...INBM 100’s Project International Strategic Marketing Plan This project will cover all the first semester courses of the International Business Management Program at St. Lawrence College. The students are required to form a group of three and the members should remain unchanged during the semester. Each group is required to choose a new or existing product or service offered by a company headquartered in Canada. STRUCTURE Overview of the Client Identify the various environment of the client • Business environment INBM 102 Henry summarize business and contract law in Canada describe the international regulatory framework INBM 103 Victor recognize the characteristics of a global marketplace How do you need to modify or create products and services designed for the local conditions? How can you build businesses across these global social networks? How can you build consumerism and use social networks to build markets for your products? What is the right balance of your products needed to connect with the market? How can you create the offerings and positioning to reach your youthful markets? How can you grow a large business by thinking small payments, packages, and products? How can you find opportunities in the holes in the infrastructure? How you create the technologies, or ride the technologies, to allow your business to jump with the market? How can you create the distribution networks to reach the market? Is...
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...Course project International Marketing Plan Channels of Distribution China’s distribution sector in the last years has opened a new vista of choices to foreign companies looking to move and sell their goods in the country. No longer are they required to use an uncoordinated network of domestic wholesalers, although some may choose to retain existing ties if these have worked well. Instead they may consider using one of a growing body of international and Hong Kong-based logistics businesses moving goods around and in and out of the country, or perhaps one of the many new domestic distributors which have emerged in recent years, or possibly decide to go it alone. 5 hour energy will have an advantage because of this change. The distribution program is based on the 5 hour energy sweeping the nation in china. Unlike drinking several cups of coffee or consuming other stimulants, 5-Hour energy offers customers a true five hour burst of energy without the crash that accompanies so many other drinks and stimulants. 5-Hour Energy accomplishes this by using a proprietary blend of B vitamins for energy and amino acids to help jumpstart your mind, not just your body. Although 5-Hour Energy is relatively new to the market, the response has been overwhelming. Growth has increased by 273% in just the first year alone and those numbers keep climbing. In addition, distributors have experienced extremely high returns as well as continued repeat sales in their distribution routes for the 5-Hour...
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...International Marketing Plan – TIB4M1R (Examination Project) J. Samodien Student Number: 4587 002 0 Contact No: 076 195 3539 October / November 2009 Lecturer: R. Ojo Contents: Purpose of Marketing Plan – Page 3 Introduction – Page 4 Elements of Marketing Mix – Page 5 SWOT Analysis – Page 8 Target Market & Competition – Page 9 Country Overview – Page 10 International Mission Statement – Page 14 Marketing Mix Strategies – Page 15 Price Budget & Considerations – Page 20 Marketing Budget – Page 21 Conclusion – Page 23 References – Page 24 Purpose of Marketing Plan: This plan is being structured for the use of exporting Aluminium patrol boats to Malaysia. In this report Malaysia Trade laws and economy will be discussed and strategy will be formulated to overcome any obstacles that may be encountered. A country overview of Malaysia will appear in this plan as well as the various costs to be considered. Various strategies for the elements of the marketing mix will be formulated based on options that are best suited to entering foreign markets. Target Markets will be identified and also any possible competitors that may already exist in the Market. Basically the overall purpose of this plan is to formulate specific export strategy for SuperBoatbuilders to enter the Malaysian Market. Introduction: SupaBoatbuilders Pty Ltd is a company that manufactures and distributes Aluminum boats commonly use for military...
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...1. Introduction/overview 1.1 Scope of the plan • Nature of the product/company • Timeframe of the plan • Geographies/markets/segments covered by the plan • Any limitations to resources or key assumptions on which the plan is based 1.2 Objectives • What are the objectives you hope to reach by actioning this plan (remember: these need to be S.M.A.R.T.) • How do these objectives support overall corporate strategy and objectives 2. Background 2.1 History, company/product profile 2.2 Environment • Macro • Micro 2.3 The Market (remember to clearly identify the market/markets in terms of the job the customers are trying to get done, rather than in terms of industry/product); include: Competitors Existing segments 2.4 Main strategic issues • Detailed SWOT MA 3.Objectives 3.1 Statement of Objectives Note how these objectives support broader corporate objectives (e.g.: profit growth/maintenance, diversification of geography/product, rationalisation/consolidation, risk minimisation, etc). Include: • starting Canvas and future/intended Canvas • description of current positioning and future/intended positioning (on the Pine and Gilmore map) • current and future "brand pantheon" (if applicable) 4. Strategic Initiatives 4.1 Strategic overview Description of the market, segments and targeted segments (including why these segments have been chosen), i.e who/what is the focus of the strategic initiatives and why 4.2 Key strategic...
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...parties. Singapore is one of the countries that does not have an Apple Store, and as recommended in my last report, intensifying penetration into that market can generate more revenues and lead to better strategies being tested for when the market in China matures enough that entrance is viable. People in Singapore are not avid Apple consumers as the company does not have a presence in the country yet, and as far as the iPhone goes, there are options that suit the needs of the population interested in smart phones better. Marketing Export Marketing should be used in order to gain entry into the Singaporean market. Using the same strategies and marketing mix that were used in the United States and Europe will not allow Apple to gain any advantage in this market, much like what happened in Japan when the iPhone was introduced. Export marketing is defined as “using the product as a starting point and modifying it as needed to meet the preferences of the international target markets.” When Apple introduced the iPhone in Japan, it used most of the same strategies it used when introducing the product in the US: showing it off as...
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...Alicia Oriol Marketing Plan Marketing MKTG522 Group travel for Young Adults Prof: Heather Teague February 24th 2013 Table of contents Executive Summary Situation Analysis Market Summary SWOT Analysis Competition Product Offering Keys to Success Critical Issues Marketing Strategy Mission Marketing Objectives Financial Objectives Target Markets Positioning Strategies Marketing Mix Marketing Research Controls Implementation Marketing Organization Contingency Planning Conclusion Executive Summary Travel and tourism are critical to the American economy. This growing industry offers significant Potential for job creation across all regions of the country. Federal policies on matters ranging from national security to transportation and from trade to natural resources management affect travel and tourism, and its potential for growth. In a global economy, a range of businesses depend on travel and tourism policies to enable clients, customers, and colleagues to conduct business in the United States. In addition, ensuring that international visitors have a positive experience in America is an essential component of our public diplomacy and U.S. foreign policy. There are people who never left the US, there are some beautiful places that young people should visit and would enjoy visiting, being in the travel industry, I travel all over the world with my children, it is be both educational and entertaining. When you travel to the outside world, your...
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...Marketing Plan Oliberté International Marketing MIB Front - Team 4 I. Executive Summary II. Concept Statement A. Company Background and Mission B. Products and Services C. Business Model: Sustainability and Uniqueness D. Strategic Intention E. Marketing F. Risk Analysis G. Differentiation H. Evaluation: Factor of success III. Situation Analysis A. Industry Analysis 1. Industry overview 2. Porter five forces 3. Market size 4. Position in the market life cycle 5. Available distribution structure, plus attitudes and practices 6. PESTEL 7. Risk Analysis B. Firm Analysis 1. Brief history of the company and stage of internationalization 2. SWOT Analysis 3. Stakeholder Analysis 4. Product Development and Product Extension 5. Pricing and Financial Policy 6. Internet and E-commerce 7. Organizational Structure C. Competitor Analysis 1. Competitive Positioning: Direct and Indirect Competitors 2. Market Share Distribution 3. Future Competition – Direct and Indirect Competitor 4. Barriers to Entry 5. Competitive Advantages D. Customer Analysis 1. Who are your customers? 2. What do customers want/need? 3. What must be done to satisfy their wants and/or needs? 4. What is the size of the market? 5. What is the growth profile? IV. Strategic Marketing Decision A. Marketing Scope B. Marketing Goals 1. Successfully launch and market the expansion of the product offer 2 Marketing Plan Oliberté International Marketing MIB Front - Team 4 2. Successfully launch and market the...
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...version Page 1 of 8 Print this article 15 Tips to Start Successful Export Business By Joseph Zaritski. Copyright © 2003 Joseph Zaritski. 1. Where to start? 2. Go Online 3. Select And Evaluate Your Market 4. Understand that every market has different demands & changes every few years 5. Analyse, "Position" and Modify Your Products 6. If You Fail To Plan, You Are Planning To Fail 7. Build A Network 8. Develop "Export Inquiries Handling Rules" 9. Negotiating Is An Art 10. Be Aware Of Frauds 11. Be Market- And Customer - Focused 12. Be Prepared To Meet Growing Demand 13. Be Prepared To Spend Time And Money 14. Make Decisions On A Commercial Ground 15. Don't Try Too Much At The Beginning And Don't Grow Too Fast Legal Notice Before You Export - Get Ready 1. Where to start? Build A Corporate International Image Your credibility is a key to your global success. Even if you run a small company, you should present yourself internationally as a solid and reliable potential partner. Some little changes and touches will add considerably to your global appearance. Adapt corporate stationery to your export activities - add international dial-up code and word "Australia" to contact details. Develop company logo Always sign out-coming correspondence indicating you job title, company name and contact details, for example: John Smith, Export Manager Australian Trading Company Pty. Ltd. 124 Deakin Avenue Mildura VIC 3502 Australia Phone: 61 3 502 6776 Facsimile: 61 3 502 7667 E-mail: export@export61...
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...Global Marketing Level 6 44-6979-00L-A Module handbook 2014 to 2015 Module leader: Giovanna Battiston g.battiston@shu.ac.uk Stoddart 7241 0114 225 5260 Contents 1. | Welcome to global marketing | Page 3 | 2. | Code of conduct | Page 4 | 3. | About your module | Page 5 | 4. | Teaching and learning strategy | Page 6 | 5. | Resources for reading and research | Page 7 | 6. | Assessment | Page 8 | 7. | Lecture and seminar programme | Page 11 | 8. | Module prize | Page 37 | 9. | The SHU Marketing Student Society | Page 38 | 10. | Appendices:Task one assessment criteriaTask two assessment criteria | Page 39Page 41 | Welcome to global marketing Contact details Module leader: Giovanna Battiston g.battiston@shu.ac.uk Stoddart 7241 0114 225 5260 Your seminar tutor: Learning time: On the successful completion of this unit you will receive 20 credit points at level 6. As in all units you are expected to devote 150 hours learning time to this unit, some of which will comprise lectures and seminars. These will be important for introducing and discussing new materials and for you to gauge your level of understanding of the subject. You will need to spend several hours per week in private study getting to grips with the pre-seminar tasks and necessary post-lecture reading and the associated activities. It is expected that the remainder of the time will be spent on assessment related activities such as reading and...
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...Marketing Plan for Budweiser 2012 Submitted by: Submitted to: August 17, 2012 Budweiser Executive Summary The current business environment for a piece of the beer industry market is very competitive. Breweries must compete against other breweries, both large and small to remain a viable player in the sale of their beer. Budweiser is a product produced by Anheuser-Busch, an American brewery founded in St. Louis in the mid 1800’s. The intention of the following marketing plan is to not only continue to add to the legacy of Budweiser, but to re-energize the consumer’s appetite for Budweiser and increase the market share of the product. The formula for Budweiser is over 130 years old. The recipe has a unique blend of barley malt, brewer’s rice, yeast, water, and hops. These same five ingredients are what still goes into Budweiser today. We will promote how after 130 years the tried and true tradition of these five ingredients are the building blocks that give Budweiser its uncompromised flavor. In addition to the five ingredients, the seven steps in brewing Budweiser remain the same today. The seven steps are milling, mashing, straining, the brewkettle, primary fermentation, beechwood aging, and finishing (Budweiser Anheuser-Busch). Using the beechwood aging process allows more interaction between the beer and the yeast. This is the unique formulation that has propelled Budweiser into the staple beer which...
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...world, some fail after a few months and others continue to grow as the years pass by. What makes the company fail or grow is the way they plan out their market plans. The marketing plans have to be taken into deeply consideration and have to work with the company in order for them to do greatly. When the marketing plans succeed, so does the company. Marketing plan is when the marketer of the company comes up with an organized plan in which the company can reach their marketing objectives. There are two plans that come into play when working on the marketing plan. The first one is called the strategic marketing plan which is when the marketer puts out an outline based on the company’s abilities and introduces it to the rest of the company’s workers. The second plan is called the tactical marketing plan which is when things like the pricing, promotion, and etc. come to play (Kotler, & Keller, Marketing Management, 2009). One company has been around for a hundred years and would continue to be around for many more to come if they stay on the path they are on now. The name of the company is International Business Machines otherwise known as IBM. The International Business Machines makes and sells both computer hardware and software (Taft, D., 2011, pg. 1). Just knowing that IBM has been around for that many years proves that their market plan has worked for them and would continue to work. When the new technologies started to come out; Mills adapted to the new technologies and...
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...* What is scenario planning? Under what conditions is it useful? How important do you think scenario planning is as a context for international marketing planning? Scenario planning is defined as strategic planning method that organization use to make flexible long term plans based on generating a number of “what if” situations and then options on how they might respond to those situations( Keeley, 2011). In other word scenario planning a method for learning about the future by understanding the nature and impact of the most uncertain and important driving forces affecting the business. It is strategy tool used to discover potential future environments in order to understand how today’s strategic decisions will have an impact on an organizations in times to come. The key elements in scenario planning are “creative thinking, imagination, an informal methodology and use of qualitative, subjective information” scenario planning does not predict the future; rather it considers the complete scope of likely forces that might have impact on an organization. These may be intellectual, natural, social, political, economic, cultural or technological. Scenario planning is an important strategic tool for the business. Marketers can make choices through the scenario planning. The options can be screened by matching them to possible scenarios. Scenario planning provides tools for an organization to respond critical changes. It provides methods for understanding...
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...PART SIX Country Notebook THE COUNTRY NOTEBOOKA GUIDE FOR DEVELOPING A MARKETING PLAN TH E CO UN TRY N O TEB O O K O U T LI N E Cultural Analysis Economic Analysis Market Audit and Competitive Market Analysis Preliminary Marketing Plan cat2994X_cn_579-588.indd 579 8/3/10 2:44 PM CONFIRMING PAGES 580 Part 6 Supplementary Material The first stage in the planning process is a preliminary country analysis. The marketer needs basic information to evaluate a country market’s potential, identify problems that would eliminate a country from further consideration, identify aspects of the country’s environment that need further study, evaluate the components of the marketing mix for possible adaptation, and develop a strategic marketing plan. One further use of the information collected in the preliminary analysis is as a basis for a country notebook. Many companies, large and small, have a country notebook for each country in which they do business. The country notebook contains information a marketer should be aware of when making decisions involving a specific country market. As new information is collected, the country notebook is continually updated by the country or product manager. Whenever a marketing decision is made involving a country, the country notebook is the first database consulted. New-product introductions, changes in advertising programs, and other marketing program decisions begin with the country notebook. It also serves as a quick...
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...MARKETING PLAN Speedy Hire Plc Executive Summary: After becoming the premier hiring company in tools and equipment in UK Speedy Hire Plc is looking to diversify its business for the growth and future presence in the competitive business environment. This report is about to research the global marketplace for the business sector and develop a revised strategic and tactical marketing plan. I define our marketing goal as “the diversification of the business” by entering into the market as a construction contractor in both target markets 1 and 2 i.e. House building and Infrastructure. The marketing objective focuses on the efficient service and quality by keeping the market’s demand into consideration. To fulfil our objectives company will follow different strategic approaches like cost-leadership, mixed strategy depending upon the target market demand and strengths of the company. The reason for selecting House building and Infrastructure construction as the target market is the past and forecasted growth and the growing demand in these sectors in coming years which provides ample opportunity to do business and gain profit and market share. Situational Analysis: Company profile: Speedy Hire PLC (www.speedyhire.plc.uk and www.speedyhire.co.uk) is the UK’s number one provider of tools and equipment for hire. The company operates from more than 350 depots in the UK and the Republic of Ireland. Speedy was traditionally focused on tool hire, but now also has complementary...
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... MSc International Business International Marketing Assignment One Student No: B00630158 Word Count: 3020 Words Date of Hand in: 08/02/13 Content Page Section No Page No 1. Introduction 4 2. Product Information 4 3. Current Situation Analysis 6 3.1 Market Summary 6 3.2 SWOT Analysis 7 3.2.1 Strengths 8 3.2.2 Weaknesses 8 3.2.3 Opportunities 8 3.2.4 Threats 8 3.3 Competition 8 4. Market Entry 9 5. Marketing Strategy 10 5.1 Mission 11 5.2 Marketing Objectives 12 5.2.1 Segmentation 12 5.2.2 Targeting 12 5.2.3 Positioning 12 5.3 Communications Plan 13 5.4 Pricing Plan 14 6. Summary 14 7. References 15 1. Introduction This report will give information about the marketing plan of exporting Turkish coffee to the UK. The main information will be some background information about the coffee and the rest will be outlining and justifying the market and customer information, market entry methods, competitors and distribution channels. At the same time, the following plan formulates a new business strategy that will lead the way for future success. The most important part of a business plan is the Marketing Plan...
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