Speaker: Carina McLeod
1. What marketplaces do you expand to, and how do you identify opportunity and demand?
2. Points to consider and research before entering a new market.
3. Importance of localisation and how to generate sales from day 1.
This document provides guidance for marketers on exporting their business internationally. It discusses why businesses should export, how to get started with market research and cultural considerations. It also covers modifying products for international markets, distribution options, marketing strategies like websites, trade shows and social media, complying with legislation, and how Sage software can help with international payments and accounting.
This document provides guidance for marketers on exporting their business. It discusses why businesses should export, how to get started with market research and cultural considerations. It also covers modifying products for international markets, distribution options, marketing strategies like websites, trade shows and social media. The document concludes with information on export legislation regarding VAT, duties, customs and declarations.
This document provides guidance for marketers on exporting their business internationally. It discusses why businesses should export, how to get started with market research and cultural considerations. It also covers modifying products for other markets, distribution options, marketing strategies like websites, trade shows and social media, complying with legislation around VAT, duties and customs, and how Sage software can help with international payments and accounting in different currencies.
1. The document outlines the steps to develop an export marketing plan, which includes selecting target markets and distribution strategies. It recommends collaborating with local importers and distributors to ensure products meet local standards and specifications.
2. Potential buyers can be found through trade leads from various government and industry sources, or by contacts developed directly. Promotional activities should be tailored for each market and may include websites, trade shows, ads or sales trips.
3. An export marketing plan is a roadmap that identifies the best markets and entry strategies, and provides an action plan for implementation. Distribution options commonly involve selling through local agents or distributors.
1. The document outlines the steps to develop an export marketing plan, including selecting target markets and distribution partners abroad. It recommends collaborating with established importers and distributors to ensure products meet local standards and specifications.
2. Potential buyers can be found through trade leads from government programs, agricultural offices, commercial news sources, and world trade organizations.
3. An export promotion plan should determine the best approaches like websites, mailings, or trade shows, and select targeted promotions in specific countries.
1. The document outlines the key steps to exporting, including picking a product, finding a foreign market, locating customers abroad, making sales, and getting paid.
2. It emphasizes finding a direct exporting partner like an agent or distributor in the target country to help make sales and ensure products meet local standards and regulations.
3. Developing an export marketing plan is recommended to identify the best markets and entry strategies, and create an action plan for implementation. This should address questions like which markets are most promising and competitive to pursue.
OSWCardiff - Selling Internationally with eBay and AmazonDaytodayebay
This document provides information about an upcoming event on February 20, 2014 in Cardiff, United Kingdom. The event will include three presentations: 1) A case study by Matt Warren about how he grew Jura Watches' online sales from £0 to over £1 million in less than 12 months. 2) A talk by Steve Morgan on Google-friendly link building tactics for online sellers. 3) A discussion on selling internationally with eBay and Amazon led by Prabhat Shah. The document provides details on the topics and speakers.
Ecommerce UK - Cross-border Ecommerce conferencePracticology
The document summarizes an event on cross-border ecommerce held by Ecommerce UK. It includes:
- An agenda for presentations on localizing websites for international sales, global payments, and expanding into new markets.
- Summaries of presentations on localizing content, product listings, and marketing for the German market.
- Insights from retailers on adapting to different regional preferences and perceptions of brands abroad.
- Tips on being realistic about the costs and challenges of entering new international markets from a digital services provider.
- Information on growing demand for British brands online globally and opportunities for UK retailers through online export channels.
This document provides guidance for marketers on exporting their business internationally. It discusses why businesses should export, how to get started with market research and cultural considerations. It also covers modifying products for international markets, distribution options, marketing strategies like websites, trade shows and social media, complying with legislation, and how Sage software can help with international payments and accounting.
This document provides guidance for marketers on exporting their business. It discusses why businesses should export, how to get started with market research and cultural considerations. It also covers modifying products for international markets, distribution options, marketing strategies like websites, trade shows and social media. The document concludes with information on export legislation regarding VAT, duties, customs and declarations.
This document provides guidance for marketers on exporting their business internationally. It discusses why businesses should export, how to get started with market research and cultural considerations. It also covers modifying products for other markets, distribution options, marketing strategies like websites, trade shows and social media, complying with legislation around VAT, duties and customs, and how Sage software can help with international payments and accounting in different currencies.
1. The document outlines the steps to develop an export marketing plan, which includes selecting target markets and distribution strategies. It recommends collaborating with local importers and distributors to ensure products meet local standards and specifications.
2. Potential buyers can be found through trade leads from various government and industry sources, or by contacts developed directly. Promotional activities should be tailored for each market and may include websites, trade shows, ads or sales trips.
3. An export marketing plan is a roadmap that identifies the best markets and entry strategies, and provides an action plan for implementation. Distribution options commonly involve selling through local agents or distributors.
1. The document outlines the steps to develop an export marketing plan, including selecting target markets and distribution partners abroad. It recommends collaborating with established importers and distributors to ensure products meet local standards and specifications.
2. Potential buyers can be found through trade leads from government programs, agricultural offices, commercial news sources, and world trade organizations.
3. An export promotion plan should determine the best approaches like websites, mailings, or trade shows, and select targeted promotions in specific countries.
1. The document outlines the key steps to exporting, including picking a product, finding a foreign market, locating customers abroad, making sales, and getting paid.
2. It emphasizes finding a direct exporting partner like an agent or distributor in the target country to help make sales and ensure products meet local standards and regulations.
3. Developing an export marketing plan is recommended to identify the best markets and entry strategies, and create an action plan for implementation. This should address questions like which markets are most promising and competitive to pursue.
OSWCardiff - Selling Internationally with eBay and AmazonDaytodayebay
This document provides information about an upcoming event on February 20, 2014 in Cardiff, United Kingdom. The event will include three presentations: 1) A case study by Matt Warren about how he grew Jura Watches' online sales from £0 to over £1 million in less than 12 months. 2) A talk by Steve Morgan on Google-friendly link building tactics for online sellers. 3) A discussion on selling internationally with eBay and Amazon led by Prabhat Shah. The document provides details on the topics and speakers.
Ecommerce UK - Cross-border Ecommerce conferencePracticology
The document summarizes an event on cross-border ecommerce held by Ecommerce UK. It includes:
- An agenda for presentations on localizing websites for international sales, global payments, and expanding into new markets.
- Summaries of presentations on localizing content, product listings, and marketing for the German market.
- Insights from retailers on adapting to different regional preferences and perceptions of brands abroad.
- Tips on being realistic about the costs and challenges of entering new international markets from a digital services provider.
- Information on growing demand for British brands online globally and opportunities for UK retailers through online export channels.
Your First Steps to Amazon’s Global MarketplaceTinuiti
Your Amazon business is succeeding in the North American Amazon Marketplace. Now, new year means new business goals. Have you thought about expanding internationally on Amazon to accelerate sales growth and reach new customers?
Some brands, such as Bling Jewelry, have doubled their sales by expanding across 10 Amazon marketplaces. But there are many risks and factors to consider from sales and value added taxes (VAT), inventory, shipping, mastering a new keyword language, choosing the right country and market. Let’s walk-through these considerations together.
This document discusses key concepts in international marketing. It begins by outlining learning objectives and definitions. It then discusses the scope of international marketing tasks and cultural obstacles like self-reference criterion and ethnocentrism. The document outlines stages of international marketing involvement from infrequent to global marketing. It also differentiates orientations like viewing international markets as ancillary versus a global orientation.
CMI Portfolio of Work Assignment One + Mood-board Version OneEmmanuelle Kus
The document provides details about Primark's business operations including product design, sourcing from manufacturers primarily in Asia, quality assurance processes, store promotions tied to holidays, and financial projections for several women's clothing styles for the autumn/winter 2018 season. It also discusses Primark's target customer profile, marketing strategies, and efforts to promote ethical sourcing and fair working conditions in its supply chain. The document gives an overview of Primark's integrated approach to merchandising across its design, purchasing, planning, and retail functions.
2020 Amazon Updates to Advertising, Operations, & ReviewsTinuiti
2020 is coming to an end, and this year has seen no shortage of updates for Amazon sellers, vendors, and advertisers. In this webinar, we’ll run through the most important advertising, operational, and review updates that Amazon rolled out in 2020 so you can stay ahead of the curve in 2021 and capitalize on these changes. Join Tinuiti, Skubana, and eComEngine as we unpack the latest features in the advertising platform, changes in logistics, and more.
Strategies for Making Money Through Amazon's International Expansion.pdfSaleem Qadri
Explore powerful strategies for financial success with "Strategies for Making Money through Amazon's International Expansion." This detailed guide unveils effective approaches to capitalize on Amazon's global reach, offering insights for sellers looking to tap into new markets and enhance their revenue streams. Whether you're a seasoned Amazon seller or just starting, discover the key tactics to navigate international expansion and turn it into a profitable venture.
#Amazon global selling
#International expansion strategies
#Cross-border e-commerce success
#Global marketplace optimization
#Profitable international trade
#Amazon revenue growth
#Global market penetration
#E-commerce globalization
#Maximizing international sales
#Amazon business expansion
How Evenflo Expanded Their eCommerce Marketplace StrategyTinuiti
Walmart is poised to be an emerging player in digital advertising and a viable channel for brands expanding beyond Amazon — especially for advertisers who invest early. Discover different ways to advertise your products on Walmart.com and the benefits of expanding onto this marketplace. Discover how our client Evenflo increased return on ad spend (ROAS) by 231% and significantly improved their CTR for Sponsored Products on Walmart.com. Be an early mover and diversify your marketplace presence.
Aricap is a team of global business professionals that offers marketing and promotion services to help clients explore business opportunities worldwide. They have a network of experienced partners in many countries. Aricap works closely with clients to develop customized strategies and provide cost-effective solutions. They helped a wine company from Georgia expand globally by leveraging their international network of buyers and distributors. Aricap believes teaming up professionals worldwide can greatly help companies grow their business internationally.
The document discusses the international marketing mix and whether companies should standardize or customize their approach across different markets. It covers the key elements of the marketing mix - product, place, price, and promotion. While standardization can reduce costs, customization may be necessary when consumer tastes and regulations vary significantly between countries. The document provides several examples of companies that have both standardized and customized their marketing mix internationally.
The document discusses various strategies for international marketing and market entry. It describes different modes of entering foreign markets, including exporting indirectly through intermediaries or directly, licensing, joint ventures, and direct investment through wholly owned subsidiaries. It also discusses factors that can both drive and restrain global integration. When developing marketing strategies, companies need to avoid ethnocentrism and the self-reference criterion in order to understand foreign customer needs and provide appropriately adapted products, pricing, and promotion in each market.
The document discusses international business strategies used by various companies. It explains that Procter & Gamble follows a transnational strategy with centralized R&D and localized production and marketing. Vodafone initially pursued a global strategy by standardizing its phone technology worldwide but failed to adapt to local Japanese preferences. Walmart had to expand internationally to continue growing after saturating the US market, and benefited from economies of scale and cross-border knowledge sharing, though it struggled at first to replicate its distribution system in Mexico and had to localize product offerings and partnerships.
The document summarizes the history and growth of Amazon from its founding in 1994 as an online bookstore to becoming the largest online retailer. It discusses how Amazon expanded its product categories over 15 years and established international websites. The document also outlines Amazon's vision, marketing strategies, and focus on customer service and security that have contributed to its success.
This document provides an outline for Chapter 16 of a marketing textbook. The chapter discusses international marketing strategies and the marketing mix from a global perspective. It examines reasons why companies may standardize or adapt their products, pricing, promotions and distribution for different countries. The chapter also explores orientations like production, sales and customer orientations that influence a company's globally integrated or locally responsive strategies. Case studies are provided on how companies like Avon develop standardized and adapted marketing approaches in over 120 countries.
1- Preparing for Export Mats_Step_by_Step_KgnJULY2016_0.pptxMamdouh Mohamed
The document outlines key steps in preparing for export markets, including assessing internal production capacity, thoroughly researching target markets, and developing relationships with distributors. It emphasizes the importance of planning exports, evaluating supply chains, understanding cultural differences between markets, and addressing issues identified through market feedback such as packaging, pricing, and product promotion.
Marketing Fundamentals Part 1 Key Concepts in MarketingKinsight, Inc.
This document provides an overview of key marketing fundamentals including definitions of marketing, the marketing concept, the marketing process, and the 4Ps of marketing (Product, Price, Place, Promotion).
It defines marketing as determining customer needs and satisfying them more effectively than competitors. The marketing concept evolved from a production focus to a customer focus. The marketing process involves analyzing opportunities, selecting target markets, and designing, implementing and evaluating marketing strategies.
The document explains the 4Ps framework - the variables that make up a company's marketing mix. It provides examples and exercises to illustrate concepts like segmentation, product lifecycles, pricing strategies, distribution channels, and promotional tools. Overall, the document serves as an introduct
Walmart is an American retail corporation founded in 1962 that operates stores worldwide. It has grown from regional to national dominance through strategies like maintaining low prices, branching into new sectors, and emphasizing brand recognition and customer satisfaction. While its size and pricing power give it strengths, Walmart also faces weaknesses such as negative public perception and dissatisfied employees, as well as threats from increasing competition and resistance from local communities.
Proactively Protect Your Brand From Unauthorized Sellers On AmazonTinuiti
Tackling Trademark Infringement, Retail Arbitrage & MAP Violators
When dealing with brand policing there is no silver bullet. Take charge and implement defensive strategies to police your brand on Amazon to help you fight retail arbitrage and trademark infringement & enforce minimum advertising pricing.
Some Topics We’ll Discuss:
Introducing New Brand Registry
Brand Policing Proven Tactics
Combating Copyright Infringement
Minimum Advertising Pricing Policy Enforcement
Working Against Retail Arbitrage
Don’t Miss Out—CPC Strategy & Market Track team up to provide actionable tactics for brand protection on Amazon.
Entering the European Market Successfully How-To GuideDemand Metric
Executive Summary
Leaving your domestic comfort zone to operate in another country or even continent requires careful planning. Expanding into new geographical markets is very exciting, but also very nerve-wracking. Any firm considering entering into international business transactions must understand that doing business abroad is not a simple task. It is stimulating and potentially profitable in the long-term but requires much preparation and research prior to the first transaction.
Europe is probably the most heterogeneous continent on our globe, making understanding market potential more challenging than in more homogeneous markets. Because of the European Union, it’s tempting to view Europe as a single market. In reality, you must consider each country as a market, because each country has a different mix of history, culture, language and business etiquette.
This How-To Guide will describe the steps required to successfully expand into the European market.
Read this 7-page guide to understand the following:
Understand market potential
Identify product-market comibinations
Identify a local partner
Launch and start selling
Demand Metric's How-To Guides are designed to provide practical, on-the-job training and education and provide context for using our premium tools & templates. If there is a topic that you would like to see covered, please contact us at info@demandmetric.com (link sends e-mail) to make a content request.
This document provides guidance on successfully expanding a business into the European market. It outlines four key steps: 1) Understand the market potential by researching the target markets, existing providers, industry issues, and trends in specific European countries; 2) Identify product-market combinations by finding solutions that fit the needs of the European markets; 3) Identify a local partner to help navigate the cultural and regulatory complexities; 4) Launch sales operations by making initial sales calls to validate the business model and then scaling up once traction is achieved. Partnering with an experienced local advisor is emphasized as critical to success.
403 Competing in Global Markets Unit 1ashishjaswal
This presentation covers the following points:
1.Introduction to the curriculum
2.International Marketing Concepts
3.Reasons For Entering Global Markets
4.INTERNATIONAL MARKETING ORIENTATION
1. The document discusses the increasing globalization of markets and importance of understanding international marketing. It outlines theories of international trade and the evolution of global marketing strategies from domestic to multinational and global approaches.
2. Key points covered include the growth of emerging Asian and Latin American markets, factors driving companies to look beyond domestic markets, and how marketing strategies must adapt from ethnocentric to geocentric approaches over time.
3. Theories of comparative advantage, international product cycles, and internalization are presented in the context of international trade and investment strategies. Stages in the evolution of global marketing and examples of each stage are also summarized.
Join us at the upcoming conference for an insightful talk on “Effective Amazon PPC Advertising Strategies for Seasonal Products Dominance.” In this session, we will delve into essential strategies to ensure your products shine during peak seasons. Our discussions will cover various aspects:
Smart Seasonal Preparation: Gain insights into trend analysis, optimizing your listing, and devising a strategic plan to maintain a competitive edge throughout the season.
Elevated Positions = Enhanced ROI: Uncover powerful tactics to elevate your product rankings as the season approaches. By leveraging organic positions, you can boost your ROI by 2.5 to 3 times and maximize your profits.
Pre-Season Investments – Your Key to Seasonal Success: Learn the art of allocating your budget effectively before the season hits. Discover how making the right investments beforehand can lead to maximum early profits.
Doubling Profit, Rational Ad Spend Off-Season: Dive deep into strategies such as keyword optimization, establishing semantic connections between products, and optimizing your budget usage. These techniques will help you maintain a profitable ad spend even beyond the peak season.
Unlocking Post-Season Gains: Explore how to capitalize on your seasonal success long after the peak period has passed. Discover ways to continue reaping the benefits of your efforts well into the post-season phase.
Building a successful marketplace strategy is all about doing the right things at the right time.
It’s important to start by understanding your customers and their needs, as well as the competitive landscape in your market.
Once you have a clear picture of your target customer and the market, you can start to identify the key areas of your business that need to be addressed in order to achieve your growth objectives.
This may involve developing new products or services, improving the customer experience, or implementing new technologies to streamline your operations.
A well-crafted marketplace strategy should be flexible and adaptable, as the market and customer preferences are constantly evolving. By staying focused on your goals and regularly reviewing and adjusting your strategy, you can ensure that your business is always moving in the right direction.
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Similar to Expanding beyond the UK into Europe and North America | #AmafestUK October,2022
Your First Steps to Amazon’s Global MarketplaceTinuiti
Your Amazon business is succeeding in the North American Amazon Marketplace. Now, new year means new business goals. Have you thought about expanding internationally on Amazon to accelerate sales growth and reach new customers?
Some brands, such as Bling Jewelry, have doubled their sales by expanding across 10 Amazon marketplaces. But there are many risks and factors to consider from sales and value added taxes (VAT), inventory, shipping, mastering a new keyword language, choosing the right country and market. Let’s walk-through these considerations together.
This document discusses key concepts in international marketing. It begins by outlining learning objectives and definitions. It then discusses the scope of international marketing tasks and cultural obstacles like self-reference criterion and ethnocentrism. The document outlines stages of international marketing involvement from infrequent to global marketing. It also differentiates orientations like viewing international markets as ancillary versus a global orientation.
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The document provides details about Primark's business operations including product design, sourcing from manufacturers primarily in Asia, quality assurance processes, store promotions tied to holidays, and financial projections for several women's clothing styles for the autumn/winter 2018 season. It also discusses Primark's target customer profile, marketing strategies, and efforts to promote ethical sourcing and fair working conditions in its supply chain. The document gives an overview of Primark's integrated approach to merchandising across its design, purchasing, planning, and retail functions.
2020 Amazon Updates to Advertising, Operations, & ReviewsTinuiti
2020 is coming to an end, and this year has seen no shortage of updates for Amazon sellers, vendors, and advertisers. In this webinar, we’ll run through the most important advertising, operational, and review updates that Amazon rolled out in 2020 so you can stay ahead of the curve in 2021 and capitalize on these changes. Join Tinuiti, Skubana, and eComEngine as we unpack the latest features in the advertising platform, changes in logistics, and more.
Strategies for Making Money Through Amazon's International Expansion.pdfSaleem Qadri
Explore powerful strategies for financial success with "Strategies for Making Money through Amazon's International Expansion." This detailed guide unveils effective approaches to capitalize on Amazon's global reach, offering insights for sellers looking to tap into new markets and enhance their revenue streams. Whether you're a seasoned Amazon seller or just starting, discover the key tactics to navigate international expansion and turn it into a profitable venture.
#Amazon global selling
#International expansion strategies
#Cross-border e-commerce success
#Global marketplace optimization
#Profitable international trade
#Amazon revenue growth
#Global market penetration
#E-commerce globalization
#Maximizing international sales
#Amazon business expansion
How Evenflo Expanded Their eCommerce Marketplace StrategyTinuiti
Walmart is poised to be an emerging player in digital advertising and a viable channel for brands expanding beyond Amazon — especially for advertisers who invest early. Discover different ways to advertise your products on Walmart.com and the benefits of expanding onto this marketplace. Discover how our client Evenflo increased return on ad spend (ROAS) by 231% and significantly improved their CTR for Sponsored Products on Walmart.com. Be an early mover and diversify your marketplace presence.
Aricap is a team of global business professionals that offers marketing and promotion services to help clients explore business opportunities worldwide. They have a network of experienced partners in many countries. Aricap works closely with clients to develop customized strategies and provide cost-effective solutions. They helped a wine company from Georgia expand globally by leveraging their international network of buyers and distributors. Aricap believes teaming up professionals worldwide can greatly help companies grow their business internationally.
The document discusses the international marketing mix and whether companies should standardize or customize their approach across different markets. It covers the key elements of the marketing mix - product, place, price, and promotion. While standardization can reduce costs, customization may be necessary when consumer tastes and regulations vary significantly between countries. The document provides several examples of companies that have both standardized and customized their marketing mix internationally.
The document discusses various strategies for international marketing and market entry. It describes different modes of entering foreign markets, including exporting indirectly through intermediaries or directly, licensing, joint ventures, and direct investment through wholly owned subsidiaries. It also discusses factors that can both drive and restrain global integration. When developing marketing strategies, companies need to avoid ethnocentrism and the self-reference criterion in order to understand foreign customer needs and provide appropriately adapted products, pricing, and promotion in each market.
The document discusses international business strategies used by various companies. It explains that Procter & Gamble follows a transnational strategy with centralized R&D and localized production and marketing. Vodafone initially pursued a global strategy by standardizing its phone technology worldwide but failed to adapt to local Japanese preferences. Walmart had to expand internationally to continue growing after saturating the US market, and benefited from economies of scale and cross-border knowledge sharing, though it struggled at first to replicate its distribution system in Mexico and had to localize product offerings and partnerships.
The document summarizes the history and growth of Amazon from its founding in 1994 as an online bookstore to becoming the largest online retailer. It discusses how Amazon expanded its product categories over 15 years and established international websites. The document also outlines Amazon's vision, marketing strategies, and focus on customer service and security that have contributed to its success.
This document provides an outline for Chapter 16 of a marketing textbook. The chapter discusses international marketing strategies and the marketing mix from a global perspective. It examines reasons why companies may standardize or adapt their products, pricing, promotions and distribution for different countries. The chapter also explores orientations like production, sales and customer orientations that influence a company's globally integrated or locally responsive strategies. Case studies are provided on how companies like Avon develop standardized and adapted marketing approaches in over 120 countries.
1- Preparing for Export Mats_Step_by_Step_KgnJULY2016_0.pptxMamdouh Mohamed
The document outlines key steps in preparing for export markets, including assessing internal production capacity, thoroughly researching target markets, and developing relationships with distributors. It emphasizes the importance of planning exports, evaluating supply chains, understanding cultural differences between markets, and addressing issues identified through market feedback such as packaging, pricing, and product promotion.
Marketing Fundamentals Part 1 Key Concepts in MarketingKinsight, Inc.
This document provides an overview of key marketing fundamentals including definitions of marketing, the marketing concept, the marketing process, and the 4Ps of marketing (Product, Price, Place, Promotion).
It defines marketing as determining customer needs and satisfying them more effectively than competitors. The marketing concept evolved from a production focus to a customer focus. The marketing process involves analyzing opportunities, selecting target markets, and designing, implementing and evaluating marketing strategies.
The document explains the 4Ps framework - the variables that make up a company's marketing mix. It provides examples and exercises to illustrate concepts like segmentation, product lifecycles, pricing strategies, distribution channels, and promotional tools. Overall, the document serves as an introduct
Walmart is an American retail corporation founded in 1962 that operates stores worldwide. It has grown from regional to national dominance through strategies like maintaining low prices, branching into new sectors, and emphasizing brand recognition and customer satisfaction. While its size and pricing power give it strengths, Walmart also faces weaknesses such as negative public perception and dissatisfied employees, as well as threats from increasing competition and resistance from local communities.
Proactively Protect Your Brand From Unauthorized Sellers On AmazonTinuiti
Tackling Trademark Infringement, Retail Arbitrage & MAP Violators
When dealing with brand policing there is no silver bullet. Take charge and implement defensive strategies to police your brand on Amazon to help you fight retail arbitrage and trademark infringement & enforce minimum advertising pricing.
Some Topics We’ll Discuss:
Introducing New Brand Registry
Brand Policing Proven Tactics
Combating Copyright Infringement
Minimum Advertising Pricing Policy Enforcement
Working Against Retail Arbitrage
Don’t Miss Out—CPC Strategy & Market Track team up to provide actionable tactics for brand protection on Amazon.
Entering the European Market Successfully How-To GuideDemand Metric
Executive Summary
Leaving your domestic comfort zone to operate in another country or even continent requires careful planning. Expanding into new geographical markets is very exciting, but also very nerve-wracking. Any firm considering entering into international business transactions must understand that doing business abroad is not a simple task. It is stimulating and potentially profitable in the long-term but requires much preparation and research prior to the first transaction.
Europe is probably the most heterogeneous continent on our globe, making understanding market potential more challenging than in more homogeneous markets. Because of the European Union, it’s tempting to view Europe as a single market. In reality, you must consider each country as a market, because each country has a different mix of history, culture, language and business etiquette.
This How-To Guide will describe the steps required to successfully expand into the European market.
Read this 7-page guide to understand the following:
Understand market potential
Identify product-market comibinations
Identify a local partner
Launch and start selling
Demand Metric's How-To Guides are designed to provide practical, on-the-job training and education and provide context for using our premium tools & templates. If there is a topic that you would like to see covered, please contact us at info@demandmetric.com (link sends e-mail) to make a content request.
This document provides guidance on successfully expanding a business into the European market. It outlines four key steps: 1) Understand the market potential by researching the target markets, existing providers, industry issues, and trends in specific European countries; 2) Identify product-market combinations by finding solutions that fit the needs of the European markets; 3) Identify a local partner to help navigate the cultural and regulatory complexities; 4) Launch sales operations by making initial sales calls to validate the business model and then scaling up once traction is achieved. Partnering with an experienced local advisor is emphasized as critical to success.
403 Competing in Global Markets Unit 1ashishjaswal
This presentation covers the following points:
1.Introduction to the curriculum
2.International Marketing Concepts
3.Reasons For Entering Global Markets
4.INTERNATIONAL MARKETING ORIENTATION
1. The document discusses the increasing globalization of markets and importance of understanding international marketing. It outlines theories of international trade and the evolution of global marketing strategies from domestic to multinational and global approaches.
2. Key points covered include the growth of emerging Asian and Latin American markets, factors driving companies to look beyond domestic markets, and how marketing strategies must adapt from ethnocentric to geocentric approaches over time.
3. Theories of comparative advantage, international product cycles, and internalization are presented in the context of international trade and investment strategies. Stages in the evolution of global marketing and examples of each stage are also summarized.
Similar to Expanding beyond the UK into Europe and North America | #AmafestUK October,2022 (20)
Join us at the upcoming conference for an insightful talk on “Effective Amazon PPC Advertising Strategies for Seasonal Products Dominance.” In this session, we will delve into essential strategies to ensure your products shine during peak seasons. Our discussions will cover various aspects:
Smart Seasonal Preparation: Gain insights into trend analysis, optimizing your listing, and devising a strategic plan to maintain a competitive edge throughout the season.
Elevated Positions = Enhanced ROI: Uncover powerful tactics to elevate your product rankings as the season approaches. By leveraging organic positions, you can boost your ROI by 2.5 to 3 times and maximize your profits.
Pre-Season Investments – Your Key to Seasonal Success: Learn the art of allocating your budget effectively before the season hits. Discover how making the right investments beforehand can lead to maximum early profits.
Doubling Profit, Rational Ad Spend Off-Season: Dive deep into strategies such as keyword optimization, establishing semantic connections between products, and optimizing your budget usage. These techniques will help you maintain a profitable ad spend even beyond the peak season.
Unlocking Post-Season Gains: Explore how to capitalize on your seasonal success long after the peak period has passed. Discover ways to continue reaping the benefits of your efforts well into the post-season phase.
Building a successful marketplace strategy is all about doing the right things at the right time.
It’s important to start by understanding your customers and their needs, as well as the competitive landscape in your market.
Once you have a clear picture of your target customer and the market, you can start to identify the key areas of your business that need to be addressed in order to achieve your growth objectives.
This may involve developing new products or services, improving the customer experience, or implementing new technologies to streamline your operations.
A well-crafted marketplace strategy should be flexible and adaptable, as the market and customer preferences are constantly evolving. By staying focused on your goals and regularly reviewing and adjusting your strategy, you can ensure that your business is always moving in the right direction.
Disadvantages and advantages of sourcing in China as well as in the rest of the world. Where can you find suppliers, on which platforms, and how do you communicate with them. Things to watch out for when dealing with suppliers, and what to lookout for when working with sourcing companies.
Just in case he’s in the panel discussion, here are the three key areas of discussion.
1. Diversification and optimization of your supply chain
2. Ways to optimize your own margin in your product purchasing cost
3. Dealing with suppliers outside of China and how to communicate with those suppliers.
Amazon sellers are suspended for various reasons. I will discuss some of the common reasons sellers are suspended (and how to avoid suspension). I will also provide tips on how to get your account reinstated if you are suspended. Lastly, I will discuss basic intellectual property law, how to avoid claims, and ways to resolve them.
1) Amazon Marketing Stream (AMS) provides advertisers with product and campaign performance data in near real-time, allowing for more dynamic bidding and budget adjustments.
2) The document recommends analyzing AMS data over 60, 30, and 14 day periods to identify performance patterns. Rules can then be created to increase or decrease bids during identified high- or low- performing time periods.
3) Implementing AMS-based rules for dynamic bidding and budgeting can result in increased sales, improved conversion rates and costs-per-acquisition, and better control over advertising spending and margins. Regular adjustment and evaluation of rules is important for ongoing optimization.
Is this session, I am going to talk about the key features and initiatives Amazon sellers must be implementing in their business in 2024 in order to continue to remain competitive and be ahead of the game.
How to use Sponsored Display advertising to get an edge over your competition in Q4.
In-depth explanations about different SD strategies, including how to use video advertising to steal your competitor’s traffic.
The document discusses strategies for Amazon vendors to reduce chargebacks and increase profitability. It begins with an overview of the key differences between vendor central and seller central models. It then provides tips on how to analyze chargeback data to identify root causes, including looking at chargeback types and pivoting the data. The document also discusses optimizing dispatch and receive processes, such as implementing electronic ordering and license plate scanning, to reduce errors. The main takeaways are to analyze chargeback costs thoroughly, review processes that could lead to shortages or late shipments, and consider alternatives like third-party fulfillment if individual products are unprofitable on vendor central.
Speaker: Mark Wang
Amazon is getting more and more competitive. Now more than ever, it’s crucial to find ways to drive awareness and build your brand off-Amazon. Leveraging external channels like Editorials and Influencers can help grow your organic rank, increase sales and help you win coveted search results placements.
Speaker: Christopher Shelton
Having studied BA in Modern Languages (German, French and Spanish) and MA in Translation Studies at the University of Sheffield, working in ecommerce was never my intended career path. And yet, after nearly five years of working in the field, particularly with Vendor Central, I still enjoy the experience and challenge as much as I did when I first started. As we all know, Amazon is constantly changing, so there is plenty to get to grips with. Today, I hope to give you a brief overview of my experience using Vendor Central through areas such as reports, AMS and AVS.
Speaker: Dan Saunders
I’ve read a lot of talks about using Google or Amazon to grow your ecom business, but they are two sides of the same coin, and one can be used to influence the other further to enhance your sales. The best way to do this? Creating synergies between your Google and Amazon campaigns and assessing your performance across multiple channels to know which touchpoints you should priorities for which products and customer segments. This can only be achieved by ensuring your teams work in tandem and sharing insights to build the most integrated omnichannel campaign possible. Using the different points, I will show you how you can use Google To beat Amazon’s algorithms and Vice Versa.
Speaker: Asha Bhalsod
What is the most effective way of managing your Amazon business? Pro’s and con’s of hiring an in house team vs outsourcing Amazon to an agency (certain services or full Amazon account management)
Speakers: Adam Jewell, Michael McNamara
Last peak season, retailers scrambled to cope with unfathomable ecommerce order volumes. This peak season, the industry is facing a whole new set of challenges. Just as supply chains started to recover from COVID-related shortages, the war in Ukraine has introduced new chaos and sent logistics prices soaring. Meanwhile, consumers are facing their own woes, with rising cost of living and inflation dampening enthusiasm for holiday spending.
What kind of peak season should retailers expect, and how should they start planning for success? We’ve surveyed global consumers to discover their intentions for holiday shopping. We also spoke to our own customers and analysed delivery volume data underpinning our ecommerce delivery software in order to present a snapshot of what to expect for peak 2022 and how to thrive in it.
Speaker: Ian Kaneshiro, Seller Snap
About this presentation:
You might not be able to see it, but the Private Label BuyBox exists - and it's not on the right-hand side of the listing's page. Repricenomics, the economics of repricing teaches us that competition leads to lower prices. So in a world with hijackers, copycatters, and substitute products - how do you maintain an edge?
Speaker: Steven Berke, Shiftmarketplace
About this presentation:
In recent years, customer demand has been the major factor in driving brands to the Amazon marketplace. The dominance of Amazon means that every consumer product business now needs a clearly defined strategy for the channel.
This talk will be an exploration of the way in which Amazon has evolved to cater for the strategic requirements of the brands that have positioned the marketplace as a central part of their D2C strategy.
The session will cover the changing perception of Amazon from a brand perspective, as well as looking at the significant strides Amazon has taken in order to drive this change.
Speaker: Nish Udayakumar, Olsam
About this presentation:
Amazon have made changes over the past year-and-a-half to Fulfilment by Amazon (FBA) restock limits impacting the ability of marketplace sellers to inbound into Amazon Fulfilment Centres. Although limits have eased in many marketplaces recently, we expect them to tighten again after Q1. A potential solution is Seller Fulfilled Prime (SFP). However, Amazon also announced changes to SFP requirements this year that affect the daily operations of all sellers on the program. The goals of this session are to give you insight into why Amazon have made changes to both programs, and give you actionable solutions to help better manage your restock limits.
Speaker: Mark James, Perpetua
About this presentation:
Adopting a full-funnel approach to marketing on (and off) Amazon is quickly becoming paramount. The market is becoming more crowded, and building a brand that people recognise and relate to can make you stand out from that crowd, and ultimately increase the likelihood of consumers purchasing from you, and not your competition. A great strategy at your disposal to build upper-funnel awareness is using Amazon’s DSP.
This talk will cover – why and how you should use Amazon’s DSP, and common mistakes to avoid!
Speaker: Huw Johnstone, Ghlprocurement
About this presentation:
Outlining good practise for sourcing suppliers and manufacturers around the world. Looking a supply chain management and how to negotiate arm length deals. Some hints and tips to save you time and money and help you to avoid the pitfalls.
The document discusses brand analytics tools from Amazon that can help analyze a brand's performance, including keyword research, competitor analysis, search term trends, click-through and conversion rates. It provides examples of metrics and reports from tools like Amazon's Seller Central that give insights into search terms, top selling products, which competitors are performing well, and opportunities for improvement or expansion. The goal is to help brands better understand their customers and optimize their marketing.
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2. Agenda
1. Research the market and identify
opportunity.
2. Key considerations when entering a
new market.
3. Importance of localisation to drive
sales.
8. ● Check your product category is not prohibited for sale
in that marketplace or on Amazon.
● Check that your product category is not restricted in
that marketplace.
● Check your brand has not been registered as a
trademark by another company.
● Check your brand translates well in that marketplace.
Be diligent!
11. 1. Understand product compliance and legal
requirements, including labelling and packaging.
2. Understand your sales tax obligation, seek guidance.
3. Register your trademark in that marketplace.
4. Consider using a payments provider to manage
international transfers and currency exchange.
5. Identify and appoint a shipping company to manage
your international shipments and customs.
Key considerations
12. ● Ship direct to Amazon or work with a 3PL provider.
● Select fulfilment type:
○ Fulfilment by Amazon (FBA)
○ Merchant Fulfilled (MFN)
● European FBA programs:
○ European Fulfilment Network (EFN)
○ Pan-European
Amazon Fulfilment
15. 1. A direct translation is not enough for Amazon.
2. You need to adapt the content to the local audience.
3. Each country will have their own values, customs, lifestyle
and spending behaviour, a direct translation will not capture
this.
4. Even if markets have the same language e.g. the US and
UK, the content will still need to be localised.
5. Keywords do not translate.
Translate & localise
17. 1. Product content: titles, bullet points, product descriptions.
2. A+ Content, including all graphics.
3. Any text on product images.
4. Any audio in product videos.
5. Brand Store.
6. Sponsored Ads.
Localise all content