...EXPORTING Exporting is one of several methods an international firm can use to penetrate into a foreign market. It is the function of international trade where goods and services alike are sold beyond national borders. There are two types of exporting: 1. Direct Exporting 2. Indirect Exporting Direct Exporting Direct exporting refers to the act of an international firm involving itself directly to the exporting process of foreign market research, distributing the product to the foreign market, establishing market contact and setting up pricing/promotional strategies among other marketing activities. Usually such a firm sets up an exporting department within its organization to perform these tasks. Advantages of this type of export are: 1. Unified Control: As the firm is performing all the exporting tasks; all the authority in regards to exporting is centered in one organization and is not subject to any external pressure such as international marketing intermediaries. 2. Cost and Profit Control: Owing to the fact that there is an export department situated in the organization managing the cost of exports and the profits obtained as a result is easily achieved, this way an organization can increase its efficiency in terms of how it runs its internal affairs. 3. Customer Identification: The international firm is in direct contact with the foreign market that is buying its products, this way it is easier for the firm to identify what its market requires be...
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...Exporting[edit] Exporting is the process of selling of goods and services produced in one country to other countries.[4] There are two types of exporting: direct and indirect. Direct Exports[edit] Direct exports represent the most basic mode of exporting made by a (holding) company, capitalizing on economies of scale in production concentrated in the home country and affording better control over distribution. Direct export works the best if the volumes are small. Large volumes of export may trigger protectionism. The main characteristic of direct exports entry model is that there are no intermediaries. Types[edit] Sales representatives Sales representatives represent foreign suppliers/manufacturers in their local markets for an established commission on sales. Provide support services to a manufacturer regarding local advertising, local sales presentations, customs clearance formalities, legal requirements. Manufacturers of highly technical services or products such as production machinery, benefit the most form sales representation. Importing distributors Importing distributors purchase product in their own right and resell it in their local markets to wholesalers, retailers, or both. Importing distributors are a good market entry strategy for products that are carried in inventory, such as toys, appliances, prepared food.[5] Advantages[edit] * Control over selection of foreign markets and choice of foreign representative companies * Good information feedback from target...
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...Contents Executive Summary 2 A-1 Trading Company 3 Global production of beans that our company export 4 Importing Countries 5 Exporting Countries 6 Production of Myanmar 6 Export of Myanmar 7 Vision of the A-1 Trading Company 7 Mission of the A-1 Trading Company 7 Cross-cultural business between Myanmar and India 8 Information about India 9 Absolute advantage of the company 10 Addressing international trade to expand our company 11 Attracting FDI to fund and expand our company 12 Taking advantage on International Opportunities 13 Benefits to consumers 13 Strategies 14 Corporate Strategy 14 Business Strategy 14 Distribution Channel 15 Markets and Segments 16 Customer Segmentation 17 Customer Value Proposition 17 Conclusion 19 Executive Summary The purpose of this assignment is to develop a business strategy for our company, A1 Company Limited. Our company export beans and pulses to India and planning to attract FDI on strategic assets of company to produce value added products made of bean. In this report includes business relationship between Myanmar and India, the advantages we currently have and opportunities for entering other international markets. Also, our marketing plan of targeting customer segments, our company value to customers and our plans to help our suppliers with sophisticated technologies which will be a great help in improving the quality of our products. Finally, our future plan for producing value added products...
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...The reason for your company to consider exporting is quite compelling; the following are few of the major advantages of exporting: Increased Sales and Profits. Selling goods and services to a market the company never had before boost sales and increases revenues. Additional foreign sales over the long term, once export development costs have been covered, increase overall profitability. Enhance Domestic Competitiveness. Most companies become competitive in the domestic market before they venture in the international arena. Being competitive in the domestic market helps companies to acquire some strategies that can help them in the international arena. Gain Global Market Shares. By going international companies will participate in the global market and gain a piece of their share from the huge international marketplace. Diversification. Selling to multiple markets allows companies to diversify their business and spread their risk. Companies will not be tied to the changes of the business cycle of domestic market or of one specific country. Lower Per Unit Costs. Capturing an additional foreign market will usually expand production to meet foreign demand. Increased production can often lower per unit costs and lead to greater use ofexisting capacities. Compensate for Seasonal Demands. Companies whose products or services are only used at certain seasons domestically may be able to sell their products or services in foreign markets during different seasons. Create...
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...Benefits of Exporting Goods By John F Black Ads by Google Export from China Made-in-China.com Wholesale Price from Manufacturers Join Us Today & Inquiry Directly! Export Agent Yiwu China www.Ejetgroup.com Sourcing,Translate,Buying,Inspect Warehouse, Ship, All Export Service Container Shipping Companies www.tgl.by Europe - Kazakhstan. Europe - Russia! Having a business is a difficult. You have to deal with a great deal of red tape while you are starting out. You spend all of your hard earned money on the business and you take on a small loan to get you started. Then, you worry constantly about making payments. You also need to address the problems with payroll, suppliers and customers. All the while, everyone thinks you are making out big while screwing everyone over when in fact you are working harder than anyone out there. It should be good to know that your hard work will soon pay off. You no longer need to scrounge the bottom of the barrel for a limited market full of cheapskates. There is an opportunity where you can sell your goods to a wider market and bring an untapped market to your business. You can do this with the magic of exporting. Exporting is a great way of growing your business because it opens up a multitude of opportunities for you and your business. The most obvious benefit is the additional income it provides. The more people you sell, then the higher income you would likely get. Aside from the added income there are other benefits to exporting your products...
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...TYPES OF EXPORTING SMEs Until mid-1990s, the reviewed companies in export marketing and per- formance studies were often divided into exporting and non-exporting, or to highly vs. limitedly exporting companies. The past 10 years witnessed an increasing interest toward firms which do not try first to grow and get strong market positions in their home countries and after that start foreign op- erations but rather are involved in foreign operations in their first years of operations or even straightaway start their foreign sales. These firms have been labeled quite differently in various studies: born globals (Knight & Cavusgil, 1996; Madsen & Servais, 1997; Aspelund & Moen, 2001), inter- national new ventures (INVs) (Oviatt & McDougall, 1994, 1995, 1997), global start-ups (Oviatt & McDougall, 1994), or high-technology start-ups (Jolly, Alahuhta, & Jeanet, 1992). More recently, the term born-again global firm has also been proposed, to describe long-established firms that used to focus on their domestic markets, but suddenly opt for rapid internation- alization (see e.g., Bell, McNaughton, & Young, 2001). The main driving forces for the existence of these new types of companies are (see Knight & Cavusgil, 1996; Madsen & Servais, 1997; Rialp, Rialp, & Knight, 2005): (1) the increasing role of niche markets, (2) the advances in process technology, (3) the advances in communication technology, (4) the inherent advances of small companies,...
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...Quiz Review Word Bank 1. Fair trade 2. Guanxi Connections usually referring to government contacts and influence. 3. ATC In 1994, as a result of the Uruguay Round of negotiations, GATT was absorbed into the WTO. The WTO also absorbed the MFA, which was replaced by the ATC. The purpose of the ATC was to phase out the MFA and its quota system over ten years. 4. Free trade a agreements (FTAs) 5. Intellectual property rights The WTO is not just about liberalizing trade. In some circumstances its rules support maintaining trade barriers, for example protecting intellectrual property rights, patents, trademarks, and copyrights, but it is difficult to protect them from unscrupulous business from other countries. 6. NTBs In recent years, however, the United States-as well as most countries world-wide, has established bilateral or multilateral free-trade agreements (FTAs) between two or more countries to eliminate tariff and non-tariff barriers affecting trade among themselves. 7. Portfolio Investment It is a non-controlling interest in a venture made in the form of either debt or equity. 8. SMEs It benefits from the tariff-eliminating provisions of free trade agreements, and should benefit from the significant tariff cuts required under the CAFTA-DR. The transparency obligations, particularly those contained in the customs chapters, are also very important to SMEs, which may not have the resources to navigate customs and regulatory...
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...Direct exporting means you export directly to a customer interested in buying your product. You are responsible for handling the market research, foreign distribution, logistics of shipment and for collecting payment. The advantages of this method are: Your potential profits are greater because you are eliminating intermediaries. You have a greater degree of control over all aspects of the transaction. You know who your customers are. Your customers know who you are. They feel more secure in doing business directly with you. Your business trips are much more efficient and effective because you can meet directly with the customer responsible for selling your product. You know whom to contact if something isn't working. Your customers provide faster and more direct feedback on your product and its performance in the marketplace. You get slightly better protection for your trademarks, patents and copyrights. You present yourself as fully committed and engaged in the export process. You develop a better understanding of the marketplace. As your business develops in the foreign market, you have greater flexibility to improve or redirect your marketing efforts. The disadvantages: It takes more time, energy and money than you may be able to afford. It requires more "people power" to cultivate a customer base. Servicing the business will demand more responsibility from every level of your organization. You are held accountable for whatever happens. There is no buffer...
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...Chanel Darmanin (54190 m) Management, Communication & Presentation Skills(MGT2051) Individual Assessment - Memo & Report Writing Ms. Claire Briffa Department Of Management 1/11/2011 China as The New Geographical Market To Export Melita Wines Executive Summary In this report focus is brought forward to the Chinese wine Market. A detailed analysis is done on the market, followed by the competition faced by imported products. Key locations in China for wine importation are named and the Chinese drinking habits are analyzed. The Chinese and Maltese relations are studied. And Cisk is taken as a case study as a success story of a Maltese company that is exporting beer to China and is seeing profits. Lastly, the recommendations and way forward are said as a conclusion. Table of Contents Contents Page Title Page 1 Executive Summary 2 Table of Contents 3 Chinese wine industry 4-5 Competition and Pricing 6 Key locations 7 Drinking habits 8 China- Malta relations 9 Case study 10 Recommendations 11 Bibliography 12 * Brief History of the Chinese Wine Industry While there have been commercial wineries in China since the end of the 19th Century, production has only evolved into a serious industry in the past two decades. There are now an estimated 450 wineries, although the largest four hold...
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...Company Analysis Agricultural Cooperatives Union is a company with many years of experience and presence in the production and export of local products such as olive oil, citrus fruits, and a special variety of currants named Vostizza currants (P.D.O). The cooperative Union was founded in 1935 and the active members (which are also the growers) of the company are estimated to be 6000. According to Organization of inspection and certification of organic products (2011) the company is certified for its organic products. The estimated organic production of the Vostizza currants for the year 2009-2010 was about 600.000 kg . Yet, the company has been certified with ISO9001:2000, HACCP and BRC. The laboratory of the company which is used for testing and controlling the quality of the products has been certified with ELOT-EN-ISO/IEC 17025:2005. The company has new and modern installations that are situated in Aeghio/Peloponese, 3 kilometers from the national highway and 166 kilometers from the port of Piraeus. The premises have been built according to the highest and strictest technological standards which guaranty the supplied quality and safety of the products that the company handles. Product Analysis Greek black dried grapes of the Black Corinth variety, also known as currants, are one of the products with the largest demand in world markets today. Raisins are distinguished between currants and sultana raisins which are widely produced in countries like USA, Turkey, Iran...
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...PENGEKSPORAN, PENGIMPORAN, DAN IMBAL DAGANG DISUSUN OLEH: Mutia Putri Ayu R. 135020200111019 Karlina Siti F. 135020200111071 Rista Amalia J. 135020207111010 Anggie Rena S. 135020207111012 Anindya Kusuma M. 135020207111016 Pangraetha Meydhawani A. 135020207111024 Jurusan Manajemen Fakultas Ekonomi dan Bisnis Universitas Brawijaya 2015 I. PENDAHULUAN Meskipun kita menerima begitu saja bahwa banyak bisnis besar mengekspor atau memproduksi di luar negeri, beberapa usaha kecil juga melakukan hal serupa dengan manfaat yang besar. Volume kegiatan ekspor dalam perekonomian dunia meningkat karena ekspor menjadi lebih mudah. Pada saat yang sama, komunikasi modern dan teknologi transportasi yang semakin canggih telah meringankan masalah logistik yang terkait dengan pengeksporan. Di sisi lain, pengeksporan tetap menjadi tantangan bagi banyak perusahaan. Perusahaan yang ingin mengekspor harus mengidentifikasi peluang pasar asing, menghindari sejumlah masalah tak terduga yang sering dikaitkan dengan melakukan bisnis di pasar asing, membiasakan diri dengan mekanisme pembiayaan ekspor dan impor, dimana bisa mendapatkan pembiayaan dan asuransi kredit ekspor, dan belajar bagaimana harus berurusan dengan risiko nilai tukar. Mengatur pembayaran untuk ekspor ke negara – negara dengan mata uang yang lemah dapat menjadi masalah. Hal ini membawa kita ke topik perdagangan, dimana pembayaran untuk ekspor diterima dalam barang dan jasa sebagai pengganti uang. ...
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...Companies involved in International Business in Bangladesh No | Name of Companies | Products | 1. | BEXIMCO Group | Textile, Ceramics, Pharmaceuticals | 2. | Saimon Group | Aviation, Building and Construction, Power and Energy | 3. | ACI Group | Pharmaceuticals, Agribusiness, Consumer products | 4. | Paradise Group | Cable , electronics, readymade garments | 5. | Navana Group | Automobile, Food, Telecommunications, Chemicals | 6. | Sunman Group | Readymade garments | 7. | KDS Group | Textile, Readymade garments | 8. | Otobi | Furniture | 9. | Ha-meem Group | Textile, Garments | 10. | Ananda Shipyards and Slipways | Shipbuilding | 11. | Pride Group | Textile | 12. | Walton Hi-Tech Industries Limited | Automobile, Electronics | 13. | Transcom Group | Food and Beverage, Pharmaceuticals, Electronics | 14. | Rangs Group | Automobile, Electronics, Shipping | 15. | Rahimafrooz | Automotive, Batteries | No | Name of Companies | Products | 16. | PRAN-RFL Group | Food and Beverage, Plastic, PVC, Cast iron | 17. | Akij Group | Textile, Tobacco, Cement, Ceramic, Jute, Pharma | 18. | Abul Khair Group | Steel, Cosumer goods, cement, Tobacco | 19. | A K Khan & Company | Textile, Telecommunication, ICT | 20. | Aarong | Apparels, accessories | 21. | Concord Group | Construction, Communication, Garment | 22. | Confidence Group | Construction, Engineering...
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...n DAI HQC NGOAI THISONG KHOA QUAN TR! KINH DOANH CHUM N NGANH QUAN TR! KINH DOANH QUOC TE --tanks KHOA LUAN TOT NGHIEP De tith RAD CAN MIXING MAI CU-A LIEN MINH CHAU AU DOI Vat HANG THUY SAN NH .AP KHAU Tif VICT NAM. NHITNG VAN DE HAT` RA VA Gal PHAP Sinh Wen thrc hien Lop Khan : Ta Thi Huang Giang Anh 3 : 46 Gilt) vies: hating din : GS.TS.NGND Nguyen Thi Mor Hi MN, thing 5 nam 2011 MUC LUC LEI MO DAU 1 CHOING 1. NHUNG VAN DE CHUNG VE RAO CAN THVONG MAI TRONG THVONG MAI QUOC TE VA NHU'NG TAC BONG CUA RAO CAN THVONG MAI DEN VIEC XUAT KHAU HANG HOA 1.1. Tong quan ye rao can thtromg mai trong thulyng mai qu6c to 1.1.1. Khai niem ye rao can thuang mai trong thucmg mai qu6c to 1.1.2. Muc dich ban hanh rao can thuang mai trong thuang mai quo'c to 1.1.3. Phan loci rao can thuang mai trong thuang mai qu6c t6 4 4 4 6 11 20 20 22 1.2. Nhiing tic &Ong ctia rao can thtrang mai den hoat Ong xuAt khiu hang hOa cua doanh nghiep xuAt kh'iu 1.2.1. Nhiing tac dOng tich cgc cna rap can thuang mai 1.2.2. Nhung tac dOng tieu cgc cua rao can thuang mai CHVONG 2. CAC RAO CAN THIXONG MAI CUA LIEN MINH CHAU AU DOI V6I HANG TWA SAN NHAP KHAU Tip VIET NAM VA CAC VAN DE HAT RA 2.1. Gioi thieu tong quan ye Lien minh Chau Au 2.1.1. NTe dat nuac, con nguari, dia ly 2.1.2. Ve kinh to - thuang mai 2.1.3. Ve nhu cau cna EU d6i voi nhap khau hang thuy san 28 28 28 32 37 2.2. Cac rao can thtrang mai ciia Lien minh Chau Au d61 vol hang thily...
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...Exporting Oregon Wines to SE Asia With the increasing popularity of Oregon wines, especially its Pinot Noir, state wineries are looking abroad to new markets to expand their reach and increase sales. One of those new emerging markets is Southeast Asia, which consists of Vietnam, Thailand, Singapore, the Philippines, Indonesia, and Malaysia. For the purpose of this paper I have left out Laos, Burma, and Cambodia because of import restrictions and poor demand for imported wines. In 2010, Oregon saw an increase in the number of wine cases exported to 59,537 from 35,664 in 2009. As the fourth largest wine producing state, Oregon is still far behind California, the largest US exporter of wines at 90%. Still the emergence of New World wines, like those in Oregon, continues to increase around the world, and SE Asia is a new and expanding market that has taken a liking to these wines, especially among the affluent. Based on research, this paper will break down by country the perceptions, sociocultural acceptance, competition, taxation and restrictions, distribution channels, and marketing strategies that could be used to introduce Oregon wines. Vietnam In Vietnam, wine is beginning to make inroads with the local peoples in a country where beer and spirits have been the mainstay since the Vietnam War. It saw an increase in US wine imports of 234% between 2010 and 2011 accounting for over $18 million in sales. Most of the wine consumed in the country is by foreigners...
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...5a. China - Peoples Republic of Dairy and Products Annual 2010 5b. Chinese consumers haven’t fully recovered from the melamine crisis and they have a superior safety image over imported milk powder. According to the report, the China’s import of milk powder will increase significantly in 2011 and responsible for most of the growth for Chinese milk powder consumption. The import of whole milk powder in 2011 is estimated to top 400,000 metric tons and the import of nonfat milk powder is estimated to 100,000 metric tons. After the melamine crisis, Chinese consumers are threat of contaminated milk powder and there is a strong preference of imported milk powder. Due to the threat of Chinese consumers to buy Chinese made milk powder, there is a strong demand of import milk powder in China. Thus, US made milk powder is a good product to be exported to China. FAS Site http://gain.fas.usda.gov/Recent%20GAIN%20Publications/Dairy%20and%20Products%20Annual_Beijing_China%20-%20Peoples%20Republic%20of_10-22-2010.pdf China - Peoples Republic of Dairy and Products Annual 2010 Prepared By: Michael Woolsey, Jianping Zhang, Susan Zhang Date of report: 10/22/2010 Accessed: 4/7/2012 6a. Parent's Choice - Gentle Milk-Based Powder Infant Formula 6b. Name of the producer: PBM Products, LLC Address: 204 N. Main St. Gordonsville, VA 22942 Phone: (540) 832-3282 6c. Item Description Parent's Choice Gentle Milk-Based Infant Formula with Iron features one fourth of the lactose of...
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