We are working on new market entry strategy since last few years in India .The need of a solid new market entry decision is an integral part of a global market entry strategy. New market entry decisions will heavily influence the firm’s other marketing-mix decisions.
Global marketers have to make a lots of decisions regarding the entry mode which may include:
· The target market/product.
· Key points of the target markets.
· The mode of new market entry.
· The time of market entry.
· A marketing-mix plan.
· Forming a control system, for checking the performance in the newly entered markets.
choosing decision Criteria for Mode of Entry:
· Market Size and Growth.
· Risk.
· Government Regulations.
· Competitive Cultural/Environment Distance.
· Local Infrastructure.
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