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MD.AL-MAMUN HOSSAIN
SENIOR MANAGER (EXPORT)
ALIN FOOD PRODUTCS LTD
 How to Succeed in Today’s Global
Marketplace
 Importance of a Marketing Plan
 Market Research and Resources
 Choosing a Product to Export
 Choosing Target Countries
 Export Distribution Plan
 Export Product Pricing Plan
 Advertising and Promotion Plan
 After Sales and Support Plan
 To Set-up Additional markets
 To find sales opportunities not found here
 Exposure to new ideas and concepts
 It’s fun, challenging and full of learning
 Global sourcing is a reality and its here to stay
 Instant access to information via the Internet
 Worldwide demand for more speed & efficiency,
better quality & service
 Information, technology, management and
finance are main U.S. strengths
 Fiercely competitive world
 Must differentiate your product
◦ High quality
◦ High or new technology
◦ New designs, more creativity
◦ Quick & Efficient Service
◦ Need for great branding, attractive products,
packaging and promotion
1. Do you have management commitment to
expand int’l?
 You will have:
◦ Budget
◦ Personnel
◦ Time commitments
Seven Questions to Answer
before Developing an
International Strategy
2. Who are the end-users and why do they
need your product?
 Identity the role the product plays for each
consumer.
3. What is the basis for your company’s
competitive advantage?
price, features, quality, customer service,
brand and product Image, technology.
4. What is the most effective distribution
channel for your product?
Do you sell to:
agents
distributors
direct to end-users
5. What role does your company play in the
value chain? What are the value-added
activities?
 R&D
 Purchasing
 HR management
 Technology
• Manufacturing
• Marketing and sales
• Customer service
6. Did you conduct an analysis of your
industry and its profitability structure?
• Bargaining power of buyers - leverage
• Threat of substitute products or services –
alternatives
• Bargaining power of suppliers - leverage
• Threat of new entrants - entry barriers
• Rivalry among existing firms – competition
7. When and how will you know if your
international expansion must either be stopped
or scaled back?
How much investment in time and resources
(cash) will be allowed before the company
acknowledges it cannot continue its
international strategy?
 Long term thinking
 Patient
 Flexible
 Culturally sensitive
 Ability to deal with both detail and broad
thinking and planning
 Good communicator with people skills
 Exporters
◦ Manufacturers
◦ Export Management Companies (EMC)
◦ Commission Reps
 Freight forwarders/Customs
Brokers
 Shipping lines/Airlines/Truck/Rail
 Banks
 Foreign Buyers
◦ Distributors
◦ Reps
◦ Retailers/Chain stores
1. Focus on a product and be the best
2. Know your buying and selling environment
and competitors
3. Know your foreign buyer environment and
needs
4. Manage well all processes between factory
and partners and foreign buyers
5. Its all about relationships. Make them
solid, make them last
 Global market is a big place
 We have limited resources
 Must focus efforts on best countries and
foreign partners for our products
 Need to budget money and time for the most
bang for the buck
 Need to fit into overall business plan
Written strategy for 2+ years covering:
◦ Products
◦ Target countries and sub markets
◦ Distribution channels
◦ Pricing
◦ Promotion
◦ Service
◦ Budget
◦ Travel
◦ Time goals
(See sample export marketing plans and
template)
 Export assistance agencies
 Internet
 Colleges, universities & libraries
 Trade & Industry associations
 Trade shows
 Information from other companies
 Foreign consulates & embassies
 Will your product sell abroad?
 Are product modifications required?
◦ Size/color/formulation/design
◦ Labels & packaging
◦ Instructions
◦ Language
◦ Voltage
 Where is the demand highest?
 Where is there less competition?
 Where do you have an advantage because of
language of culture
 Where do you already have contacts?
 Analysis of competition by country
 Researching your markets
◦ Understand your product classification numbers-
Harmonized Tariff Schedule (HTS) and SIC codes
◦ Use Trade agency websites
 CITD
 U.S. Department of Commerce
 U.S. Customs (for HTS codes)
Selecting Your Target Countries
 CITD.org Website
◦ Best Market Reports (BMR’s)
◦ International Trade Database
◦ Export and import trade statistics
 Decide on mix of distribution
channels:
◦ Distributors
◦ Commission representatives
◦ Chain stores
◦ Direct to end user
 Government agencies
 Internet
 Referrals
 Trade shows
 Trips
 Prices must be competitive with local,
foreign and U.S. companies
 Must be competitive with prices seen on
internet, even with U.S. distributors of
your own product
 Prices should be affordable to target
market buyers
 Must analyze total cost to end user, with
duties, sales VAT tax, distribution
margins, etc.
 Begins with plan of how to find & reach
potential buyers & distributors
 Direct mail and email
 Website and links (don’t forget foreign
language translation)
 Use of media: magazines, newspaper, radio
& TV
 Trade shows in local and abroad
 Trade associations and directories
 There will always be after sales service and
warranty issues
 Normal local policies are usually not enough.
 Need to cover:
◦ Who takes care of service? Here or there?
◦ Who pays for service and freight if returned?
◦ Who pays for training?
 Make a realistic budget, including:
◦ People & salaries
◦ Promotion, materials & advertising
◦ Communication
◦ Trips
◦ Trade shows
 Frequent commutation with buyer & partners
minimizes misunderstandings
 Understanding of foreign requirements and
cultural differences very important. If they ask
for it, they probably need it
 Provide responses and solutions quickly
 Travel and meeting clients and partners is
essential and will triple your sales!
 Make travel plan budget
 Establish travel procedures S.O.P
 Visit your customers at least once/Yr.
 Combine with trade shows
 Don’t forget local shows
 Take samples & literature
 Learn culture and honor clients
 This is a quickly changing world
 Learn by your mistakes and quickly adapt to
new conditions and trends
 KEY: Learn to listen to your buyers & let the
market tell you what it wants
 There is a large international sales and
profit potential
 To succeed, we don’t have to be the richest
or smartest, but we must be ready to
commit to the export process, putting in
the time and effort required over the long
term.

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Exports trategy marketing plan phpapp02

  • 1. MD.AL-MAMUN HOSSAIN SENIOR MANAGER (EXPORT) ALIN FOOD PRODUTCS LTD
  • 2.  How to Succeed in Today’s Global Marketplace  Importance of a Marketing Plan  Market Research and Resources  Choosing a Product to Export
  • 3.  Choosing Target Countries  Export Distribution Plan  Export Product Pricing Plan  Advertising and Promotion Plan  After Sales and Support Plan
  • 4.  To Set-up Additional markets  To find sales opportunities not found here  Exposure to new ideas and concepts  It’s fun, challenging and full of learning
  • 5.  Global sourcing is a reality and its here to stay  Instant access to information via the Internet  Worldwide demand for more speed & efficiency, better quality & service  Information, technology, management and finance are main U.S. strengths
  • 6.  Fiercely competitive world  Must differentiate your product ◦ High quality ◦ High or new technology ◦ New designs, more creativity ◦ Quick & Efficient Service ◦ Need for great branding, attractive products, packaging and promotion
  • 7. 1. Do you have management commitment to expand int’l?  You will have: ◦ Budget ◦ Personnel ◦ Time commitments Seven Questions to Answer before Developing an International Strategy
  • 8. 2. Who are the end-users and why do they need your product?  Identity the role the product plays for each consumer.
  • 9. 3. What is the basis for your company’s competitive advantage? price, features, quality, customer service, brand and product Image, technology.
  • 10. 4. What is the most effective distribution channel for your product? Do you sell to: agents distributors direct to end-users
  • 11. 5. What role does your company play in the value chain? What are the value-added activities?  R&D  Purchasing  HR management  Technology • Manufacturing • Marketing and sales • Customer service
  • 12. 6. Did you conduct an analysis of your industry and its profitability structure? • Bargaining power of buyers - leverage • Threat of substitute products or services – alternatives • Bargaining power of suppliers - leverage • Threat of new entrants - entry barriers • Rivalry among existing firms – competition
  • 13. 7. When and how will you know if your international expansion must either be stopped or scaled back? How much investment in time and resources (cash) will be allowed before the company acknowledges it cannot continue its international strategy?
  • 14.  Long term thinking  Patient  Flexible  Culturally sensitive  Ability to deal with both detail and broad thinking and planning  Good communicator with people skills
  • 15.  Exporters ◦ Manufacturers ◦ Export Management Companies (EMC) ◦ Commission Reps  Freight forwarders/Customs Brokers  Shipping lines/Airlines/Truck/Rail  Banks  Foreign Buyers ◦ Distributors ◦ Reps ◦ Retailers/Chain stores
  • 16. 1. Focus on a product and be the best 2. Know your buying and selling environment and competitors 3. Know your foreign buyer environment and needs 4. Manage well all processes between factory and partners and foreign buyers 5. Its all about relationships. Make them solid, make them last
  • 17.  Global market is a big place  We have limited resources  Must focus efforts on best countries and foreign partners for our products  Need to budget money and time for the most bang for the buck  Need to fit into overall business plan
  • 18. Written strategy for 2+ years covering: ◦ Products ◦ Target countries and sub markets ◦ Distribution channels ◦ Pricing ◦ Promotion ◦ Service ◦ Budget ◦ Travel ◦ Time goals (See sample export marketing plans and template)
  • 19.  Export assistance agencies  Internet  Colleges, universities & libraries  Trade & Industry associations  Trade shows  Information from other companies  Foreign consulates & embassies
  • 20.  Will your product sell abroad?  Are product modifications required? ◦ Size/color/formulation/design ◦ Labels & packaging ◦ Instructions ◦ Language ◦ Voltage
  • 21.  Where is the demand highest?  Where is there less competition?  Where do you have an advantage because of language of culture  Where do you already have contacts?  Analysis of competition by country
  • 22.  Researching your markets ◦ Understand your product classification numbers- Harmonized Tariff Schedule (HTS) and SIC codes ◦ Use Trade agency websites  CITD  U.S. Department of Commerce  U.S. Customs (for HTS codes) Selecting Your Target Countries
  • 23.  CITD.org Website ◦ Best Market Reports (BMR’s) ◦ International Trade Database ◦ Export and import trade statistics
  • 24.  Decide on mix of distribution channels: ◦ Distributors ◦ Commission representatives ◦ Chain stores ◦ Direct to end user
  • 25.  Government agencies  Internet  Referrals  Trade shows  Trips
  • 26.  Prices must be competitive with local, foreign and U.S. companies  Must be competitive with prices seen on internet, even with U.S. distributors of your own product  Prices should be affordable to target market buyers  Must analyze total cost to end user, with duties, sales VAT tax, distribution margins, etc.
  • 27.  Begins with plan of how to find & reach potential buyers & distributors  Direct mail and email  Website and links (don’t forget foreign language translation)  Use of media: magazines, newspaper, radio & TV  Trade shows in local and abroad  Trade associations and directories
  • 28.  There will always be after sales service and warranty issues  Normal local policies are usually not enough.  Need to cover: ◦ Who takes care of service? Here or there? ◦ Who pays for service and freight if returned? ◦ Who pays for training?
  • 29.  Make a realistic budget, including: ◦ People & salaries ◦ Promotion, materials & advertising ◦ Communication ◦ Trips ◦ Trade shows
  • 30.  Frequent commutation with buyer & partners minimizes misunderstandings  Understanding of foreign requirements and cultural differences very important. If they ask for it, they probably need it  Provide responses and solutions quickly  Travel and meeting clients and partners is essential and will triple your sales!
  • 31.  Make travel plan budget  Establish travel procedures S.O.P  Visit your customers at least once/Yr.  Combine with trade shows  Don’t forget local shows  Take samples & literature  Learn culture and honor clients
  • 32.  This is a quickly changing world  Learn by your mistakes and quickly adapt to new conditions and trends  KEY: Learn to listen to your buyers & let the market tell you what it wants
  • 33.  There is a large international sales and profit potential  To succeed, we don’t have to be the richest or smartest, but we must be ready to commit to the export process, putting in the time and effort required over the long term.

Hinweis der Redaktion

  1. You will be inline with management goals and expectations. training People Buy-in Lack of clarity of the goals Lack of resources Changing environment Timeline / budget
  2. To help identity which foreign markets are suitable for your products and what potential product modifications will be required.
  3. What role does each of these have in the competitive nature of your product. To help identity which foreign markets are suitable and determine the marketing approach.
  4. This will help you identify your foreign market entry method and ideal customers.
  5. What does your company do and which of these functions are outsourced? To identify what functions will later be done by your company or your foreign partner.
  6. A common analysis is the Porter Five Forces model, discussed In Michael Porter's book Competitive Strategy. It presents an analytical framework for understanding industries and competitors particularly by describing five competitive forces that determine industry attractiveness: People processes & Technology http://en.wikipedia.org/wiki/Porter_five_forces_analysis
  7. International expansion is often exciting. Even minor successes get the attention of staff and company stakeholders (owners, shareholders). But its very nature can also lure a company to keep investing and expanding without the necessary profit returns. The push and excitement to go global may also blind the company, including management, to the reality that the investment may become too great and retrenchment is necessary. Thus a company's international business plan must address indicators that eventually force the issue of addressing further investing in the global expansion. These may be on a market by market basis, or the whole of the international expansion plan.