Identify competitors in chinese market

Assignment Help Marketing Management
Reference no: EM131250240

Instructions: You're a guest invited to a meeting with company named Prime Controls that is mainly operated in the US Double Sheet Detection market. You've been asked to do an 8 pages research paper (exclude front and citation page) on how to help them break into Chinese market to expand Prime Controls' market share. APA format. Below is a letter of intent that you promised to address in the paper. You will be able to find some useful notes of the meeting that could you help you outline the paper.

Dear Prime Controls,

We first want to thank you for your hospitality towards us last Thursday during our initial meeting. Having examined the needs of Prime Controls, we feel confident in our ability to provide you with a detailed report on how to break into the Asian market.

From our meeting we have gathered that the following are the primary needs of Prime Controls:

• A focus on breaking into the Chinese Double Sheet Detection market
• Identifying competitors in Chinese Market
• Finding a Surrogate to help market Double Sheet Detection Product in China
• Use a focus on the automotive and appliance industries in China

It is our hopethrough our research we can find answers to these problems and provide Prime Controls with reliable information that can improve market share and gain exposer to the ChineseMarkets. In our report to Prime Controls, we will, to the best of our ability, provide answers to the needs above and provide an analysis of the markets and cultures of China.

As we move through our research, we will be sure to reach out to Prime Controls if we feel that we need more information in regards to the needs that have been discussed above.

If you have any questions, comments, or concerns, please feel free to email us, as we are more than happy to answer them.

We hope that you are as excited for this as we are.

Sincerely,

Prime Control Meeting Notes:

Products:

Tab and Shell Detection

• Food Industry-pop/beer/soup cans

Metal Sensing-Double Sheet Detection

• Used in Automotive and Appliance Industries

Project Needs:Break into China with Double Sheet Detection

China Automotive Market

• China

o Market to Tier 1 companies who provide parts and products to auto manufacturers for assembly

How to enter into the Asian Market

• Getting word out about the Products
o Who can help with that

- Marketing agency
- Sales Rep company

• They help market and distribute your product

- Another Surrogate who help market/deliver products to customers

Look for possible contacts/sales rep companies to help market and talk about product.

Reference no: EM131250240

Questions Cloud

Summarize the problem with capitalism : Summarize the problem with capitalism, in Jones's estimation - In his talk, Jones includes a great deal of evidence to support his view that we need to rethink capitalism. List as many as you can here.
Types of conflict that are most salient in the work place : 1. What are the sources and types of conflict that are most salient in the work place? 2. Can the Chinese setting be generalized to our workplace environments?
Determine the work done by the ammonia : Determine the work done by the ammonia by summing the area below the P-V process curve. As you plot it, P is the height and the change in volume is the base of a number of rectangles.
What does the standard bargaining solution predict : If player 1's bargaining weight is π1 = 2/3 what does the standard bargaining solution predict will be the value of m?
Identify competitors in chinese market : Identifying competitors in Chinese Market. Finding a Surrogate to help market Double Sheet Detection Product in China. Use a focus on the automotive and appliance industries in China.
Find the mass in both a and b, and also the final t and p : The piston is now unlocked so that it is free to move, and it conducts heat so that the air comes to a uniform temperature TA = TB. Find the mass in both A and B, and also the final T and P.
Patrol and investigation are the two primary components : From the e-Activity, of the various juvenile justice prevention and intervention programs presented on the Website, select the program that you believe will have the best long-term impact on the goal of juvenile crime prevention. Justify your resp..
Define the work and heat transfer for the process : A 20-lb mass of water in a piston/cylinder with constant pressure is at 1100 F and a volume of 22.6 ft3. It is now cooled to 100 F. Show the P-v diagram and find the work and heat transfer for the process.
Minimize the total cost of inventory : 1. If they wish to minimize the total cost of their inventory for this item, how many should they order each time they place an order? 2. How many units should be left when they place their next order?

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd