Burger Fuel's Thailand Entry: Marketing Analysis and Strategy Plan
VerifiedAdded on  2023/01/18
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Report
AI Summary
This report examines Burger Fuel's strategy for entering the Thailand market. It begins with an overview of Burger Fuel's success in New Zealand, highlighting its gourmet burgers and use of fresh ingredients. The report then analyzes the Thailand market, considering factors such as government spending, monetary freedom, and health awareness among consumers. It emphasizes the importance of adapting to local culture, addressing labor policies, and incorporating corporate social responsibility. The report recommends a joint venture mode of entry and the use of social media for marketing. It also stresses the need for product innovation to cater to local tastes and gain a competitive edge. The analysis also covers the Chippery's plan for expanding to Thailand, considering the country's economic factors, tourism, and seafood resources. The report highlights the need to understand local regulations, social and cultural aspects, and competitive environments. The focus is on adapting the global marketing mix to fit local styles and ensuring social responsibility and ethical practices.
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