- đ Top-10 Market Entry Strategy Examples
- đ€ What Is Market Entry Strategy?
- đ How to Conduct Market Entry Strategy Analysis
- đ Top 4 Market Entry Strategy Examples
- đ Market Entry Strategy Research Paper Examples
- đĄ Essay Ideas on Market Entry Strategy
- đ Good Market Entry Strategy Essay Examples to Write about
- đ Simple Research Paper Examples with Market Entry Strategy
Want to do a market entry strategy analysis? Our article will help you to understand this topic! Weâve tried to answer all the basic questions that you may have. Also, weâve disassembled the process of such an analysis and prepared exciting case study examples in the market. So let’s get to the bottom of this!
đ Top-10 Market Entry Strategy Examples
- Apple Company: Investment in IT
- Kazuri Company's Market Entry Strategy
- The Fleet Sheet Company' Challenges
- Apple Company's Penetration Strategy in the Russian Market
- Tesla Motors Company's Market Entry Strategy
- Samsung Group's Entry Modes into Global Market
- Auto Parking Business Project
- Ocean Beauty Center Business Plan
- H&M Company: Major Changes From 2005 to 2010
- Coca-Cola Company's Entry Strategies into Indian Market
đ€ What Is Market Entry Strategy?
A market entry strategy is a step-by-step process that will increase a companyâs likelihood of succeeding in a foreign market. This approach should be highly localized, adjusted to the abroad market, and requires a thorough target segment analysis.
What Are the Barriers to Market Entry?
When analyzing a remote market, you may notice some barriers to market entry. These usually include local regulations, political unrest, heavy taxation of international companies, high import fees, and even weather events. A company should know these barriers before developing a market entry strategy to minimize its impact.
đ How to Conduct Market Entry Strategy Analysis
After all, no two markets are the same. What has worked in the domestic market may not be replicated elsewhere. There are several steps to undertake when doing market entry strategy analysis. Regardless of whether the business is small or not, there are things to consider:
Set Goals.
A company should consider factors such as its target audience, competition, and market trends to set practical goals for entering a new market. Additionally, creating a framework for change involves identifying the unique selling proposition, crafting a value proposition, and creating a marketing message that resonates with the target audience.
Research the Market.
Researching the target market is crucial to understanding the market’s needs, preferences, and trends. The company should analyze the market’s size, growth potential, and the target audience’s demographics. It should also study the competition’s strengths, weaknesses, and strategies.
Choose a Way to Enter.
The company must decide whether to enter the market directly or indirectly. Direct penetration involves establishing a physical presence, while indirect access involves partnering with existing businesses or distributors. The choice depends on factors such as the company’s resources, competition, and the target market’s preferences.
Understand the Financial Aspect.
Entering a new market can be costly, and the company must clearly understand the financial implications. It should evaluate factors such as the costs of market research, marketing, establishing a presence, and ongoing operations.
Develop a Strategy and Follow It.
Companies can study successful market entry strategies other companies use to develop their own. It involves evaluating the strategies’ effectiveness, understanding why they worked, and adapting them to the company’s goals and unique circumstances. However, the company should be cautious of blindly copying strategies without considering their suitability for its market and audience.
đ Top 4 Market Entry Strategy Examples
An analysis like this will ensure that a companyâs market entry strategy carries little risk. Here are some successful examples:
- Starbucks Coffee in China. Starbucks Coffee entered a tea-dominated market and created a niche for itself. Instead of marketing its coffee, it relied on the artificial notion of a âthird spaceâ – a place thatâs not home and not a workplace.
- IKEA in China. Many foreign companies tried to enter China and appeal to their newly-formed middle class. Many of them, such as Home Depot, have yet to succeed. Meanwhile, IKEA took a different approach and provided expansive manuals to teach Chinese citizens how to assemble their furniture.
- McDonald’s in France. When McDonaldâs first entered France, it struggled to dominate the market. Analyzing the countryâs culture, the fast-food giant thought of offering table service in its French branches. This has significantly improved their sales.
- Red Bull in America. Red Bullâs arrival on American soil was so triumphant that many donât realize it is an Austrian company. It has achieved this immense triumph with its large-scale marketing campaigns, event sponsorships, etc.
Thus, companies should carefully evaluate their options and choose the strategy that best aligns with their objectives to ensure a successful entry into a new market. We conclude our brief introduction to market entry strategy analysis. Check out the essay samples below to learn more about this fascinating topic!
đ Market Entry Strategy Research Paper Examples
- Leamington Spa Company's Competitive Product DevelopmentBusiness essay sample: This report evaluates technologies that are available for energy storage in the domestic sector to help Leamington Spa Company to select a competitive product in the market.
- HP Company's Market Entry Strategy in the Middle EastBusiness essay sample: The study evaluates the existing marketing strategies HP Company should use in the context of introducing its products in Israel as one of the countries in the Middle East.
- Apple Inc.'s Performance Challenges Since 2011Business essay sample: The essay provides insight into the Apple Companyâs strategic issue in an attempt to recommend various resolutions that can be adopted to unravel its present-day challenges.
- Toshiba Companyâs Entry Plan into the Iraqi MarketBusiness essay sample: The paper profiles the Iraqi market to find out the possibility and feasibility of financial, distribution, and marketing partnerships for the Toshiba company.
- The Case of the Adidas and Nike Sneakers MarketBusiness essay sample: This study will identify consumer perception barriers of green purchasing behavior and examines the effect of these barriers towards CSR practices.
- Dubizzle Company's Marketing Mix and StrategyBusiness essay sample: This paper is a comprehensive report of an interview conducted with the founders of Dubizzle on how they impeccably employed an effective marketing mix and strategy to grow their business.
- Hennes & Mauritz Company's Market EnvironmentBusiness essay sample: The H&M company targets customers who are interested in the fashion apparel. The company specializes in the cheap chic and fast fashion products for women, men, and children.
- EBay Company's Entry into the Japanese MarketBusiness essay sample: The entry strategy of eBay Company into the Japanese market was not right and timely, as would be expected. It was a wrong strategy for eBay to enter Japan late.
- Wal-Mart After Entry into the Chinese MarketBusiness essay sample: Wal-Mart retail was established more than four decades ago. The retail stores began expanding its operations in international markets way back in 1992.
- Pepsi Max Product's Market Entry Strategy into IndiaBusiness essay sample: Pepsi Co has entered Indian Market in 1985, making a tie-up with one of India's leading business houses to begin the soft drink operations in the country.
- Supply and Demand Roles in EconomicsBusiness essay sample: The significance of both supply and demand in a business setting is that they determine the level of sales or revenue.
- Internalization Theory and Eclectic ParadigmBusiness essay sample: Before internalization theory, it was assumed that FDI was the natural form of the local production strategy. Internalization theory pointed out that licensing was an option.
- Comparison of Market Reforms in China and RussiaBusiness essay sample: Chinese reforms success and Russiaâs reform failure, was crucially due to each opting to a different approach to the market economy.
- Global and Local Market Place in a Changing WorldBusiness essay sample: The World Trade Organization is one of the most powerful institutions. This international organization establishes the rules of trade between nations, handles trade and enforces the GATT agreements.
- Blockbuster Marketing Strategy Analysis [SWOT, Porterâs Forces, & Marketing Mix]Business essay sample: Researching Blockbuster marketing strategy? đ This paper analyzes Blockbuster strategy concerning its strengths, weaknesses, opportunities, and threats. đ Read thoroughly to learn more about Blockbuster business model and marketing strategies. â
- Netflix Communication Strategy in the UAEBusiness essay sample: Analyzing Netflix communication strategy? đș In this paper, we seek to investigate how Netflix achieves success in the United Arab Emirates. âïž Read the text to learn what is Netflix communication strategy in the UAE. â
- Walmart Company's Global Leadership StrategiesBusiness essay sample: Walmart has applied effective leadership theory in its day-to-day operations, which has seen great changes in its current new markets.
- DPWN Company: Case StudyBusiness essay sample: Porterâs Five Forces for DPWN company, reasons of the success of DPWN, SWOT-analysis, market expansion strategy, diversification, and acquisition strategy.
- The Russian Market: Currency and Financial RisksBusiness essay sample: The Russian market is very attractive for investors. This research is focused on determining the level of currency and financial risks associated with the Russian market.
- Starbucks Trading Strategy AnalysisBusiness essay sample: In order to understand a Starbucks strategy the actions and approaches of the business must be analyzed to form the pattern of the companyâs strategy.
- Market Entry Strategies for MNCs in the Automobile Industry of ChinaBusiness essay sample: The study researches factors that have influenced the choice of market entry modes for Multinational corporations in China's automobile industry.
đĄ Essay Ideas on Market Entry Strategy
- Air New Zealand Company's Strategic AnalysisBusiness essay sample: The Air New Zealand company is primarily involved in the transportation of cargo and passengers on scheduled airline services. It is based in New Zealand.
- Oligopoly Markets vs. Perfectly Competitive MarketsBusiness essay sample: Market structures are classified according to the extent of being perfect. The perfectly competitive market is one which has perfect assumptions in all aspects and it is generally theoretical.
- Marketing of Kitenge in JapanBusiness essay sample: The objectives of the study is to identify all the external factors which affect markets such as politics, economy, legal and environment factors affecting markets and the four Ps of marketing of international markets.
- Mode of Global Market Entry. '. Goldendrops'Business essay sample: The global market has become so complicated and advanced that only the strong and competitive firms are able to survive
- Consumer Fashion Brands Case StudyBusiness essay sample: Launching a business in a new market is always a challenging task that demands proper preparation and considerable effort from the side of the company that plans such a step.
- International Marketing Plan for SABIC Innovative Market: Entry into the Australian MarketBusiness essay sample: Saudi Basic Industries Corp - one of the worldâs leading producers of chemicals and intermediates, industrial polymers, etc. Australia is a possibly gainful new market for SABIC.
- Procter & Gamble in IndiaBusiness essay sample: Procter and Gamble (P&G) is a private limited company that is established within the Personal Products industry. According to P&G history, the firm has been in existence since 1837
- Wal-Mart's Business Strategy in the Real MarketBusiness essay sample: Business strategy has been important to the area of business studies for many decades. It is important to explain business with the basic concepts of strategy and its applications.
- Artificial Limbs Industry: About ProductionBusiness essay sample: The artificial limb industry is very unique and complicated because it involves dealing with the reconstruction of human parts and replacing missing extremity.
- How Should LE Enter Indian Markets?Business essay sample: Lincoln Electric would be necessary to enter into strategic alliances with strong, established and influential welding partners in order to initiate and sustain a good marketing foothold in India.
- Singapore Foods Inc.: Market Audit and Competitive AnalysisBusiness essay sample: This report discusses various factors that need consideration while a product is introduced into a new consumer market, Singapore by company called Singapore Foods Inc.
- International Marketing ManagementBusiness essay sample: When a company chooses a new country to expand its business, it has to select the entry mode. For example, Exporting, Licensing, Franchising, Joint Ventures or Direct investment.
- Managerial Decisions in Different Market StructuresBusiness essay sample: This paper will discuss the differences and similarities in managerial decisions making in the three markets â competitive, monopolistically competitive and oligopoly markets.
- Getinsa Saudi Arabia â A Case StudyBusiness essay sample: This paper presents a case study on the organizational structure and operations of the Spanish company Getinsa within Saudi Arabian railways.
- Product Positioning in Oligopolistic MarketsBusiness essay sample: An oligopoly is a kind of market structure wherein a few sellers control the proceedings in an industry or a certain market segment.
- Aqua Auto-Care of Edinburgh LimitedBusiness essay sample: This paper analyzes the business plan, how the business is carried out in Aqua auto-care of Edinburgh limited - a service industry providing car wash service.
- Avlon: Market Research ProposalBusiness essay sample: The potential market size for Bolox in the UK market and the perception of customers towards the new product. This will be useful tool of planning the Avlonâs entry into the market.
- Marketing Analysis of Frito Lays DipsBusiness essay sample: Frito Lay is a company that manufactures and distributes snack foods and this company was incorporated in 1932 in the US with its headquarters in San Antonio Texas.
- McDonaldâs Corporationâs Porterâs Five Forces AnalysisBusiness essay sample: The McDonaldâs company believes in ethical practice and aims at being of integrity, honest and fair. It maintains good company ethics and is accountable.
- International Marketing in the Asia-Pacific ContextBusiness essay sample: Marketing research is vital for any organization looking to expand into other markets. It provides insight into the market weather and environment in the Asia-Pacific region.
- Wal-Mart: Entrance of a Large Scale Discount StoreBusiness essay sample: Entry of large supermarket chains has been generating a lot of debate on the fate of small scale retailers or mom and pop stores since the nineteen fifties.
đ Good Market Entry Strategy Essay Examples to Write about
- Vitamin Water: Egyptian MarketBusiness essay sample: There is a huge potential for the success of Vitamin Water in the Egyptian market. This is possible as long as all the business aspects are taken care of in the entry process.
- Life Coaching BusinessBusiness essay sample: The paper will look at what such expansions entail through a life coaching business based in the United States. Its strategy is to enter the Australian market.
- Australian Joint Venture in VietnamBusiness essay sample: This paper informs on the key national, political, legal, environmental, and economic factors that may affect the successful operation of a possible joint venture in Vietnam.
- Pros and Cons - Starting and Operating Korean Fast Food Barbecue in ChinaBusiness essay sample: Korea Korean Barbeque, which initiated preliminary operations in Canada, is all set to spread its wings around other parts of the world, including Asian destinations.
- Venture Screening Guide of Phoenix Solar Energy SystemsBusiness essay sample: Propose to produce and market solar energy systems for household purposes in the Indian market. A SES capable of powering the house without external power forms our chief product.
- The In-N-Out Burger Services: Venture Into the Mexican MarketBusiness essay sample: In-N-Outâs venture into the Mexican market should prove to be a good, and profitable decision, a well-planned strategy should provide the guidance it needs to be successful.
- Tukster Hotel: Business StrategyBusiness essay sample: The context of the business strategy of the Tukster Hotel will involve the in-depth analysis of the resources, capability, competitive advantage, and strategic formulation.
- A New Mobile Phone That Is Compatible to ProjectorsBusiness essay sample: Development of technology is a well-cited demand of consumers of mobile phone sets and innovation in the field becomes the single indicator of success.
- Business Plan For the Mobile Vegetarian RestaurantBusiness essay sample: This mobile restaurant business plan illustrates how the vegetarian restaurant will provide its services competitively to its target market.
- Hyundai Motor Company's Leadership and FacilitationBusiness essay sample: The role of leadership can be outlined in the context of Hyundai Motor Company in particular, and Hyundai Chaebol in general.
- PESTEL and Porterâs Five Forces Analysis for the Euro DisneyBusiness essay sample: Assessing the situation that Euro Disney faced in 1994 with a PESTEL analysis and Porterâs Five Forces in order to assess what is the effect that external forces have on the company.
- Buckleyâs Cough Syrupâs Export to Saudi MarketBusiness essay sample: In order to accomplish the business of exporting Buckleyâs cough syrup from Canada to Saudi Arabia, it is necessary to examine the market for the product in the export country.
- A Notebook Computer in Huaweiâs Product PortfolioBusiness essay sample: The study assesses the market condition of notebook computers and tries to generate an idea for introducing notebook computers in Huaweiâs current product portfolio.
- Recycling Batteries: Market Analysis for a New ProductBusiness essay sample: This paper endeavors to conduct a market analysis in the US for company XYZ which intends to introduce a new brand of lead batteries that are easy to recycle.
- Vodafoneâs Marketing Strategy Within the UK MarketBusiness essay sample: With the rapid globalization aided by technological advancement, the information technology industry has bequeathed man with an easy way of communication.
- PESTEL Company Strategic AnalysisBusiness essay sample: The PESTEL analysis will put a spot light on the major concerns especially the external factors that will have a negative effects on the business.
- Strategic Elements Used in Gaining a Competitive Advantage in Medical TourismBusiness essay sample: Network study is mainly a strategy that is used to enhance awareness among business practitioners and to make them apply the best tactics in their management.
- Amanda West: Way in Food IndustryBusiness essay sample: Shortly after Amanda West graduated with Master of Business Administration, she had one main idea of starting a fast food restaurant as a business enterprise.
- Tide to Go Product Introduction in EgyptBusiness essay sample: Tide to Go is essentially a convenience-based product. The product is well established in other markets and has a strong brand elsewhere.
- Pet Food Company. Profitability of Pet Food IndustryBusiness essay sample: Companies have significantly invested in research to satisfy this change in demand and taste and preference trends in the pet food industry as buyers demand value for their money.
đ Simple Research Paper Examples with Market Entry Strategy
- Innovation and Technology Transfer: Stannah LtdBusiness essay sample: Stannah Ltd was established in 1860s by Joseph Stannah as a lift manufacturing company. The company has been in this industry for more than one hundred and fifty years.
- Tesla Inc. as a New Car Company on the MarketBusiness essay sample: Tesla Inc. is a relatively new car company on the market for electric vehicles. The company started selling solar energy solutions for businesses and families.
- International Business Strategy: Case Study on Clippy BagBusiness essay sample: Based on Clippy Londonâs products, I would strongly recommend business franchising as the entry mode to different international markets.
- Pepsiâs Investment in the Australian MarketBusiness essay sample: Pepsi is the second-largest food and beverage business in the world. Launching an energy drink to the market right now is a good and timely investment.
- Critical Reflection: Team Work and Project ManagementBusiness essay sample: The innovation world has undergone major transformations. This has in turn called fro more calculated measures and approach towards product development management.
- Easy Jet Marketing Plan and Reflection ReportBusiness essay sample: Easy Jet is Europeâs leading short-haul airline with a market presence in more than 30 countries around the world.
- Phantom and Wakame: Companies AnalysisBusiness essay sample: Phantom is a consultancy firm that could help Wakame in regard to management optimization and marketing changes.
- IKEAâs Path of InternationalizationBusiness essay sample: The current report focuses on exploring IKEA's approach toward internationalization and international expansion as a component of its strategy.
- RAK Ceramics: Case StudyBusiness essay sample: RAK Ceramics is a large UAE company producing various high-quality ceramic products. It was founded in 1989 in the UAE, and since then, it extended its business to Europe, the USA.
- Small Business in Brazil: Burswood LtdBusiness essay sample: The essay covers the political, economic, social, technological, and legal environments of Brazil within the framework of the Burswood Company.
- Apple Inc Company AnalysisBusiness essay sample: Global expansion remains a sensitive area for most companies. As demonstrated by Apple Inc., international development comes with both challenges and benefits.
- Dyson Company Market Entry StrategyBusiness essay sample: This essay will look at different marketing elements that affect the Dyson company as it plans to open a new store in New York in the US.
- Market Entry Strategy for Sjöö SandströmBusiness essay sample: Keeping in mind that Sjöö Sandström has the significant product, and resources, it seems reasonable to state that the internationalization approach is one the company should undertake
- Business Management & Decision-Making ReportBusiness essay sample: In the recent past, there has been a sudden increase in population and economic growth within major cities across the globe, leading to an increase in vehicle ownership.
- A Report on Delta Electronics Company (Thailand)Business essay sample: The main purpose of this report is to indicate the nature of the business of Delta company in Thailand, showing all relevant information associated with its operation.
- Whittard of Chelsea Firm's Market Entry Strategy for the USBusiness essay sample: The report comprises PESTEL-based macro-environmental analysis, market entry modes with the selection of the most appropriate one, STP strategy, and generic entry strategies.
- Spanx Product's Global MarketingBusiness essay sample: Spanx is among the well-known products initially manufactured in the United States and has started to gain international recognition attracting customers worldwide.
- Analysis of Starbucksâs Entry in Chinese MarketBusiness essay sample: The entry of Starbucks into the Chinese market illustrates the capitalization on the importance of products and services that the company offers.
- A Qatar SME Analysis: The Case of Ciko Middle EastBusiness essay sample: Expanding into new markets and trying to gain a voice within the global business community is always a challenge for a small or medium (SME) organization.
- Internationalization: The Case of AsanaBusiness essay sample: The paper discusses Asana. It is a company that develops project management software and helps different organizations track and shape their work.