International Marketing Strategy for Kickerco: A Level 7 Report
VerifiedAdded on 2023/05/30
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Report
AI Summary
This report provides a comprehensive analysis of an international marketing strategy for Kickerco, a company expanding its trade globally. It assesses market research requirements, justifies the business case for international marketing, and evaluates potential risks like country, statutory, political, pricing, financial, exchange rate, and interest rate risks. The report emphasizes conducting thorough research on market penetration rates, consumer preferences, and competitor analysis, along with cultural and demographic considerations. Various market entry methods such as direct exporting, franchising, licensing, joint ventures, partnerships, and acquisitions are explored. Operational considerations including mode of entry, budget, and environmental factors like political stability, economic conditions, social and cultural practices, and technological and regulatory environments are discussed. The importance of 'Glocalization' in marketing communication, integrating local culture and practices, is highlighted, along with key legal and statutory requirements like company laws, employment laws, and intellectual property laws. The report concludes with insights from Apple Inc.'s international marketing strategy, emphasizing brand consistency, effective use of local resources, and customized content.
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