Research a potential market and product


Problem: You own a company and would like to "go global!" Research a potential market and product to get your export operations started and present your findings to potential investors.

Note: The product and country that I have chosen is mosquito repellent in Thailand.

Use the outline below:

- Introduction

- Description of product to be exported

- Characteristics of target market

1. GNP/capita
2. GNP/capita growth rate
3. Size of market

- Market screening

1. Basic need potential
2. Exchange rate trends
3. Import restrictions
4. Price controls
5. Government and public attitude toward buying American products
6 Size, number, and financial strength of competitors
7. Sociocultural forces
8. Attitudes and beliefs
9. Languages
10. Education

- Export marketing strategies

1. Promotion methods

- Conclusion

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Finance Basics: Research a potential market and product
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