Export Mktg. PPT Slides (18!10!2020) (Dr. DHOND)
Export Mktg. PPT Slides (18!10!2020) (Dr. DHOND)
Export Mktg. PPT Slides (18!10!2020) (Dr. DHOND)
1
2
3
Introduction to Export Marketing
4
5
6
7
8
9
10
International Marketing
Export Marketing
Import Marketing
International Marketing
11
12
13
14
15
16
17
18
19
20
21
22
23
24
STEPS IN EXPORT PROCEDURE
STEP 1: Enquiry
STEP 2: Proforma Invoice to the Buyer (Importer)
STEP 3: Order placement
STEP 4: Order acceptance
STEP 5: Goods readiness & documentation
STEP 6: Goods removal from works to the Port, following the Application for Removal of Exports
(ARE) procedure
STEP 7: Documents for Clearing & Forwarding (C & F) agent / Custom House Agent (CHA)
STEP 8: Customs Clearance - ‘LET EXPORT’ endorsement on the shipping bill
STEP 9: Document Forwarding
STEP 10: Bills negotiation
STEP 11: Bank to bank documents forwarding
STEP 12: Customs obligation discharge - Central Excise authorities
STEP 13: Receipt of Bank certificate - Reserve Bank 25
Export Quotation
= FOB + FREIGHT
= ([Cost + Profit + Local Transportation Cost + Loading/Unloading Charges] – Export Incentives) + FREIGHT
= C&F + Insurance
= ([Cost + Profit + Local Transportation Cost + Loading/Unloading Charges] – Export Incentives) + Insurance + FREIGHT
• 1. FOB: Responsibility until cargo loaded on • 1. FOB: Pay Freight & Insurance
board the vessel at the “Port of Origin”. Premium.
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
“EXPORT OR PERISH” ……. Slogan by Jawaharlal Nehru in 1960’s
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
Export Promotion Institutions set-up in
India
74
Export Marketing
Export Marketing
75
76
77
Standard Exhibition Booth Shell Scheme Exhibition
Stands
78
(I) Major steps of Trade Fair Participation-
Preparation Before participation in Trade Fair
1. Collection of desired information – 2. Planning & Budgeting
a) Information about the fair – Venue, date, time, 3. Booking of the stand –
application fees, last date, insurance & security a) Shell scheme.
arrangements.
b) Individual designed stand.
4. Planning for stand design.
b) Market information – Customer requirement, stalls,
packaging, legal requirement, duties taxes, channel of 5. Developing sampling range
distance, advertising. 6. Deciding price.
7. Promotion of visitors.
c) Transport – Shipping schedules, costs, customs, 8. Arrangement for display & literature (technician)
documentation. 9. Arrangement for transport, travel & stay.
10. Staff briefing.
d) Travel – Passport, people with goods & 11. Application for visa.
representatives, Hotel etc.
12. Purchase of foreign exchange.
79
(II) Major steps of Trade Fair
Participation- During the Trade Fair
1. No on the spot sale but to initiate relationship.
2. This happens by behavior at stand.
3. Behavior must be in Professional Manner.
4. Staff should be qualified & knowledgeable about the product.
5. Do not buy for products value but also buy for added values of the seller.
6. Formulas, be on time, name badge, be clear, body language.
7. Do not block clients.
8. No gossip.
9. Offer drinks, seats available.
10. Be realistic, polite.
80
(III) Major Steps of Trade Fair
Participation- After the Trade fair
Follow up action:
1. To be success make follow-up, client place visiting, emails, touching
them frequently.
2. Timely giving them emails of new offers or detail about new product
launching.
81
82
83
84
International Marketing Mix
Philip Kotler – The Great Marketing Guru
85
86
87
88
89
90
91
92
The Importer-Exporter Code (IEC) is a key business identification number which is mandatory for
Exports or Imports.
93
Welcome to Management Lecture Series
94