Saturday, May 4, 2019
Internation marketing Essay Example | Topics and Well Written Essays - 3500 words
Internation marketing - Essay Exampleologetic about its population, but with the duration of consumerism dictating the trade talks this very population has become an important tool of economic progress for the country. The supranational community has also taken note of the burgeoning keep down of millionaires in India and the increase in purchasing actor of an average Indian. The demand for cars has also seen a proportionate upsurge in the country. Now that the company has launched the much awaited peoples car, it is time to corroborate a realistic assessment of the market potence and how best to tap this potential.1. The Nano is sure to generate lot of interest, because now a small-scale car is not considered a luxury instead it is now being considered a necessity. To tap this need a number of domestic and international car manufacturers have started making elaborate plans and marketing strategies. Some of the key challenges that Tata could side of meat in its endeavour arei . Increasing alinements of multinational car manufacturers with domestic Indian companies. In hotshot of the latest developments, Toyota has sealed a strategic alliance with Indias Kirloskar Group to tap the potential of the huge small car market in the country1. This initiative is bound to prove quite competitive, for the simple reason that, Toyota has entered into the alliance well after the formal launch of Nano. That means, Toyota would have taken into account many factors which prove to be detrimental for the health of such a venture. Toyotas research and development facility in japan is busy on this car now a days. Though it is a new venture and it whitethorn take couple of years before we actually see the outcome, but considering the Japanese prowess in innovation and feature packaging, we must plan out our strategies accordingly.ii. In the international market, Tatas will have a tough competition on hand from reputed brands like GM, BMW, Ford etc. These companies may not be able to match up the price tag offered by Tatas but, they can
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