SlideShare a Scribd company logo
1 of 16
What factors
should a company
review before
deciding to go
abroad?
Deciding Whether to Go Abroad
Most Companies prefer to remain domestic if their domestic
market were large enough.
Managers would not need to learn other languages and laws,
deal with volatile currencies, and face legal and political
uncertainties.
Business would be easier and safer
Yet several factors can draw companies into international
arena :
Some International markets present
better profit opportunities
The Company needs a large customer base to
achieve economies of scale.
How Many Markets to Enter
• The Company must decide how many countries to enter and
how fast to expand
• Companies’ entry strategy typically follows one of two
possible approaches :
Deciding How To Enter The Market
Deciding on the marketing program :
Marketing Adaptation
Global Similarities and Differences
Brand Element Adaptation
Global Communication Strategy
Global Pricing Strategy
Global Distribution Strategy
Deciding on the marketing Organization
Depending on their level of international involvement, companies
manage international marketing activity in three ways :
Through export departments
International Divisions
Global Organization
CREDITS :
www.fastcompany.com
www.marketing-schools.org
www.globalemclabs.com
travel.wikinut.com
www.market.com
www.mediadefine.com
www.2mba.in
blog.bootsability.com
nocostl.com
www.indiamart.com
marketingtochina.com
www.slideshare.net
Bangalore.click.in
What factors should a company review before deciding to go abroad

More Related Content

What's hot

International Market entry strategies: Agency Model
International Market entry strategies: Agency ModelInternational Market entry strategies: Agency Model
International Market entry strategies: Agency ModelPrakaash Govindasamy
 
Foreign market entry strategies
Foreign market entry strategiesForeign market entry strategies
Foreign market entry strategiesSoumendra Roy
 
Export Import Strategies Executive Summary
Export Import Strategies Executive SummaryExport Import Strategies Executive Summary
Export Import Strategies Executive SummaryFabio Felix
 
Market entry strategies
Market entry strategiesMarket entry strategies
Market entry strategiesVineet Sansare
 
CHAPTER 10 Export Modes
CHAPTER 10 Export ModesCHAPTER 10 Export Modes
CHAPTER 10 Export ModesHadi Pranoto
 
Global Marketing Strategies.
Global Marketing Strategies.Global Marketing Strategies.
Global Marketing Strategies.shilpago
 
Market entry strategies by Alina Sachapow and Gloria Armesto
Market entry strategies by Alina Sachapow and Gloria ArmestoMarket entry strategies by Alina Sachapow and Gloria Armesto
Market entry strategies by Alina Sachapow and Gloria ArmestoAlina_90
 
eCommerce Market Entry Strategies to Successfully Launch your eCommerce Busin...
eCommerce Market Entry Strategies to Successfully Launch your eCommerce Busin...eCommerce Market Entry Strategies to Successfully Launch your eCommerce Busin...
eCommerce Market Entry Strategies to Successfully Launch your eCommerce Busin...dmg events Asia
 
Foreign Entry Business Considerations
Foreign Entry Business ConsiderationsForeign Entry Business Considerations
Foreign Entry Business ConsiderationsArun Kottolli
 
Mba 1 mm-1 u-4.3 international market entry strategies
Mba 1 mm-1 u-4.3 international market entry strategiesMba 1 mm-1 u-4.3 international market entry strategies
Mba 1 mm-1 u-4.3 international market entry strategiesRai University
 
Entering the CIS market for export
Entering the CIS market for exportEntering the CIS market for export
Entering the CIS market for exportKaveh Yazdifard
 

What's hot (16)

International Market entry strategies: Agency Model
International Market entry strategies: Agency ModelInternational Market entry strategies: Agency Model
International Market entry strategies: Agency Model
 
Foreign market entry strategies
Foreign market entry strategiesForeign market entry strategies
Foreign market entry strategies
 
Export Import Strategies Executive Summary
Export Import Strategies Executive SummaryExport Import Strategies Executive Summary
Export Import Strategies Executive Summary
 
Ppt04
Ppt04Ppt04
Ppt04
 
Direct export
Direct exportDirect export
Direct export
 
Market entry strategies
Market entry strategiesMarket entry strategies
Market entry strategies
 
CHAPTER 10 Export Modes
CHAPTER 10 Export ModesCHAPTER 10 Export Modes
CHAPTER 10 Export Modes
 
Global Marketing Strategies.
Global Marketing Strategies.Global Marketing Strategies.
Global Marketing Strategies.
 
Market entry strategies by Alina Sachapow and Gloria Armesto
Market entry strategies by Alina Sachapow and Gloria ArmestoMarket entry strategies by Alina Sachapow and Gloria Armesto
Market entry strategies by Alina Sachapow and Gloria Armesto
 
eCommerce Market Entry Strategies to Successfully Launch your eCommerce Busin...
eCommerce Market Entry Strategies to Successfully Launch your eCommerce Busin...eCommerce Market Entry Strategies to Successfully Launch your eCommerce Busin...
eCommerce Market Entry Strategies to Successfully Launch your eCommerce Busin...
 
Foreign Entry Business Considerations
Foreign Entry Business ConsiderationsForeign Entry Business Considerations
Foreign Entry Business Considerations
 
Global Entry Strategy
Global Entry StrategyGlobal Entry Strategy
Global Entry Strategy
 
Global Economy
Global EconomyGlobal Economy
Global Economy
 
Mba 1 mm-1 u-4.3 international market entry strategies
Mba 1 mm-1 u-4.3 international market entry strategiesMba 1 mm-1 u-4.3 international market entry strategies
Mba 1 mm-1 u-4.3 international market entry strategies
 
Foreign-Market Entry
Foreign-Market EntryForeign-Market Entry
Foreign-Market Entry
 
Entering the CIS market for export
Entering the CIS market for exportEntering the CIS market for export
Entering the CIS market for export
 

Viewers also liked

Country-attractiveness
 Country-attractiveness Country-attractiveness
Country-attractivenessSujen Nisha
 
What factors should a company review before deciding to go abroad
What factors should a company review before deciding to go abroadWhat factors should a company review before deciding to go abroad
What factors should a company review before deciding to go abroadSameer Mathur
 
International marketing
International marketingInternational marketing
International marketingNaresh Bangeja
 
Global marketing
Global marketingGlobal marketing
Global marketingshr3k1090
 
International marketing
International marketingInternational marketing
International marketingThapa Rajendra
 
Global marketing
Global marketingGlobal marketing
Global marketinggyaanmasti
 
Country risk analysis
Country risk analysisCountry risk analysis
Country risk analysisragini2001
 
6. International Marketing, Market Selection, Modes of Entry in International...
6. International Marketing, Market Selection, Modes of Entry in International...6. International Marketing, Market Selection, Modes of Entry in International...
6. International Marketing, Market Selection, Modes of Entry in International...Charu Rastogi
 

Viewers also liked (8)

Country-attractiveness
 Country-attractiveness Country-attractiveness
Country-attractiveness
 
What factors should a company review before deciding to go abroad
What factors should a company review before deciding to go abroadWhat factors should a company review before deciding to go abroad
What factors should a company review before deciding to go abroad
 
International marketing
International marketingInternational marketing
International marketing
 
Global marketing
Global marketingGlobal marketing
Global marketing
 
International marketing
International marketingInternational marketing
International marketing
 
Global marketing
Global marketingGlobal marketing
Global marketing
 
Country risk analysis
Country risk analysisCountry risk analysis
Country risk analysis
 
6. International Marketing, Market Selection, Modes of Entry in International...
6. International Marketing, Market Selection, Modes of Entry in International...6. International Marketing, Market Selection, Modes of Entry in International...
6. International Marketing, Market Selection, Modes of Entry in International...
 

Similar to What factors should a company review before deciding to go abroad

International Entry Modes & Barriers
International Entry Modes & BarriersInternational Entry Modes & Barriers
International Entry Modes & BarriersShigem
 
1.def of im
1.def of im1.def of im
1.def of imgr8ajay
 
7 Tips to Prepare for Global Expansion
7 Tips to Prepare for Global Expansion7 Tips to Prepare for Global Expansion
7 Tips to Prepare for Global ExpansionDemandware
 
Challenges in International Marketing and Sales by
Challenges in International Marketing and Sales by Challenges in International Marketing and Sales by
Challenges in International Marketing and Sales by Praveen Jalaraddi
 
Your Global Sales Playbook: How to Take on International Expansion
Your Global Sales Playbook: How to Take on International ExpansionYour Global Sales Playbook: How to Take on International Expansion
Your Global Sales Playbook: How to Take on International ExpansionSales Hacker
 
Market Entry Startegies of market ,How to improve your Brand awareness
Market Entry Startegies of market ,How to improve  your Brand awarenessMarket Entry Startegies of market ,How to improve  your Brand awareness
Market Entry Startegies of market ,How to improve your Brand awarenessgoluu3028
 
Internatiolization of companies
Internatiolization of companiesInternatiolization of companies
Internatiolization of companiesIren Titarenko
 
Dr Dev Kambhampati | Developing an Export Strategy
Dr Dev Kambhampati | Developing an Export StrategyDr Dev Kambhampati | Developing an Export Strategy
Dr Dev Kambhampati | Developing an Export StrategyDr Dev Kambhampati
 
Export presentation feb 2013
Export presentation feb 2013Export presentation feb 2013
Export presentation feb 2013Khaled Bekhet
 
International marketing
International marketingInternational marketing
International marketingManoj Kumar
 
Innovations in international marketing
Innovations in international marketingInnovations in international marketing
Innovations in international marketingsayali ware
 
Tapping_Into_Global_Market.pptx
Tapping_Into_Global_Market.pptxTapping_Into_Global_Market.pptx
Tapping_Into_Global_Market.pptxfahmiidris63
 

Similar to What factors should a company review before deciding to go abroad (20)

International Entry Modes & Barriers
International Entry Modes & BarriersInternational Entry Modes & Barriers
International Entry Modes & Barriers
 
Chapter11
Chapter11Chapter11
Chapter11
 
1.def of im
1.def of im1.def of im
1.def of im
 
7 Tips to Prepare for Global Expansion
7 Tips to Prepare for Global Expansion7 Tips to Prepare for Global Expansion
7 Tips to Prepare for Global Expansion
 
Challenges in International Marketing and Sales by
Challenges in International Marketing and Sales by Challenges in International Marketing and Sales by
Challenges in International Marketing and Sales by
 
Export Guide (IE Singapore)
Export Guide (IE Singapore)Export Guide (IE Singapore)
Export Guide (IE Singapore)
 
Your Global Sales Playbook: How to Take on International Expansion
Your Global Sales Playbook: How to Take on International ExpansionYour Global Sales Playbook: How to Take on International Expansion
Your Global Sales Playbook: How to Take on International Expansion
 
Market Entry Startegies of market ,How to improve your Brand awareness
Market Entry Startegies of market ,How to improve  your Brand awarenessMarket Entry Startegies of market ,How to improve  your Brand awareness
Market Entry Startegies of market ,How to improve your Brand awareness
 
Internatiolization of companies
Internatiolization of companiesInternatiolization of companies
Internatiolization of companies
 
Dr Dev Kambhampati | Developing an Export Strategy
Dr Dev Kambhampati | Developing an Export StrategyDr Dev Kambhampati | Developing an Export Strategy
Dr Dev Kambhampati | Developing an Export Strategy
 
7export plan
7export plan7export plan
7export plan
 
Export plan
Export planExport plan
Export plan
 
export
export export
export
 
IE Singapore Guide to Exporting Sustainably April 2013
IE Singapore Guide to Exporting Sustainably April 2013IE Singapore Guide to Exporting Sustainably April 2013
IE Singapore Guide to Exporting Sustainably April 2013
 
Export presentation feb 2013
Export presentation feb 2013Export presentation feb 2013
Export presentation feb 2013
 
Mktg. zcharina
Mktg. zcharinaMktg. zcharina
Mktg. zcharina
 
International marketing
International marketingInternational marketing
International marketing
 
Globalisation ppt 2
Globalisation ppt 2Globalisation ppt 2
Globalisation ppt 2
 
Innovations in international marketing
Innovations in international marketingInnovations in international marketing
Innovations in international marketing
 
Tapping_Into_Global_Market.pptx
Tapping_Into_Global_Market.pptxTapping_Into_Global_Market.pptx
Tapping_Into_Global_Market.pptx
 

More from Sameer Mathur

What organizational structures and processes do managers use to oversee new p...
What organizational structures and processes do managers use to oversee new p...What organizational structures and processes do managers use to oversee new p...
What organizational structures and processes do managers use to oversee new p...Sameer Mathur
 
What is the best way to manage the new product development process
What is the best way to manage the new product development processWhat is the best way to manage the new product development process
What is the best way to manage the new product development processSameer Mathur
 
What challenges does a company face in developing new products and services.pptx
What challenges does a company face in developing new products and services.pptxWhat challenges does a company face in developing new products and services.pptx
What challenges does a company face in developing new products and services.pptxSameer Mathur
 
What are the main stages in developing new products and services.pptx
What are the main stages in developing new products and services.pptxWhat are the main stages in developing new products and services.pptx
What are the main stages in developing new products and services.pptxSameer Mathur
 
What are the diffeences between marketing in a developing and a developed market
What are the diffeences between marketing in a developing and a developed marketWhat are the diffeences between marketing in a developing and a developed market
What are the diffeences between marketing in a developing and a developed marketSameer Mathur
 
Un me jeans branding in web 2.0.pptx
Un me jeans  branding in web 2.0.pptxUn me jeans  branding in web 2.0.pptx
Un me jeans branding in web 2.0.pptxSameer Mathur
 
To what extent must the company must adopt its productsand marketing program ...
To what extent must the company must adopt its productsand marketing program ...To what extent must the company must adopt its productsand marketing program ...
To what extent must the company must adopt its productsand marketing program ...Sameer Mathur
 
Ideas on how to create powerful presentation.pptx
Ideas on how to create powerful presentation.pptxIdeas on how to create powerful presentation.pptx
Ideas on how to create powerful presentation.pptxSameer Mathur
 
How should the company manage and organize its international activities
How should the company manage and organize its international activitiesHow should the company manage and organize its international activities
How should the company manage and organize its international activitiesSameer Mathur
 
How can companies evaluate and select specific foreign markets to enter
How can companies evaluate and select specific foreign markets to enterHow can companies evaluate and select specific foreign markets to enter
How can companies evaluate and select specific foreign markets to enterSameer Mathur
 
How do marketers influence country of-origin effects
How do marketers influence country of-origin effectsHow do marketers influence country of-origin effects
How do marketers influence country of-origin effectsSameer Mathur
 
Creativity in Advertisements.
Creativity in Advertisements.Creativity in Advertisements.
Creativity in Advertisements.Sameer Mathur
 
Make the most of a polarizing brand
Make the most of a polarizing brandMake the most of a polarizing brand
Make the most of a polarizing brandSameer Mathur
 
Analysis brands versus private labels- fighting to win
Analysis brands versus private labels- fighting to win Analysis brands versus private labels- fighting to win
Analysis brands versus private labels- fighting to win Sameer Mathur
 
Creative that cracks the code
Creative that cracks the codeCreative that cracks the code
Creative that cracks the codeSameer Mathur
 
Branding yoga case analysis
Branding yoga case analysisBranding yoga case analysis
Branding yoga case analysisSameer Mathur
 
Unme jeans branding in web 2.0
Unme jeans branding in web 2.0Unme jeans branding in web 2.0
Unme jeans branding in web 2.0Sameer Mathur
 

More from Sameer Mathur (20)

What organizational structures and processes do managers use to oversee new p...
What organizational structures and processes do managers use to oversee new p...What organizational structures and processes do managers use to oversee new p...
What organizational structures and processes do managers use to oversee new p...
 
What is the best way to manage the new product development process
What is the best way to manage the new product development processWhat is the best way to manage the new product development process
What is the best way to manage the new product development process
 
What challenges does a company face in developing new products and services.pptx
What challenges does a company face in developing new products and services.pptxWhat challenges does a company face in developing new products and services.pptx
What challenges does a company face in developing new products and services.pptx
 
What are the main stages in developing new products and services.pptx
What are the main stages in developing new products and services.pptxWhat are the main stages in developing new products and services.pptx
What are the main stages in developing new products and services.pptx
 
What are the diffeences between marketing in a developing and a developed market
What are the diffeences between marketing in a developing and a developed marketWhat are the diffeences between marketing in a developing and a developed market
What are the diffeences between marketing in a developing and a developed market
 
Un me jeans branding in web 2.0.pptx
Un me jeans  branding in web 2.0.pptxUn me jeans  branding in web 2.0.pptx
Un me jeans branding in web 2.0.pptx
 
To what extent must the company must adopt its productsand marketing program ...
To what extent must the company must adopt its productsand marketing program ...To what extent must the company must adopt its productsand marketing program ...
To what extent must the company must adopt its productsand marketing program ...
 
Iim intern report
Iim intern reportIim intern report
Iim intern report
 
Ideas on how to create powerful presentation.pptx
Ideas on how to create powerful presentation.pptxIdeas on how to create powerful presentation.pptx
Ideas on how to create powerful presentation.pptx
 
How should the company manage and organize its international activities
How should the company manage and organize its international activitiesHow should the company manage and organize its international activities
How should the company manage and organize its international activities
 
How can companies evaluate and select specific foreign markets to enter
How can companies evaluate and select specific foreign markets to enterHow can companies evaluate and select specific foreign markets to enter
How can companies evaluate and select specific foreign markets to enter
 
How do marketers influence country of-origin effects
How do marketers influence country of-origin effectsHow do marketers influence country of-origin effects
How do marketers influence country of-origin effects
 
IIM intern report
IIM intern reportIIM intern report
IIM intern report
 
Creativity in Advertisements.
Creativity in Advertisements.Creativity in Advertisements.
Creativity in Advertisements.
 
Make the most of a polarizing brand
Make the most of a polarizing brandMake the most of a polarizing brand
Make the most of a polarizing brand
 
Analysis brands versus private labels- fighting to win
Analysis brands versus private labels- fighting to win Analysis brands versus private labels- fighting to win
Analysis brands versus private labels- fighting to win
 
Creative that cracks the code
Creative that cracks the codeCreative that cracks the code
Creative that cracks the code
 
Article intern
Article internArticle intern
Article intern
 
Branding yoga case analysis
Branding yoga case analysisBranding yoga case analysis
Branding yoga case analysis
 
Unme jeans branding in web 2.0
Unme jeans branding in web 2.0Unme jeans branding in web 2.0
Unme jeans branding in web 2.0
 

What factors should a company review before deciding to go abroad