Preview

Country Notebook

Powerful Essays
Open Document
Open Document
2844 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Country Notebook
PART SIX

Country Notebook
THE COUNTRY NOTEBOOKA GUIDE FOR DEVELOPING A MARKETING PLAN
TH E CO UN TRY N O TEB O O K O U TLI N E
Cultural Analysis Economic Analysis Market Audit and Competitive Market Analysis Preliminary Marketing Plan

580

Part 6

Supplementary Material In each guideline, specific points must be adapted to reflect a company’s products and/or services. The decision as to the appropriateness of specific data and the depth of coverage depends on company objectives, product characteristics, and the country market. Some points in the guidelines are unimportant for some countries or some products and should be ignored. Preceding chapters of this book provide specific content suggestions for the topics in each guideline.

The first stage in the planning process is a preliminary country analysis. The marketer needs basic information to evaluate a country market’s potential, identify problems that would eliminate a country from further consideration, identify aspects of the country’s environment that need further study, evaluate the components of the marketing mix for possible adaptation, and develop a strategic marketing plan. One further use of the information collected in the preliminary analysis is as a basis for a country notebook. Many companies, large and small, have a country notebook for each country in which they do business. The country notebook contains information a marketer should be aware of when making decisions involving a specific country market. As new information is collected, the country notebook is continually updated by the country or product manager. Whenever a marketing decision is made involving a country, the country notebook is the first database consulted. New-product introductions, changes in advertising programs, and other marketing program decisions begin with the country notebook. It also serves as a quick introduction for new personnel assuming responsibility for a country market. This section presents four

You May Also Find These Documents Helpful

  • Powerful Essays

    John Lewis in China Report

    • 6732 Words
    • 27 Pages

    Ghauri, P and Cateora P (2010). International Marketing. 3rd ed. New York: McGraw Hill Education. p249.…

    • 6732 Words
    • 27 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

    Greggs

    • 3139 Words
    • 13 Pages

    After finding the right country to expand to the author will describe the ideal market entrance strategy and a optimal marketing mix to be successful.…

    • 3139 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Mba Student

    • 758 Words
    • 4 Pages

    INTERNATIONAL MARKETING Lesson #2 – Spring 2013 (Drue) Covered in the lesson |International Marketing - Writing | |Tone | |Audience | |Generating marketing expressions | |Yahoo Work in the Office Directive | |Discussion - Choice of product/service | |Suzuki exiting US Market | |Discussion – Choice of market | |Assignments |word count |Grading % | |Product/Service Description & Overview |500 |5 | |Write a Product/Service Description and Overview. | | | |Choose a product/service and a market to enter. | | | |Explain the rationale for making such a choice. | | | |Include a sector/industry overview to support your choice.…

    • 758 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Marketing Plan Template

    • 269 Words
    • 2 Pages

    Marketing Plan By Charlene McCormack I. Executive Summary 3 II. Introduction 3 III. Situational Analysis 3 A. The Situational Environments 3 1.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Communications-Security System Services-These devices and systems have a wide range, specifically, home and car. The demand is driven partly by home sales, new home construction and office construction. Most security systems like Brink Security have warning decals on the windows or in the yard to advertise. Commercial marketing usually consist of a direct sales force that call on owners and operators of commercial building companies that provide security monitoring services often have large account recieveable and credit problems with payments from subscribers, defective or poorly installed equipment or poor service, can have expensive consequences and Law suit risk in false alarms and frequent investment in new technology, The demand for residential and commercial construction and sales, need is in customer service and product, the companies increase their and systems and services by going to the senior citizens and dual income families. In their growth over the next 10 years included will be monitoring and security systems that include devices that measure environment factors, such as humility and quality of air and water. Healthcare-Nursing Home and Assisted Living-over 5 million elderly, mentally ill and, other physically and mentally challenged people need healthcare.…

    • 730 Words
    • 3 Pages
    Good Essays
  • Good Essays

    research

    • 304 Words
    • 2 Pages

    CountryManager explores the modes of market entry, segmentation, and targeting, and the 4Ps in an international context. This simulation provides valuable experience for marketing students who wish to explore the launch of a product into a new country. We now have two scenarios available for two different regions, Latin America or Asia:…

    • 304 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Major marketing programs 4 1.6 Expected marketing results 4 1.7 Key to success 4 2. Company Overview 5 3. Objectives 5 3.1 Corporate objectives 5 3.2 Marketing objective 5 3.2.1 Short-term (upcoming year) 5 3.2.2 Long–term (3 to 5 years) 6 4. Situation analysis 6 4.1 Industry analysis 6 4.1.1 Market characteristics 6 4.1.2 Trends and Drivers 7 4.1.3 Legal, Political & Economic Factors 7 4.1.4 Sociocultural Factors 7 4.2 Competitive Analysis 8 4.2.1 Competitive Landscape 8 4.2.2 Key players 8 4.2.3 Key Players vs. WarmHeart 8 4.2.4 Strategic Group Map 9 4.3 Customers Analysis 9…

    • 5196 Words
    • 21 Pages
    Satisfactory Essays
  • Powerful Essays

    Park Avenue Skin Care

    • 2574 Words
    • 11 Pages

    Cateora, P.R., Gilly, M.C., Graham, J.L. (2011) International Marketing, 15th Ed, McGraw-Hill/Irwin, New York: NY…

    • 2574 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    This paper will describe the details of a fictitious company and provided its background and will develop a marketing plan with a focus on segmenting and positioning its product and service. Thirdly, this paper will determine and decide upon at least one (1) foreign market for the product and service.; identify the marketing segment for the product and provide a rationale for this segment and discuss the target market and provide a rationale for this target market. Also, it will perform a SWOT analysis (strengths, weakness, opportunities, and threats) for the company. Lastly, this paper will create the market position for your product and service.…

    • 1287 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Working in teams of 4 – 5 students you will analyze a country’s cultural and economic environment in order to develop a marketing program for a specific product or service. The purpose of this assignment is to facilitate cross-cultural understanding and evaluate a country’s market potential. You should work as if you represent a company planning to expand operations to several new countries. Your job is to analyze and tentatively propose a marketing program for the company’s product in one of the countries. The project includes a paper (15 pages plus as many appendixes, tables, etc. as needed) and a presentation (each group will have 15 minutes to present their work to the class). Please see The Country Notebook (p. 586) in International Marketing by Cateora and Graham.…

    • 1260 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Nokia Connects

    • 1111 Words
    • 5 Pages

    There are many benefits of being the first company to introduce your product on the market in a new country. One advantage would be gaining sales and popularity, by introducing your brand new product. But before they decide to launch their product in a new country, the company needs to research the target market, the country’s sales trends, the competition, what type of competition is in the surrounding area and the type of products they are selling. After they need to make judgment calls, incorporate strategic business plans on how to attract the target market to their new product. This plan should also include strategies on how to effectively advertise your product.…

    • 1111 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    From the perspective of an international marketing executive working in a multinational organisation, use relevant concepts to explain and analyse the key considerations when deciding to operate in new international markets.…

    • 439 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    * Nike’s mission statement is all about combining the love for sports with a mutinous and headstrong nature to think out of the box by means of innovation and inspiration (Katz 1994)…

    • 9486 Words
    • 38 Pages
    Powerful Essays
  • Powerful Essays

    Global Marketing Notes

    • 9967 Words
    • 40 Pages

    To what extent marketing plans and programs can extend worldwide and to what extent they must be adapted is one of the important tasks of the global marketing manager.…

    • 9967 Words
    • 40 Pages
    Powerful Essays

Related Topics