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Finding new customers in europe cn
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Transcript of Finding new customers in europe cn
Chinese Manufacturer wants to
expand in Europe
Expand existing EU business
Go direct (own brand)
Start new business
Traditional distribution
models
Cost comparisons
Risks of changing this ?
Waranty procedures and
spares
Target Market
overview
Competition
research
Potential
customers:
Agents
Distributors
Consumer reports
on customer
satifaction
Desktop research
(Internet, literature,
meeting)
Collecting data and
information
(telephone enquiries or
web panes, personal
interviews, exhibitions)
Detailed analysis
(reports &
database)
ABC’s
Methodology of Finding new customers in
Europe
M:\abcnv\m
arketing\./.. finding new customers in europe detail
Financial overviews
Cost compairisons
Pricing models
USP”s per competitior
Volumes in quantities and
value per market segment
Pricing models
Law and legislation?
Compare closest competitor
Test assumptions
ITERATIONS
Step/step 6x
Marketing strategy comaprison
Reverse engineer the concept
Critical success-
factors
Local trade shows
Domain research
(background
information EU)
Research of
distribution
channels
Product
specifics
Wish/vision/
ambition
Complete list with
individual names,
current suppliers,
price levels,
volumes
Press articles and
comments
€1000
€2000 €2000 €2000
€500
€1000
€1000TOTAL €8000 (bundled) or
€9500
End user validation