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WORLD TRADE GROWTH
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GLOBALIZATION Way of life Way of production Keeping in touch with the universal dimension of international trade.
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PROMOTION OF EXCHANGES SME’s and Market Definition of the two terms of this relationship SME’s : different definitions in Europe Role of SME’s in the Market
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COMPETITION The Strategy will change from export to 1Direct investments 2Cooperation with local agents 3Distribution 4Joint ventures Key Factor: Services intensive sectors Technical Assistance
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MARKETING STRATEGY OF A SMALL FIRM 1st step: analysis of consumer behaviour Persons Organisations ≻ firms – public org. WHO DOES IT IN A SMALL FIRM?
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2nd step: Costs of a marketing programme Information barriers Role of Internet Technical barriers
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3rd step: Marketing mix: Comunication Characteristic Price Distribution HOW IT WORKS IN A SME
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GLOBALIZATION: New Countries with a lower labour cost The cases of China and India New strategies for european firms New markets U. A. E. Russia Enlargement of E.U. HOW TO FACE IT
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SCHEME OF A MARKET RESEARCH Information about the country Economic and social structure Foreign trade Analysis of distributed products
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Analysis of the different channels Distribution: Indipendent Associated Concentraded Specialized Other firms
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STRATEGIC POINT Collect datas Analysis Data processing Decisions Recognizing the real behaviour of the consumer. What he needs and what is expected from the product.
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HOW TO ENTER IN A MARKET SME’s ≻ Trade fair ≻ Local firms Marketing Research Analysis of the market with datas Research on the field
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Role of the Research Avoid Risks Financial Logistic Capacity of production
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Theory of marketing: Start from the market
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EU PROGAMMES FOR SME’S An overview of the main funding opportunities available to european SME’s Assistance Non financial Financial
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FOUR CATEGORIES 1. Funding opportunities available directly Environments (life III) Research (sixth framework progamme) Education (information Society)(Socrates) Energy (renewable energies) (energy efficiency) Transport
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2. Structural Funds Programmes managed at national and regional level Help to reduce disparities in the development of regions. Promote economic and social cohesion within the E.U.
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Three objectives: 1) development SME support structures in the least favoured regions 2) conversion of regions facing difficulties (job opportunities) 3) modernising systems of training and promoting employment
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INSTRUMENTS ERDF – European Regional Development Fund ESF – European Social Fund FIFG - Financial Instrument for Fisheries guidance EAGGF - European Agricultural guidance and guarantee Fund
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COMMUNITY INITIATIVES Common solutions to problems affecting the whole Union INTERREG III Transnational Cooperation URBAN Regenerate Cities
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EQUAL Elimination of the factors leading to inequalities and discrimination in the labour market LEADER + Local development through SME in rural areas
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3. FINANCIAL INSTRUMENTS Managed by the European Investiment Fund Multi – annual programme 2001 – 2005 (€ 350mln provided by the Commission) Indirect Assistence with national financial intermediares to be implemented Two instruments Venture capital Guarantee instruments
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4. NON FINANCIAL ASSISTENCE Business Cooperation AL Invest Asia Invest Executive training programme (Japan –Korea) Gateway to Japan
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OTHER PROGRAMMES FOR COOPERATION Phare Meda
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NATIONAL BEST PRACTICES Services support to SME’s Export Consortia Role of Chambers of Commerce Desks abroad to analyse markets
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