International Marketing Shashank
International Marketing Shashank
International Marketing Shashank
CLASS- TYBMS
DIVISION – C
ROLL NO – 6865
EXAM – CE2
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ENVIRONMENTAL ANALYSIS
1. Political Environment: Political stability and government policies can have a significant
impact on OUR business. Evaluate the political environment in each country you plan
to expand to, and consider factors such as taxes, regulations, and laws related to
tobacco and organic products.
3. Social Environment: Social factors such as attitudes towards smoking and organic
products can impact the demand for OUR product. Consider the cultural and social
norms in each country and evaluate whether OUR product aligns with these values.
6. Legal Environment: The legal environment, including laws and regulations related to
tobacco products, can impact OUR business operations. Evaluate the legal
requirements in each country you plan to expand to and ensure compliance with local
laws and regulations.
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CUSTOMER PROFILING
3. Smokers Looking to Quit: Individuals who are trying to quit smoking or reduce their
nicotine intake may be interested in trying organic cigarettes as a healthier alternative.
They may appreciate that OUR product does not contain nicotine and may be
interested in using organic cigarettes as a way to wean off traditional cigarettes.
5. Conscious Consumers: Consumers who are conscious about the products they use and
their impact on society may be interested in OUR organic cigarette product. They may
appreciate that OUR product is organic and environmentally friendly, and may be
interested in supporting a business that prioritizes sustainability.
CULTURAL STUDY:
1. Values and Beliefs: Every culture has its own unique set of values and beliefs that
shape the way people think and act. Understanding the cultural values and beliefs in
each country can help you tailor OUR marketing and business strategies to align with
these values.
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3. Customs and Traditions: Customs and traditions are an integral part of culture, and
understanding these can help you avoid cultural misunderstandings and navigate
cultural norms. Consider customs and traditions related to smoking and tobacco use
in each country, as these may impact the demand for OUR organic cigarette product.
4. Social Norms: Social norms are the unwritten rules of behavior that shape the way
people interact in a given society. Understanding social norms related to smoking,
health, and organic products can help you tailor OUR marketing messages and
business practices to align with these norms.
5. Holidays and Festivals: Holidays and festivals are an important part of culture, and
understanding these can help you plan OUR marketing campaigns and promotions
accordingly. Consider whether there are any holidays or festivals related to health,
sustainability, or environmental awareness that you can leverage to promote OUR
organic cigarette product.
6. Art and Entertainment: Art and entertainment reflect the cultural values and tastes of
a society. Understanding local art and entertainment can help you create marketing
materials that resonate with OUR target customers.
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2. Licensing: Licensing involves granting another company in a foreign market the right
to use OUR brand name and produce OUR product in exchange for royalties or
licensing fees. This mode of entry allows you to enter a new market quickly and with
limited investment, as the licensee assumes responsibility for production and
distribution. Licensing can also provide a source of recurring revenue. However,
licensing may limit OUR control over OUR product and brand, and may be subject to
legal disputes or intellectual property infringement.
4. Joint Ventures: Joint ventures involve partnering with a local company in a foreign
market to establish a new business entity. This mode of entry allows you to leverage
the local partner's knowledge and resources, and can provide a means of overcoming
regulatory barriers or local market complexities. Joint ventures can also help establish
a strong brand presence and provide a source of recurring revenue. However, joint
ventures may require significant investment and may result in limited control over the
new business entity, as well as the risk of cultural and operational differences.
MEDIA MIX
1. Social Media: Social media platforms such as Facebook, Instagram, Twitter, and
LinkedIn provide a cost-effective way to reach a large audience and build a brand
presence. You can create organic posts, run paid ads, and use influencer marketing to
promote OUR product and engage with OUR audience.
2. Search Engine Marketing (SEM): SEM involves using paid search ads on platforms such
as Google and Bing to target potential customers searching for related keywords. This
can be an effective way to drive traffic to OUR website and generate leads.
3. Public Relations (PR): PR involves building relationships with media outlets and
influencers to gain coverage for OUR product. You can issue press releases, offer
expert commentary, and participate in interviews to increase awareness of OUR
product and build credibility.
4. Event Marketing: You can participate in relevant trade shows, exhibitions, and events
to showcase OUR product and engage with potential customers. This can be a great
way to generate leads and build brand awareness.
5. Outdoor Advertising: Outdoor advertising such as billboards, bus shelters, and transit
ads can be a great way to reach a large audience in a specific geographic area. This can
be particularly effective for promoting OUR product in urban areas.
7 P’S
Product: OUR product is organic cigarettes that do not contain nicotine. OUR product
positioning should focus on the health benefits of organic cigarettes and the absence of
harmful chemicals.
Price: The price of OUR organic cigarettes should be competitive with other cigarette products
in the market while reflecting the higher quality of organic ingredients. Consider offering
discounts or promotions to encourage trial.
Place: The place refers to the distribution channels through which OUR product is sold. You
can consider selling OUR organic cigarettes through online platforms or physical stores such
as health food stores or specialty tobacco shops.
Promotion: OUR promotion strategy should focus on educating consumers on the benefits of
organic cigarettes and the absence of harmful chemicals. Consider using social media,
influencer marketing, and content marketing to reach OUR target audience.
People: The people aspect refers to the personnel involved in producing, selling, and
promoting OUR product. It is important to have knowledgeable staff who can answer
questions and provide information about OUR product.
Process: The process refers to the production, distribution, and marketing processes involved
in delivering OUR product to the customer. It is important to ensure that OUR production
process maintains the quality of organic ingredients and that OUR distribution channels are
reliable.
Physical evidence: The physical evidence refers to the tangible elements of OUR product such
as packaging, labeling, and branding. OUR packaging should reflect the quality and organic
nature of OUR product while also being eye-catching and appealing to consumers.
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SWOT analysis:
Strengths:
OUR product is unique and offers health benefits over traditional cigarettes
Organic ingredients can attract health-conscious consumers
Potential for high profit margins due to the higher cost of organic ingredients
Weaknesses:
Threats: