Preview

Development of an international marketing strategy to enter the UK market - Olive Factor

Powerful Essays
Open Document
Open Document
6072 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Development of an international marketing strategy to enter the UK market - Olive Factor
European FMCG company project:

Development of an international marketing strategy to enter the UK market

[Type the document title]

O!live Factor

Table of Contents

I.

Introduction.....................................................................................................................2
a. Summary
b. Purpose

II.

Method.............................................................................................................................3

III.

Phase I Report.................................................................................................................4
a. Company Background
b. Product Profile
c. Home Market Profile
d. Market Positioning

IV.

Phase II Report...............................................................................................................9
a. Host Market Profile
b. Competition

V.

Phase III Report............................................................................................................13
a. Market Segmentation
b. Entry Mode
c. Pricing Strategy and Plan
d. Distribution Strategy and Plan
e. Promotion Strategy and Plan

VI.

Conclusions and Recommendations.............................................................................22

VII.

Bibliography..................................................................................................................23

2

[Type the document title]

I.

O!live Factor

Introduction
a. Summary
This document intends to elaborate a successful market entry strategy for O!live
Factor in the prospect of a penetration of the UK market. The following study will, first and foremost, provide an overview of the two very different markets touched by this subject, the home, Greek, market and the host, UK, market with particular attention to consumer buying behaviour of olive tapenades, the product to be launched overseas. A review of the company’s market segmentation, target



Bibliography: Abaum G, Strandskov J, Duerr E, 2002. International Marketing and Export Management, Fourth Edition, Financial Times Prentice Hall. Buzzell R D, Quelch J A, Bartlett C, 1991. Global Marketing Management Cases and Readings, Second Edition, Harvard Business School. Craig, C S, Douglas, S P, 2005. International Marketing Research, Third Edition, John Wiley and Sons Ltd. Gatsoulis J, 2003. It’s a beautiful business. Athens News, 31 Jan, p A12. Hollensen, S, 2010. Global Marketing: A decision-orientated approach, Fifth Edition, Financial Times Prentice Hall.

You May Also Find These Documents Helpful

  • Better Essays

    Executive Summary.…………………………………………………….…………………………..….2 Which Product and Why?………………………………………………………………………………4 Target Consumer Market…...……………………………………………………………………….…6 Labor Cost, Availability……...…………………………………………………………………………10 Macroeconomic condition………………………………………………………………..………….…12 Technology...………………………………………………………………………………………….…14 Growth...……………………………………………………………………………………………….…15 Key challenges/Risk/Political stability/Corruption...……………………………………………….…16 Logistics……………………………………………………………………………………………….…18 Marketing Channel..………………………………………………………………………………….…19 Tariff/Foreign Trade Agreement…………………………………………………………………….…22 Domestic and foreign competition…………………………………………………………………..…23 Cultural Distance….………………………………………………………………………………….…25 Mode of Entry….….…………………………………………………………………………………..…27 Obstacles………….…………………………………………………………………………………..…28 Key Sources of Funding……………………………………………………………………………..…29 Economic Indices..………………………………………………………………………………….…..25 Bibliography…………………………………………………………………………………………...…32…

    • 10938 Words
    • 44 Pages
    Better Essays
  • Satisfactory Essays

    Marketing Plan Template

    • 269 Words
    • 2 Pages

    Demand and demand trends 3 2. Social and cultural factors 3 3. Demographics 3 4. Economic and business conditions 3 5. State of technology for this class of product 3 6.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    • Domestic (competitors' behaviour, economic performance of businesses in the UK, trends, tax and interest rates)…

    • 1515 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    • Domestic (competitors' behaviour, economic performance of businesses in the UK, trends, tax and interest rates)…

    • 1002 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Unit 39 P6

    • 1729 Words
    • 7 Pages

    When the business markets internationally they have to take into account the customers needs and how to meet them, this is often done with a lot of research and information such as questionnaires and analyzing the market’s buyers. They have to take those points into account so that the marketing strategy works internationally.…

    • 1729 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    • Domestic (competitors' behaviour, economic performance of businesses in the UK, trends, tax and interest rates)…

    • 1383 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Effective strategy is developed first by identifying and understanding the implications of the changing events in the business environment. Many of the events occurring currently have a wide international impact, and they may be seen to be influencing the results and responses of large supermarket retailers. The changes, or issues, that we see as important from a strategic planning perspective are:…

    • 3571 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    In this document I am going to be looking at five of the above mentioned factors. These include; economic recession in the UK, Availability of quality products and services. Weather, health, safety and security.…

    • 2245 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    * Domestic (competitors' behaviour, economic performance of businesses in the UK, trends, tax and interest rates)…

    • 1378 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Thank you for choosing me to conduct the research into the United Kingdom. If you have any further questions about the research or recommendation please contact me (623-202-5467, kwaltman@grwt.com) and I will be happy to answer any questions referring to the expansion into…

    • 5700 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    As the brand managers for a subset of Allstar Brands we are tasked with figuring out the most lucrative way we are going to enter the Latin American market in a ten-year period. We are selling Allsmile brand toothpaste, in various SKU’s to best satisfy the demand in each country. We first analyzed each country focusing on unemployment rate, poverty rate, size of population, and quality of water. After analyzing each country we decided to enter Brazil first because it has the highest population, high unemployment rate, and a moderate poverty rate for the region. We also decided to base our manufacturing plant in Brazil because there are no tariffs when producing and selling and because of its central location to other Latin American countries we are entering in the future. When we entered Brazil in years 1 and 2 we produced 3 different SKU’s, had only 1 advertisement, and sold through traditional and hypermarkets. We quickly realized we needed to advertise more and add another SKU and advertised each SKU individually.…

    • 4126 Words
    • 17 Pages
    Good Essays
  • Better Essays

    Bibliography: Adams, J. & Birn, R. 2004. The international handbook of market research techniques. London…

    • 1861 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Often companies are led into international and even global markets by burgeoning consumer or customer demands, and strategic thinking is secondary to “filling the next order”. But putting strategic thinking on the back burner has resulted in marketing failures for even the largest companies.…

    • 1184 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Pervez N. GHauri, Philip Cateora (2010). International Marketing. 3rd ed. London: MC Grow Hill. P4-P651.…

    • 5030 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    Abu dhabi education

    • 386 Words
    • 2 Pages

    A large proportion of external customers come from the developed countries, such as Europe, Australia and United…

    • 386 Words
    • 2 Pages
    Satisfactory Essays

Related Topics