ppt export management

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    The term export is derived from the conceptual

    meaning as to ship the goods and services out of the

    port of a country.

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    The seller of such goods and services is referred to as

    an "exporter" who is based in the country of export

    whereas the overseas based buyer is referred to as an

    "importer".

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    International Trade, "exports" refers to selling goods

    and services produced in home country to other

    markets.

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    Any good or commodity, transported from one country

    to another country in a legitimate fashion, typically for

    use in trade.

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    Export goods or services are provided to

    foreign consumers by domestic producers.

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    SCOPE

    Increase in the volume of foreign trade.

    It is the increase in the value or volume of trade over

    the years. In 1950-51 the total value of our foreign

    trade (including imports and exports) was only Rs.1251

    crore. This has increased to $225.4 billion.

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    Increase in Manufactured items

    The export of unconventional goods such as chemicals,

    machinery, transport equipments etc., is on the

    increase.

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    Broad based expansion

    The diverse development of our economy has paved the

    way for the export of new goods and services. Before

    independence only 50 items found place in our export list.

    Now more than 3000 items have been included in the

    export list. Eg. Engineering goods, iron and steel, iron ore,

    chemicals etc.

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    Services

    India has emerged as one of the important service

    exporters in recent years. For India, services account

    for 53% of GDP and 35% of total exports. Eg. IT, IT-

    enabled services and BPO, KPO etc.

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    Intra-Industry Trade

    It refers to the trade between the countries in the

    products of the same industry. For example, a country

    simultaneously exports and imports steel, exports and

    imports motor cars, etc.

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    FUNCTIONS

    Identifying the new market

    Identifying the trends in the international market

    Experiencing the international market

    Foreign Direct Investment

    Balance of payment

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    ROLE OF EXPORT IN ECONOMIC DEVELOPMENT

    Increasing specialization and the spillover effects of the

    export sectors growth

    Greater capacity utilization

    Utilization of modern technology leads to greater

    production

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    Increasing effects of economies of scale,

    industrialization and import of capital goods.

    Benchmark of a countrys sustained growth in the year

    1999 $33.20 US Dollars Billion and in the 2010 $

    225.4 US Dollars Billion.

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    Enhanced core-competencies and capabilities of

    business- agricultural products, cereals, fruits and

    vegetables, processed foods, marine products, gem and jewellery, engineering goods, software, IT and IT

    enabled services, consultancy, financial services,

    tourism etc.

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    PLANNING FOR EXPORT

    The emergence for planning for export is there now a

    day, because of the trends.

    Globalization enhanced the scope of business to face

    the world as a market place.

    Pace of technological development and R&D centers

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    Internet and telecom technology advances

    Knowledgeable market- competitors and customers

    Demand for human resources or human capital without

    national boundaries or borders

    Service Industries are developing fast in all the international

    markets.

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    Design and execute effective and appropriate market

    programmes

    International Marketing is a Costly Process. It is not an

    extension of the domestic market

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    More than 50% of Indias exports are to developed

    countries and they are planning towards a large

    country like India- Hidden agendas to face future

    competition.

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    Identify new opportunities and increase trade on the one

    hand, and on the other hand study the regulations and

    new barriers with will come up in the various countries,

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    MARKET ANALYSIS

    Marketing Process

    International Marketing is, an effort to find a global customer

    whose needs can be satisfied by an exporter in a way better than

    the competitor, and coordinating the entire marketing activities

    consonance with the rules and regulations of both the countries

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    o Needs of a global customer

    o In a way better than competitor

    o Coordinating Market Activities

    o Follow the rules and regulations of both the exporting

    and importing country.

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    International Trade- steps

    Survey of the Market

    Decide on Market Product Configuration

    Draw up a Marketing Strategy and Plan

    Implement the Market Plan

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    o Distribution

    o Promotion

    o

    Packaging

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    New Product Planning for Export Markets

    Need and Importance

    Research

    Market Study

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    Designing Products for the Export Market

    Branding

    Packaging

    Labeling

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    Product Positioning in Overseas Markets

    The way how the product will be projected,

    Differentiated from other competitive products,

    Buyers perception

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    Product Life-Cycle

    o Marketing Mix

    Product

    Price

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    Promotion

    Place

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    Agent

    Commission Agent

    Sole Distributor

    Sole Importer

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    Del Credere Agent

    Retail Agents