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Click to edit Master subtitle style 7.10.09 Wellcome to Course AI213V International Industrial Marketing Day 1

Introduction to International Industrial Marketing course AI213V

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International Industrial Marketing lecture in NTUU KPI by Carl-Axel Engdahl. Course AI213V.

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Page 1: Introduction to International Industrial Marketing course AI213V

Click to edit Master subtitle style

7.10.09

Wellcome to Course AI213VInternational Industrial

Marketing Day 1

Page 2: Introduction to International Industrial Marketing course AI213V

7.10.09

Introduction

• Aime of the Course.

• Examination

• Individualwork or groupwork in small grops

• Lectures

• Questions and answers

Page 3: Introduction to International Industrial Marketing course AI213V

7.10.09

Examination

1. Written assingment

Way I want to take this course” ½ - 1 page

1 point

2. Outline of marketing plan, including product and/or service presentation and market segment. 2-3 pages. 2 points.

3. Written examination – 5 points

4. Marketing plan (complete) 10 – 15 pages. 7 points

Total 15 points. Scale A – F

Page 4: Introduction to International Industrial Marketing course AI213V

7.10.09

 What is International marketing?

The three main areas to focus on

1. Border between countries

2. Market situation in different countries

3. The interaction with business environment

All marketing is local -

Page 5: Introduction to International Industrial Marketing course AI213V

7.10.09

• The international Focus for new company,- Way?

• 1. Need to create economy of scale

• 2. Develop brand awareness before competitors

Page 6: Introduction to International Industrial Marketing course AI213V

7.10.09

Market/product matrix

PenetrateOld Market

Old product

Product development

Market expansion

New product

New Market

Diversification

Page 7: Introduction to International Industrial Marketing course AI213V

7.10.09

Examples

• Time,

Idea, market research, product development, advertising, sales, after sales ….

• What the company can control

Un controllable, Environment - economic, legal, geography, religion, weather ….

Controllable, 4-Ps, Product, Place, Promotion, Price.

Page 8: Introduction to International Industrial Marketing course AI213V

7.10.09

Market research

• Present market

• New markets

• Market segmentation

Page 9: Introduction to International Industrial Marketing course AI213V

7.10.09

Customer

• Present customer – New customers

• Persons,

• Families

• Industrial

• Distributors

• Market segmentation.

Page 10: Introduction to International Industrial Marketing course AI213V

7.10.09

Use of focus

• Then in real live the marketing managers have to combine all this ad new dimensions and may be omit others that don’t support the present task.

Page 11: Introduction to International Industrial Marketing course AI213V

7.10.09

Work schedule for marketing plan

• Developing marketing strategies and plans

• Capturing marketing insights and performance

• Connecting with customers

• Building strong brands

• Shaping the market offerings

• Delivering and communicating value

• Creating successful long-term growth

Page 12: Introduction to International Industrial Marketing course AI213V

7.10.09

The marketing plan

• 1 Executive Summary

• 2 .0 Situation Analyses

• 3.0 Marketing Strategy

• 4.0 Financials

• 5.0 Controls

Page 13: Introduction to International Industrial Marketing course AI213V

7.10.09

 The marketing plan

• 2 Situation Analyses

• 2.1 Marker Summary

• 2.2 SWOT Analysis

• 2.3 Competition

• 2.4 Product offering

• 2.5 Keys to success

• 2.6 Critical Issues

Page 14: Introduction to International Industrial Marketing course AI213V

7.10.09

The marketing plan

• 3.0 Marketing Strategy

• 3.1 Mission

• 3.2 Marketing Objectives

• 3.3 financial Objectives

• 3.4 Target Markets

• 3.5 Positioning

• 3.6 Strategies

• 3.7 Marketing Mix

• 3.8 Marketing Research

Page 15: Introduction to International Industrial Marketing course AI213V

7.10.09

The marketing plan

• 4.0 Financials

• 4.1 Break-Even Analysis

• 4.2 Sales Forecast

• 4.3 Expense Forecast

Page 16: Introduction to International Industrial Marketing course AI213V

7.10.09

The marketing plan

• 5.0 Controls

• 5.1 Implementation

• 5.2 Marketing Organization

• 5.3 Contingency Planning

•  

• This course will motivate you to learn how to write a marketing plan.

Page 17: Introduction to International Industrial Marketing course AI213V

7.10.09

Why international trade

• Absolute advantages

• Relative advantages Richardo

• Development of skills

• This will be covers in detail during day 2

Page 18: Introduction to International Industrial Marketing course AI213V

7.10.09

What is a market

• Boarder between counteries

• What is a boarder?

Page 19: Introduction to International Industrial Marketing course AI213V

7.10.09

The border between countries

• Duty

• Currency

• Taxes

• Documentation

• Content regulations

• Standards formal/informal

• Tastes and habits

• Unknown