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INTERNATIONAL MARKETS
When you sleep, keep your business run
Questions to be addressed
1. List and briefly describe the five major promotion mix tools of the company.
2. Briefly describe the nine elements of the communications process applied to the company.
3. Discuss steps in developing effective marketing communications for the company.
4. Describe the methods that company use for setting promotion budgets.
5. Discuss the push and pull promotion strategies of the company.
6. Which promotion tools are most effective in each strategy that the company use?
7. What are the key drivers that the company has to understand in planning for the
international markets?
3
2017 Mai The Cuong.
Promotion Mix in International Marketing
Establish
Market Intensify
first Meet Sell After sales
research contact
contact
6
2017 Mai The Cuong.
The role of trade fair participations I
2017 Mai The Cuong. Source: AUMA, Successful participation in trade fairs
Example of Trade Fair Participation Costs (2014)
2017 Mai The Cuong. Source: AUMA, Successful participation in trade fairs
Top Reasons Businesses Visit Trade Fairs
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12
14
15
Activity Deadline
Appointment of booth staff 03 months
Travel arrangements 03 months
Mailing lists for publicity 03 months
First visitor mailing 06 weeks
Deliver exhibition materials to 04-08 weeks
forwarding agent
Payment checks before departure 04 weeks
Second visitor mailing 03 weeks
Arrival of exhibits at the fair 10 days
Arrival of staff at the fair 02 days
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Source: Miller, Steve, Stop wasting your time at trade shows and start making money
20
Strong motivation
Specifically addresses your potential
customer/visitors area of responsibility
Suggests why your potential customer/visitor
would want to meet with you
Location of your booth at the fair
Schedule of special events
21
Price list
What
Website
promotion
Flyer/brochure
material do
Catalogue
you need?
Questions to be addressed
1. List and briefly describe the five major promotion mix tools of the company.
2. Briefly describe the nine elements of the communications process applied to the company.
3. Discuss steps in developing effective marketing communications for the company.
4. Describe the methods that company use for setting promotion budgets.
5. Discuss the push and pull promotion strategies of the company.
6. Which promotion tools are most effective in each strategy that the company use?
7. What are the key drivers that the company has to understand in planning for the
international markets?
27
2017 Mai The Cuong.