SlideShare a Scribd company logo
1 of 70
Download to read offline
by Lev Mikulitski

The essence of International Marketing
Practical approach / world best practices
So, you’ve understood
that the future of your business
is far from home.
And you have the ambition,
vision and confidence to want
to become a global

player.
From this point,
you have two key

challenges:
you need to build
global business and you need
to build global brand.
You have
a clear target
but how

will you
get there?
Without a sustainable

global business model,
you simply put your
company resources at risk.
Without the ability
to define how you

capture, create
and deliver value globally,
you simply don’t know
what you are doing.
So, It’s all about
an effective and focused

strategy!
And… risk

management.
NOT a race
to plant flags in as many
countries as possible.
It’s a long way to go,
not a one year event and…
you won’t see the fruits immediately,
so be patient.
10 basic rules before
you’ll ship your first

container.
1

It’s a
WIN WIN WIN GAME

or loss

!

Think about how your partners will benefit
from you selling them.
2

Management is

everything!
You should put your best man to
handle it and you should measure
your every move.
3

Collect data
as much as you can.
You can’t go there without sufficient market research.
4
Make sure your
ambition match

your efforts.
If you declare that you want to go
globally, you’ll have to behave as one.
5

You’re no#1
Don’t expect that everybody knows
challenge would be
who you are and what you’re good at.
Most of the time they will not!
building brand
Your no#1
challenge should be building brand awareness.

awareness.
Don’t expect that everybody know who
you are and what you’re good at.
Most of the time they will not!
6

Be as creative as possible.
It will lower your marketing expenses.
7
One size

does not fit all!
Don’t copy paste the same penetration/product
strategy every place you go.
Different places = different game rules.
8

Seek the shortest
and efficient path to the
consumer!
It will enable the most attractive
pricing strategy.
9
It is your baby.
If you’re not willing
to invest in it,

no one will do
it for you.
If you’ll put your costs on your channel
partners, they simply stop be your ones.
10

Learn from your
competitors and from
other markets all the time.
The world is changing all the time,
embrace the change.
OK, let’s connect
by applying the 3P Model.
What the h…
Is the 3P Model?

Planning,
Partnering,
Promoting.
The 3P model is a general approach
to an effective global business/ brand
building. It based on world best practices
and maybe applied to almost all
Industries.
Pay attention!
It’s a basic strategic
marketing planning model.
While applying it on
an international marketing,
you’ll have to alter it in order
making it more effective.
So, where do you go first?
BRIC countries (Brazil, Russia, India, China),
VIP countries (Vietnam, Indonesia, Philippines),
or maybe African countries?
First choose

consumer segment,
then choose countries!
First choose

consumer segment,
then choose countries!
Segment first

Country after

Similar Markets / Non Similar Markets

Ethnic
Diaspora
Price
Segments
Functional
segments

Niche
Segments
High Growth
Segments
New Brands
Consumers

Opportunity for profit / Ability to profit

Market
Size
Geographic
Centrality
Market
Growth Rate

Similar
Markets
Ease of Brand
Building
Proximity
Always remember the

CONTEXT.
Some segments/countries
you’ll be able to approach more
easily, while others will remain

inaccessible.
Some of the question you’ll have to ask:

What does your
company do well?
which product categories
do you outperform your
competitors?
what change do you
bring to the world?
Some of the question you’ll have to ask:

What does your
competitors stand for?
what are their market
shares? Pricing? How
much do they invest in
brand building?
Some of the question you’ll have to ask:

What are their
unmet needs? what trends
can you spot and
leverage? what insights
can you identify from their
behavior?
How are you going to be

perceived
the consumers minds?

in
Your positioning
should express your
market sustainable

competitive
advantage!
Your Marketing Mix
has to be in
congruence with your
positioning.
Sometimes you’ll win
the market by applying a

100% product quality,
targeting the mid-premium market.
Other times you’ll have

to develop a 50%

quality
/ 20% price strategy.
So, be flexible!
It’s strictly a question
of a segment/country you want
to approach + your business DNA
and financial capabilities.
Every country should have
It’s own business approach
/ business model.
Your own facilities in a target
location. Full commitment of the
sales force. Full presence and
control over the system. Fixed cost
solution which require a certain
sales volume to effectively operate
the subsidiary.
You can apply this model
if you can provide an exceptional
visionary management team.
This is usually how companies
do business. Distributors generally
offer “one stop shop” for commercial,
logistics and financial services.
Variable cost operation.
You’ll fight a margin
and a share of focus “war”
with a good distributor
but it will open the doors
to the market.
Approaching a good distributor
it’s an art. Think strategically.
Show how can he benefit from you.
Be complimentary to his business
leveraging his resources to new horizons.
Make sure the supply chain
to the market is efficient and
as short as possible.
The synergy between local
Marketing team and separated
distributor who responsible for the
logistics/sales force under the
supervision of the local team is a
common practice.
Could be with local manufacturer
or local distributor. Usually a solution
that may leverage the expertise and
existing marketing channels of the
local partner.
Very efficient.
The ability to “open the right doors”.
Very popular in the food sector and in
the US/North American Market.
No “middleman solution”.
The ability to approach the consumer
with more attractive pricing.
Direct interaction with the consumer.
A very big challenge approaching all
the market.
Opportunistic sales to opportunistic
markets. The ability to sell small
volumes without the necessity to long
term brand building.
Going this way,
think if it doesn’t have a
LONG TERM BAD IMPACT
on your business/brand.
Partnering is all abut
TRUST and RESPECT!
Nobody will develop
a relationship with you
before he will know you,
trust you and feel good to
have you at home .
This is true for B2C as
well as for B2B business.
This what gives
all the parties involved
the security that your
products can be adopted
by the final consumer!
Communication is
extremely important!
BUT expensive.
So you need an effective
and… cheep approach to
overcome your first and most
important challenge:

to build awareness.
FIRST, create value through
differentiation. “Build” new markets.
A strategic approach for “low cost”

awareness building.

1

2
Start with
focused range of
special products
and create
differentiation in
the market space

3
Grow in
consumer
relevance and
increase market
penetration

4
Gain consumer
trust and esteem
through quality

Build knowledge
and awareness to
the brand
SECOND, don’t apply the
conventional brand building
approach.
Purchase

Preference

Awareness
BE CREATIVE.
Create BUZZ and advocacy.

Advocacy

Purchase

Relationship
What NEXT?
Think long term.
Expanding Over Time:
A: Increasing Share of Wallet
B: Adding New Segments
C: Adding New Markets
When you’ll face challenges,
go back to the 10 basic rules.
Good luck!
by Lev Mikulitski

The essence of International Marketing
Practical approach / world best practices

More Related Content

What's hot

Controllable and uncontrollable factors of international marketing
Controllable and uncontrollable factors of international marketingControllable and uncontrollable factors of international marketing
Controllable and uncontrollable factors of international marketingGurleen Kaur
 
Nature, importance & scope of International Marketing
Nature, importance & scope of International Marketing Nature, importance & scope of International Marketing
Nature, importance & scope of International Marketing babar mushtaq
 
International marketing
International marketingInternational marketing
International marketingDeepak25
 
International marketing
International marketingInternational marketing
International marketingLALIT CHIKKER
 
Global marketing
Global marketingGlobal marketing
Global marketingshr3k1090
 
comparison between internal & international marketing
comparison between internal & international marketingcomparison between internal & international marketing
comparison between internal & international marketingbabar mushtaq
 
International Marketing: An Introduction
International Marketing: An IntroductionInternational Marketing: An Introduction
International Marketing: An Introductionarciagarj
 
International Marketing Management - International Marketing Research & Segme...
International Marketing Management - International Marketing Research & Segme...International Marketing Management - International Marketing Research & Segme...
International Marketing Management - International Marketing Research & Segme...SOMASUNDARAM T
 
International Marketing Lecture 1
International Marketing Lecture 1International Marketing Lecture 1
International Marketing Lecture 1Murray Hunter
 
Nature of international marketing
Nature of international marketingNature of international marketing
Nature of international marketingRafia Tasneem
 
Global marketing environment and current scenario
Global marketing environment and current scenarioGlobal marketing environment and current scenario
Global marketing environment and current scenarioSourav Karmakar
 
Chap20 International Advertising And Promotion
Chap20 International Advertising And PromotionChap20 International Advertising And Promotion
Chap20 International Advertising And PromotionPhoenix media & event
 
International marketing
International marketingInternational marketing
International marketingKomal Vasoya
 
Introduction to International marketing ( under Calcutta University Marketing...
Introduction to International marketing ( under Calcutta University Marketing...Introduction to International marketing ( under Calcutta University Marketing...
Introduction to International marketing ( under Calcutta University Marketing...MAHUA MUKHERJEE
 

What's hot (20)

Controllable and uncontrollable factors of international marketing
Controllable and uncontrollable factors of international marketingControllable and uncontrollable factors of international marketing
Controllable and uncontrollable factors of international marketing
 
Global marketing
Global marketingGlobal marketing
Global marketing
 
Nature, importance & scope of International Marketing
Nature, importance & scope of International Marketing Nature, importance & scope of International Marketing
Nature, importance & scope of International Marketing
 
International marketing
International marketingInternational marketing
International marketing
 
International Marketing - An Introduction
International Marketing - An IntroductionInternational Marketing - An Introduction
International Marketing - An Introduction
 
International marketing
International marketingInternational marketing
International marketing
 
Global marketing
Global marketingGlobal marketing
Global marketing
 
comparison between internal & international marketing
comparison between internal & international marketingcomparison between internal & international marketing
comparison between internal & international marketing
 
International Marketing: An Introduction
International Marketing: An IntroductionInternational Marketing: An Introduction
International Marketing: An Introduction
 
International Marketing Management - International Marketing Research & Segme...
International Marketing Management - International Marketing Research & Segme...International Marketing Management - International Marketing Research & Segme...
International Marketing Management - International Marketing Research & Segme...
 
International Marketing Lecture 1
International Marketing Lecture 1International Marketing Lecture 1
International Marketing Lecture 1
 
Imm 4th sem notes
Imm 4th sem notesImm 4th sem notes
Imm 4th sem notes
 
Nature of international marketing
Nature of international marketingNature of international marketing
Nature of international marketing
 
Global marketing environment and current scenario
Global marketing environment and current scenarioGlobal marketing environment and current scenario
Global marketing environment and current scenario
 
MARKETING ppt
MARKETING  pptMARKETING  ppt
MARKETING ppt
 
Chapter11
Chapter11Chapter11
Chapter11
 
Chap20 International Advertising And Promotion
Chap20 International Advertising And PromotionChap20 International Advertising And Promotion
Chap20 International Advertising And Promotion
 
International marketing
International marketingInternational marketing
International marketing
 
Introduction to International marketing ( under Calcutta University Marketing...
Introduction to International marketing ( under Calcutta University Marketing...Introduction to International marketing ( under Calcutta University Marketing...
Introduction to International marketing ( under Calcutta University Marketing...
 
Pp 01 introduction
Pp 01 introductionPp 01 introduction
Pp 01 introduction
 

Viewers also liked

Why International marketers fail 2013
Why International marketers fail 2013Why International marketers fail 2013
Why International marketers fail 2013doubletriple-fbm
 
Social Media Profile of Int'l Organisations
Social Media Profile of Int'l OrganisationsSocial Media Profile of Int'l Organisations
Social Media Profile of Int'l OrganisationsRodolfo Quevenco
 
Marketing international
Marketing internationalMarketing international
Marketing internationalRémi EVRARD
 
International marketing mistakes
International marketing mistakesInternational marketing mistakes
International marketing mistakeswertsfd10
 
Partnering Your Way To Community Center Success
Partnering Your Way To Community Center SuccessPartnering Your Way To Community Center Success
Partnering Your Way To Community Center SuccessMichael Hecker
 
Romania-Ukraine Relations. Bucharest Workshop
Romania-Ukraine Relations. Bucharest WorkshopRomania-Ukraine Relations. Bucharest Workshop
Romania-Ukraine Relations. Bucharest Workshoplivianamustafa
 
эговиртуальная презентация
эговиртуальная презентацияэговиртуальная презентация
эговиртуальная презентацияОлег Паладьев
 
Partnership offer for eurolab from crystal hall
Partnership offer for eurolab from crystal hallPartnership offer for eurolab from crystal hall
Partnership offer for eurolab from crystal hallJulia Fij Belyanevych
 
Eu at a glance i
Eu at a glance iEu at a glance i
Eu at a glance ipoliscnua
 
Microsoft Case Competition >> Как преуспеть в 1 туре
Microsoft Case Competition >> Как преуспеть в 1 туреMicrosoft Case Competition >> Как преуспеть в 1 туре
Microsoft Case Competition >> Как преуспеть в 1 туреChangellenge >> Capital
 
Essential China Travel Trends - 2010 Tiger Edition
Essential China Travel Trends - 2010 Tiger EditionEssential China Travel Trends - 2010 Tiger Edition
Essential China Travel Trends - 2010 Tiger EditionDr Jens Thraenhart
 
CMTR GSS Presentation Rev1
CMTR GSS Presentation Rev1CMTR GSS Presentation Rev1
CMTR GSS Presentation Rev1David Vequist
 
Win Chinese Tourists April2010
Win Chinese Tourists April2010Win Chinese Tourists April2010
Win Chinese Tourists April2010Dr Jens Thraenhart
 
Self-regulatory initiatives: Improving Transparency and Accountability
Self-regulatory initiatives: Improving Transparency and AccountabilitySelf-regulatory initiatives: Improving Transparency and Accountability
Self-regulatory initiatives: Improving Transparency and AccountabilityHumaneasy Consulting
 
Cooperation is Not Enough: Building a True Partnership Between Recruiting and...
Cooperation is Not Enough: Building a True Partnership Between Recruiting and...Cooperation is Not Enough: Building a True Partnership Between Recruiting and...
Cooperation is Not Enough: Building a True Partnership Between Recruiting and...LinkedIn Talent Solutions
 
Future Trends in Healthcare
Future Trends in HealthcareFuture Trends in Healthcare
Future Trends in HealthcareFarhad Zargari
 

Viewers also liked (20)

Why International marketers fail 2013
Why International marketers fail 2013Why International marketers fail 2013
Why International marketers fail 2013
 
Social Media Profile of Int'l Organisations
Social Media Profile of Int'l OrganisationsSocial Media Profile of Int'l Organisations
Social Media Profile of Int'l Organisations
 
Marketing international
Marketing internationalMarketing international
Marketing international
 
International marketing mistakes
International marketing mistakesInternational marketing mistakes
International marketing mistakes
 
Prof. Eilís Ferran, FOI Roundtable presentation - 16 October 2013
Prof. Eilís Ferran, FOI Roundtable presentation - 16 October 2013Prof. Eilís Ferran, FOI Roundtable presentation - 16 October 2013
Prof. Eilís Ferran, FOI Roundtable presentation - 16 October 2013
 
эгоклонирование 19.11.2010
эгоклонирование 19.11.2010эгоклонирование 19.11.2010
эгоклонирование 19.11.2010
 
Partnering Your Way To Community Center Success
Partnering Your Way To Community Center SuccessPartnering Your Way To Community Center Success
Partnering Your Way To Community Center Success
 
Romania-Ukraine Relations. Bucharest Workshop
Romania-Ukraine Relations. Bucharest WorkshopRomania-Ukraine Relations. Bucharest Workshop
Romania-Ukraine Relations. Bucharest Workshop
 
эговиртуальная презентация
эговиртуальная презентацияэговиртуальная презентация
эговиртуальная презентация
 
Partnership offer for eurolab from crystal hall
Partnership offer for eurolab from crystal hallPartnership offer for eurolab from crystal hall
Partnership offer for eurolab from crystal hall
 
Eu at a glance i
Eu at a glance iEu at a glance i
Eu at a glance i
 
Microsoft Case Competition >> Как преуспеть в 1 туре
Microsoft Case Competition >> Как преуспеть в 1 туреMicrosoft Case Competition >> Как преуспеть в 1 туре
Microsoft Case Competition >> Как преуспеть в 1 туре
 
Essential China Travel Trends - 2010 Tiger Edition
Essential China Travel Trends - 2010 Tiger EditionEssential China Travel Trends - 2010 Tiger Edition
Essential China Travel Trends - 2010 Tiger Edition
 
CMTR GSS Presentation Rev1
CMTR GSS Presentation Rev1CMTR GSS Presentation Rev1
CMTR GSS Presentation Rev1
 
Win Chinese Tourists April2010
Win Chinese Tourists April2010Win Chinese Tourists April2010
Win Chinese Tourists April2010
 
Development of port terminal infrastructure in Leningrad region, Russia
Development of port terminal infrastructure in Leningrad region, RussiaDevelopment of port terminal infrastructure in Leningrad region, Russia
Development of port terminal infrastructure in Leningrad region, Russia
 
Crises in tourism
Crises in tourismCrises in tourism
Crises in tourism
 
Self-regulatory initiatives: Improving Transparency and Accountability
Self-regulatory initiatives: Improving Transparency and AccountabilitySelf-regulatory initiatives: Improving Transparency and Accountability
Self-regulatory initiatives: Improving Transparency and Accountability
 
Cooperation is Not Enough: Building a True Partnership Between Recruiting and...
Cooperation is Not Enough: Building a True Partnership Between Recruiting and...Cooperation is Not Enough: Building a True Partnership Between Recruiting and...
Cooperation is Not Enough: Building a True Partnership Between Recruiting and...
 
Future Trends in Healthcare
Future Trends in HealthcareFuture Trends in Healthcare
Future Trends in Healthcare
 

Similar to International Marketing Strategy

Noboru World_10 Marketing mistakes startups need to stop!.pdf
Noboru World_10 Marketing mistakes startups need to stop!.pdfNoboru World_10 Marketing mistakes startups need to stop!.pdf
Noboru World_10 Marketing mistakes startups need to stop!.pdfNoboru World
 
Retail Marketing Strategy retail rajnish kumar itc
Retail Marketing Strategy retail  rajnish kumar itcRetail Marketing Strategy retail  rajnish kumar itc
Retail Marketing Strategy retail rajnish kumar itcrajnish kumar
 
The 10 Most Common Marketing Pitfalls (and How to Avoid Them)
The 10 Most Common Marketing Pitfalls (and How to Avoid Them)The 10 Most Common Marketing Pitfalls (and How to Avoid Them)
The 10 Most Common Marketing Pitfalls (and How to Avoid Them)Fivestars
 
Sales Success Increase Your Selling And Marketing Skills
Sales Success   Increase Your Selling And Marketing SkillsSales Success   Increase Your Selling And Marketing Skills
Sales Success Increase Your Selling And Marketing SkillsBarath Surendran
 
Sell More Ad Pages than you ever thought possible
Sell More Ad Pages than you ever thought possibleSell More Ad Pages than you ever thought possible
Sell More Ad Pages than you ever thought possiblespencer longshore
 
6 Common Mistakes You Do In Lead Marketing & How To Avoid Them
6 Common Mistakes You Do In Lead Marketing & How To Avoid Them6 Common Mistakes You Do In Lead Marketing & How To Avoid Them
6 Common Mistakes You Do In Lead Marketing & How To Avoid ThemInstancers Technology
 
Marketing concept i arnelyn arellano
Marketing concept i arnelyn arellanoMarketing concept i arnelyn arellano
Marketing concept i arnelyn arellanoArnelyn Arellano
 
Better Business Plans and Strategy
Better Business Plans and StrategyBetter Business Plans and Strategy
Better Business Plans and StrategyNunzio Bruno
 
The 7 ps of marketing
The 7 ps of marketingThe 7 ps of marketing
The 7 ps of marketingTara Saini
 
Managing Large format Retail Stores in Consumer Electronics
Managing Large format Retail Stores in Consumer ElectronicsManaging Large format Retail Stores in Consumer Electronics
Managing Large format Retail Stores in Consumer ElectronicsSanjay Singh
 
Top 10 Startup Tips for Founders
Top 10 Startup Tips for FoundersTop 10 Startup Tips for Founders
Top 10 Startup Tips for FoundersEd Lu
 
Stop writing ugly Creative Briefs
Stop writing ugly Creative BriefsStop writing ugly Creative Briefs
Stop writing ugly Creative BriefsBeloved Brands Inc.
 
An Entrepreneur's Guide to Guerrilla Marketing: A Condensed Crash Course
An Entrepreneur's Guide to Guerrilla Marketing: A Condensed Crash CourseAn Entrepreneur's Guide to Guerrilla Marketing: A Condensed Crash Course
An Entrepreneur's Guide to Guerrilla Marketing: A Condensed Crash Courseshyamal singha
 
David Dubbs | The Beginners Guide to Internet Marketing
David Dubbs | The Beginners Guide to Internet MarketingDavid Dubbs | The Beginners Guide to Internet Marketing
David Dubbs | The Beginners Guide to Internet MarketingDavid Dubbs Internet Marketer
 
Sales Methodologies - A quick guide to boosting success - realSociable
Sales Methodologies - A quick guide to boosting success - realSociableSales Methodologies - A quick guide to boosting success - realSociable
Sales Methodologies - A quick guide to boosting success - realSociableDalia Asterbadi
 

Similar to International Marketing Strategy (20)

Noboru World_10 Marketing mistakes startups need to stop!.pdf
Noboru World_10 Marketing mistakes startups need to stop!.pdfNoboru World_10 Marketing mistakes startups need to stop!.pdf
Noboru World_10 Marketing mistakes startups need to stop!.pdf
 
30 frases sobre Marketing de Philip Kotler
30 frases sobre Marketing de Philip Kotler30 frases sobre Marketing de Philip Kotler
30 frases sobre Marketing de Philip Kotler
 
SMART Marketing for the Professional Services
SMART Marketing for the Professional ServicesSMART Marketing for the Professional Services
SMART Marketing for the Professional Services
 
Retail Marketing Strategy retail rajnish kumar itc
Retail Marketing Strategy retail  rajnish kumar itcRetail Marketing Strategy retail  rajnish kumar itc
Retail Marketing Strategy retail rajnish kumar itc
 
The 10 Most Common Marketing Pitfalls (and How to Avoid Them)
The 10 Most Common Marketing Pitfalls (and How to Avoid Them)The 10 Most Common Marketing Pitfalls (and How to Avoid Them)
The 10 Most Common Marketing Pitfalls (and How to Avoid Them)
 
Sales Success Increase Your Selling And Marketing Skills
Sales Success   Increase Your Selling And Marketing SkillsSales Success   Increase Your Selling And Marketing Skills
Sales Success Increase Your Selling And Marketing Skills
 
Sell More Ad Pages than you ever thought possible
Sell More Ad Pages than you ever thought possibleSell More Ad Pages than you ever thought possible
Sell More Ad Pages than you ever thought possible
 
6 Common Mistakes You Do In Lead Marketing & How To Avoid Them
6 Common Mistakes You Do In Lead Marketing & How To Avoid Them6 Common Mistakes You Do In Lead Marketing & How To Avoid Them
6 Common Mistakes You Do In Lead Marketing & How To Avoid Them
 
Marketing 101 Tactics
Marketing 101 TacticsMarketing 101 Tactics
Marketing 101 Tactics
 
Marketing concept i arnelyn arellano
Marketing concept i arnelyn arellanoMarketing concept i arnelyn arellano
Marketing concept i arnelyn arellano
 
Better Business Plans and Strategy
Better Business Plans and StrategyBetter Business Plans and Strategy
Better Business Plans and Strategy
 
Business Development
Business DevelopmentBusiness Development
Business Development
 
The 7 ps of marketing
The 7 ps of marketingThe 7 ps of marketing
The 7 ps of marketing
 
Managing Large format Retail Stores in Consumer Electronics
Managing Large format Retail Stores in Consumer ElectronicsManaging Large format Retail Stores in Consumer Electronics
Managing Large format Retail Stores in Consumer Electronics
 
Top 10 Startup Tips for Founders
Top 10 Startup Tips for FoundersTop 10 Startup Tips for Founders
Top 10 Startup Tips for Founders
 
Stop writing ugly Creative Briefs
Stop writing ugly Creative BriefsStop writing ugly Creative Briefs
Stop writing ugly Creative Briefs
 
An Entrepreneur's Guide to Guerrilla Marketing: A Condensed Crash Course
An Entrepreneur's Guide to Guerrilla Marketing: A Condensed Crash CourseAn Entrepreneur's Guide to Guerrilla Marketing: A Condensed Crash Course
An Entrepreneur's Guide to Guerrilla Marketing: A Condensed Crash Course
 
David Dubbs | The Beginners Guide to Internet Marketing
David Dubbs | The Beginners Guide to Internet MarketingDavid Dubbs | The Beginners Guide to Internet Marketing
David Dubbs | The Beginners Guide to Internet Marketing
 
Sales Methodologies - A quick guide to boosting success - realSociable
Sales Methodologies - A quick guide to boosting success - realSociableSales Methodologies - A quick guide to boosting success - realSociable
Sales Methodologies - A quick guide to boosting success - realSociable
 
Marketing
MarketingMarketing
Marketing
 

Recently uploaded

SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecZurliaSoop
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSpanmisemningshen123
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperityhemanthkumar470700
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptxRoofing Contractor
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPanhandleOilandGas
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingNauman Safdar
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfwill854175
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizharallensay1
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfbelieveminhh
 
New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateCannaBusinessPlans
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon investment
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...NadhimTaha
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...meghakumariji156
 
BeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdfBeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdfDerekIwanaka1
 

Recently uploaded (20)

unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
 
New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck Template
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
BeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdfBeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdf
 

International Marketing Strategy

  • 1. by Lev Mikulitski The essence of International Marketing Practical approach / world best practices
  • 2. So, you’ve understood that the future of your business is far from home.
  • 3. And you have the ambition, vision and confidence to want to become a global player.
  • 4. From this point, you have two key challenges: you need to build global business and you need to build global brand.
  • 5. You have a clear target but how will you get there?
  • 6. Without a sustainable global business model, you simply put your company resources at risk.
  • 7. Without the ability to define how you capture, create and deliver value globally, you simply don’t know what you are doing.
  • 8. So, It’s all about an effective and focused strategy!
  • 10. NOT a race to plant flags in as many countries as possible.
  • 11. It’s a long way to go, not a one year event and… you won’t see the fruits immediately, so be patient.
  • 12. 10 basic rules before you’ll ship your first container.
  • 13. 1 It’s a WIN WIN WIN GAME or loss ! Think about how your partners will benefit from you selling them.
  • 14. 2 Management is everything! You should put your best man to handle it and you should measure your every move.
  • 15. 3 Collect data as much as you can. You can’t go there without sufficient market research.
  • 16. 4 Make sure your ambition match your efforts. If you declare that you want to go globally, you’ll have to behave as one.
  • 17. 5 You’re no#1 Don’t expect that everybody knows challenge would be who you are and what you’re good at. Most of the time they will not! building brand Your no#1 challenge should be building brand awareness. awareness. Don’t expect that everybody know who you are and what you’re good at. Most of the time they will not!
  • 18. 6 Be as creative as possible. It will lower your marketing expenses.
  • 19. 7 One size does not fit all! Don’t copy paste the same penetration/product strategy every place you go. Different places = different game rules.
  • 20. 8 Seek the shortest and efficient path to the consumer! It will enable the most attractive pricing strategy.
  • 21. 9 It is your baby. If you’re not willing to invest in it, no one will do it for you. If you’ll put your costs on your channel partners, they simply stop be your ones.
  • 22. 10 Learn from your competitors and from other markets all the time. The world is changing all the time, embrace the change.
  • 23. OK, let’s connect by applying the 3P Model.
  • 24. What the h… Is the 3P Model? Planning, Partnering, Promoting.
  • 25. The 3P model is a general approach to an effective global business/ brand building. It based on world best practices and maybe applied to almost all Industries.
  • 26.
  • 27. Pay attention! It’s a basic strategic marketing planning model. While applying it on an international marketing, you’ll have to alter it in order making it more effective.
  • 28.
  • 29. So, where do you go first? BRIC countries (Brazil, Russia, India, China), VIP countries (Vietnam, Indonesia, Philippines), or maybe African countries?
  • 31. First choose consumer segment, then choose countries! Segment first Country after Similar Markets / Non Similar Markets Ethnic Diaspora Price Segments Functional segments Niche Segments High Growth Segments New Brands Consumers Opportunity for profit / Ability to profit Market Size Geographic Centrality Market Growth Rate Similar Markets Ease of Brand Building Proximity
  • 32. Always remember the CONTEXT. Some segments/countries you’ll be able to approach more easily, while others will remain inaccessible.
  • 33. Some of the question you’ll have to ask: What does your company do well? which product categories do you outperform your competitors? what change do you bring to the world?
  • 34. Some of the question you’ll have to ask: What does your competitors stand for? what are their market shares? Pricing? How much do they invest in brand building?
  • 35. Some of the question you’ll have to ask: What are their unmet needs? what trends can you spot and leverage? what insights can you identify from their behavior?
  • 36. How are you going to be perceived the consumers minds? in
  • 37. Your positioning should express your market sustainable competitive advantage!
  • 38. Your Marketing Mix has to be in congruence with your positioning.
  • 39. Sometimes you’ll win the market by applying a 100% product quality, targeting the mid-premium market. Other times you’ll have to develop a 50% quality / 20% price strategy.
  • 41.
  • 42. It’s strictly a question of a segment/country you want to approach + your business DNA and financial capabilities.
  • 43. Every country should have It’s own business approach / business model.
  • 44. Your own facilities in a target location. Full commitment of the sales force. Full presence and control over the system. Fixed cost solution which require a certain sales volume to effectively operate the subsidiary.
  • 45. You can apply this model if you can provide an exceptional visionary management team.
  • 46. This is usually how companies do business. Distributors generally offer “one stop shop” for commercial, logistics and financial services. Variable cost operation.
  • 47. You’ll fight a margin and a share of focus “war” with a good distributor but it will open the doors to the market.
  • 48. Approaching a good distributor it’s an art. Think strategically. Show how can he benefit from you. Be complimentary to his business leveraging his resources to new horizons.
  • 49. Make sure the supply chain to the market is efficient and as short as possible.
  • 50. The synergy between local Marketing team and separated distributor who responsible for the logistics/sales force under the supervision of the local team is a common practice.
  • 51. Could be with local manufacturer or local distributor. Usually a solution that may leverage the expertise and existing marketing channels of the local partner.
  • 52. Very efficient. The ability to “open the right doors”. Very popular in the food sector and in the US/North American Market.
  • 53. No “middleman solution”. The ability to approach the consumer with more attractive pricing. Direct interaction with the consumer. A very big challenge approaching all the market.
  • 54. Opportunistic sales to opportunistic markets. The ability to sell small volumes without the necessity to long term brand building.
  • 55. Going this way, think if it doesn’t have a LONG TERM BAD IMPACT on your business/brand.
  • 56. Partnering is all abut TRUST and RESPECT!
  • 57.
  • 58. Nobody will develop a relationship with you before he will know you, trust you and feel good to have you at home .
  • 59. This is true for B2C as well as for B2B business. This what gives all the parties involved the security that your products can be adopted by the final consumer!
  • 61. So you need an effective and… cheep approach to overcome your first and most important challenge: to build awareness.
  • 62. FIRST, create value through differentiation. “Build” new markets.
  • 63. A strategic approach for “low cost” awareness building. 1 2 Start with focused range of special products and create differentiation in the market space 3 Grow in consumer relevance and increase market penetration 4 Gain consumer trust and esteem through quality Build knowledge and awareness to the brand
  • 64. SECOND, don’t apply the conventional brand building approach. Purchase Preference Awareness
  • 65. BE CREATIVE. Create BUZZ and advocacy. Advocacy Purchase Relationship
  • 66.
  • 68. Expanding Over Time: A: Increasing Share of Wallet B: Adding New Segments C: Adding New Markets
  • 69. When you’ll face challenges, go back to the 10 basic rules. Good luck!
  • 70. by Lev Mikulitski The essence of International Marketing Practical approach / world best practices