The International Marketing Planning Process Business Mission - Purpose - Business Domain - Major Objectives Business Philosophy - Values - Norms - Rules of Behavior Corporate Policy Potential Market Assessment - Market Size and Potential - Market Selection Procedure - Key Success Factors The International Marketing Planning Process Basic Strategic Decisions Determination of Competitive Position - Internal Analysis - Competitor Analysis - Core Competencies / USP Development Strategy - Cost leader - Differentiation - Concentration Competitive Strategy - Leader - Challenger - Follower - Specialist Product - Segment Selection - Target Customer Segments - Product Positioning The International Marketing Planning Process Market Entry Strategy :
- Market Entry Mode - Market Entry Timing Product Price Promotion Placement Marketing Mix Decisions The International Marketing Plan Overview Executive Summary Country Introduction Economic Analysis Market Audit and Competitive Market Analysis Preliminary Marketing Plan Sources of Information Appendixes The International Marketing Plan Country Introduction I. Geographical Setting II. Relevant history III. Social Institutions IV. Cultural Aspects V. Living Conditions VI. Language (s) The International Marketing Plan Economic Analysis I. Population II. Economic statistics and activity III. Developments in science & technology IV. Channels of distribution (Macro-analysis) V. Media The International Marketing Plan Market Audit I. The product Evaluation of the products USP Major problems of product acceptance II. The market Market size and evolution Consumer buying habits Existent competitors products Marketing Mix typically used III. Government intervention in the marketplace
The International Marketing Plan Preliminary Marketing Plan I. Marketing Plan 1. Marketing objectives 2. Product adaptations/modifications 3. Promotion mix 4. International distribution 5. Local channels of distribution 6. Price determination 7. Terms of sale 8. Methods of payment The International Marketing Plan Preliminary Marketing Plan II. Pro forma financial statements and budget 1. Marketing budget 2. Pro forma annual profit & loss statement III. Resource Requirements 1. Financial Resources 2. Human resources 3. Production Capacity