Beruflich Dokumente
Kultur Dokumente
Of
International Business Management
Roll No 161268
Date 27-12-2019
Case study
ARJMST brand
Weakness
Different names for each new collection instead she would offer new articles with
company name
Meaningless and lengthy brand name people can’t remember such big name
She is more focusing on packaging
Deviate from its initial business jewelry to trophies and corporate gifts
Opportunities
Should build up its own jewelry making institute in hometown with the same brand name
Put investments in small business
Launching an app would benefit the foreigners to get access
She should make alliance with some famous apparel brand
Threats
Establish market and competitors
New brand emergence in future offering same pieces with more added values
To big brand name people not remember and ultimately shift
Unfavorable economic conditions
Q4- Help Azza in internationalizing her brand. What entry mode options she
should adopt to enter in a foreign market and how?
Following are the entry modes for internationalization of business
Exporting
Licensing and Franchising
Partnering and Strategic Alliance
Acquisition
Greenfield Venture
As Azza jewllery brand already established market of UAE then she should move towards
international expansion and use entry mode of partnership or strategic alliance because Azza
don’t know the demographics of the country in which she is going to enter so in order to
understand that market demography, geography, economy and political environment ARJMST
first should make a strategic alliance with foreign partner and gain knowledge and experience by
learning the business in that particular country than it should move towards greenfield venture.
Q6- Advise Azza in detail about the international marketing strategy and
marketing mix she can adopt for her ARJMST brand?
Azza can use following international marketing stretegies to expand its brand internationally
Importance of Product
Azza job is to make its company’s product appear more desirable than any of the alternatives on
the international scene and in each specific region. She should design its brand elements, price,
packaging, and all other things in such a way that attract the consumers attention in foreign
market. She should make its product valueable for its end consumers. And promote its products
like unique master pieces that anyone want to purchase. That will create a good image of its
products in the mind of consumers.
Price in Marketing
Setting a price is a key element while doing marketing she should set higher prices of its
products than its competitors if she is going to target elite class. Because we belive that higher
price is always result in higher quality so Azza should set higher price than its competitors than
market its products in contemporary ways.
Marketing mix
Product
Azza should not simply place its product on a shelf in a retail store and expect customers to
purchase the item. The product must have packaging that catches the eye of a potential customer,
information regarding its contents and a name that is memorable.
Price
If Azza set the price of the product too high, and with same features potential customers will buy
a similar product from a competitor that is priced lower. If the price is too low, the company's
profit margin on the item will be too low to justify the cost of production. Azza should look at
the price of similar items in the market as well as the cost of the item to the company and select a
price and use for the advertising campaign.
Placement
There are three types of placement distribution:
Intensive
Selective
Exclusive
As Intensive placement involves placing the product in as many markets and stores as possible
for a widespread reach among consumers. Azza should use both elective and exclusive
distribution channels. Selective placement is when the company has a specific consumer in mind.
Like Azza sell high-end luxury goods, she should place the goods in cities with high disposable
incomes. Exclusive placement is used when you supply only one customer, such as a niche shop,
with your items.
Promotion
Promotion is the key element while launching a business or new product development. Azza
should focus more on promotion after all the process promotion should be done on
Social media
Point of sale promotion
Discount
Coupons
Trade promotion
Sale promotion
All the promotion should be done by foreign marketing agency Azza should contact foreign
marketing firm and promote its products in local style through local channel of promotion