T

June 17, 2025

  • following minimum wage is sometimes unethical even if its the law

    • legal vs ethical

  • sector that violates environment, politics, basic human rights

    • Mining

  • market opportunity assessment

    • market entry strategy plan

breadth and scope of foreign market research

  • general information

  • information necessary

knowledge pyramid

  • knowledge and insights - information and intelligence that have been processed

    • derived from information and intelligence. validate further w primary research

  • information and intelligence - facts, figures, and information that have been organized around a theme

    • basic info. dont overcomplicate

  • data - raw facts, figures, and information

sequential process of researching foreign market potential

  1. primary screening for attractive country markets

    • GDP, population variables, income growth

  2. assessment of industry market potential

    • is the industry big enough to accommodate a new player?

    • info abt indiv market

      • market size growth rate

  3. company sales potential analysts

    • select appropriate markets - demand-supply pattern, distribution structure, regulations

country markets screening

  • market size

    • population

    • population growth

    • amount of energy produced and consumed

  • market growth rate

    • growth in GDP

    • growth in energy consumption

  • market intensity - how rich and how poor a country is

    • GDP per capita = gdp / population

    • gdp per capita at purchasing power parity

    • gdp indicates buying power

  • market consumption capacity

    • estimate spending capacity

  • GDP per capita vs GDP at PPP

    • gdp per capita - anong mabibili ng 1k mo sa ex. vietnam vs PH

  • commerical infrastructure

  • market receptivity

    • market openness

Sources of secondary international data

  • international organizations

  • government agencies

  • industry and trade associations

  • service organizations

  • internet


activity:

basic marketing indicators

  • if little price, go for bigger population

  • if high price, bigger gdp per capita