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IndividualReport
InternationalMarketing:Anintroduction
Outcome1and2
CandidateName:
CandidateClass:
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Tableofcontents
1Introduction.........................................................................................................................................3
2Findings................................................................................................................................................3
2.1ExplainWildhorseAutomobileenteringinternationalmarketsreasons.............................3
2.2TwosourcesofinformationthatWildhorseAutomobile.........................................................4
2.3Keyopportunitiesandthreatsassociatedwithentryinternationalmarket........................6
2.4VVildhorseAutomobilewouldusetoselectwhichmarketstoenter......................................8
2.5ThemodesofmarketentryavailabletoWildhoresAutomobile...........................................9
2.6ThemostappropriatemethodforWildhorseAutomobiletoentrymarket错误!未定义书
签。
3Conclusion........................................................................................................................................13
4Reference...........................................................................................................................................14
1Introduction
ThisreportdescribestheWildhorseAutomcbiletoentertheoverseas
market.Thisreportconsistsofsixparts.Reportedthecontentsofthe
packagewildhorsewhyentertheinternationalmarket.Wildhorsecompany
identifiedtwomarketstoenterthesourceofinformation.Ofthewild
horses.Whatmethodsofautomobilecompanies:oentertheoverseasmarket.
Selecttheappropriatemethodstoentertheoverseasmarketandevaluate
thecriteriayouuseinmarketing.Wildhorsecarcompanieschoosethe
rightwaytoentertheoverseasmarket.Thewildhorseofthecartoassess
thestandardofyourmarketinginthemarket.
2Findings
2.1ExplainWildhorseAutomobileenteringinternationalmarketsreasons
Internationalmarketingistheapplicationofmarketingprinciplesin
morethanonecountry,bycompaniesoverseasoracrossnationalborders.
InternationalmarketingisbasedonanextensionofacompanyJslocal
marketingstrategy,withspecialattentionpaidtomarketing
identification,targeting,anddecisionsinternationally.
China1sproductioncostsrise,thepriceoftheWildhorseAutomobileys
carpriceswillleadtoadeclineinsales.Therefore,thewildhorsecar
companiesshouldlookfortheproductionoflow-costoverseascountries.
Nationalpolicyrestrictionsonthecountry'sresources.Companyresponds
tothegovernment,spolicy.SoWildhorseAutomobilecompanytobuild
factoriesinoverseascountries.
TheWildhorseAutomobilecompanyproductsduetoecologicalcausesofpoor
sales.Ecologicalfactorsinfluencetheproductionefficiencyofthe
company.Socompany'sproductsaresoldoverseas.
TheWildhorseAutomobileCompanyinordertocompetewithrivals.
WildhorseAutomobileCompanytoincreasetheshareofoverseasmarkets
andenhancethecompany'sinfluence.WildhorseAutomobileCompanyto
expandoverseasmarkets.
2.2TwosourcesofinformationthatWildhorseAutomobile
Companyresearchmethodsincludeprimaryresearchandsecondaryresearch.
Companiescanusesecondaryresearchwaystogatherinformation.The
advantagesofsecondaryresearchincludesconvenientsavemoneyand
researchstaffdonotneedtohavetoomuchexperience.Butsecondly
researchinformationwithuncertainty.
Companiescanbeusedthroughtwointernationalorganizationstodo
secondaryresearch.
TheEuropeanUnionwasfoundedinNovember1,1993.EUtosetupBrussels.
EUofficialwebsite:Europa,euTheEU,saimistheestablishmentof
internalbordersbyaspace,strengthencoordinationtodevelopand
establishtheeventualintroductionofaunifiedcurrencyEconomicand
MonetaryUnioneconomic,social,andpromotebalancedeconomicandsocial
developmentofMemberStatesthroughtheimplementationoftheCommon
ForeignandSecurityPolicy.EUcaremissionshasstrictcriteria.
EuropeanEmissionsDirectivecertificationstandsfornon-roadmobile
machineryemissionscertification,theEnglishtranslationof〃Emissions
FromNon-roadMobileMachinery”,referredtoasChina'sauto
exportstoEuropeneedtoreduceautomobileexhaustemissions.China,s
autoexportsemissionsmustcomplywithEUvehicleemissionstandards
InternationalOrganizationforStandardizationbecalledforshortisISO.
ISOwasfoundedin1946.TSOofficialwebsite:www.iso.org/iso/home.html.
TSO'spurposeis:topromoteworldwidedevelopmentofstandardizationto
facilitateinternationalexchangeofgoodsandmutualassistanceandto
expandcooperationinintellectual,scientific,technologicaland
pconomicaspects.ISO'shpadquart.prsinGenova,Swit.zerland.TSO/
TSI6949-2002theInternationalAutomotiveTaskGroup(1ATF)inIS09001:
2000qualitymanagementsystembasedonthecombinationofthe
requirementsoftheinternationalautomotiveindustry,automotive
production,enactedin2002,theservicememberorganizationof
internationalqualitysystemrequirementsstandard.China'sautomobile
companiessupportingplantrequirementsmorestringent,requiringhigh
quality,butalsorequiresthesuppliertostrictlycontrolcostsand
improveefficiency.TS16949providesaunifiedcandevelopquality
managementsystemmodelfortheautomotiveindustry.Chineseauto
companiescontinuetodeepentheimplementationofcontinuousimprovement,
strengthendefectprevention,reductionofvariationandwaste,willmake
theinaiidgciiiculyyslcniinureopliniized,sollialauluuoiiipaiiicsinthemaxket
competitioncontinuedtomaintainacompetitiveadvantage.
TheoverseascarwebsiteincludesCarmax.com.Theoverseasmagazines
includes<Automotorandsport〉isfromGermanyandAutomotiveNews>is
fromAmerica.WiIdhorseAutomobileCompanycanincludeinformationfrom
foreignwebsiteandmagazines.
2.3Keyopportunitiesandthreatsassociatedwithentryinternational
market
Primaryresearchshouldpayattentionincludes:
Primaryresearchincludeslocalpolicylocaleconomyandlocalculture,
Companiesshouldbefami1iarwiththecultureofthetargetcountryis
conducivetotheacquisitionofthetargetcountryinformation.Itis
convenientforthecompanytounderstandthelocalcultureandcommunicate
withthelocalpeople.Thegovernmentpolicyofthetargetcountrycan
affectthedevelopmentoftheenterprise.Tounderstandlocalpolicies
canavoidthelossofenterprises.Thetargetcountry1seconomywill
directlyaffecttheincomeoftheresidentsofthetargetcountry.The
companyproducesthecarthatissuitableforthetargetcountrythrough
thelocaleconomiclevel.Thecompany'scarsgomoresmoothlyintothe
targetcountry.
Thewildhorseautomobilecompanycanobtaintheinformationinthese3
publicplaces.Forexample,theofficeoftheparkinglot,carwashshops,
tollstations.Companiesfromtheofficeoftheparkinglottoget
information,thecompanycanunderstandthepopularcarmodelsandthe
useof.Getinformationfromthecarwashshop,thecompanycangetthe
popularcarpriceinformationtorecord.Companiesproducethemost
attractivecarsthroughtheacquisitionofinformation.Companiescan
collectinformationfromthetollstation,thecompanycanknowthe
differentcarcharges,speedandperformanceofacarrunning,youcan
findalong-distancecarrunningmodels,whichisconducivetothe
company,scarsales.
Externalenvironmentincludessixfactors,divideintopolitical,legal,
social,natural,technologicalandeconomic.
Politics,includingthegovernment'senergyconservationandemission
reductionpolicies,foreignpolicyandvehiclecontrolpolicy.
Economyincludespercapitaincome,unemployment,consumptionlevel.
Society,includingpopulation,localeducationlevelandtheproportion
oflocalpopulationage.
Technologyincludestechnicalworkers,technicaloptimizat/ionand
updatingoftraditionaltechnologies.
Nature,includingairpollution,naturaldisastersandwasteof
resources.
Thelawincludeslocallawstoprotectlocalcarcompanies.
TheopportunityofWildhorseAutomobileCompanyintheoverseasmarket
includes:
Technological:TargetcountryJsgovernmentrequiresimportedcarsmeet
theslandaidsofenergyuunticxvalion.Sotargetcounlryhashighdeuiciiid
fornewenergyvehicles.Chineseautocompanieshavegreatdevelopment
inthenewenergy.China,sautocanexportstotargetcountries.
TechnologycanhelpWildhorseAutomobilecompanyincreasesales.
Economy:thetargetcountry5seconomicrecovery,thetargetcountry's
employmentraterises,thetargetcountry'spublicdemandforthecar
increases.Sothepublicdemandforcarsisworkinginthetargetcountry.
Chinesecarshavepriceadvantage,whichisconducivetothesaleofthe
targetcountry.
ThetechnicalthreatofWildhorseAutomobileCompanytoentertheoverseas
marketincludes:
Social:Developedcountriescarbrandisgoodintargetcountrypublic's
heart.But,Chinesecarbrandhasbadimpressionintargetcountry
public,sheart.BadimpressionofbrandcaninfluenceChineseautomobile
efficiencyintargetcountry."MadeinChina“inapartoft.hpforeign
marketimpressionisinferior,Chinaneedstochangetheimpressionof
thebrand.PromotionofbrandimagecanpromotethesalesofChinese
automobilebrand.
2.4WildhorseAutomobilewouldusetoselectwhichmarketstoenter
1.Whenacompanytooverseasmarketneeddomarketresearch.Theresearch
includesprimaryresearchandsecondaryresearch.Secondary
researchJswayincludescollectinformationfromavarietyof
reliablesources.Atthisstagesuchtechniquescanbeused.
2.Screenthecollectedinformationusingsetcriteria,e.g.asinthe
BusinessEnvironncntalRiskIntelligence(BERI)index.
3.Selecttop-scoringcountriesorregion
4.Applysecondaryscreeningcriteriausingdatafrommarketsandthe
business,e.g.marketattractiveness/competitiveadvantage(GE
matrix)
5.Selectbestcountry(ies)andregion(s)toenter.
6.Prepareaninternationalmarketingplan/strategy
6.1Theselectionofthemostappropriateentrymode
6.2Theselectionofthemostappropriatetargetmarkets
6.3Theselectionofanappropriatemarketingmixsuitedtothecountry
andtargetmarket.
2.5ThemodesofmarketentryavailabletoWildhoresAutomobile
1)TheInternet
ThepopularityofInternetcomputersandmobilephoneshasshortenedthe
distancebetweenpeopleandimprovepeople*sworkingefficiency,which
isgoodforinternationalmarketing.Internetmakesinternational
paymentsmoreconvenient.Theadvantagesoftheinternationalnetworkof
thebuyerandthesellerincludingsecurityandfast.TheInternetcan
monitorlogistics,makelogisticsmoresecure,andpromotetradebetween
countries.
2)Exporting(DirectandIndirect)
Directexportscanenableenterprisestoquicklyselltheirproductsin
theinternationalmarketataverysmal1start-upcost,intermsoffixed
assetsdoesnotrequireorrequiresonlyasmallamountofinvestment,
sothereislittlerisk.Intheinitialexploratoryexport,onthebasis
ofprevioussuccess,theenterprisebyincreasingtheexportvolumeof
exportlinesandenterthenewinternationalmarket,soastogradually
increasetheexportvolume.Directexportcanenableenterprisesto
accumulatealotofinternationalexperience,sothatenterprisesinthe
processofinternationalizationofthemorefaraway.
Indirectexportmaybeagoodwayforenterprisestoenterthe
internationalmarketforthefirsttime.Manufacturersneedonlyalittle
knowledgeofforeignorforeignmarkets,butalsobecauseofthis,ithas
separatedthemanufacturersfromforeignmarkets.Indirectexportsreduce
therisk.
3)ContractualAgreement
Contractmodeisanon-equitycontractsignedbetweentheenterpriseand
thetargetcountry,theformerpatent,technology,experience,management,
humanrpsourcesandotherintangih1passpt.sforthp1att.prtoUSA,and
fromthelattertoobtaineconomicbenefitstoshare.Contractisaway
toentertheforeignmarketthroughtheoutputofknowledgeandtechnology.
Contractmodemainlyincludes:licensemode,franchisemodeandproject
contractingmode,etc.
Entrymodesofinternationalmarketing
Waystoentertheinternationalmarketincludeinternationalagent,
licensing,franchising,jointventure,turnkeyprojects,andstrategic
alliance.Detailedthreewaystoentertheoverseasmarket.Threeways
includesinternationalagent,1icensing,andfranchising.
Iiileriialioiictlagent:Inleiiialionulcxpoilagencyisamuthudfoxacompciiiy
toemployoverseasagentstopromoteinternationalsales.Agentshaveno
titletothegoods.Agentsonlychargeacommission.Internationalagent
takelessinvestmentandgetlessmoney.
Theadvantagesofinternationalagentincludesinternationalagenthave
expensiveknowledgeandexperienceofmarket.Littleinvestmentrequired
andlowpoliticalrisk.Thedisadvantageofinternationalagentincludes
internationalagentmaylackcommitmentandmotivation.International
agentmaybetoosmalltoexploitthewholemarket.Andthismethodmay
beinefficientforlargemarkets.
Franchising:Franchisingistheownerofthefranchiseisintheformof
contractualagreement,whichallowsthefranchiseetouseitsname,
trademark,proprietarytechnology,produc:andoperationmanagement
experiencetoengageinbusinessactivities.FranchisingTakeless
capitalinvestment,andgettheamountofnoneyearnedmoderate.
Theadvantagesoffranchisingincludeshighlevelofcontrol,highly
motivatedbusinesscontactwithmarketknowledge,money.Andfranchising
cangiveprotectionofpatents.Thedisadvantageoffranchisingincludes
problemswithlocallegislation,highcostofmarketingpackagetosupport
franchisees.Costandtimeinvolvedinfindinggoodfranchisees.
Licensing:Licensingisauthorizedtooperate,chargetoallowothersto
usetheirownbrand3fcommercialoperationmodeinthespecifiedtime.
Licensingininternationalmarkettakelessinvestmentandgetless
return.
Theadvantagesoflicensingincludesaprolongeddepxeuialionofalaxget
country,scurrencymayalsoswingamanufacturerfromexporttolicensing.
Licensingovercomestheproblemofhightransportationcost,whichmake
theexportofsomeproductsnon-competitiveintargetmarkets.Political
riskis1owerthanwithequityinvestments.Manyhostgovernmentfavour
licensingoverforeigninvestmentasawaytogettechnology.The
disadvantageoflicensingincludeslackofcontrolbythelicensorover
themarketingplanandprogrammeinthetargetcountry.Riskofcreating
acompetitorinthirdmarketsoreveninthemanfacturer,shomemarket.
Armedwiththelicensorstechnology,thelicensesmaybecomeaformidable
competitorinworldmarkets.Absolutesizeofincomefromalicensing
arrangementascomparedtothatfromexportingto,orinvestingin,the
targetcountry.
2.6ThemostappropriatemethodforWildhorseAutomobiletoentrymarket
WildhorseAutomobileCompanyhavechosentheMalaysianmarket.Wildhorsc
canchoseIndiamarket.India'spoliticalstabilityleadstosocial
stability.IndiaisAsia?sanchorpconomy.India'spconomyis
developingveryfast.India,spercapitaincomeincreased.Indian
em
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