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+	
   Kotler	
  &	
  Keller:	
  Chapter	
  21	
  

“What	
  Do	
  We	
  Consider?”	
  

JOY	
  A.	
  VILLACORTA	
  
5	
  February	
  2014	
  
+

1.	
  	
  Whether	
  to	
  go	
  abroad	
  
2.	
  	
  Which	
  markets	
  to	
  enter	
  
3.	
  	
  How	
  to	
  enter	
  the	
  market	
  
4.	
  	
  What	
  marke6ng	
  program	
  to	
  adapt	
  
5.	
  	
  What	
  marke6ng	
  organiza6on	
  to	
  set	
  up	
  
+

Foreign	
  preferences	
  
Business	
  culture!
Legal	
  &	
  poli6cal	
  climate	
  
Int’l	
  inexperience	
  
Profit	
  poten6al	
  
Customer	
  base	
  
Market	
  independence	
  
Service	
  to	
  migrants	
  
+

Sales	
  
subsidiaries	
  
Independent	
  
export	
  agents	
  

No	
  export	
  
ac+vi+es	
  

Produc6on	
  
facili6es	
  
+

High	
  market	
  
aTrac6veness	
  
Low	
  market	
  risk	
  
With	
  compe66ve	
  
advantage	
  
Based	
  on	
  product	
  &	
  geography,	
  
income,	
  popula6on	
  &	
  poli6cal	
  climate	
  
+

razil	
  
ussia	
  
ndia	
  
hina	
  
Indonesia	
  &	
  	
  
South	
  Africa	
  

Based	
  on	
  int’l.	
  marke6ng	
  
objec6ves	
  &	
  policies	
  
+

Direct	
  Investment	
  
Joint	
  Ventures	
  
Licensing	
  
Direct	
  
expor6ng	
  
Indirect	
  
expor6ng	
  

Commitment,	
  
Risk,	
  Control	
  	
  
&	
  Profit	
  
Poten6al	
  
+
+

 

Uniform	
  
everywhere	
  

 

Market-­‐based	
  

 

Cost-­‐based	
  

Seller	
  
Interna6onal	
  HQs	
  
Channels	
  bet.	
  na6ons	
  
Channels	
  w/in	
  na6ons	
  
Final	
  buyers	
  
+

Export	
  Department	
  
Interna6onal	
  Division	
  
Global	
  Organiza6on	
  
+	
  
“Tapping	
  into	
  
GLOBAL	
  
MARKETS	
  
…	
  is	
  not	
  for	
  
everyone.”	
  

KEY	
  DECISIONS	
  
1.	
  	
  Whether	
  to	
  go	
  abroad	
  
2.	
  	
  Which	
  markets	
  to	
  enter	
  
3.	
  	
  How	
  to	
  enter	
  
4.	
  	
  What	
  marke6ng	
  
program	
  to	
  adapt	
  
5.	
  	
  What	
  marke6ng	
  
organiza6on	
  to	
  set	
  up	
  
JOY	
  A.	
  VILLACORTA	
  
5	
  February	
  2014	
  

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Chapter 21 - Tapping into Global Markets

  • 1. +   Kotler  &  Keller:  Chapter  21   “What  Do  We  Consider?”   JOY  A.  VILLACORTA   5  February  2014  
  • 2. + 1.    Whether  to  go  abroad   2.    Which  markets  to  enter   3.    How  to  enter  the  market   4.    What  marke6ng  program  to  adapt   5.    What  marke6ng  organiza6on  to  set  up  
  • 3. + Foreign  preferences   Business  culture! Legal  &  poli6cal  climate   Int’l  inexperience   Profit  poten6al   Customer  base   Market  independence   Service  to  migrants  
  • 4. + Sales   subsidiaries   Independent   export  agents   No  export   ac+vi+es   Produc6on   facili6es  
  • 5. + High  market   aTrac6veness   Low  market  risk   With  compe66ve   advantage   Based  on  product  &  geography,   income,  popula6on  &  poli6cal  climate  
  • 6. + razil   ussia   ndia   hina   Indonesia  &     South  Africa   Based  on  int’l.  marke6ng   objec6ves  &  policies  
  • 7. + Direct  Investment   Joint  Ventures   Licensing   Direct   expor6ng   Indirect   expor6ng   Commitment,   Risk,  Control     &  Profit   Poten6al  
  • 8. +
  • 9. +   Uniform   everywhere     Market-­‐based     Cost-­‐based   Seller   Interna6onal  HQs   Channels  bet.  na6ons   Channels  w/in  na6ons   Final  buyers  
  • 10. + Export  Department   Interna6onal  Division   Global  Organiza6on  
  • 11. +   “Tapping  into   GLOBAL   MARKETS   …  is  not  for   everyone.”   KEY  DECISIONS   1.    Whether  to  go  abroad   2.    Which  markets  to  enter   3.    How  to  enter   4.    What  marke6ng   program  to  adapt   5.    What  marke6ng   organiza6on  to  set  up   JOY  A.  VILLACORTA   5  February  2014