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Title: juice penetration in mexico
Essay Details
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Business |
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| Date: |
June 4, 2002 |
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| Length: |
11 / 2850 |
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Essay text:
Currently we see opportunity within the international market of Mexico, because of the high popularity of our brand within the US Hispanic community. Trade agreements under the North American Free Trade (NAFTA) also make exporting more cost effective than in the past... Showed first 250 characters
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Several distributors have approached us in regards to our product, which has helped us to further realize that profits exist out side of the US borders.
SWOT Analysis
SRENGTHS WEAKNESSES
· Strong existing national brand within the US especially among the Hispanic population· Dallas facility is within close proximity to US/Mexican border· Known demand for similar products exists within Mexico · No experience in International market entry· No familiarity with Mexican distributors· May have to educate consumer in regards to new flavors
OPPORTUNITIES THREATS
· Huge growth in Mexican juice market· Large youthful population· Growing middle class within Mexico· Diabetes within Mexico is forcing changes in drink consumption · Several US brands already exist within the Mexican Market· Mexican consumers are very loyal and hard to convert· Unfamiliar with market
Market Analysis Objective
A decision needs to be made to determine if entry into Mexican market is feasible... Showed next 250 characters
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