Reference no: EM132239538
Gather information about Brazil and how you would market a biofuel product into the market there. (the following points will serves as a guide to what points need to be answered)
V. Preliminary Marketing Plan
Information gathered in guidelines I through III serves as the basis for developing a marketing plan for your product or brand in a target market. How the problems and opportunities that surfaced in the preceding steps are overcome or exploited to produce maximum sales and profits are presented here. The action plan reflects, in your judgment, the most effective means of marketing your product in a country market. Budgets, expected profits and losses, and additional resources necessary to implement the proposed plan are also presented.
Guideline
a. Marketing objectives
i. Target market(s) (specific description of the market)
ii. Expected sales 20__
iii. Profit expectations 20__
iv. Market penetration and coverage
b. Product adaptation or modification – Using the product component model as your guide, indicate how your product can be adapted for the market.
i. Core component
ii. Packaging component
iii. Support services component
c. Promotion mix
i. Advertising
(1) Objectives
(2) Media mix
(3) Message
(4) Costs
ii. Sales promotions 1. Objectives ?2. Coupons 3. Premiums 4. Costs
iii. Personal Selling
iv. Other promotional methods
d. Distribution: From origin to destination
i. Port selection
(1) Origin port
(2) Destination port
ii. Mode selection: Advantages and disadvantages of each mode
(1) Railroads
(2) Air carriers
(3) Ocean carriers
(4) Motor carriers
iii. Packaging
(1) Marking and labeling regulations
(2) Containerization
(3) Costs
iv. Documentation required
(1) Bill of lading
(2) Dock receipt
(3) Air bill
(4) Commercial invoice
(5) Pro forma invoice
(6) Shipper’s export declaration
(7) Statement of origin
(8) Special documentation
v. Insurance claims
vi. Freight forwarder?If your company does not have a transportation or traffic management department, then consider using a freight forwarder. There are distinct advantages and disadvantages to hiring one.