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Market Entry To India:
Trade Agency Strategy Model
For
Manufacturers
Prakaash Govindasamy
Director
Viegreen Trading Pte Ltd
23 Apr 2014
Viegreen Trading Pte Ltd 1
Why India?
•High Growth Industries
•Hugh Population
•Increase in middle-income levels
•Increase exposure to globalization & westernization
•Good International Trade Relations
Viegreen Trading Pte Ltd 2
Challenges to
Manufacturers
• Finding reliable partners
• Bribery & corruption
• Culture differences
• Differentiation & diversity in Indian market
• Difficulty in handling customs & other government authorities
• Trade facilitation barriers
• Inexperience in market
• HR Deficiencies
• Financial Risk
• IP Risk
Viegreen Trading Pte Ltd 3
Market Entry Solution
For
India
Go small but impact more:
Viegreen Market Entry Solutions
•PEIS Framework (Precision, Efficiency, Integration, Synergy)
•Importer Targeted
•Direct Marketing Focused
•Collaborative & Co-Creation Model
•Unique & Adaptive to India
Viegreen Trading Pte Ltd 4
Key Success Factor
Precise Targeting Of Importers
•Targeting competent, reliable & credible importers
with good distribution networks
•Shortlist to only between 3 to 10 importers based
on our importer assessment & manufacturer’s
Target Market & PUR(Priority-Urgency-Relationship)
criteria
•Marketing & branding activities limited to only
shortlisted importers
Viegreen Trading Pte Ltd 5
Viegreen Market Entry
Solutions
Viegreen Trading Pte Ltd 6
Market Entry Strategies
• Niche & Precise
• No trial & error
• No number games
• Not dependent on buffer funds or capital inputs
• Get results within 6 months
• Opportunity to re-design strategy, products & processes for future
market expansion
• Pre-curser for long term success in market
Viegreen Trading Pte Ltd 7
Export Advantages
to
Manufacturers
• In-depth knowledge of Indian Market
• Ease of communication & accessibility with Viegreen Trading
• Market testing & product assessment
• Collaborative/co-creation opportunities
• Opportunities to value-add supply chain
• Market intelligence for adapting product design & packaging
• Trade facilitation assistance
• Incorporation of flexibility, adaptability & agility elements
• Risk mitigation to financial & IP matters
Viegreen Trading Pte Ltd 8
Market Entry
With
Viegreen Trading
• Import/Export company based in Singapore
• Incorporated in 2007
• Experience in Indian Market
• Good Importers Network in India
• Have appointed representatives in India
• Vast experience in International Market Entry Strategies
• Our Unique Market Entry Strategy crafted by our Director
Viegreen Trading Pte Ltd 9
Our Market Entry Process
Viegreen Trading Pte Ltd 10
Thank You
Please contact us for more information;
sales@viegreentrading.com

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Market Entry Solution for India: Trade Agency Strategy Model

  • 1. Market Entry To India: Trade Agency Strategy Model For Manufacturers Prakaash Govindasamy Director Viegreen Trading Pte Ltd 23 Apr 2014 Viegreen Trading Pte Ltd 1
  • 2. Why India? •High Growth Industries •Hugh Population •Increase in middle-income levels •Increase exposure to globalization & westernization •Good International Trade Relations Viegreen Trading Pte Ltd 2
  • 3. Challenges to Manufacturers • Finding reliable partners • Bribery & corruption • Culture differences • Differentiation & diversity in Indian market • Difficulty in handling customs & other government authorities • Trade facilitation barriers • Inexperience in market • HR Deficiencies • Financial Risk • IP Risk Viegreen Trading Pte Ltd 3
  • 4. Market Entry Solution For India Go small but impact more: Viegreen Market Entry Solutions •PEIS Framework (Precision, Efficiency, Integration, Synergy) •Importer Targeted •Direct Marketing Focused •Collaborative & Co-Creation Model •Unique & Adaptive to India Viegreen Trading Pte Ltd 4
  • 5. Key Success Factor Precise Targeting Of Importers •Targeting competent, reliable & credible importers with good distribution networks •Shortlist to only between 3 to 10 importers based on our importer assessment & manufacturer’s Target Market & PUR(Priority-Urgency-Relationship) criteria •Marketing & branding activities limited to only shortlisted importers Viegreen Trading Pte Ltd 5
  • 7. Market Entry Strategies • Niche & Precise • No trial & error • No number games • Not dependent on buffer funds or capital inputs • Get results within 6 months • Opportunity to re-design strategy, products & processes for future market expansion • Pre-curser for long term success in market Viegreen Trading Pte Ltd 7
  • 8. Export Advantages to Manufacturers • In-depth knowledge of Indian Market • Ease of communication & accessibility with Viegreen Trading • Market testing & product assessment • Collaborative/co-creation opportunities • Opportunities to value-add supply chain • Market intelligence for adapting product design & packaging • Trade facilitation assistance • Incorporation of flexibility, adaptability & agility elements • Risk mitigation to financial & IP matters Viegreen Trading Pte Ltd 8
  • 9. Market Entry With Viegreen Trading • Import/Export company based in Singapore • Incorporated in 2007 • Experience in Indian Market • Good Importers Network in India • Have appointed representatives in India • Vast experience in International Market Entry Strategies • Our Unique Market Entry Strategy crafted by our Director Viegreen Trading Pte Ltd 9
  • 10. Our Market Entry Process Viegreen Trading Pte Ltd 10
  • 11. Thank You Please contact us for more information; sales@viegreentrading.com