PESTEL Analysis Services
Get in-depth PESTEL analysis to gain a better understanding of the political, socio-cultural, legal, and other factors in your surroundings at prices starting at $14/hour
An accurate and systematized PESTEL analysis allows organizations to actively grow their business and strategize their future course of action with a clearer understanding of the current and upcoming trends, scenarios, and other external factors that may directly or indirectly impact their businesses. Conducting PESTEL research in-house is not only expensive but may also deviate the focus of your teams from your core business operations along with an increased risk of inaccurate analysis due to the lack of expertise in the domain. Hiring experts who specialize in PESTEL analysis and Big Data management not only lowers operational costs but also helps in getting you factual analysis reports.
Flatworld Solutions (FWS) is one of the leading outsourcing companies in the world with deep competencies in Big Data handling and analysis to offer top-notch PEST/PESTEL analysis services to all business types, whether it is an eCommerce company, a tech organization, or any other entity. We have a robust framework that enables us to offer you insights into your surroundings and do an extensive SWOT analysis for your business. Our expertise in data mining and analysis is derived from our use of highly advanced AI and automated systems along with an expert team of data engineers, analysts, and other specialists working round the clock to provide you with the best results.
PESTEL Analysis Services We Provide
The right PESTEL analysis marketing and reporting can help you take better business decisions. Our team provides in-depth analysis of the various factors of political, socio-economical, legal, and other fields to help you gain a better understanding of their impact on your business. Our PESTEL analysis services include the following -
Political Environment Analysis
No business can remain untouched by the political happenings in the country of their operations. A proper study of the political scenario, its stability level, etc., is crucial for businesses whether they want to enter a new market, diversify, expand their offerings, or enter a collaboration with a multinational organization. Our team of analysts and researchers carry out a systematic and comprehensive analysis of the political structure of the country in question using the best smart technologies with the following key touchpoints -
Stability quotient of the Government and likely changes
Tax policies and tariffs (rates and incentives)
Regulation/de-regulation protocols
Competition regulation
Various laws about education, health and safety, environment, discriminatory practices, anti-trust, IP and copyrights, etc.
Bureaucracy
Level of corruption
Import/Export restrictions
Freedom of press
Trade control practices
Level of government involvement in trade unions and agreements
Consumer protection and e-commerce
Data protection law
Economic Analysis
Businesses need to look at the macroeconomic factors too as they can have near-term and long-term effects on their strategies. For example, the increasing cost of living may indicate the increased cost of labor that may directly affect the businesses in the near or distant future.
Flatworld's team of economic research analysts and experts has a sound knowledge of the economic situation of the relevant country and can draw meaningful insights per your business nature using AI capabilities. Economic analysis services may include an examination of the following variables -
GDP and growth rates
Interest rates
Currency exchange rates
Cost of labor and minimum wages
Credit availability
Stock market trends
Inflation rate
Unemployment rate and trends
Level of consumers' disposable income
Stage of the business cycle
Trade flows and patterns
Monetary and fiscal policies, etc.
Sociocultural Analysis
The social and cultural makeup of a country has varying influences on the business depending on its type and size. When businesses are looking to expand their operations, especially in the new markets, a deep review of the local norms and their cultures is crucial to reduce the risk of failure at the initial stage. Our team, backed by an automated system, carries out a careful study of all the socio-cultural factors including -
Affinities and attitude towards imported goods and services
Outlook towards sustainability and eco-friendly lifestyle
Average education level
Purchasing power and buying habits
Religious and cultural beliefs
Sex distribution
Social classes and minorities
Standard of living and attitude towards work, leisure, career, and retirement
Age distribution and life expectancy rates
Health consciousness and trends
Saving and spending patterns
Population growth rate
Average disposable income level
Technological Analysis
Technological advancements in a country bring ample opportunities and some viable threats for new businesses or expanding businesses. Understanding the dynamics of technology becomes imperative to stay updated in the market. Our analysts and researchers identify the areas of technology that may influence the client's business in the near future. Our services under this include the assessment of the following -
Rate of technological change
Size of research & development spending
Internet infrastructure and penetration
Technology level in the client-specific industry
Basic technology infrastructure level
Technology incentives offered by the government
Legislations and policies regarding technology
Access to the latest technology
Environmental Analysis
Environmental studies concerning business have become an integral part of any business strategy, especially, in recent times. Before, the country's environment was only assessed in terms of the suitability of operations for the business, like, understanding the access to and quality of raw materials, the climate condition for operational facilities, etc., but now it has become a two-way road. Businesses are beginning to realize their responsibility towards maintaining the ecosystem of the place and reducing any kind of damage or pollution it might be causing to its surrounding areas. Therefore, a study of the environment is very important to devise a robust strategy that is a win-win for both, the business and the sustainability of the environment. It includes a careful study of variables like -
Weather and climate conditions
Recycling and waste management
Business's potential footprint on the environment
Laws regulating environmental pollution
Air and water pollution levels and norms
Policies and outlook towards eco-friendly products
Alternative sources of renewable energy, etc.
Legal Factors Analysis Services
When expanding a business in a new country or region, it becomes critical to have complete knowledge of the laws and legal attributes of the country in respect of its industry and specific business operations. We have a team of legal experts who can accurately assess the legal factors that may directly or indirectly impact your business. Our services include a careful study of -
Anti-trust law
Distribution laws
Penalties, punishment, and licensing laws
Employment law
Data protection policies
Data protection policies
Import/Export policies and law
Discrimination law
Consumer protection and e-commerce
Health and safety law
Our PESTEL Analysis Process
The vast scope of PESTEL analysis makes it mandatory to have a disciplined and streamlined approach towards workflow and we have developed a robust process to ensure accurate results in record time. Our process involves the following stages -
Needs Assessment
We brainstorm with the client and understand the purpose of the analysis to build the scope of work
Devising Research Methodologies
After developing the scope, we assign specific teams for each area and create the research methodology for the same
Execution
The respective teams conduct a careful assessment of all the variables and factors relevant to the client's business
Preparation of Reports
After in-depth research, the teams prepare comprehensive reports detailing the findings, feedback, suggestions, and SWOT analysis
Report Submissions
The analysis reports are submitted to the clients for review and any further help is extended on demand
Advantages of Hiring Flatworld as Your PESTEL Analysis Service Provider
By hiring Flatworld as your PESTEL analysis services provider, you avail the services of the best team of analysts and experts who adhere to standardized systems and practices. Below are the key advantages you get when you partner with us -
ISO-certified
Flatworld is an ISO 9001-2015 accredited company assuring the highest quality services to all clients. We adhere to quality processes and quality standard protocols to deliver best-in-class services.
Experienced Team
Our team is our core strength and we have highly qualified and trained experts in every field to conduct an in-depth study as per the client's demands.
Cost-effective Pricing
While our automated processes reduce the operational costs, our fee structure is also flexible and affordable, making us the ideal partner for PESTEL analysis services.
AI-driven Processes
We have robust technological support with exceptional AI capabilities to fasten the analysis process and obtain high-quality, accurate output each time.
Worldwide Network
We have work offices located around the world offering us the advantage of country-specific experts needed to conduct relevant PESTEL analysis.
24/7 Support Services
Our global team network and advanced chatbot system allow us to be available for customer support round-the-clock, 365 days a year.
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Outsource Pestel Analysis Services to Flatworld Solutions
Whether you are launching a new product, entering a new market, expanding your business, or diversifying your product line, a systematic and accurate PESTEL and subsequent SWOT analysis is necessary to comprehend its impact on your business. PESTEL analysis services led by the experienced team of Flatworld coupled with the leading edge AI and automation capabilities can help you make better business decisions and improve your chances of success.
Contact one of the experts at Flatworld today and learn more about our expertise in the domain before you get started.
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Case Studies
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Flatworld Helped a US-based Healthcare Client Develop a Forecasting Model
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Flatworld Provides Online and Offline Research Support to Evaluate Competition
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FWS Provided Key Opinion Leaders (KOL) Profiling to a Top UK-based Med Firm
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FWS Provided a Detailed Porter Analysis and Web Research to a Leading US Technology Consulting Company
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Flatworld Solutions Provided Research Services to Top Hospitality Consulting Solutions Provider
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