why international marketers fail 2013

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The essence of International Marketing series. Most common mistakes in International Marketing or… Why International marketers fail. by Lev Mikulitski

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(almost) All the reasons why you fail in your International Marketing.

TRANSCRIPT

Page 1: Why International marketers fail 2013

The essence of International Marketing series.

Most common mistakes in International Marketing

or… Why International marketers fail.

by Lev Mikulitski

Page 2: Why International marketers fail 2013

So, you’re trying

to expand your

company globally.

Page 3: Why International marketers fail 2013

And despite

everything you do…

the business is not

moving into the right

direction.

Page 4: Why International marketers fail 2013

It’s the right time to re-examine

all your activities, perhaps you’re

making all this terrible mistakes.

Page 5: Why International marketers fail 2013

Mistakes to avoid

in International marketing.

Page 6: Why International marketers fail 2013

1

You don’t really care

about your “partners”. You are “pushing sales” instead of

building long term value partnership.

Page 7: Why International marketers fail 2013

It’s a

WIN WIN WIN GAME

or loss! Think about how your partners will

benefit from you selling them.

Page 8: Why International marketers fail 2013

2

Unqualified man

responsible for building

your company’s brand. Not all “good man” can handle

an international business development.

It requires more. Much more.

Page 9: Why International marketers fail 2013

Management is

everything! You should put your best man to

handle it and you should measure

your every move.

Page 10: Why International marketers fail 2013

3

Total disconnection

and ignorance. You don’t really know what is

going on out there.

Page 11: Why International marketers fail 2013

Collect data as much as you can.

You can’t go there without sufficient market research.

Page 12: Why International marketers fail 2013

4

You’re saying that you want

to conquer the world. But this is just talking, talking

and talking. ZERO doing.

Page 13: Why International marketers fail 2013

Make sure your

ambition match

your efforts. If you declare that you want to go

globally, you’ll have to behave as one.

Page 14: Why International marketers fail 2013

5

You assume you’re

a world star, just like in

your home market. Nobody really know who you are or

why they should have you at home.

Page 15: Why International marketers fail 2013

Your no#1

challenge should be

building brand

awareness. Don’t expect that everybody knows

who you are and what you’re good at.

Most of the time they will not!

Page 16: Why International marketers fail 2013

6 You use the same

product/market “strategy”

every way you go. You recycle ideas instead of thinking

about new ones.

Page 17: Why International marketers fail 2013

One size

does not fit all! Don’t copy paste the same penetration/product

strategy every place you go.

Different places = different game rules.

Page 18: Why International marketers fail 2013

7

To many middlemen involved in

selling your products. What makes it most of the time not attractive

in terms of the final price to consumer.

Page 19: Why International marketers fail 2013

Seek the shortest

and efficient path to the

consumer! It will enable the most attractive

pricing strategy.

Page 20: Why International marketers fail 2013

8 You expect your channel

partners will pay for building

your brand. From your point of view,

marketing is a bad word.

Page 21: Why International marketers fail 2013

It is your baby.

If you’re not willing

to invest in it,

no one will do

it for you. If you’ll put your costs on your channel

partners, they simply stop be your ones.

Page 22: Why International marketers fail 2013

9 You truly believe

you know everything. And you’re not willing to learn from

your competitors or other markets.

Page 23: Why International marketers fail 2013

The world is changing all the time,

embrace the change.

Learn from your

competitors and from

other markets all the time.

Page 24: Why International marketers fail 2013

And one last thing:

International marketing

is NOT ABOUT SELLING

like a trader on a Turkish Bazaar…

10

Page 25: Why International marketers fail 2013

BUT creating sustainable

consumer demand through effective

brand building activities.

Page 26: Why International marketers fail 2013

The essence of International Marketing series.

Most common mistakes in International Marketing

or… Why International marketers fail.

by Lev Mikulitski