Internationalisation: analysis of Joe & The Juice in Australia
Jenny J. Ly
Abstract
Jenny J. Ly
Abstract
The purpose of this research is to identify the market prospects and obstacles for Joe & The Juice to enter in the Australian market, focusing on expansion and entry modes. The emphasis is on internationalisation strategy from a strategic point of view while presenting an in-company project in collaboration with the Joe & The Juice organisation. A current market analysis has been conducted in order to see if the Australian market is attractive for the organisation based on its brand perception and image. In order for the organisation to establish its activities and business operations an attempt has been made to identify the dynamics contributing to a successful entry. A fitted marketing strategy with recommendations for the organisation to adapt to the foreign industry and a proposed Business Model Canvas based on a SWOT and strategic analysis are exhibited. In order to serve this purpose, a qualitative research is conducted consisting of primary data in the form of in-depth interviews provided by senior executives in the industry. Through this research, we can determine that an internationalisation process is a resource commitment implying the understanding of entry mode decisions, the objectives of driving the operation and reasons defining target groups.
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The purpose of this research is to identify the market prospects and obstacles for Joe & The Juice to enter in the Australian market, focusing on expansion and entry modes. The emphasis is on internationalisation strategy from a strategic point of view while presenting an in-company project in collaboration with the Joe & The Juice organisation. A current market analysis has been conducted in order to see if the Australian market is attractive for the organisation based on its brand perception and image. In order for the organisation to establish its activities and business operations an attempt has been made to identify the dynamics contributing to a successful entry. A fitted marketing strategy with recommendations for the organisation to adapt to the foreign industry and a proposed Business Model Canvas based on a SWOT and strategic analysis are exhibited. In order to serve this purpose, a qualitative research is conducted consisting of primary data in the form of in-depth interviews provided by senior executives in the industry. Through this research, we can determine that an internationalisation process is a resource commitment implying the understanding of entry mode decisions, the objectives of driving the operation and reasons defining target groups.
Key concepts: Internationalization, Business, International trade