Question
International Marketing Evaluation & Strategy (100% Coursework) International Marketing Strategy (100% Coursework) You will be allocated a country and an SME by your seminar tutor.
International Marketing Evaluation & Strategy (100% Coursework)
International Marketing Strategy (100% Coursework)
You will be allocated a country and an SME by your seminar tutor. You then
required to conduct a business environment audit relevant to international expansion
to that country. You should conduct a PESTLE analysis for your allocated country,
describe and evaluate those aspects of the environment (political, legal, economic,
socio-cultural, technological, and environmental) in the potential global market that
are relevant to and, have implications for, developing a marketing strategy. The
purpose of this evaluation is to identify potential market opportunities for the
introduction of a new product/service. You will then be required to develop or select
the allocated company's product/service, with country of origin the UK, which you
would consider has potential for expansion into this country, based on your PESTLE.
You will then develop a global marketing strategy to that country, for your UK based
product/service. This will include (although not exclusively):
Justifying the opportunity in the country for the product/service you will
develop.
Provide an overview of the competitive landscape for the offering you are
developing in your allocated country.
Develop and design an outline international marketing strategy. You will need
to discuss the product and modifications (if any) to allow entry and market
establishment, pricing decisions, effective promotional efforts to establish
awareness and establish market presence, distribution choices and
brand/name along with suggesting the key challenges to global expansion for
the SME in this market.
(you can do it for a random company of any company)
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