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Running head: INTERNATIONAL MARKETING International Marketing Name of the Student: Name of the University: Author’s Note:
1INTERNATIONAL MARKETING Executive Summary This report deals with the international expansion of an Australian fruit juice company, named The Daily Fruit Juice Company. The company has served the Australian market for the past 25 years and now aims towards international venture in order to explore new business opportunities, markets and increase the customer base thereby, sustaining in the competitive market. The company has decided to expand internationally in the UK due to the proactive nature of the government, stable and steady GDP along with unhealthy lifestyle and eating habits of the UK. The company has selected the children, the young adults and the adults as the target customers, as the rate of calorie based fast food intake is highest among this section of people. Moreover, due to the cheap nature, The Daily Fruit Juice Company has selected franchising as the market entry strategy in the UK.
2INTERNATIONAL MARKETING Table of Contents Introduction......................................................................................................................................3 The Daily Juice................................................................................................................................3 PESTLE analysis & justifying the selection of the UK...................................................................4 Target customers in the UK.............................................................................................................6 Product Positioning..........................................................................................................................7 Suitable market entry.......................................................................................................................8 Conclusion.......................................................................................................................................8 References......................................................................................................................................10
3INTERNATIONAL MARKETING Introduction International marketing is a good opportunity for the domestic business organizations, as this allows them to explore new markets in the host countries and increase the customer base. As the demand and expectations of the customers in the host country changes with time, the market becomessaturatedthereby,stallingthebusiness(Killing2012).Therefore,international expansion is the best option business organizations can avail for sustaining in the competitive market. This report highlights the international expansion of an Australian juice company of named The Daily Juice Company in the UK. The Daily Juice Company used to manufacture orange juice solely since their establishment. Additionally, the report also consists of the target customers, product positioning, and the suitable market entry strategy. The Daily Juice The Daily Juice is an Australian juice company that produced only orange juices when the company started. The company started in 1989 with only 12 people committed to a big vision. The vision of the company was to produce delicious orange juice that melts in the mouth of the customers. Since the establishment of the company, the orange juice of the company has been highly favored by the Australian customers. As the demand for the orange juice increased over the years in the Australian market, they introduced new fruit juices in their collection. The different types of juices produced by The Daily Company include Nourish Berry, Nourish Green and Nourish orange. The juices produced by the company come in the family pack as well as breakfast bottles. The Daily Juice Company has successfully served the Australian market for the
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