Shanghai, as one of the largest metropolitan, serves as the heart of finance and economic activities of China. With a large population and rising income level, it provides many opportunities for Famous Amos to grow its business. Not only is Shanghai culturally and socially diversified, its people are also early adopters and are open to western cultures. Its strong currency and steady stock market performance indicates economic strength which add to its attractiveness. The drawbacks are that its political conditions are slightly instable due to the ongoing process of reformation and its legal structure is still developing.
An analysis on competition level in Shanghai revealed that its main competitors will be Kraft, Mars and Cadbury. Besides that, Famous Amos also faces a threat from Hershey’s should it enters the market. The SWOT analysis was also included to highlight the strength and weaknesses of the brand along with the opportunities and threats poses by the external environment. Listed marketing objectives for the first year mainly revolve
References: Allen, M. 2008. China’s Bifurcated Authoritarianism Olympic- Athletes Should Support Dissidents. Democracy Digest, August 1. Factiva. http://global.factiva.com/ (accessed May 1, 2009). Ansoff, I. 1957. Strategies for Diversification, Harvard Business Review 35 (5): 113 – 124. Proquest. http://www.proquest.com.dbgw.lis.curtin.edu.au/ (accessed April 29, 2009). Automatic Merchandiser. 2007. 2007 Readers’ Choice Products of the Year. Automatic Merchandiser Magazine, March 30. http://www.snakking.com/pdfs/news/20_Automatic%20Merchandiser%20-%20Salsitas%20%20Honored.pdf (accessed April 23, 2009). BBC. 2006. China Official Discusses Antiterrorist Measures. BBC, August 26. Proquest. http://www.proquest.com.dbgw.lis.curtin.edu.au (accessed May 2, 2009). Bindra, A. 2005. Philips Opens Design Center in China for Ultra Low-cost Handsets. Mobile Dev & Design, November 17. Science Direct. http://www.sciencedirect.com/ (accessed May 3, 2009). Branigan, T. 2008. Terrorism in China. The Guardian, August 5. http://www.guardian.co.uk/world/2008/aug/05/china.terrorism1 (accessed May 2, 2009). Cateora, P.R. and J.L. Graham. 2002. International Marketing, 11th ed. New York: McGraw-Hill Higher Education. Chang, L.T. 2008. China’s Middle Class. National Geographic, May 1. http://ngm.nationalgeographic.com/2008/05/china/middle-class/leslie-chang-text/1 (accessed May 11, 2009). Chee, H., and R. Harrris. 1998. Global Marketing Strategy. Great Britain: Financial Times Professional Limited. China. 2009. https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html (accessed May 8, 2009). China 's Balance of Payments Surplus Slows Down. 2009. China Daily, February 18. http://www.chinadaily.com.cn/bizchina/2009-02/18/content_7488732.htm (accessed May 8, 2009). China Politics: Is China Less Risky Than the US? 2009. EIU ViewsWire, April 8. Proquest. http://www.proquest.com.dbgw.lis.curtin.edu.au/ (accessed May 2, 2009). China Food and Drink Report Q1 2009. 2009. www.researchandmarkets.com/feats/download_sample.asp?report_id=700013&file_name...file_ext=pdf (accessed April 29, 2009). China Gateway. 2006. Protecting Your Intellectual Property Rights (IPR) in China. http://www.mac.doc.gov/China/Docs/BusinessGuides/IntellectualPropertyRights.htm (accessed May 3, 2009). China’s Luxury Buying Power Emerging Trend. 2008. Shanghai Daily, November 2. http://www.shanghaidaily.com/sp/article/2008/200811/20081102/article_379164.htm (accessed May 8, 2009). China to Cut Business Tax. 2008. The Strait Times, December 9. Factiva. http://global.factiva.com/ (accessed May 3, 2009). Corporate Responsibility. 2009. http://www.kelloggcompany.com/corporateresponsibility.aspx (accessed April 25, 2009). Cruz, E.S. 2006. FRAMEWORK. Business World, September 19. Proquest. http://www.proquest.com.dbgw.lis.curtin.edu.au/ (accessed April 23, 2009). Currency Guide. 2002. http://www.onlinefx.co.uk/fx/Stores/OnlineFX/china.asp (accessed May 9, 2009). Czinkota, M. R., and I. A. Ronkainen. 1995. International Marketing 4th edition. Florida: The Dryden Press. Dahringer, L.D. and H. Muhlbacher. 1991. International Marketing: A Global Perspective. New York: Addison-Wesley Publishing Company Inc. Disposable Income of Urban Residents Up 11% in First Quarter of 2009. 2009. http://english.people.com.cn/90001/90778/90857/90862/6646145.html (accessed May 8, 2009). Ellis, S. and O. Gadiesh. 2006. Outsmarting China’s Start-Arounds. Far Eastern Economic Review, 169 (6): 5 – 9. Experts: Insurers Investment Return Up 41%, But Still Weak. 2009. China Daily, April 22. http://www.chinadaily.com.cn/bizchina/2009-04/22/content_7705543.htm (accessed May 9, 2009). Famous Amos Singapore. 2008. http://www.famous-amos.com.sg/onlinestore_hamper.php (accessed May 12, 2009). Fletcher, R., and L. Brown. 2005. International Marketing, an Asia-Pacific Perspective. NSW: Pearson Education Australia. Frost, R. 2002. Famous Amos: Making Dough. http://www.brandchannel.com/features_profile.asp?pr_id=81 (accessed April 21, 2009). FXHistory®: Historical Currency Exchange Rates. 2009. http://www.oanda.com/convert/fxhistory (accessed May 9, 2009). Hangzhou: 2008 GDP Per Capita Exceeds $10, 000. 2009. http://www.hangzhou.gov.cn/main/zpd/English/CityNews/T276086.html (accessed May 8, 2009). Hershey’s Cookies. n.d. http://www.hersheys.com/products/snacks.asp (accessed April 30. 2009). HKFYG. 2008. Partnership with HKFYG- Partnership with Youth. http://partnership.hkfyg.org.hk/eng/partners08_09.html (accessed April 25, 2009). HKTDC. 2006. Shanghai Releases Business Costs for the First Time. http://www.hktdc.com/info/mi/a/bacn/en/1X0086B7/1/Business-Alert-China/Shanghai-Releases-Business-Costs-For-The-First-Time.htm (accessed May 3, 2009). INDUSTRIAL & COMMERCIAL BANK OF CHINA RMB EXCHANGE SPOT RATES. 2009. http://www.icbc.com.cn/icbc/financial%20information/foreign%20exchange%20rates/rmb%20exchange%20spot%20rates/ (accessed May 9, 2009). International Workshop on Higher Education Reforms in Shanghai. 2008. http://chet.educ.ubc.ca/pdf_files/2009/HER%2008.summary.rev.pdf (accessed May 12, 2009). Jacobs, A. 2009. Internet Usage Rises in China. New York Times, January 14. ProQuest. http://www.proquest.com.dbgw.lis.curtin.edu.au/ (accessed May 3, 2009). Jargon, J. 2008. Kraft Reformulates Oreo, Scores in China. http://online.wsj.com/article/SB120958152962857053.html (accessed, May 3, 2009). Kellogg Company. 2008. 2008 Annual Report – What Makes Kellogg’s… http://annualreport2008.kelloggcompany.com/home.htm (accessed April 21, 2009). Kerin, R.A., S.W. Hartley, E.N. Berkowitz and W.Rudelius. 2006. Marketing, 8th ed. New York: McGraw-Hill Irwin. King, B. 2005. Property Seizure in China: A Beautiful Mistake. Whiskey and Gunpowder, July 22. http://whiskeyandgunpowder.com/property-seizure-in-china-a-beautiful-mistake/ (accessed May 2, 2009). Kotler P., Adam S., Brown L., Armstrong G., 2003, Principles of Marketing, 2nd Ed., Catherine Godfrey, Pearson Education Australia, China. Language of Shanghai. 2008. http://english.peopledaily.com.cn/90001/90782/92900/6456010.html (accessed April 30, 2009). Li, C. 2009. Shanghai Soon to be City of Geriatrics. China Daily, March 17. http://www.chinadaily.com.cn.china/2009-03/17/content_7586012.htm (accessed May 8, 2009). Li, D. 2008. The Weng 'an Model: China’s Fix-it Governance. http://www.opendemocracy.net/article/the-wengan-model-china-s-fix-it-governance (accessed May 2, 2009). Lynch, R. 2000. Corporate Strategy, 2nd ed. Hampshire: Pearson Education Limited. McNeal, J. U., and C. H. Yeh. 1996. Consumer Behaviour Patterns among Chinese Children. Asia Pacific Journal Of Marketing and Logistics: 8(1):3. Proquest. http://www.proquest.com.dbgw.lis.curtin.edu.au/ (accessed May 2, 2009). Melamine Contamination in China. 2009. http://www.fda.gov/oc/opacom/hottopics/melamine.html (accessed April 25, 2009). Our Company. 2009. http://www.kelloggcompany.com/company.aspx?id=32 (accessed April 21, 2009). Pace, N. 2006. China Surpasses U.S. in Internet Use. Forbes, March 31. http://www.forbes.com/2006/03/31/china-internet-usage-cx_nwp_0403china.html (accessed May 3, 2009). Paperny, A.M. 2008. China’s Wild West. Maclean’s, December 15. Proquest. http://www.proquest.com.dbgw.lis.curtin.edu.au/ (accessed May 2, 2009). People 's Daily. 2006. Some multinationals evade social responsibility in China. http://english.peopledaily.com.cn/200602/20/eng20060220_244280.html (accessed May 3, 2009). Population and Employment. 2008. http://www.shanghai.gov.cn/shanghai/node17256/node17435/index.html (accessed May 8, 2009).