The essence of International Marketing. Most fundamentals for every company and brand wishing to expand globally. Compass to effective export strategy and global brand building.
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.
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
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
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.
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.
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!
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