International Marketing Research
International Marketing Research
CERTIFICATE OF COMPLETION
This is to certify that Sarthak Mathur perusing BBA 5 th semester A(E) from Jagannath
International Management School Kalkaji has completed his project on the topic
International Marketing Research under my guidance.
And his work is appreciable.
Project Guide:
DECLARATION
I hereby declare that the present study of International Marketing Research, Is based
on my original research work for the fulfillment of the continuous evaluation of the
assessment of two months summer internship program, BACHELOR OF BUSINESS
ADMINISTRATION-Class of 2012- 2015. The report has been done by me under the
guidance of Mrs.Sreemoyee Saha Pareek (Industry guide) and Mrs. Rama Mishra
(Faculty Guide) the research presented in this study has not been submitted in full or
part in this or any other university of the award of any degree or diploma.
Date: 01-09-2014
Chapter 1
3
Introduction to Topic
International
Marketing
Research
in
the
21st
Century:
Businesses preparing to compete in the 21st century are increasingly confronted with
the task of crafting strategies that anticipate and respond to the rapid pace of change in
global markets. As a result, their information needs are changing and becoming ever
more complex and diverse. Timely, relevant information is essential to provide an
adequate basis for day-to-day decision-making as well to chart the firms path in an
4
increasingly fast paced, turbulent and competitive environment. Information needs are
changing in both developed and developing countries. Established markets in
industrialized countries are becoming more geographically integrated as direct vertical
links and information flows are established between customers, retailers and suppliers.
As a result, there is a growing need to conduct research spanning country boundaries,
in order to identify regional or global market segments, or to examine opportunities for
integrating and better coordinating strategies across national boundaries. At the same
time, speed in collection and interpretation of results from multiple and geographically
diverse sources become imperative in order to anticipate market change and devise an
effective response strategy. As firms push the geographic frontiers of their operations to
take advantage of growing opportunities, they need to collect information from a broader
and more diverse range of markets. Increasingly, this entails conducting research in
unfamiliar and distant markets in the Far East, the Middle East, Latin America and
Africa. This in turn poses a number of challenges, not only in collecting accurate and
reliable information on existing behavior patterns in an expeditious and cost effective
fashion, but also in predicting response to new and unfamiliar stimuli, and interpreting
the implications for marketing strategy. Advances in technology both facilitate and at
the same time render more complex, the collection of data on a global basis. The
growth and increasing technological sophistication of the communication infrastructure
enables data collection on a much broader and diverse geographic scale and with
rapidity previously unthinkable.
Yet, at the same time, management has to master these tools and understand their
inherent limitations and implicit biases. The purpose of this paper is to explore these
changes in information needs and technology and suggest the implications for
conducting marketing research in the global environment. Specifically, the paper
examines the capabilities and skills international researchers will need to acquire in
order to conduct research in the increasingly diverse and rapidly changing marketplace
of the 21st century.
Centralized research is done when the researcher conducts research in two or more
countries from the headquarters. Centralization of the project can add to the complexity
of problems with hierarchy and authority since such a study can involve staff at the
headquarters, staff at foreign offices of the company, foreign survey conductors and
possibly an overall survey coordinator. This can result in dispute, delay and inefficiency.
Decentralized research is done when the researcher has the company office in each
country conduct the research based on the guidelines from the headquarters.
In a decentralized research, the researcher in the foreign country should be able to
conduct research in the language specified by the headquarters or should be able to
translate the information gathered correctly into the language at the headquarters.
Consider the example of Parker Pens. They had a decentralized marketing department
with ad agencies in more than 40 countries developing ads for them. A new team of
executives were hired and all their marketing decisions were centralized in the
companys headquarters in Janesville, Wisconsin. They wanted to standardize the
promotion, packaging, pricing, promotional materials, and advertising. They believed the
difference in the cultures were less important than the similarities. They wanted to use
one ad agency to develop one ad to be used around the world. Subsidiaries complained
that the pens may be similar, but the markets were not. When the same ad was used in
all countries, the ads tried to say something to everyone but ended up saying nothing to
anyone. The companys campaign floundered following which the CEO was forced to
resign and the rest of the team either quit or were fired. The company then returned to a
decentralized marketing system. Thus, from the above example it is clear that due to a
centralized research approach, Parker Pens ended up with a centralized marketing
strategy overlooking cross cultural values and norms. This marketing research blunder
could have been avoided had there been a decentralized research which would have
recognized the various country specific issues that determined the way of functioning of
each market.
International Marketing Research includes a range from Single country research to the
more elaborate Multi-country research. A brief description of each mode is discussed
below.
Single-country Research
This type of research is done when there arises a need for organizations to conduct
research in a single foreign country market. Typically, this need arises when a
researcher based in country A wants to know whether the marketing strategies that work
well in its domestic environment can be translated to a country market B. The single
country research is useful in bringing out the unique characteristics of the foreign
market that would require adapting the product to serve the needs of the local
consumers better.
Multi-country Research:
Multi-country research, as the name indicates, involves research conducted in more
than one country market. Multi-country research can be further classified into three
broad categories:
a. Independent Multi-country Research: This is perhaps, the most common form of
international marketing research that can be seen in the industry today. Independent
multi-country research studies occur when subsidiaries of the companies independently
conduct research on the same products in a number of countries. Examples of this type
of research are brand awareness/perception of international products or test marketing
of new products. The major disadvantages of this type of research are that it often leads
to duplication of effort (such as questionnaires, etc.) and since such studies are
conducted in isolation, comparisons of results across countries are made difficult.
b. Sequential Multi-country Research: Sequential Multi-country Research is a way to
research a range of geographical markets. It is attractive as the lessons can be learned
in the first one or two markets to be researched and then can be applied to the other
countries subsequently involved in the research program. The sequential approach is
typically used when a product or service is the subject of rolling launch across countries.
7
and broadened. In industrialized nations such as North America, Europe and Japan,
regional market integration and the removal of barriers between countries, the growth of
a regional and global market infrastructure as well as increased mobility of consumers
have created pressures to consolidate and integrate marketing strategy across
countries. Consequently, increased attention is focused on conducting studies which
cover multiple countries examining differences and similarities in behavior and response
patterns across countries.
At the same time, as growth in these markets slows, future market potential lies in
emerging market economies, with countries such as China and India accounting for
over one-third of the worlds population. The explosive population growth in these
countries, together with the opening up of markets in the former Soviet Union makes
entry into these markets mandatory for firms aspiring to be global leaders in the future.
In entering these markets, as in initially entering international markets, firms need to
collect information to assess potential opportunities, to determine how to position, price,
promote and distribute their products and brands, whether to develop local variants, etc.
National Differences:
The main factors that affect the way in which people from different cultures behave are:
(A). Cultural Differences: Culture refers to widely shared norms or patterns of behavior
of a large group of people. It is defined as the values, attitudes, beliefs, artifacts and
other meaningful symbols represented in the pattern of life adopted by people that help
them interpret, evaluate and communicate as members of society. The need for greater
cross cultural awareness is heightened in our global economies. Cross cultural
9
Siemens had to alter their washing machines with a minimum spin cycle of 1,000
remand a maximum of 1,600 rpm in Scandinavia, owing to irregular sunshine. In Italy
and Spain, on the other hand, it is sufficient to have a spin cycle of 500 rpm as there is
abundant sunshine.
(d). Economic Differences: The level of economic development in a market can affect
the desired properties of a product and in this way can inspire a company to adapt its
products in order to meet the needs of the local market. The level of economic progress
in a market can be assessed by a series of indications:
The level of revenue and buying power of local consumers: This will have an
influence on the technical conception and marketing of exported products. In
richer countries where the state of economic progress is more advanced,
consumers generally having a higher purchasing power and tend to prefer
purchase of more sophisticated products with advanced functions, while people
in poorer markets would be interested in a simplified version of the product.
The state of infrastructure in the market: The general level of the quality of
infrastructure in the country consisting of elements such as transport, energy
communication systems, etc. can affect how the product is constituted as it can
bring about different conditions of use. For instance when car manufacturer
Suzuki entered India, it had to reinforce the suspension or the road clearance
level of the cars as the state of the roads were poor.
(E). Religious Differences: Religion has many impacts on products, more particularly
on the ingredients, that constitute them. For example, in Islamic countries, companies,
exporting grocery products based on beef have to furnish a certificate declaring that the
animals have been slaughtered respecting Halal methods. Alcoholic drinks are equally
banned in Middle Eastern countries. Religious restrictions can therefore require product
adaptation.
11
f. Historical Differences: Historical differences help explain facts such as the playing of
cricket in England, as opposed to game of boules in France. These differences have
slowly evolved over time but have a profound effect on consumer behavior. For
example, drinking Scotch whiskey is considered prestigious and trendy in Italy, but oldfashioned and almost boring in Scotland.
g. Language Differences: Language is an important aspect of international marketing
research. Inappropriate use of language could result in loss of market apart from turning
out to be a cross cultural gaffe. For instance, U.S. and British negotiators found
themselves at a standstill when the American company proposed that they table
particular key points. In the U.S. Tabling a motion means to not discuss it, while the
same phrase in Great Britain means to bring it to the table for discussion.
h. Differences in Actual and Potential Target Groups: In countries like England and
Germany it is possible to do national samples. Small towns and villages can be included
because distances are not great. In Spain, interviews can be conducted only in cities
with populations of over 100,000 people, as the cost of interviewing people in small
towns and villages is prohibitively high. In addition, the international marketing
researcher may also have to deal with other factors such as differences in the way that
products or services are used, differences in the criteria for assessing products or
services across various markets and differences in market research facilities and
capabilities.
Comparability of Tasks:
The concept of comparability refers to the problem faced by a researcher incomparing
the results and interpreting the implications when dealing with two or morecountries, is
referred to as the comparability of tasks. This is absolutely essential to anyresearch that
has been set up to provide as basis for an international marketing decision. As firms
push the geographic frontiers of their operations to take advantage of growing
opportunities, they need to collect information from a broader and more diverse range of
12
markets. Increasingly, this entails conducting research in unfamiliar and distant markets
in the Far East, the Middle East, Latin America and Africa. This in turn poses a number
of challenges, not only in collecting accurate and reliable information on behavior
patterns in an expeditious and cost-effective fashion, but also in predicting, response to
new and unfamiliar stimuli, and interpreting the implications thereof for marketing
strategy.
utilized. The challenging part of getting this pooling right is that, the marketer must be
aware of the frame of reference used in their decision to pool any set of countries. Once
a frame of reference is established, it becomes an important factor in determining or
modifying a marketers reaction to situation, especially if experience or knowledge of
accustomed behavior is lacking. Consider Belgium, which is neatly divided neatly in
half, between Flanders in the north and Wallonia in the south (Sager, 1997). While the
Flemish people use margarine, Walloons use butter. Thus, cultures could vary within a
single country and this factor should be considered while adopting a culture pooling
technique. This type of pooling would be suited for product positioning and product
acceptance studies.
c.Geographical proximity Under this type of pooling, countries within close proximity
can be considered. Factors that can be considered for this type of pooling can be size of
the country, its close neighbors, common climatic conditions and demographic
indicators among others. This type of pooling would be helpful for segmentation studies.
However, caution must be exercised while pooling countries that are geographically
closer. For instance, even though Canadian market may feel similar to the United States
market due to their geographical proximity, both
Countries should be addressed as two distinct cultures. Thus clubbing of countries into
similar pools would help researcher in solving the small sample size problem. The key
here is to, consider the nature of the study and then use appropriate pooling technique
to achieve significant research results that can be better used for developing effective
strategies.
These attitudes reflect the goals and philosophies of the company and help in
developing management strategies and planning procedures with regard to its
international operations. In the ethnocentric stage, the top management views domestic
techniques and personnel as superior to foreign and as the most effective in overseas
markets. The company sees its domestic business as its priority and views foreign sales
as a profitable extension of its domestic sales. A company with this domestic market
extension concept typically identifies markets where demand is similar to the home
market and where its domestic product will be acceptable. Meter-Man Inc. could be said
to follow this orientation.
Companies contemplating taking the leap into the global marketplace may feel there is
too much information to digest on this topic and feeling overwhelmed, they may decide
to keep their business planted firmly in their domestic market. However, the information
below is easy-to-read, tailored to companies contemplating venturing beyond their own
borders, and will provide potential for numerous benefits as you enter the global
marketplace. If you are considering taking your product or service global but cant
decide if the benefits are worth the risks, then keep reading. Globaltrade and
international business holds numerous opportunities for your company if you are willing
to take the time to learn how to adequately prepare for and then enter foreign markets.
This is especially true considering the fact that many of the barriers to these
opportunities have been decreasing in recent years, as evidenced by the number of
major companies that have their roots in Europe or Asia, but also have successful North
American branches, including Sony, Samsung, Reebok, and Volkswagen. All of these
companies have proved extremely successful in their international endeavors. Further,
more and more people around the world are making online purchases from companies
that arent even located in their own country.4 Going Global: How to Succeed in
International Markets But what does going global really entail .If you make the
decision to enter foreign markets, you should be aware that it will probably involve
changes to your business strategy and goals, including how your company conducts its
marketing and interacts with customers. In extending your business reach into
15
international markets, your company may simply take your current product or service
and sell them in additional countries where English is also spoken. In this case, it is
probable that only a few changes would have to be made to your marketing strategies
and production. If there is a demand for your product or service in countries where
English is not spoken, however, such as in many emerging markets throughout the
developing world, then you must be prepared to make certain changes so that your
product will be accepted in a market where there is numerous language, cultural,
businesses, political, and legal differences. If you carefully consider these differences,
then you have a much better chance of avoiding marketing mistakes that other
companies have made, many of which caused them significant embarrassment and loss
of sales. For example, Nike made a costly error in the late 1990s when they used
flames to depict the word Air as the logo on their Nike Air running shoes.
Unfortunately for Nike, this symbol looked very similar to the Arabic word for Allah.
Due to the offense this caused to many Muslims, Nike had to remove thousands of pairs
of shoes from the marketplace, as well as work hard to repair the damaged relationship
with their alienated customers. This leads to one of the most important rules when
entering international markers. If you remember nothing else, simply remember this:
Pay attention to the culture and local customs of your customers. This philosophy will
help you to seize international business opportunities and increase sales rather than
offending potential customers and damaging your international reputation.
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markets. When done properly, however, taking your business global can carry with it
numerous benefits including new opportunities and increased sales. The following
outlines helpful tips, information, and advice to successfully expand into international
markets and to make your efforts at globalization more effective, affordable, and timely.
Before you Go Global
Make sure you understand the markets you are planning to enter before you
spend the money for new websites and localized content. If you plan on entering
the Japanese market, then it would serve you well to visit Japan, meet with
businesses and potential clients, and familiarize yourself (at least a little bit) with
the language and culture.
Conduct extensive research in order to find the best market for your product or
service. Does your target market already have what you are selling, or is there a
need for your product or service that you can fill? What about the culture,
regulations, and business requirements of your target market? This research will
help you minimize any possible risks and will ultimately save you time, money,
and energy in the long-run.
financial,
cultural,
competitive,
consumer
and
marketing
18
costly mistakes that have the potential to offend or alienate your customers in
other countries.
Start small dont feel that you have to translate your entire website into
numerous languages all at once at the beginning of your efforts to go global.
Consider starting with one or two languages that have the greatest potential for
success for your company (based on market research) and possibly only
translating parts of your website that your customers have frequent interaction
with, including the home page, product information, customer service, and FAQs.
Investigate potential suppliers, first online and then meet with them for a face-toface meeting and a tour of their factory.
Focus on building and maintaining long-term relationship through patience,
persistence, sensitivity, courtesy, regular contact, and respectfor their culture
and business norms.
Try to approach new situations with questions and an open mind rather than
assumptions and judgments.
Develop a global mindset in order to be able to tap into lucrative opportunities
many other domestic-focused businesses miss and be able to better understand
1.
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Advertising and Brand Consistency: Why are Some Brands so Hard to Resist?
According to Izabela Lundberg of Global Entrepreneurs, effective and eyecatching
branding is determined by more than how much you spend on your advertising budget
and your business brand is more than your logo, brand name, or colourful ads. The
implicit promise that you make to your customers through your advertising is also
hugely important in building a successful brand and faithful following. It is therefore
imperative that you are consistent and clear with your advertising. Some tips on creating
an irresistible, consistent, and eye-catching brand include: Determine your target
market.
Rather than trying to be all things to all people it is important that younarrow
down your target market and determine specifically who you want to reach through
asking yourself questions such as Where does my ideal customer live?; What do they
do in their spare time?; What is their income?; What is their style?; What is their age
range?; and What is important to them?
Use this exercise to determine the characteristics, wants, and needs of your
ideal customer.
Once you know your ideal customer, you will be better able to focus your time
and money on sales and marketing strategies designed specifically to reach those
people. Keep the focus on your customers.
Highlight your business and what you offer, while at the same time clearly show
your customers what they will gain and the benefits they will receive if they buy your
product or service. This also shows you understand their unique needs and value the
time and money they spend. Example: When you buy dresses from us, you will receive
benefits including lower costs, helpful sales staff, high-quality merchandise, and less
hassle and time spent searching for that perfect outfit for your big night. Always keep
your promises. If you cant follow through, then dont make the promise.
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As noted above, your brand is your promise to your customers. If youlet down
your customers after you have made a promise, then your business and brand will
suffer.
Focus on maximizing your existing strengths, show your customers what makes
you different from the competition, and then deliver on any promises you make. Put
simply, in order to ensure your branding efforts and advertising strategies are successful
in the long-run you must be consistently providing excellent products and services for
your customers. Create a strong brand strategy.
It is important that you create your brand strategy before hiring designers and
writers, building your websites, or crafting your marketing campaign. If you develop a
strong brand strategy first, then you will be able to make all of your other important
decisions with this strategy in mind (thereby saving money) and you will be able to fully
articulate what you want your designers, writers, websites, and marketing to
communicate and to whom. Success is in the details.
All visual, verbal, and experiential customer touch points should accurately and
First impressions matter. The colors, shapes, and fonts that you use
If you do not have the necessary skills and tools, be sure to hire a designer who
is able to create content that will stand out among your competitors while also keeping
in mind your target audience and the personality and message you want to
communicate.
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22
Chapter 2
LITERATURE REVIEW
tools for export on the one side, to a highly complex relationship strategy including
localization, local product offerings, pricing, production and distribution with customized
promotions, offers, website, social media and leadership. Internationalization and
international marketing meets the needs of selected foreign countries where a
company's value can be exported and there is inter-firm and firm learning, optimization
and efficiency in economies of scale and scope. The firm does not need to export or
enter all world markets to be considered an international marketer.
Global Marketing
Global marketing refers to marketing activities coordinated and integrated across
multiple country markets.
Johansson (2000)
Note: Jonny K. Johansson defines global marketing as a bigger brother to international
marketing i.e. more of an extension.
"Global/transnational marketing focuses upon leveraging a companys assets,
experience and products globally and upon adapting to what is truly unique and
different in each country.
Keegan (2002)
Note: Keegan takes a strategic, corporate overview to define the transnational nature of
global marketing.
So, as with many other elements of marketing, there is no single definition of
international marketing, and there could be some confusion about where international
marketing begins and global marketing ends. These lessons will assume that both
terms are interchangeable, and will define international marketing as follows:
International marketing is simply the application of marketing principles to more
than one country.
24
Helps to encourage ancillary industries to be set up to cater for the needs of the
global player
Benefits of eMarketing over traditional marketing
Differences in the legal environment, some of which may conflict with those of
the home market
Differences in the institutions available, some of which may call for the creation of
entirely new ones (e.g. infrastructure)
25
Chapter 3
Company Profile
Introduction of Organization.
26
Vision
To be an innovative Software company that understands the comprehensive
Business
requirements of & delivers best of the class Products, Solutions & Services to the
Contact Centers Telecom sector Corporates & Government sector globally.
27
Quality policy
Avis e Solutions Pvt Ltd., is committed to provide Total Customer Satisfaction by
meeting business requirements of customers through continually Improved Products ,
Innovative Solutions & Meeting service level expectations of customers through
constant monitoring of their feedback & to keep identifying new opportunities for
improvements.
Strong Management Team. 20 plus Qualified & dedicated professionals to market,
install, integrate, train & support the target segment. 24*7 NOC to provide remote
maintenance, with complete infrastructure at the facility. Voice, Chat, E-mail support
available 24*7. In-depth knowledge on IPLC / VOIP / TDM / VOIP and host of ACD /
Interactive Voice Response (IVR) / Predictive Dialer (PD) / Loggers.
Co-founders
Avneesh Mathur:
Avneesh cofounded AVIS e Solutions in 2005 and has been leading the company since
then. With his strong business acumen, extraordinary management capabilities and vast
28
experience in the areas of technology, sales and marketing, finance and management,
customer service and technology consulting, he has brought this new establishment to
its current status.
Starting at quite a young age, he has an extraordinary track record of founding and
promoting the technology startups. From having rich experience in Business
Development, Finance and Operations to being the founder and promoter of an INR 300
billion firm, Systems Integration and Services, Avneesh has served many top-notch
organizations including DCM Data Systems, ICIM, IDM, IT&T/Progressive Info Tech.
With an experience of more than 25 years in various fields, he has developed an indepth understanding of ever changing IT and business environments. He believes in the
philosophy of do it right, maintain quality and surpass clients expectations.
Besides being the cofounder and director of AVIS e Solutions, Avneesh has also been
appointed as an Advisory Board Member of Amity International School of Business and
GNIT Group of Institutions. Because of his deep understanding of company
management and excellent leadership qualities, he is able to devise and implement the
strategies to take an organization to the next level. He exhibits the competence of
encouraging his team members to perform their best and adding the finest talent to the
family.
Abhay Gupta:
29
Technical Team
Companies technical team is its greatest asset. At AVIS e Solutions, It is firmly believe
that the success of an organization depends upon the quality, experience, passion and
30
31
Operating Systems: Windows (XP, Vista, 2000, 2003, 2007, 2010), LINUX,
Solaris, MAC OSX, FREE BSD
32
Quality Management
A strong and unbending stand when it comes to quality. Our well defined quality
management system includes a range of engineering, testing and managerial
processes
that
ensure
the
superiority of
products
and
services
delivered.
At AVIS, we are committed to conform to the globally accepted quality standards during
Quality, accuracy and transparency are the greatest concerns at AVIS e Solutions Pvt.
Ltd. We have always taken all phases of product development life cycle. Over a period
of time, we have developed a strong and uncompromising culture of exceeding clients
expectations.
AVIS e Solutions has assembled a huge team of qualified and experienced quality testing
and assurance professionals. The division is entirely different from software development
department and is thus, capable of offering unbiased assistance.
33
Besides this, AVIS e Solutions ensures simultaneous quality assurance throughout the
software development life cycle right from the initial stage of requirement analysis to the
last stage of user adaptability testing. This helps in better understanding of the scope
and feasibility of the process and delivering the final product that surpasses clients
expectations.
34
Determination of feasibility
Initial Testing
Final Testing
Identifying the gap between the final product and client requirements
Performance testing
Compatibility testing
Manual testing
35
Automated testing
Products
CONTAQUE(CCS)
CONTAQUE(NGUCC)
IVR Solution
IPABX
eMANAGiN
36
CONTAQUE(CCS)
37
Call Processing facilities, Ring and Non-Ring Features (where music on idle and
even mp3s can be played).
All designed to maximize agent productivity and enhance the overall efficiency of
your contact center.
38
CONTAQUE(NGUCC)
Contaque Next Generation Unified Contact Centre (NGUCC)
39
Introduction: NGUCC is a highly reliable and flexible call center solution which embraces
internet and open source technology that seamlessly integrates with your existing voice
and data systems TDM/PRI/GSM/PSTN.VoIP
Features: NGUCC delivers a world-class application that not only automates the handling
of calls but also offers
Skill
wise
outbound
and
inbound
call
campaign dialling
IVR Solution
Interactive voice response solution
Contaque Interactive Voice Response is a solution that can automate your customer
interactions. The system allows easy handling of large telephone call volumes while
enhancing customer service and reducing the overall costs of business operations.
Bank balance
Complaint status
41
Product details
Sales enquiry
PNR status
Bill info
The IVR solutions can be customized depending upon the nature of your
business and business function you want to automate.
AVIS, with years of experience and thorough expertise in developing and customizing
IVR solutions, offers excellent products that allow you to scale up your operations
without making heavy investments. They are an ideal choice for companies with
extensive outbound calling or offering customer services and information such as
Call centers
Airlines
Entertainment companies
Travel companies
Features:
AVIS IVR Solutions offer a range of features making your customer interactions faster
and more convenient.
Easy Integration
Our IVR solutions can be easily integrated with any type of database. You neither need
to get rid of your existing database nor have to make any additional investment in
changing the database to make this system work.
Multi-Language Support
You can assign menus to your customers in different languages including Chinese,
French and Japanese and make auto attendants in local languages. Our IVR system
supports these languages in case you need them.
43
50 Menus
AVIS provides you a huge selection of menus allowing you to choose yours depending
upon your specific requirements. You can also assign different menus for a specific list
of phone numbers. We also allow you to record your own voice menus depending upon
the nature of your business and process you want to automate.
eMANAGiN
44
Concept: Now a day, information technology is fast influencing how business is done
and the user friendly environment in which anyone can do it. Transactions are now
carried out globally without any need of contact. However it is still a tender point to look
how many businesses refuse to take advantage of this evolving trend in information
technology. Moreover a need to catch up with the rest of the world in information
technology means providing or employing an educational structure that leverages on
information technology.
A solution that leverages information technology such as eMANAGiNS is the perfect fit
for this purpose. The Solution combines normal day to day educational working with real
world computer mediated to foster an effective management and support solution. It
does not aim to discard your current activities but instead enhance it by providing a total
centralizes solution. Having a management solution is wondrous but other aspects of an
institution, such as student records, school fee, payment, performance, notification and
a host of other school processes are still being done by the institutions or teachers in
separate entities. Thus, for any institution that wants to compete favorably in the future
automating all these processes and more will be highest on their priority list can be
managed by the eMANAGiNS. The Solution from eMANAGiNS system is introduced to
your use as a complete package meant to take care of your institutional needs from
aiding in smooth administration to effective day to day activities.
eMANAGiNS is a pioneering effort, which is known for excellence and commitment to
deliver unique and world class solutions. eMANAGiNS is aimed at automating the entire
institutional process coupled with providing a sound information technology solution.
Services
46
VOIP Integration
Asterisk Integration
Asterisk Maintenance
Freeswitch Support
47
Highlights :
24 x 6 NOC Support 24/7 for specific customers on Demand Online - On Chat Support
Telephonic Support Onsite Support Three Layer Support for all customers Integration &
Customized CRM Support
Avis strives to provide excellence in a timely, professional and courteous manner. Our
highly trained and knowledgeable staff consistently seeks to add value to our customers
by meeting their expectations and maximizing interactions. We aim to engage
customers in discussion about how to improve our service levels and display our
commitment to upholding professional standards.
Meeting client expectations is paramount to overall success. Avis wins by building and
maintaining customer relationships and the client wins by achieving and realizing a high
level of productivity and satisfaction.We continually monitor our performance to realize
improvements in all areas of the organization. Client feedback is an important facet of
corporate development and we try to incorporate your ideas into new program planning.
48
Avis places a high value on customer satisfaction. If the product or service has not met
your expectations we want to know why. We take complaints seriously and aim to treat
each client with respect and to respond to inquiries in an efficient, timely fashion.
Avis focus is to provide customized call center solutions for to meet the business
requirement for our esteemed customer.
49
RESEARCH METHODOLOGY
Research Objective:
To investigate the stages of international marketing Research
To find the key to success in international market research
Data collection :
SAMPLE SIZE
I have collected primary data through a questionnaire survey in many compianes.
Sample size: 50
PRIMARY DATA
In this project exploratory research design is used for data collection and fill-up the
questionnaires from the comapnies which have opertaions in international markets.
SECONDARY SOURCES
It will consist of information that already exists somewhere in documents. The
secondary data will be collected from the newspapers, expert reports, internet and
website, etc.
Chapter 4
Analysis and Findings
Options
Percentage
Measuring the potential opportunities for commencing 25
the business
2.
40
3.
10
4.
20
5.
Others
51
45
40
35
30
25
Percentage
20
15
10
5
0
Measuring the potential opportunities for commencing the business
Options
Yes
No
Percentage
55
45
52
60
50
40
Percentage
30
20
10
0
Yes
No
Q3. Mention the desired locations where you want to start your operations in
international market?
Table no.3
S.no
1.
Options
U.S
Percentage
40
53
2.
3.
4.
5.
U.K
Singapore
Australia
Others
30
10
15
5
45
40
35
30
25
Percentage
20
15
10
5
0
U.S
U.K
Singapore
Australia
Others
Q4. What type of business is done by your company in the international market?
Table no. 4
S.no
1.
Options
Manufacturing
Percentage
35
2.
3.
20
25
54
4.
Pharmaceutical
15
5.
Others
40
35
30
25
20
Percentage
15
10
5
0
Options
Common people
Percentage
30
2.
Business companies
20
3.
12
4.
Retails outlets
16
5.
Dealers
15
55
6.
Others
35
30
25
20
15
10
Percentage
5
0
Q6. Which technique are you opting for approaching the above chosen entities?
Table no. 6
S.no
1.
Options
E mail Questionnaire
Percentage
30
2.
Telephonic approach
27
3.
25
56
4.
Personal meetings
13
5.
Others
Table no.6
35
30
25
20
15
Percentage
10
5
0
Options
Yes
No
Percentage
50
50
57
60
50
40
Percentage
30
20
10
0
Yes
No
Q8. Would you like to work on the essential policies and potential working
strategies?
Table no. 8
S.no
1.
2.
Options
Yes
No
Percentage
80
20
58
Percentage
90
80
70
60
Percentage
50
40
30
20
10
0
Yes
No
Findings
55% companies are subsidiary of some other company and 45% are not
subsidiary of some other company.
59
U.S is the most popular country for the companies to start their international
operations as 40% companies want to start their operations in U.S the 2 nd most
popular country is U.K as 35% companies wants to start their business in U.K.
The most common business done by the companies in the international market is
manufacturing as 35% companies are involved in manufacturing and 2 nd most
common business is import and export as it is done by 20% companies in
international market.
30% companys wants to target the common people and 20% companies want to
target the business companies in the international marketing.
30% companies use e-mail questionnaire, 27% use Telephonic approach, 25%
use online survey, polls, 13% use personal meetings for approaching the
prospect and designing the product for the international market.
80% companies want to work on the essential policies and potential working
strategies and 20% companies dont want to work on the essential policies and
potential working strategies.
international marketing plan, it is important that you begin with detailed market research
regarding demographics, as well as the need and level of demand for your product or
service in a particular area. It is also important to recognize and appreciate cultural
differences and nuances in your website and content localization efforts, as well as your
advertising and marketing strategies. Further, to increase the chances that your
international marketing plan will be successful, it is important that you place someone in
charge of its implementation. This person should be closely involved in all stages of the
process of developing the international marketing plan, have the authority to make
decisions, and possess sufficient resources to take the plan from paper to reality.
Part III Increasing Web Traffic, Visibility and Online Success in the Global
Marketplace
This final section will focus more specifically on increasing your online visibility and
traffic, thereby attracting more potential customers to your website and ultimately
leading to increased sales and a larger customer base in more countries: Search
Engine Optimization
Whether or not people can easily find your website through search engines can
make all the difference in the success or failure of any online business venture. Be
aware, however, that achieving a high ranking on Google is usually going to take a lot of
time and effort. You cannot buy a top spot from Google or any other major search
engine; you must work for your ranking.
Since many business owners and managers do not have the necessary time to
devote to this process, Search Engine Optimization (SEO) consultants are often hired.
Advertise with Search Engines through Pay-Per Click Marketing, such as Googles
AdWords.
Create your own ads and choose keywords or phrases related to your business.
When people use one of your keywords for a Google search, your ad might
show up next to the search results. This means that your ad is reaching a more targeted
audience that is already searching for something you sell.
61
People then have the option of clicking on your ad to make a purchase or learn
more about your company either way you have attracted new visitors to your site.
The great part about AdWords is that you only pay if people click on your ads
(not when your ad is displayed) and there is no minimum amount of time to commit or
money to spend.
Google also provides information about keywords traffic so that you can make
well-informed decisions about the keywords you select for your ads. Exchange Links
with other (Relevant) Websites.
In this way, you will profit from the other companys efforts to generate traffic and
Keywords :Before writing content for your site, conduct research into the
keywords and phrases that potential customers are using since the choice of terms will
make a huge difference in whether or not people find your ad or website.
Example: choosing the correct terminology for a laptop based on the desired
Choose terms that generate high traffic and have as little competition as
possible.
A great site to analyze the web traffic and key words for your company and
Technical Issues: Create and use different websites for each country you plan on
entering. For each of these websites, use the top-level domains in that country. For
example, a .ca domain will result in the highest rankings for your Canadian website,
while in China a .can domain will be best.
62
If the country you are entering has more than one dominant language spoken,
then it is best to use subdomains so that visitors do not have to switch back and forth
between languages.
Invest in software or programs where you can track and analyze your website
statistics before you begin revamping your website for new markets. Use these
resources to determine the country of origin and the internet service providers being
used to access your website. This information can help you make well-informed
decisions when it comes to taking your business global and determine which markets
you should enter, the languages you should translate your website, and even the
amount of localization necessary for your business at this time.
Recommendations
A strategic plan needs to be developed for the future business operations since
the company does business in both the local and global market place. In my
opinion, a well established strategic plan will allow the company to balance its
revenue and productivity initiative and it will provide the company with a purpose
and direction.
63
The company needs to position the product in a unique way and differentiate it
from others. The company can also participate in trade fairs and exhibitions in
order to promote its new product and this will be an opportunity for them to
establish relationship with key distributors in the international market.
Avis e Solution needs to develop a well-defined vision and mission for the
company. This will not only communicate its present and future objectives, but
also allow the company to pursue activities that lead the company forward and
avoid devoting resources to activities that are not productive.
Conclusion
This presents the summary of the study and survey done in relation to the International
Marketing Research in AVIS e solution. The conclusion is drawn from the study and
survey of the company regarding the International Marketing Research is as follows:
64
Avis e Solution is considering the above factors very well but they have to improve so
things to grow their business in international market.
International market research entails a range of complex activities. Gathering accurate and
reliable information is complicated by cross-national differences in language, culture,
laws and regulations, and income levels and other socioeconomic conditions. In addition,
desired information is often unavailable, unreliable, or expressed in abstract measurement units. For
65
example, in Asia, Citibank markets its credit cards across a range of countries such as China, India,
Indonesia, Japan, Malaysia, and Singapore. Each of these countries has a distinctive
banking infrastructure, commercial practices, attitudes toward money and credit. In its efforts to
market food products worldwide, Nestl must acquire thorough understanding of what consumers
regard as tasty food, where they shop for it, and how far they are willing to travel to obtain
it. They must consider buyer preferences regarding package design, serving size, and
ease of preparation, as well as the constellation of values, attitudes, and beliefs that lead
consumers to choose one food product over another. They must acquire knowledge about how best
to design marketing variablesproduct features, pricing, communications, and distribution
channelsand how these variables interact. All of these factors must be considered in
light of their effect on the marketing and perceptions of existing Nestl and competing
products. Research must also attempt to forecast trends and shifts in market segments for the long
term. International market research is a necessary yet substantial undertaking. Much of
the data must be meticulously and thoroughly acquired in the eld, as broad-based information
gathered from public sources such as libraries and the Internet are insufcient for
providing the in-depth knowledge that the rm needs to succeed. The rm faces a trade-off
between doing research correctly and the resources (especially time and money) needed to perform
the research. Management must nd the right balance between its need for comprehensive
and relevant information and the costs involved in conducting the research. In the new
millennium, exploring and developing new market opportunities abroad is one of
the most
demanding,
of international
yet
opportunities
the
can
most rewarding,
be
economic
possible only
through
activities.
Pursuit
ready access
to,
and sophisticated interpretation of, information about foreign markets. The remaining
chapters of this book are devoted to making this type of understanding possible.
Bibliography
66
Websites:www.contaque.com
www.emanagins.com
www.avissol.com
www.google.com
www.Wikipedia.com
QUESTIONNAIRE
Name of the company: _________________
Address: ____________________________ Postal Code: ____________
Contact number: ______________________
67
Yes
No
Q3. Mention the desired locations where you want to start your operations in
international market:
________________________________
Q4. What type of business is done by your company in the international market?
Manufacturing
Import & export
Engineering
Pharmaceutical
Others please write: ____________
Common people
Business companies
Private business agents
Retails outlets
Dealers
68
Q6. Which technique are you opting for approaching the above chosen entities?
E mail Questionnaire
Telephonic approach
Online survey, polls
Personal meetings
Others please write: __________
Yes
No
Q8. Would you like to work on the essential policies and potential working strategies?
Yes
No
69
A global mindset allows businesses to understand diverse market needs, anticipate international trends, and leverage opportunities that domestic-focused firms might miss. This involves developing global awareness, building international networks, and fostering skills such as language proficiency and cultural understanding to connect effectively with international audiences .
From the 60s to the 90s, a shift occurred from country-by-country focus due to barriers, to a more integrated approach with regional market considerations due to decreased barriers and global market integration. This was driven by the need to assess broader market opportunities, adapt strategies globally, and manage slower growth in established markets while capturing potential in emerging economies .
Centralized research is managed from a central location, typically the company's headquarters, and can benefit from unified data management and strategy. However, it may miss local nuances. Decentralized research allows subsidiaries in different countries to conduct research independently, capturing local specificities but potentially leading to duplicated efforts and less comparable data across markets .
Firms can focus on building cultural sensitivity, maintaining regular contact, showing respect for local norms, and being persistent and courteous. Investing time to understand and integrate into local cultures can build trust, while leveraging trade shows and networking helps form connections with potential international partners .
Simultaneous multi-country research offers comprehensive data across markets at the same time, providing real-time comparability and insights into global market dynamics. However, it is challenging due to complexities in ensuring data comparability and requires robust capabilities to manage and interpret large simultaneous datasets .
International marketing involves additional complexities such as varying political, legal, economic, and cultural environments across countries. It also requires consideration of research comparability due to these differences, unlike domestic marketing, which is typically more straightforward within a single nation context .
Firms encounter several challenges such as collecting accurate and reliable information from unfamiliar and distant markets, anticipating responses to new stimuli, and interpreting implications for marketing strategies. These challenges are compounded by the need for rapid data collection and interpretation from diverse sources, requiring firms to manage the complexities of advanced technological tools while understanding their limitations and biases .
Researchers need skills in understanding and leveraging technological tools for data collection, cultural sensitivity for cross-cultural contexts, the ability to conduct rapid and accurate data analysis from diverse sources, and strategic thinking to integrate findings into global marketing strategies .
Cultural differences can affect consumer behavior, impact brand perception, and lead to marketing blunders if not recognized. Awareness is crucial to tailor marketing strategies appropriately, avoiding negative perceptions and fostering customer relationships by respecting local norms and values, as illustrated by culturally insensitive product labels being rejected .
Technological advancements enable vast and diverse data collection and analysis across geographic areas at unprecedented speeds. This enhances firms' abilities to anticipate market changes and respond strategically, although it also requires mastery of these tools and acknowledgment of their limitations and biases in global contexts .