Diplomarbeit, 2003
65 Seiten, Note: 1,5
1. Introduction
1.1 Problem Definition
1.2 Objective
1.3 Methodical Approach
1.4 Definitions & Explanations
2. Theoretical Framework
2.1 Basics
2.2 Fundamental Elements
2.3 Integrated Strategic Planning – An Illustration
3. The Market Development Process
3.1 Targets
3.2 The British Market - Macro Surroundings
3.2.1 Market Characteristics
3.2.2 Politics
3.2.3 Regulations & Standards
3.2.4 Industry
3.3 The Extraction Technology Branch – Micro Surroundings
3.3.1 Market Size & Demand
3.3.2 Authorities Affecting Demand
3.3.3 Competitive Surroundings
3.3.4 Existing Distribution Standards
3.4 ESTA – A Characterisation
3.4.1 Company Profile
3.4.2 Products
3.4.3 Current Activities within the UK Market
3.5 SWOT Profile – An Interim Conclusion
3.6 Strategy Selection – Theory and Classification
3.6.1 Corporate Level
3.6.2 Business Unit Level
3.6.2.1 Generic Business Strategies
3.6.2.2 ESTA’s Business Strategy – Domestic and Abroad
3.6.3 Functional Level
3.6.3.1 Basic Marketing Strategy
3.6.3.2 The Marketing Strategy Path For ESTA
3.7 Marketing Planning – Basic Considerations for Implementation
3.7.1 Identifying Market Segments and Target Customers
3.7.2 Formulating a Product Strategy
3.7.3 Setting A Price Range
3.7.4 Establishing Distribution
3.7.4.1 Finding & Selecting Potential Sales Partners
3.7.4.2 Establishing a Relationship
3.7.5 Promoting the Development
3.7.6 Short – Term Schedule & Budget Estimation
4. Conclusion
The dissertation aims to provide a systematic, practical approach for the SME 'ESTA GmbH & Co. KG' to successfully develop its presence in the British extraction technology market by bridging the gap between strategic theory and operational reality.
3.7.4 Establishing Distribution
Having referred to the relevant aspects of segmenting the market, formulating a product strategy and suggesting on prices, yet, the greatest challenge for ESTA is to find the right partner in the UK. Selling extraction technology requires profound customer knowledge and comprehensive service. Overall it requires a real relationship with the market. In contrast, the company has chosen an indirect way of selling to the UK. Despite all the advantages of exporting to distributors such as limited risks and financial needs the disadvantage is mainly that ESTA is at the “mercy” of foreign distributors.
There are existing export partners in the UK but their performance remains unsatisfactory and there is no evident indication for a sales effort that justifies a stronger support by ESTA. Indeed, the main challenge is to find potential distributors that can be set above the existing contacts to serve them but more important to build up the market on a larger scale by being more aggressive, more focused and more reliable to ESTA.
This includes offering a comprehensive sales and service structure as well as the willingness to build up specific market knowledge in terms of customers, competitors and overall market trends and demands. Thus, the following section takes a look on the alternatives within direct export and provides a hands-on approach on how to successfully find, select and treat potential candidates for the sales task as described above.
1. Introduction: This chapter defines the problem, the objective of market development, the methodical approach, and provides essential definitions for the research.
2. Theoretical Framework: This section establishes the scientific basis by explaining the strategic planning process and the interdependency of corporate, business unit, and functional levels.
3. The Market Development Process: The main section of the paper, covering macro/micro analysis of the British market, internal company characterization, strategy selection, and practical marketing implementation steps.
4. Conclusion: The final chapter summarizes the findings and highlights the necessity of structured strategic planning combined with a courageous approach to international markets.
Market Development, Extraction Technology, International Marketing, SME, Strategic Planning, British Market, Distribution, SWOT Analysis, Differentiation Strategy, Export, Industrial Air Pollution, Sales Partners, Marketing Mix, Competitive Advantage, ESTA.
The work focuses on developing a systematic and practical market entry and development concept for the German SME 'ESTA GmbH & Co. KG' specifically for the British extraction technology market.
The themes include the analysis of the British economic environment, industry-specific market conditions, strategic planning methodologies, and the operational implementation of marketing and distribution strategies.
The goal is to transition the company from random, opportunistic export activities to a strategic, focused market presence in the UK through professional partner selection and marketing.
The author uses a strategic planning approach, integrating macro/micro environmental analysis (SWOT) with hierarchical strategy models to derive concrete operative actions.
The main part analyzes the UK as a target market, characterizes ESTA's internal capabilities, selects a differentiation strategy, and provides a schedule/budget for implementation.
Key terms include Market Development, Extraction Technology, International Marketing, SME, Strategic Planning, and Distribution.
ESTA faces challenges such as low name recognition, the need for high-quality local technical support, and the limitations of its existing, underperforming distributor network in the UK.
COSHH (Control of Substances Hazardous to Health) is a critical driver for demand in the UK, as it forces businesses to invest in extraction equipment to comply with environmental and work safety laws.
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