Post on 18-Jan-2016
XYZ COMPANY INTRODUCES
“PERSONAL DENTIST”
Introduction
Information about “Personal Dentist” Information about Brazil’s market Market export strategies Market screening process Conclusion
About “Personal Dentist”
All natural Affordable Easy to use Clinically proven to work Safe for all ages
Brazil
•People are friendly and open-minded•Population is growing•Basic need for “Personal Dentist”•Great opportunity for XYZ Company•Brazil’s market has potential
(Characteristics of Brazil) GDP/capita, GDP capita growth rate, and size of market
GDP/capita= $9,700 estimate in 2007 GDP/capita growth rate= 4.5% Population estimated 190,010,647 We want GDP to grow Continue to follow Brazil’s economy
Market Screening *Basic Need*
Personal hygiene is a factor Health concerns Poor dental habits Situation is getting worse “Personal Dentist” can change this
Exchange Rate Trends
1 USD = 0.594884 BRL BRL looks strong Looking good for XYZ Company Rates can change Must be prepared
Import Restrictions
Brazil 13th largest export market “Personal Dentist” no hazardous materials Toothpaste tube is approved Shipping package is approved All government guidelines are followed
Price Controls
Import tax Brazilian Tax ID Customs fees Tariffs Duties and Tax
Import Duties - Duty and Tax
Brokerage Fee Warehouse Tax Handling Charge Administration Commission Additional Port Tax
Import Duties Duty and Tax (continued)
Merchant Marine Renewal Tax
Documents Needed
Register with Foreign Trade SECEX Certificate of origin Commercial invoice Marked samples for demos Air way bill
Government and Public Attitude Toward Buying American Products
Brazilian government is Federal Republic Strong financial ties to U.S. Laws are followed Current attitudes are peaceful/trusting “Personal Dentist” will benefit people
Competition
Colgate Crest, Oral-B Well known companies Strong background Well known and trusted products
Sociocultural Forces (Attitudes and Beliefs, Languages, Education)
Culture/ very diverse nature Religion is mostly Catholicism Portuguese, only official language Minimum 8 year education Culture/beliefs are simple
Export Marketing Strategies
Start promotional demos Sponsor non-profit organizations Keep sales communication with clients Send employees as spokespersons Educate public about dental health
Conclusion
Knowledge of “Personal Dentist” Knowledge of Brazil’s Market Knowledge of Market Screening Process Knowledge of Marketing Strategies Ready, Set, Go!
References
Ball, D. A., McCulloch, W. H. Jr., Frantz, P. L., Geringer, J. M., & Minor, M. S. (2006).
International business: The challenge of global competition (10th ed.). New York: McGraw-Hill.
Colgate-Palmolive Company, (2008). Retrieved August 19, 2009, Web site: http://www.colgate.com/app/Colgate/US/HomePage.cvsp
References continued
Fed-ex, (2008). Retrieved August 19, 2009, Web site: http://www.fedex.com/us/international/irc/profiles/irc_br_profile.html?gtmcc=us
Free Trade Areas of the Americas, (2008). Retrieved August 19, 2009, Web site: http://www.ftaa-alca.org/spcomm/soc/Contributions/Miami/cscv82_e.asp
References continued
Newman, F (2006). Basic Business in Brazil. Retrieved August 19, 2009, Web site: http://www.brazilbrazil.com/basicbiz.html
New York Times, (2005). Brazil and the United States. Retrieved August 19, 2009, Web site: http://topics.nytimes.com/top/news/international/countriesandterritories/brazil/index.html?inline=nyt-geo
References continued
Fed-ex, (2008). Retrieved August 19, 2009, Web site: http://www.fedex.com/us/international/irc/profiles/irc_br_profile.html?gtmcc=us
Free Trade Areas of the Americas, (2008). Retrieved August 19, 2009, Web site: http://www.ftaa-alca.org/spcomm/soc/Contributions/Miami/cscv82_e.asp
References continued
Newman, F (2006). Basic Business in Brazil. Retrieved August 19, 2009, Web site: http://www.brazilbrazil.com/basicbiz.html
New York Times, (2005). Brazil and the United States. Retrieved August 19, 2009, Web site: http://topics.nytimes.com/top/news/international/countriesandterritories/brazil/index.html?inline=nyt-geo
References continued
Procter & Gamble, (2008). Retrieved August 19, 2009, Web site: http://pg.sitebase.net/global/latin_america/pages/content/brazil.html
World Fact Book. (July, 2008). 2008 World Fact Book. Retrieved August 19, 2009, from https://www.cia.gov/redirects/factbookredirect.html
References continued
World Health Organization, (2006). Retrieved August 19, 2009 Web site: http://www.wto.org/english/thewto_e/countries_e/brazil_e.htm
X-Rates, (2008). Retrieved August 19, 2009 Web site: http://www.x-rates.com