AllStar Marketing Plan

Slides:



Advertisements
Similar presentations
Global Marketing.
Advertisements

GLOBAL MARKETING The world is shrinking because of: faster communication transportation financial flows.
ValueNomics THE TRADE FUNNEL. DEMAND SIDE ANALYSIS MRI SCAN SUPPLY SIDE ANALYSIS CUSTOMER VALUES ANALYSIS VALUE SYSTEM ANALYSIS TRADE PROMOTION TRADE.
International Marketing Simulation
Economics Understandings
Globalization of Mexican Businesses By Arun Kottolli.
Country Manager Consumer Research. Country ManagerConsumer Research2 Overview  All of the Background, Environment, Consumer, Competition, and Internal.
Copyright © 2008 Pearson Education CanadaPrinciples of Marketing, Seventh Canadian Edition Chapter 18 The Global Marketplace.
Copyright, 2000South-Western College Publishing A Game of Strategy in a Global Industry.
Global Markets and International Marketing
1-1 Chapter 1 WORLDWIDE DEVELOPMENTS. 1-2 Regional Developments Impacting Internationalization North American Free Trade Agreement (NAFTA) –U.S., Canada,
A guide for developing a marketing plan Guideline for cultural analysis Guideline for economic analysis Guideline for market audit and competitive analysis.
ECONOMIC DEVELOPMENT OF LATIN AMERICA STUDY GUIDE.
Definition Global Firm
For Internal Discussion Purposes Only1 Feasibility of ZARA in Peru Market Seeking Opportunity Erin Bereit Tarun Hingorani Matthew Raffa Taras Sanow Jonathan.
Part Two The Global Environment and Social and Ethical Responsibilities 5 Global Markets and International Marketing.
Chapter 7 Reaching Global Markets 7 | 3Copyright © Houghton Mifflin Company. All rights reserved. Objectives Understand global marketing strategy Analyze.
Objectives Understand how the international trade system, economic, political-legal, and cultural environments affect a company’s international marketing.
The International Marketing Simulation
Global Marketing Chapter 5. Global Marketing Why do I need to study this? Why do I need to study this? Why Go Abroad? Why Go Abroad? Increased Revenue.
Chapter Nine Local Marketing in New Growth Markets.
Federal Reserve Economic Systems Economic Terms Trade $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300 $400.
Chapter 7 Global Marketing
1 Chapter 19 The Global Marketplace. 2 Global Marketing into the Twenty-First Century The world is shrinking rapidly with the advent of faster communication,
Principles of Marketing Lecture-41. Summary of Lecture-40.
Global Edition Chapter Nineteen The Global Marketplace Copyright ©2014 by Pearson Education.
1.9 Globalization Chapter 9. What is Globalization? The growing trend towards world-wide markets in products, capital and labor, and unrestricted by barriers.
Global Forces & CountryManager. Global Forces The Great Rebalancing –Emerging market growth > Developed market growth –Urban migration, growing labor.
Chapter 5 Developing a Global Vision. Global Vision Identifying and reacting to international marketing opportunities Creating effective global marketing.
CARDIO # 6 1.According to the map on your TEXT BOOK page 37, around what physical feature is Egypt's population the densest? 2.Why do you think more people.
ALLSMILE IN MEXICO SVETA AARON ANSON. Agenda 1. Overview of Mexico 2. Market Attractiveness 3. Competition 4. Consumers 5. Allsmile in Mexico 6. Market.
Intro to Business Chapter 3 Business in the Global Economy
Unit 3 Economy Study Guide Who or what makes the decisions of what to produce, how to produce, and for whom to produce in a traditional economy? Customs.
Competing in Global Markets
The World Market Place: BUSINESS WITHOUT BORDERS.
Reasons for the “Development Gap”.. Social and Economic Groupings of Nations... OBJECTIVES: Indentify FOUR new ways of grouping countries. Explain different.
Chile Marketing Report
The Global Marketplace For Brands and Products Marketing 3349 Chip Besio.
A Model For Selecting Foreign Markets Preliminary Opportunities Country Priority Listings Probable Opportunities 1. Macro Level Research (General Market.
Copyright © 2012 Pearson Education. Chapter Nineteen The Global Marketplace.
Copyright © 2007 Pearson Education Canada 19-1 International Trade and Canada 1. 1/3 of our jobs depend on international trade. 2. 9,00 new jobs created.
Why Planning is Important Irwin/McGraw-Hill Marketing Planning u The process of— (1) selecting a target market, and (2) developing a marketing mix to.
12. Developing & Managing Products & Brands. Product Decisions Product attributes –Quality, features (performance), design (appearance) Branding –Brand.
Principles of MarketingTheocharis Katranis, MBASpring Semester 2013 Principles of Marketing Theocharis Katranis Lecture 11 Spring Semester
Investor Presentation London, October 2015 South America.
International Trade & its Benefits. Why do Nations Trade? To obtain goods they cannot produce To reflect comparative advantage- when one country produces.
Regional Economic Integration. Introduction Regional economic integration refers to agreements between countries in a geographic region to reduce tariff.
Part Two Using Technology for Customer Relationships in a Global Environment Global Markets and International Marketing 5 5.
Copyright © 2005 Pearson Education Inc. The Global Marketplace Chapter 18 PowerPoint slides Express version Instructor name Course name School name Date.
Chapter 05 Global Markets and International Marketing Part Two Using Technology for Customer Relationships in a Global Environment.
Copyright © 2004 by South-Western, a division of Thomson Learning, Inc. All rights reserved. Part 1 Business in a Global Environment.
Marketing Management International Marketing Paul Dishman, Ph.D. Department of Business Management Marriott School of Management Brigham Young University.
UNIT 7 REVIEW GAME International Trade Basics Free Trade & Protectionism Globalization Issues The United Nations & Internationalism
The Global Marketplace Global Marketing in the 21 st Century The world is shrinking rapidly with the advent of faster communication, transportation,
Free Trade Agreements NAFTA, CAFTA, Mercosur. Definitions Tariff- tax on imported goods.
Marketing is the process of planning and executing the pricing, promotion and distribution of ideas, goods, and services to create exchanges between buyers.
1. MERCOSUR Overview 2. Established MERCOSUR I.Established Background II.Established Process 3. MERCOSUR’s Economic advance 4. Present MERCOSUR I.The.
MGT301 Principles of Marketing Lecture-41. Summary of Lecture-40.
The Global Marketplace
GLOBALISATION.
Business in the Global Economy
The Global Marketplace
21 Tapping into Global Markets
FMA 601 Foreign Market Analysis
21 Tapping into Global Markets
Marketing & Sales Strategy & Planning.
International Marketing
The Global Marketplace
Marketing Your Product/Service
The Economic Environment
Presentation transcript:

AllStar Marketing Plan Team member names : Their position in the firm

Executive Summary Goal Increase global sale and increase brand equity Market Entry Sequence (based on micro and macro economic factors) Brazil, Mexico, Colombia, Argentina Building a plant Brazil SKU and pricing strategy At least 8 SKU in each country by benchmarking the price with competitors Promotion Tailor-made

Situation Analysis The ultimate goal is to acquire a substantial amount of market share in Latin America

Reasons for the decisions: Strategy: To acquire a huge market share and brand equity over the largest countries, so that major market share is gained in Latin America as a whole. We chose to enter the for biggest countries population wise, i.e. Brazil, Mexico, Colombia and Argentina, in descending order of their population, to have a huge number of customers. There are no tariffs for shipping from home country to Mexico and Colombia due to agreements such as NAFTA. Also, there is no shipping tariff from Brazil to Argentina, according to MERCOSUR agreement.

Market Entry Strategies Build Market Share Constant & Continuous Growth Profit

2nd Largest Population 120.3m GDP/Capita $15,300 Poverty line 52.3% Home Plant Trade Agreement 80%/10yrs NAFTA Brazil Largest Population 202.7m GDP/Capita $11,900 Poverty line 21.4% Inflation 12% Mexico 2nd Largest Population 120.3m GDP/Capita $15,300 Poverty line 52.3% MERCOSUR Colombia 3rd Largest population 46.2m GDP/Capita $11,400 High GDP growth 4.2% Poverty Line 32.7% Argentina 4th Largest Population 43m Highest GDP/Capita $17.900 Poverty line 30%

Manufacturing

Production cost Tariffs Shipping Exchange rates Country Production cost Tariffs Shipping Exchange rates Brazil $100 million not applicable Mexico (H) without incurring any tariff (NAFTA) 0.020$ per unit 12.76/$ Colombia duty free 1851.85/$ Argentina (B) without incurring any tariff (MERCOSUR) 1BRL/4.39627MXN

Targeting, Positioning and Marketing Mix Strategies

Marketing mix strategies 1. Brazil Place/distribution strategy: Traditional, hypermarket and wholesale Price strategy: Bench marking. Discount. Product strategy: Enter with less number of SKUs Expand SKUs including white, healthy and kids Promotional strategy: Advertisement focused on families for healthy and white product

2. Mexico Place/distribution strategy: Traditional, hypermarket, self-service and wholesale Price strategy: Bench marking, Discount Product strategy: Introduce the kid’s product to the market Promotional strategy: Family focused healthy and white product New advertisement focused on younger ones 3. Colombia Traditional and hypermarket

Product strategy: Introduce kid and gel product Promotional strategy: Adapt existing advertisement New advertisement for kid product 4. Argentina Place/distribution strategy: Traditional, hypermarket and self-service Price strategy: Bench marking, Discount All types of products with limited SKUs Introduce kid product

Brand Equity Graph

Future Plan Pumps Paste Gel Brazil Mexico Columbia Argentina

Thank You!!!