This report discusses the marketing and sales operations of Eagle Eye Solution company in the United Kingdom. It focuses on the case study of the company's expansion into the information technology market of Pakistan. The report covers topics such as PESTEL analysis, competitive landscape, and international marketing strategy.
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Table of Contents INTRODUCTION.....................................................................................................................................3 MAIN BODY............................................................................................................................................3 International marketing evaluation and strategy..............................................................................3 Justifying opportunity in the chosen market.....................................................................................8 Competitors landscape......................................................................................................................9 International marketing strategy.......................................................................................................9 CONCLSUION.......................................................................................................................................10 REFERENCES.........................................................................................................................................11
·INTRODUCTION Marketing is defined as promoting company’s products at various promotion and communication channel. This report is based on the case study of the Eagle EyeSolutioncompanyinrespecttoitsmarketingandsalesoperations.The organisation is operatingits operationin UnitedKingdom.Company has been engaged operating its business operations in the information technology sector. This report would guided about the different practices undertaken by the organisation in respect to its digital promotions and sales. Henceforth, report will project the precise PESTEL Analysis in respect to the business expansion process of the company. This project would also guide about the evaluation about the possible opportunities newlocationcancatertotheorganisation.Competitivelandscapeforthe organisation at the new locationof business will also evaluatein this project. Furthermore, project would develop the marketing strategy in context to the chosen organisation. ·MAIN BODY ·International marketing evaluation and strategy Marketing at the international level if denoted as the international marketing. Eagle Eye Solution Company is aiming to expand its business in Pakistan. Company is aiming to take competitive advantage in the information technology market of Pakistan. PESTEL Analysis Businessenvironmentissumofdifferentexternalandinternalfactors influence the business operations of organisation. In order to evaluate different external factors influence the business operations of company associated with the PESTEL Analysis can be summarises in the following manner. PESTEL Analysis tool comprises with different external factors such as political, economic, social, technological, economical and legal factors influence the business operations of Eagle Eye Solution Company. Political factor:Political factor is about the political situation of the country in which organisation is looking to expand its business. Political environment in Pakistan has
become very progressive in nature post the governance of Imran Khan in Pakistan. The government could create the positive political situation in the Pakistan which has supported the government to enhance the growth of the Pakistan. As a leader Imran Khan always look positive which has given a strong impression to all the business holders to initiate the business operations in the Pakistan (Abdullahi and Zainol, 2016). The support government is providing to the corporate sector in form of availability of easy licensing policy to the companies, support system in form of subsidy and many other program of Pakistan government such as skill development to empower the youth of Pakistan and different other policies has created a strong political culture in Pakistan. Eagle Eye Solution Company is aiming to take the competitive advantage by expanding its business in Pakistan as it would allow company to give tough competition to the information technology market n Asia region.Pakistanlookfarbehindintheinformationtechnologysectorwhenit compare with other countries like India, China and different other countries in the Asia and if any company work in information technology sector would come to Pakistan to invest in the sector it would be a huge support from the government of Pakistan to boost the growth of the respective business so that more companies belong to the information technology sector can come and entertain the business growth available in the Pakistan. Political stability is another key aspect associated with the political factor. In Pakistan government rule by Imran Khan has been in a strong position to hold the government for its total tenure of five years. This has given a huge support to the Eagle Eye Solution Company to come and expand its business in Pakistan. Stable government position allows the government to sustain policiesofgovernmentforthelongtimeandifnotanyurgentrequirement government found they do not interfere in the policies if it is not needed to improve or change the policy. Sustainable policies of the government play the progressive role and guide the organisation to develop the long run policies that can boost the growth of the company. EconomicFactor:Economicpolicyisanotherbusinessenvironmentfactor influence the business operations of the company. Pakistan is one of the key emerging economics part of the Asia. Country is growing rapidly especially post the governance hold by the Imran Khan as a Prime Minister of Pakistan. Economic factor denote that the economy of Pakistan allow the Eagle Eye Solution Company
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to expand the business in Pakistan. Especially the information technology sector of Pakistan remains untouched completely. Company get to explore the entire sector byjustenteringintotheinformationtechnologymarketofPakistan.Economic position is a key criterion whenever government look to expand business in any of themarketatinternationallevel(AithalandAithal,2016).Astheeconomic environmentisfavourablegrossdomesticproductofPakistanhasemerged drastically which has allowed the Eagle Eye Solution Company to take competitive advantage by entering into the information technology sector of Pakistan. Per capita income of people in Pakistan has also improved in recent time which has improved the income and buying capacity of the people based in Pakistan. This is another positiveeconomicaspectthatsupportedtheEagleEyeSolutionCompanyto expand its business in the information technology market of Pakistan. Economic factor also involve the inflation in the economy. Inflation play the devil role in the overall economic growth of the country. As the Pakistan always contain the poor economic growth which has lead raised to the information in the economy. This has restricted the buying capacity of the peoples based in Pakistan. Eagle Eye Solution Company should give emphasis over this direction where company needed to hold its pricing in the certain direction that can support the organisation to enhance the growth in the market. As the Eagle Eye Solution Company needed to compete with other countries like India and China where the economic situation is way more stronger than Pakistan company should make the proper policies and strategies to enhance the growth in against to the business expansion practice of company. Social Factor:Social factor is another crucial external business environment factor influences the business operations of the Eagle Eye Solution Company. Social factor comprises with the social aspect such as culture, tradition and different other social element. The corporate culture of the Eagle Eye Solution Company is suitable for the Pakistan culture as company contain and likes to work in friendly culture which can find positive in the Pakistan culture. Education is another crucial social factor that influences the business growth of the company. In order to have a successful business in any market it is important for the company to hold the skilled work force. Education in Pakistan is still emerging and not enough colleges Pakistan hold that can serve the best potential talent of employees and technical human resourcestotheorganisation.Technicalknowledgeofthegraduatesand
professionals passed out form the different universities of Pakistan would play a dominating role for the Eagle Eye Solution Company to enhance and sustain its growth rate effectively (Bah, Gauthier and Qi, 2016). In other markets like India, China and Japan the skill human resources and technical knowledge of the young graduates and professionals has supported the government and companies in such market to generate the profitable business operations in such market. Especially in case of information technology sector the entire sector is solely based on the technicality and creative mindset of the young professionals to serve in the sector. This will be a key challenge for the Eagle Eye Solution Company to find the best possible talent in the Pakistan to enhance and boost the growth rate of the company in the respective market. Technological Factor:Technological factor is another crucial external business environment factor influences the business operations of the Eagle Eye Solution Company. Technological development and improvement play the supportive role for the Eagle Eye Solution Company in achieving the growth in the new information technology market of Pakistan. The critical evaluation of the Pakistan information technologysectorshowsthatthecountrydoesnotcaterthebestpossible environment in context to the information technology sector. The contribution of the Pakistan as a country in the international information technology market is very log as compare to other countries like India, China and Japan who are also developing countriesbutcontributemassivelyintheinformationtechnologysectoratan international level. Government has recently identified the need and requirement of theinformationtechnologyandhasidentifiedthatthesectorcanexpandthe country’s progress at all different level (Dorlach, 2020). This awareness of the Imran Khan government has guided the country towards delivering the best possible environment to the companies like Eagle Eye Solution Company to come and entertainbestpossiblegrowthopportunitiesinthemarket.Technological development of the country would support the Eagle Eye Solution Company in enhancing the effective growth oriented opportunities in the information technology sector at the international level. Company will get access of all latest technical equipments and machineries that can support the company in generating the best outcomes for the growth and overall development of company in Pakistan. At the initialitwouldbedifficultfortheEagleEyeSolutionCompanytogenerate
profitability out of the entire set up but once the company get the work in flw it can make heavy returns out of the business expansion process. EnvironmentFactor:Environmentfactorisanotherkeyexternalbusiness environment factor that will influence the business operations of the Eagle Eye SolutionCompanyintheinformationtechnologymarketofPakistan.The government in Pakistan has been very much active in corporate social responsibility operations as government truly believes that companies must give back to the society which has given everything to the company in order to achieve all different objectives of the business. Eagle Eye Solution Company has been very active in conducting operations under the corporate social responsibility operations which would give a huge competitive advantage to the company by actively operating the same operations in Pakistan. This would support the organisation to earn the trust of the people and government of Pakistan even at the initial stage of the business life cycle (Fu and et.al., 2016). This aspect of the Eagle Eye Solution Company could support the company in taking competitive advantage in the information technology market of Pakistan by channelizing the strong brand value of company in the respective market. This would allow company to convince the people of Pakistan to buy the products offer by company over the local brands of Pakistan. This is a crucial factor associated with the external business environment which will be a positive tool for the Eagle Eye Solution Company to expand business profitability in the information technology sector of Pakistan. Legal Factor:Legal factor denote all different legal regulations and policies of the government of Pakistan associated with the corporate sector. Eagle Eye Solution Companyneedsto dealpositively withalldifferentlaws andlegalregulations entertained over the company in against the business operations in the respective company. Different laws like licensing law, taxation law, company act and many other laws like equality act, anti discrimination act, minimum wage payment act and several other legal regulations that needed to cope up by the Eagle Eye Solution Company in order to channelize business operations in Pakistan (LI and ZHANG, 2018). Legal regulations and laws are the mandatory requirements which in any case needed to fulfil by the company in against the channelize business operations in the respective market.
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The above mentioned points projects all the potential and key external factor associated with the business environment. All policies Eagle Eye Solution Company would frame will depict the different factor associated with the business environment (Xuesong,2018).All thesefactorsdemonstratedifferentareasoftheexternal businessenvironmentthatwouldsupportthecompanyinachievingthebest possible opportunities to entertain growth in the market. Business expansion is a critical decision which needed to make by company but the organisation must analysis all these different aspects of the business environment before taking any decision in respect to business expansion in Pakistan. Objectives Objectives of this project is to form the evaluation in respect to expanding busines operations at a globalised level. New market is assessed and analysed so that overall business objectices can meet. What are the key grpwth opportunities available in the new market is analysed and identiofied with the support of this report. Profitable techniques of operations and promotions is also evaluated in this report. l壱Justifying opportunity in the chosen market Eagle Eye Solution Company is aiming to expand its business in Pakistan. Following are the points favour the company in order to expand business in the information technology market of Pakistan. Unexplored market:The information technology sector of Pakistan is immensely unexplored even at the current business environment situation where the sector is among the key emerging sector of the business environment at the international level. The entire sector remain unexplored in Pakistan that has given a huge growth opportunity to the Eagle Eye Solution Company to expand business in such a market (Lisowska, 2016). The competition is low in the market that allows company to easily sustain the business and it is also possible for the company to generate revenueinprofitablemannerevenattheinitialstageofthebusinessinthe respective market. The unexplored nature of the market has supported the company in achieving the best level of growth opportunity as a new emerging company in the market.
Limitedcompetition:TheinformationtechnologysectorofthePakistanin unexplored which has allowed the sector to serve the limited amount of competition to the companies operating in the respective market (Mawejje and Okumu, 2016). Limited competition is a positive aspect for the Eagle Eye Solution Company to enhance the growth in the market. Company will entertain competition from the local companiesofPakistanwhicharenotcarrymchexperienceandpotentialas compare to the Eagle Eye Solution Company. Increasingpurchasingpowerofcustomers:Theeconomicgrowthofthe Pakistan has support the government to increase the overall income of the people based in Pakistan. This has also improved the buying capacity of the customers based in Pakistan (Syazali and et.al., 2019). This is another crucial factor that would support the Eagle Eye Solution Company in attracting growth opportunities in the information technology market of Pakistan.The recent figure denote the per capita income of people in Pakistan is 1130 USD. This is consistantly increasing every year which further strengthened the overall market presence of companies. The above mentioned aspects about the Pakistan would allow the Eagle Eye SolutionCompanytoachievethebestlevelofgrowthopportunitiesinthe information technology market of Pakistan. l壱Competitors landscape The competitive landscape denotes the competitive environment of Pakistan in context to its information technology sector of the country. Eagle Eye Solution Company is one of the emerging small scale enterprises based in United Kingdom associated with the information technology sector. The emergence of company has turned out to be the strong brand image of company in the respective market (Müller and Hoppstadius, 2017). Company will receive heavy market competition from both regional and internal companies operate business in Pakistan associated with the information technology sector. Company would attract competition from companies likeGoogle,Microsoftanddifferentothers.Thesearetheinternationaland multinationalcompaniescontainbigbrandvalueintheinformationtechnology sector at a global level. All these factors play an effective role for the sector to entertainmassivelevelofmarketcompetitionagainstthebusinessoperations entertainedbythecompany.GrowthrateinPakistandenotedas20.75%of
information technology sector. This further indicate the massive presence of all multinational companies in the market. l壱Entry mode In order to expand business in the international market company vcan form strategic alliance with other companies. It can invets money with new organsiations work at local level in form of partnership business. Company can also takeover already existing company operate business in same sector. l壱International marketing strategy Marketing mix Marketing mix is a strategic tool that involve different elements like product, price, place, promotion like elements. Product:Company will offer different technological solutions and other information technology related products. Product line of company is well diversified which will allow the customers to conviniently fulfill all technical need and requirements. Price:Company will use competitive pricing practice. This will allow company to sale its products over prices reflect competitiveness of the company. This price range will favor the company to easily attract the potential customers in the market. Place:Company will sale its products accross the Pakistan. This will allow the organisation to engaged with the customer range available across the country. Promotion:Companywillusepromotionchannelslikesocilamedia,digital platforms and such platforms. Company will utilise both tradiitonal and modern platforms of marketing and promotions. The above mentioned points denote different elements associated with the marketing mix that will involve in forming different business strategies. Eagle Eye Solution Company is planning to expand its business in Pakistan. Company is aiming to expand the business in the new market. Currently company is operating its business in the information technology market of United Kingdom and this would allow company to expand its business at international level. Company can followthesocialmediamarket,digitalmarketingandothertraditionalmarket strategies to support the growth of the company in the market. Company will also
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conduct the market establishment strategy in the Pakistan market (Pathak, 2018). Product modification strategy would also implement by company in the market. All these strategies would support the organisation to achieve the brand value in the Pakistanmarket.Thetrustinthepotentialcustomersaboutthebrandisan importantfactorthatinfluencesthegrowthanddevelopmentofthebusiness operationsofcompany’sespeciallyincontexttothebusinessexpansionand entertains growth in the new market at the initial level. Alltheaboveexplanationsgiveninthisreporthavesupportedthe organisation to get the complete brief about the different aspects associated with the business expansion in Pakistan. The information technology sector of Pakistan is untouched and carries a huge potential to entertain growth in the new market (Sharma and Singhal, 2016). As the sector offer the limited amount of market competition which is a key positive indicator for the Eagle Eye Solution Company to expand its business in the information technology market of Pakistan. The PESTEL Analysis conducted above justifies the decision of organisation in respect to expand business in Pakistan. The market of Pakistan offer some crucial and strategic advantagestotheEagleEyeSolutionCompanyalongwithsomemassive challenges that needed to dealt by company in order to achieve the best level of growth opportunities in the information technology sector of Pakistan. STP STPdenotedassegmentation,targetingandpositioningpracticesof company. Following are the point justify the STP Techniques at precise level. Segmentation Company will use demograpohic segmentation process. This is favourable especially in context to Pakistan. Demographic will allow the business organsiation to cover up all aspects of the segmentation techniques such as income, need, requirements associsated with the customers. Targeting Company will target to all income background people irrespective of the specific economic background. Targeting will fcous over young people especially the age group between 18 to 35 years of age. These are the generatrion that especially take interest in product offer by company.
Positioning Company will position its product with the support of socila media, digital mediums, holding and many such different ways. Positioning will allow the company to easily acheive the business objectives even in new market. ·CONCLSUION The above mentioned project summarised different aspects related to the businessexpansionapproachesusedbythecompany.PESTELAnalysis summarisesvariousfactorsofexternalbusinessenvironmentsuchaspolitical factor, economic, social, technological, environment and legal factors influences the businessoperationsoforganisation.Alongwiththeseaspectsdifferentother aspectslikeEagleEyeSolutionCompanywilladdressthelimitedamongof competition in the information technology sector of Pakistan this is a key strategic advantage associated with the business expansion decision in Pakistan. Company would get to address competition with international and well established brands like Google, Microsoft and different others along with the local companies of Pakistan. Overall company carry a strong potential to entertain the competitive advantages in the market of Pakistan.
·REFERENCES Books and Journals Abdullahi, A. I. and Zainol, F. A., 2016. The impact of socio-cultural business environmentonentrepreneurialintention:Aconceptual approach.InternationalJournalofAcademicResearchinBusinessand Social Sciences.6(2). pp.80-94. Aithal,P.S.andAithal,S.,2016.Nanotechnologicalinnovations&business environment for Indian automobile sector: a futuristic approach.International JournalofScientificResearchandModernEducation(IJSRME).1(1). pp.296-30. Bah, M., Gauthier, A.K. and Qi, W., 2016.Strategy for Pharma Business Expansion in Sub-Saharan Africa: A Case Study for Kenya(Doctoral dissertation). Dorlach, T., 2020. Business interests, conservative economists, and the expansion ofnoncontributorypensionsinLatinAmerica.Politics&Society, p.0032329220952269. Fu, J. and et.al., 2016, April. A Smart Document Review System for Business ExpansionProjectinElectricPowerMarketing.In2016International ConferenceonNetworkandInformationSystemsforComputers (ICNISC)(pp. 365-368). IEEE. LI, S. and ZHANG, R., 2018. A Research on Ordering of Cross-selling Products based on Business Expansion.Industrial Engineering Journal.21(2). p.19.
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Lisowska, R., 2016. The potential of business environment institutions and the supportforthedevelopmentofsmallandmedium-sized enterprises.Entrepreneurial Business and Economics Review.4(3). pp.85- 101. Mawejje, J. and Okumu, I. M., 2016. Tax evasion and the business environment in Uganda.South African Journal of Economics.84(3). pp.440-460. Müller,D.K.andHoppstadius,F.,2017.Samitourismatthecrossroads: Globalizationasachallengeforbusiness,environmentandculturein Swedish Sápmi.Tourism and indigeneity in the Arctic. pp.71-86. Pathak,H.,2018.Aperspectiveonjointventure:aninternationalbusiness expansionstrategyandlegalimplicationswithspecificreferenceto India.Tribuna Juridică.8(15). pp.130-137. Sharma, P. and Singhal, S., 2016. A review on implementation of meta-heuristic approachesforlayoutproblemsindynamicbusiness environment.International Journal of Multivariate Data Analysis.1(1). pp.6- 27. Syazali,M.andet.al.,2019.Partialcorrelationanalysisusingmultiplelinear regression: Impact on business environment of digital marketing interest in theeraofindustrialrevolution4.0.ManagementScienceLetters.9(11). pp.1875-1886. Xuesong, L., 2018. It’s vital to improve business environment.China daily,9.