Understanding customer assets and aspirations
  • Ideation
  • Scanning of business environment
  • Opporunity identification
performance management
Opportunity scanning

  • Shortlisting process
  • Opportunities and challenges
  • Researching and shortlisting
  • Funnelling the opportunities
customer journey mapping
Business Plan

  • Products and services identified
  • SWOT
  • Techno-commercial viability
  • Go to Market strategy