Developing an international marketing plan for an organisation

Developing an international marketing plan for an organisation Assignment example
Masters
Assignment
Marketing
Pages 14 (3514 words)
Download 0
The primary purpose of this report is to propose an effective marketing plan emphasizing on different marketing attributes and strategies for a new product of Johnson & Johnson (J&J) in the existing medical equipment and pharmaceutical industry of Australia. …

Introduction

In order to create new customer segments for the newly launched products, the marketers tend to practice extensive marketing strategies and activities. Concerning the industry structure, it can be stated that the medical equipment and pharmaceutical sector is dominated by few major marketers including J&J that has been long serving the customers. Threats of substitutes as well as new entrants are also observed to be low in this industry owing to high degree of regulatory interventions, capital intensiveness and greater dependency on customer as well as stakeholders’ trust (Giudice, & Bolduc, 2006).
The Company
J&J can be regarded as one of the renowned brands in the global medical equipment and pharmaceutical industry. The company was founded in the year 1886 and is well known for its enduring performances of delivering quality based medical devices and diagnostic products to the global consumers (Johnson & Johnson, 2013). The organization also seeks to embrace adequate research and development initiatives through the integration of innovative ideas which ensures the empowerment of health as well as wellbeing of its wide range of global consumers. The products offered by J&J principally involve maternity kits, childcare products, fast-aid equipments and surgical apparatuses among others (Johnson & Johnson, 2012). Therefore, diversifying by extending its product line through serving a nutrition drink for mothers can contribute towards the brand recognition of the company along with increasing its market share in the Australian medical equipment and pharmaceutical industry.
...
Download paper
Not exactly what you need?

Related papers

International Marketing Strategies
The Freitag enterprise is now a booming success, selling bags from 350 locations across the world in Berlin, Cologne, Davos, New York, Hamburg, and Zurich (FREITAG, 2011). They also have an online shop, which adds to their revenue massively. The factory in which these bags are made is situated in Switzerland, near the cross-city highway, which was part of the initial inspiration for the first bag…
Modern Mums International Marketing Plan
Established in 2000 by Mary Polion, Modern Mums is a small company situated in Dublin, specializing in maternity wear. The company has established sales in Ireland through establishment of outlets in department stores and other independent outlets. It hastily won recognition and sales for its modern clothes, which proved particularly popular with working-class women. It has established a good…
International marketing
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…
Developing a Marketing Plan
Devising a course of action that can give a detailed description of a product proposed by a firm may be a complex matter since the plan has to incorporate market segments, have a clearly defined data that is relevant to the identified market, and compose of an implementation plan (Steinberg, 2011:5). The task of this is to plan and describe a research programme to identify attractive market…
Qualities of a Successful International Marketing Strategy
International marketing strategy is rooted in an investigation of the level of globalisation of different features of the market setting, such as variations and similarities in consumer preferences, culture, socioeconomic standing, technological standards, and so on. Therefore, it is evident that companies aspiring to compete successfully in global markets have to develop a decisive, purposeful,…
marketing plan
UAE hold a population that is among the top earners and top spenders on grooming in the world. It has the largest cosmetics and grooming market among the Gulf countries and men’s grooming has transformed from a niche market to an unavoidable business segment in the past 10 years and holds further growth in the next 5 years. While the prime driver of men’s grooming market is shaving products,…
Marketing Plan for a new Organic goods company
In this proposed marketing plan, a particular fruit i.e. organic apple has been taken into concern for promoting in the current organic fruit business industry of the UK. Now, the company is intending to expand its business in the emerging UK food business industry. In this regard, the proposed marketing proposal for the company would focus on critically analysing different marketing research…