It provides the facility of discounts at Mulberry shops to its shareholders who own the 500 shares with the company (Morley 2011). The company operates on a large scale, having stores throughout the UK and across the world including Europe, Australia, and Asia. It aims at expanding its base by increasing the production of leather bags in the UK. Mulberry Handbags represent the symbol of England’s distinctiveness and style along with the lifestyle of the people of Britain. This brand is mostly preferred by ladies and is one of their best choices. The uniqueness lies in the provision of exclusively designed handbags that are available at reasonable prices. This brand provides products that represent ideal price, design, style and quality all provided at a single point. Mulberry has produced some top class products like Bayswater handbags and Roxanna handbags with the new unique designs styles. Therefore, Mulberry provides stylish and durable handbags at reasonable prices. The company also operates through various online stores that provide handbags of all models and styles to the various consumers in the market (Morley 2011). The company aims to go for internationalisation in India in order to reach new market and expand its customer base. The reason lies in increasing the sales and earns increasing profits by providing uniquely designed and luxury leather goods to the potential customers. India has the second largest population in the world and this will provide the brand a large market space to grow and expand. Situational Analysis The situational analysis has been done in order to analyse the environmental conditions of the Indian market which will help to develop the marketing plan and enforce the expansion strategy in the Indian market. Socio-Cultural Environment Social cultural environment has an important role to play in when a company takes decision to enter international market. This environment includes all the factors that are not included in economical or political aspects. The social cultural environment on broader parameter consists of complete range of behaviours patterns and relationships of the individuals in their personal lives. The basic factors that are included in the social cultural analysis of the market include characteristics of population of the market, values and attitudes and lifestyles and relationships (Hollensen 2008). Mulberry is a company of British origin which is well known for its luxury leather goods. The company is willing to engage itself in international trade by expanding and entering the Indian market (Morley 2011). The company needs to give emphasis on understanding the Social cultural environment of India before taking the final decision to enter the market. Along with this the company needs to understand this to design its products in such a manner that it is able to align its working with the requirements of the country like India it is initiating to enter (Wilson and Gilligan 1997). Competitive Analysis For the purpose of competitive analysis of the PEST and porter’s analysis of the market is conducted in order to identify the environment which is to be faced by the company willing to perform its functions in India (Fill 2006). The major factors are discussed in detail as under. PEST Analysis Political Factors: This factor indicates the degree of intervention of the government in the functioning of the economy. India is the biggest democracy of the world and type of government
International Marketing Introduction Mulberry is a fashion based organisation that is founded in England in the year 1971. The company is known for its leather products with specialisation in women handbags. Roger Saul is the founder of the company who opened up a firm in Chilcompton in England…
Companies save a lot by not up-selling at the opportune moments during in-bound calling since out-bound calling these days is considered to be invasive and eventually disastrous to the customer association. There is a benefit that arises from a quality outsourced customer care and that is the capacity to produce relatively higher retention rates.
The marketing strategies employed in the international markets vary depending on the unique needs of the specific countries such as culture, geography, language and religion. However, they also show some similarities particularly where similar marketing strategies, such as using local media for advertising, are employed over a region or in several countries.
It is a strategy that applies techniques in use in the home country to other countries abroad. International marketing ensures diversification of markets, market growth and economies of scale for companies that involve themselves in this kind of marketing.
signment paper is based on international marketing. The objective of the assignment is to bring to light the role of Information Technology in international marketing; discuss the scope of information systems in international marketing activities; emphasise how the adoption and integration of IT has revolutionised the international marketing environment for marketing managers and businesses.
At the heart of international strategy lies selection of foreign market and the entry models which are appropriate for the desired market (Ellis, 2010, p.450). A comprehensive and exhaustive analysis of the market plus the entry mechanisms are essential for any firms planning to venture into foreign market if the corporation would want to remain in operation and break-even.
Whatever the product or service offered by the manufacturer or service provider can reach the consumers only through effective marketing techniques.
Globalization has opened the doors widely open for business community as they can market
It has been found that almost 48% of eBay’s total profit comes from the international business. eBay has always developed a proper plan before entering into any international market. In 2006 the company decided to enter in China through joint venture or
There are various reasons for business selling beyond its domestic borders. The geographical size of the country determines the size of the market. After the domestic market gets saturated, a businessman has to think beyond the national borders. At times
5 pages (1250 words)Essay
Get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Apply my DISCOUNT
Got a tricky question? Receive an answer from students like you!Try us!
Didn't find an essay?
Contact us via Live Chat, call us at +16312120006or send an email to email@example.com