The Lucentra Corporation
recently began renewing its market segments to provide clients with as much
updated information about each topic as possible. Each segment, beginning with agricultural
products will contain trends and factors that can change things like demand.
Lucentra is an
international consulting firm that specializes in helping small businesses
expand. By providing service area information, Lucentra intends to inform
clients about markets they may want to expand into. The information provided
will help a business figure out whether going into a market will be profitable,
or if the market is at a low and should be avoided.
Revitalization
of these segments is in part due to the integration of KDBM International, a
merger that occurred at the beginning of April. Major structural changes will
be made to each segment, including the addition of blogs. Some of the 22
segments already include daily blogs, but the rest are in progress and are
expected to be up soon.
Agricultural
products, which is the first segment to be revitalized, appears to be an
expansive and popular market. The United Nations revealed agriculture to be the
largest employer in the world. It employs approximately 40 percent of the world’s
population. There are four categories of agriculture: raw materials, fibers, foods
and fuels. Each of these is vital to our way of life, which is why agriculture
is such a large market.
Lucentra also gives
information on the world’s top importers and exporters of agricultural
products, as a way of helping clients figure out where would be best to market such
products. The page further discusses changing consumer preferences and how
economic growth in countries like China and India affects the demand for
agricultural products. Lucentra uses food demand as an example of alteration to
agricultural need. A flux in income would effect how much and the type of food
a household consumes. A change in a large percentage of household incomes would
then affect the demand for certain agricultural products.
Because things
like consumer preferences and economic growth are changeable, Lucentra vows to
provide clients with updated information that will be useful to clients who
have inquiries on agricultural products. One of the ways Lucentra will provide relevant
information is through its upcoming blog.
Danielle
Steffenhagen,
Director of
Public Relations,
Lucentra.