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Introduction to Export Marketing
Samrat Srivastava
Importance of
Exports
Features of
Export
Marketing
Concept of
Export
Marketing
Factors
influencing Export
Marketing
Risks involved in
Export
Marketing
Problems of
India’s Export
Sector
What you will
see ?
Content
Distinction between Domestic Marketing and Export Marketing
‘Export marketing is the
performance of business activities
that direct the flow of company’s
goods and services to the consumer
or users in more than one nation.
– Hess and Cateora
1
Definition of Export Marketing
‘Export marketing includes the
management of marketing of marketing
activates for products, which cross the
national boundaries of a country.
- B.S. Rathor
Features of Export Marketing
?
Systematic
Process
Large Scale
Operations
Dominance of
Multinational Corp
Customer
Focus
Trade
barriers
Trading
Blocs
Features of Export Marketing
?
Three – faced
competition
Documentation Foreign exchange
regulations
Marketing –
mix
International
marketing Research
Spreading of
Risks
Importance of Exports National Level
Your subtitle text here
1. Earning foreign exchange
2. International Relations
3. Balance of payment
4. Reputation in the world
5. Employment Opportunities
6. Promoting economic
development
7. Optimum Utilization of
Resources
8. Spread Effect
9. Higher standard of Living
Importance / Advantages of export marketing at Business / Firm /
Enterprise Level
1. Reputation
2. Optimum Production
3. Spreading of Risk
4. Export obligation
5. Improvement in organizational
efficiency
6. Improvement in product standards
7. Liberal Imports
8. Financial and non-Financial benefits
9. Higher profits
Factors influencing Export Marketing
31 75
2 4 6 8
START
FINISH
Rate of profit Strategic vision
Extension of
product life
cycle
Expenditure in
market research
Sales and production
stability
Advantages of
monopolistic position
Firm related Factors
General Factors…
• Economic Factors
• Economic Policy
• Business Regulations
• Currency Stability
• Political Factors
• Ethnic Factors
• Infrastructure
• Bureaucracy and Procedures
Social Factors…
1. Trends in domestic production and consumption and
estimates for the future of the products(s)
concerned.
2. Trends in imports and exports and estimates for the
future.
3. Nature of competition.
4. Government policy and regulations pertaining to the
industry.
5. Infrastructure relevant to the industry.
6. Supply conditions of raw materials and other inputs
7. Trade practices and customs.
8. Cultural factors and consumer characteristics.
9. Market characteristics including the number and
nature of market segments, price trends etc.
Problems of India’s Export Sector
Fluctuations in Exchange
Rate
Problem of product standards
Reduction in export
Incentives
Technological differences
Recession in world
market
Several competitions in global marketing
High risk and Uncertainties
Government restrictions and foreign
exchange regulations
Problem in preparing
Documents
Problem of subsidies by Developed
countries
Problems of Sea Pirates Attacks
Competition from China
Thank you
?

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Introduction to export marketing

  • 1. Introduction to Export Marketing Samrat Srivastava
  • 2. Importance of Exports Features of Export Marketing Concept of Export Marketing Factors influencing Export Marketing Risks involved in Export Marketing Problems of India’s Export Sector What you will see ? Content Distinction between Domestic Marketing and Export Marketing
  • 3. ‘Export marketing is the performance of business activities that direct the flow of company’s goods and services to the consumer or users in more than one nation. – Hess and Cateora 1 Definition of Export Marketing ‘Export marketing includes the management of marketing of marketing activates for products, which cross the national boundaries of a country. - B.S. Rathor
  • 4. Features of Export Marketing ? Systematic Process Large Scale Operations Dominance of Multinational Corp Customer Focus Trade barriers Trading Blocs
  • 5. Features of Export Marketing ? Three – faced competition Documentation Foreign exchange regulations Marketing – mix International marketing Research Spreading of Risks
  • 6. Importance of Exports National Level Your subtitle text here 1. Earning foreign exchange 2. International Relations 3. Balance of payment 4. Reputation in the world 5. Employment Opportunities 6. Promoting economic development 7. Optimum Utilization of Resources 8. Spread Effect 9. Higher standard of Living
  • 7. Importance / Advantages of export marketing at Business / Firm / Enterprise Level 1. Reputation 2. Optimum Production 3. Spreading of Risk 4. Export obligation 5. Improvement in organizational efficiency 6. Improvement in product standards 7. Liberal Imports 8. Financial and non-Financial benefits 9. Higher profits
  • 8. Factors influencing Export Marketing 31 75 2 4 6 8 START FINISH Rate of profit Strategic vision Extension of product life cycle Expenditure in market research Sales and production stability Advantages of monopolistic position Firm related Factors
  • 9. General Factors… • Economic Factors • Economic Policy • Business Regulations • Currency Stability • Political Factors • Ethnic Factors • Infrastructure • Bureaucracy and Procedures
  • 10. Social Factors… 1. Trends in domestic production and consumption and estimates for the future of the products(s) concerned. 2. Trends in imports and exports and estimates for the future. 3. Nature of competition. 4. Government policy and regulations pertaining to the industry. 5. Infrastructure relevant to the industry. 6. Supply conditions of raw materials and other inputs 7. Trade practices and customs. 8. Cultural factors and consumer characteristics. 9. Market characteristics including the number and nature of market segments, price trends etc.
  • 11. Problems of India’s Export Sector Fluctuations in Exchange Rate Problem of product standards Reduction in export Incentives Technological differences Recession in world market Several competitions in global marketing
  • 12. High risk and Uncertainties Government restrictions and foreign exchange regulations Problem in preparing Documents Problem of subsidies by Developed countries Problems of Sea Pirates Attacks Competition from China