Professional Documents
Culture Documents
onal
Marketin
g
Manage
ment
Teammates:
Chen Shabo
Han Jing
Feng Huimin
Jiao Yucong
Tang Shenlan
Yang Chao
Soweb Salehin
Country NOTEBOOK
Professor Jens
Graff
Marketing Plan
--Exporting Bubble Buzz in China
Executive Summary
The following marketing plan forms the basis for the introduction of an
the most desirable target market in the international arena. Our analysis
will allow us to outline the best strategies for the achievement of the
company’s strategic goals in the biggest country in the Far East. “Bubble
growth prospect of 7.3% over the next 4 years ($243,029.47 profits), while
the top spot as the market leader in the functional drinks segment of soft
drinks.
Cultural Analysis
I. Introduction
A. Location:
Eastern Asia, bordering the East China Sea, Korea Bay, Yellow Sea,
and South China Sea, between North Korea and Vietnam
B. Climate:
world's fourth largest country (after Russia, Canada, and US); Mount
Everest on the border with Nepal is the world's tallest peak
I. Social Institutions
A. Family
B. Education
Literacy rate:
Total population: 90.9%
Male: 95.1%
Female: 86.5% (2000 census)
Education expenditures:
1.9% of GDP (1999)
C. Political System
D. Legal System
Based on civil law system; derived from Soviet and continental civil
code legal principles; legislature retains power to interpret statutes;
constitution ambiguous on judicial review of legislation; has not
accepted compulsory ICJ jurisdiction
I. Religion and Aesthetics
B. Aesthetics
B. Clothing
Martial arts and Taichi are the most popular activities in China. You can
always enjoy the centuries-old culture of ancient cities as Xi’an, Beijing
or the vitality of metropolis such as Shanghai and Guangzhou. Ping
pong ball is the national sports of Chinese, inside street parks, on
campus, or even in people’s private houses, you will see table tennis
facilities everywhere.
I. Language
A. Official Language
ECONOMIC ANALYSIS
I. Introduction
II. Population
A. Total Population
A. GNP or GDP
GDP (purchasing power parity):
9% (2008 est.)
Agriculture: 11.3%
Industry: 48.6%
482 (2009)
Pipelines:
Gas 28,132 km; oil 20,204 km; refined products 9,746 km (2008)
Railways:
Total: 77,834 km
Roadways:
Total: 1,930,544 km
Waterways:
Merchant marine:
C. Inflation rate
D. Principal Industries
Mining and ore processing, iron, steel, aluminum, and other metals,
coal; machine building; armaments; textiles and apparel; petroleum;
cement; chemicals; fertilizers; consumer products, including footwear,
toys, and electronics; food processing; transportation equipment,
including automobiles, rail cars and locomotives, ships, and aircraft;
telecommunications equipment, commercial space launch vehicles,
satellites
E. Foreign Investment
Exports:
Exports - commodities:
Exports - partners:
US 17.7%, Hong Kong 13.3%, Japan 8.1%, South Korea 5.2%, Germany
4.1% (2008)
Imports:
$1.074 trillion (2008 est.)
Imports - commodities:
Electrical and other machinery, oil and mineral fuels, optical and
medical equipment, metal ores, plastics, organic chemicals
Imports - partners:
Renminbi yuan (RMB) per US dollar - 6.9385 (2008 est.), 7.61 (2007),
7.97 (2006), 8.1943 (2005), 8.2768 (2004)
H. Labor Force
Agriculture: 43%
Industry: 25%
Services: 32% (2006 est.)
I. Unemployment Rate
4% (2008 est.)
Country comparison to the world: 46
4% (2007 est.)
note: official data for urban areas only; including migrants may boost
total unemployment to 9%; substantial unemployment and
underemployment in rural areas
Marketing Plan
concentrates and syrups, which are used to produce nearly 400 beverage
brands that make up for our wide portfolio. Our corporate headquarters
are established in Atlanta, and we are holding local operations in over 200
countries around the world. Our activities cover all sectors of the
company
beverage will have a green tea base with enhanced fruit flavors (passion
convenient packaging. The strategic role of Bubble Buzz for The Coca-
product;
drinks segment, and to become the top market leader in China within the
PRODUCT STRATEGY
The core
Marketing considerations
○ Product life cycle: Bubble Buzz is a low-learning product. With a
market).
with a new, more convenient package. Bubble Tea will now become a
The price strategy that will be undertaken should consider the following
aspects:
1. Consumer demand
2. The product lifecycle
3. Potential substitutes
Customer demand
price are highly related: ‘’the higher the price, the higher the value’’.
The company should take advantage also to the fact that the newer the
product and the earlier in its lifecycle the higher the price can usually be.
It ensures a high profit margin as the early adopters buy the product and
the firm seeks to recoup development costs quickly and it also brings a
Potential substitutes
Objectives:
The promotional outputs will convey the clear message that “Bubble Buzz
is a healthy drink for sporty and young people who simply enjoy taking
Concepts:
80s” consumers only give partial attention to media. However, they can
one single message, but rather uses continuous partial attention to scan
the media. Marketers can still communicate with Generation “after 80s”by
using a variety of targeted promotional tools. Another important tactic to
Advertising:
Output Examples
Consumer oriented:
Fixed Costs :
After this point, every bottle Coca cola sells will generate average $1.17
towards the profits. The potential profits can up to $1,030,770.001 based
on our target market.
Expected Costs:
Summary:
After the comprehensive analysis of the country notebook of China, Coca-
Cola Company is more acquainted with this most populated country in the
world. The cultural and economic descriptions offer us an outline of
consuming patterns and capabilities of the targeted market. Once we
understands the country better, we make our marketing mix which
contains products, pricing, place and promotion plans accurate and in a
timely fashion. All these analysis and suggestions will contribute to the
achievement of our final marketing objective—which can be simplified as
becoming a successful exporter of bubble tea in the Chinese market.
1 $1.17*(1-11.9%)*1,000,000 = $1,030,770
Appendix & Reference
APPENDIX 1
APPENDIX 2
Sample board of bubble tea prices in China (with price range from $10 to
$15).
REFERENCES