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XYZ COMPANY INTRODUCES “PERSONAL DENTIST”
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Introduction Information about “Personal Dentist” Information about Brazil’s market Market export strategies Market screening process Conclusion
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About “Personal Dentist” All natural Affordable Easy to use Clinically proven to work Safe for all ages
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Brazil People are friendly and open-minded Population is growing Basic need for “Personal Dentist” Great opportunity for XYZ Company Brazil’s market has potential
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(Characteristics of Brazil) GDP/capita, GDP capita growth rate, and size of market GDP/capita= $9,700 estimate in 2007 GDP/capita growth rate= 4.5% Population estimated 190,010,647 We want GDP to grow Continue to follow Brazil’s economy
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Market Screening *Basic Need* Personal hygiene is a factor Health concerns Poor dental habits Situation is getting worse “Personal Dentist” can change this
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Exchange Rate Trends 1 USD = 0.594884 BRL BRL looks strong Looking good for XYZ Company Rates can change Must be prepared
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Import Restrictions Brazil 13 th largest export market “Personal Dentist” no hazardous materials Toothpaste tube is approved Shipping package is approved All government guidelines are followed
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Price Controls Import tax Brazilian Tax ID Customs fees Tariffs Duties and Tax
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Import Duties - Duty and Tax Brokerage Fee Warehouse Tax Handling Charge Administration Commission Additional Port Tax
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Import Duties Duty and Tax (continued) Merchant Marine Renewal Tax
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Documents Needed Register with Foreign Trade SECEX Certificate of origin Commercial invoice Marked samples for demos Air way bill
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Government and Public Attitude Toward Buying American Products Brazilian government is Federal Republic Strong financial ties to U.S. Laws are followed Current attitudes are peaceful/trusting “Personal Dentist” will benefit people
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Competition Colgate Crest, Oral-B Well known companies Strong background Well known and trusted products
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Sociocultural Forces (Attitudes and Beliefs, Languages, Education) Culture/ very diverse nature Religion is mostly Catholicism Portuguese, only official language Minimum 8 year education Culture/beliefs are simple
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Export Marketing Strategies Start promotional demos Sponsor non-profit organizations Keep sales communication with clients Send employees as spokespersons Educate public about dental health
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Conclusion Knowledge of “Personal Dentist” Knowledge of Brazil’s Market Knowledge of Market Screening Process Knowledge of Marketing Strategies Ready, Set, Go!
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References Ball, D. A., McCulloch, W. H. Jr., Frantz, P. L., Geringer, J. M., & Minor, M. S. (2006). International business: The challenge of global competition (10th ed.). New York: McGraw-Hill. Colgate-Palmolive Company, (2008). Retrieved August 19, 2009, Web site: http://www.colgate.com/app/Colgate/US/HomePage. cvsp
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References continued Fed-ex, (2008). Retrieved August 19, 2009, Web site: http://www.fedex.com/us/international/irc/profiles/irc _br_profile.html?gtmcc=us Free Trade Areas of the Americas, (2008). Retrieved August 19, 2009, Web site: http://www.ftaa- alca.org/spcomm/soc/Contributions/Miami/cscv82_e. asp
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References continued Newman, F (2006). Basic Business in Brazil. Retrieved August 19, 2009, Web site: http://www.brazilbrazil.com/basicbiz.html New York Times, (2005). Brazil and the United States. Retrieved August 19, 2009, Web site: http://topics.nytimes.com/top/news/international/cou ntriesandterritories/brazil/index.html?inline=nyt-geo
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References continued Fed-ex, (2008). Retrieved August 19, 2009, Web site: http://www.fedex.com/us/international/irc/profiles/irc _br_profile.html?gtmcc=us Free Trade Areas of the Americas, (2008). Retrieved August 19, 2009, Web site: http://www.ftaa- alca.org/spcomm/soc/Contributions/Miami/cscv82_e. asp
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References continued Newman, F (2006). Basic Business in Brazil. Retrieved August 19, 2009, Web site: http://www.brazilbrazil.com/basicbiz.html New York Times, (2005). Brazil and the United States. Retrieved August 19, 2009, Web site: http://topics.nytimes.com/top/news/international/cou ntriesandterritories/brazil/index.html?inline=nyt-geo
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References continued Procter & Gamble, (2008). Retrieved August 19, 2009, Web site: http://pg.sitebase.net/global/latin_america/pages/cont ent/brazil.html World Fact Book. (July, 2008). 2008 World Fact Book. Retrieved August 19, 2009, from https://www.cia.gov/redirects/factbookredirect.html
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References continued World Health Organization, (2006). Retrieved August 19, 2009 Web site: http://www.wto.org/english/thewto_e/countries_e/bra zil_e.htm X-Rates, (2008). Retrieved August 19, 2009 Web site: http://www.x-rates.com
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