StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Marketing: Extending Our Field to China - Research Paper Example

Cite this document
Summary
The "Marketing: Extending Our Field to China" paper argues that in the international markets, the trend and use of automobiles vary considerably across different cultures. The research conducted on the Chinese market is with the intention to expand the sale of vehicles to that region…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.6% of users find it useful
Marketing: Extending Our Field to China
Read Text Preview

Extract of sample "Marketing: Extending Our Field to China"

This information is essential in determining the brand of cars that will make the greatest sales in China. This attraction to brand names goes hand in hand with how the consumers view the manufacturers’ image. Another factor in the determination of the brand is the opinion of the user’s friends.

This plays a significant role in the choice of car that they will make. The use of the internet is also growing rapidly among the population, and with this comes the growth of e-commerce. Monitoring the users’ preferences for products could also provide good information in determining the marketing strategy to improve sales (Hague & Peter, 2002). The selection of field workers would comprise a group of a certain age group and preferably from different cultures (Martin and Tamara, 2005). The training of field workers would involve, giving them guidelines as to what questions to ask the consumers, the use of questionnaires to gather data, and analysis of this data.

The training would also show the fieldworkers how to use the analyzed data to generate and compile reports about the research. The supervision would involve the use of guidelines that are followed strictly, and the fieldworkers use questionnaires effectively. Dell Running Case In the analysis, of the overall customer satisfaction, the frequency distribution indicated that a bigger percentage was satisfied with their Dell computers; this came with 95.4 of the percentage interviewed. In the following question, of referring Dell to a friend, 81.

7% of the interviewees agreed that they would recommend it to a friend or relative. The next question was asking the interviewees about the probability of making a Dell purchase if they were buying a computer. The frequency was distributed towards the positive with a large percentage of 96.2 saying that they would make the choice again if the chance came. The next question was asking what the effect on their purchase had the price has been higher. The frequency here was distributed in the middle area with no strong opinions showing, but the higher percentage of 59.

1 stating that they probably would not have purchased it. The following question was similar to the previous one, examining the effect of a higher price. This question examines the effect of an even higher price. It determines the possibility of purchase. Here, unlike the previous one, a strong opinion is recorded showing that some would not have purchased. This opinion takes the higher percentage of the interviewees. The following part of the interview analyses the general composition of the interviewees.

On the education level, the higher percentage of 88.5 has gone past high school and is either in college or higher. The age of the interviewers shows that the average age, with almost equal frequency of about 12%, is between 25 and 49. The last part of the interview analyses the average income. This shows that about half of the number has an annual pre-tax income of between 30,000 to 75,000 dollars.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Module 8 Research Paper Example | Topics and Well Written Essays - 500 words”, n.d.)
Module 8 Research Paper Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/marketing/1591997-module-8
(Module 8 Research Paper Example | Topics and Well Written Essays - 500 Words)
Module 8 Research Paper Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/marketing/1591997-module-8.
“Module 8 Research Paper Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/marketing/1591997-module-8.
  • Cited: 0 times

CHECK THESE SAMPLES OF Marketing: Extending Our Field to China

Global Market Expansion To China

[Insert Case] Global Market Expansion to china [Insert Texas A&M Commerce In partial fulfillment of the requirements for [Insert Subject] [Name of Professor] [Date of Submission] Table of Contents Abstract……………………………………………………………………………………….... This can also be traced as one of the reasons why many American companies were outsourcing to china their manufacturing departments.... This research paper, therefore, aims to provide the company with the general knowledge regarding global trade and why china is the best option for expanding, exploring, and investing....
10 Pages (2500 words) Essay

China Is One of the World Biggest Exporters

About 70 percentages of FDI flows to china are in developed businesses.... Many of the developing countries found the China as a serious threat due to its competitive advantages and the manufacturers transfer their works to china.... To exploit the maximum use of knowledge and technologies available in the global world, it is necessary to “negotiate mutual cooperation agreements with foreign investors that ensure strong transfer of information, skills, and technologies, through training, research, subcontracting operations; and extend such cooperation rapidly to most of the services sectors; and develop further policies and incentives aimed at attracting back to china the considerable pool of the Overseas Chinese talent....
13 Pages (3250 words) Essay

International Business and operations Management

The region selected for our company's global market expansion through investments, sales, and production is Asia with china is the focal entry point before further spreading out to other countries in the region including India, Pakistan and Korea.... Firms venturing into global foreign markets are eventually constrained by the latent hostility of the host countries enterprises and the paucity of local customs and practices hence can be considered In china there are many existing domestic firms (over 8,000) engaged in the production and sale of agricultural equipment while a substantial number of international reputable firms have made major inroads into the Chinese farm machinery market....
16 Pages (4000 words) Essay

The Success Of BMW Company

china forms a potential market for BMW cars.... The company attaches special importance to the china which forms a potential market for leading premium cars.... It includes the most important information of its joint venture with china.... It reads as “Production of BMW cars in Shenyang in the northeast of china began in September 2003 - This is an important milestone in the BMW Group's expansion strategy” (Weiling, 2004)....
8 Pages (2000 words) Assignment

An Exploratory Analysis of the Possibility for LUSH to Achieve Success in China (Mainland)

Among these countries, china is the only major market.... evertheless, it is not possible for these companies to exclude china in their market expansion strategies until the government changes the current regulations regarding animal testing and substantiate on the matter (2).... Indeed, china is thinking of ways to reduce animal testing with regards to cosmetics (3).... Chinas Food & Drug Administration announced that from June 2014, china will do away with its mandatory animal test requirements for cosmetic products manufactured domestically (4)....
4 Pages (1000 words) Essay

Strategic Management of First Solar Incorporation

Before growth opportunities decline in Europe, they intend on establishing a base in china and India.... Countries such as china, India and Saudia Arabia are interested in adopting solar energy technology due to its ample advantages and hyping growth and installation.... India, china and France are current question marks out of which France is partially skeptical but china and India on the other hand have a high probability of converting into full-fledge stars....
14 Pages (3500 words) Case Study

Retail Internationalisation Strategies

While this may be true for more mature markets with well-developed logistics systems, our evidence suggests that with respect to china, the volume of business, both domestic and export-oriented, is an important driver behind retail investment.... The author of the paper titled "Retail Internationalisation Strategies" focuses on the global competition for retail customers in the fast-moving consumer goods (FMCG) sector in the People's Republic of china.... The opening up of the hitherto closed economies of Central and Eastern Europe and the Peoples Republic of china has helped to catalyse international competition between the major retailers. ...
17 Pages (4250 words) Case Study

Critical Evaluation of Current Integrated Marketing Communications Practice

LR in china ... Per unit sales, china is the largest single market for the brand marketing about 24% of the company's sales, but the company in 2012 held about 6.... Over 80% of the JLR's market is overseas, and as said earlier in 2012 china overtook UK as the biggest market.... It is due to increasing disposable income in china, rising proportion of affluent people, and their strong affinity for premium cars and low-level luxury cars' ownership rate....
14 Pages (3500 words) Report
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us