International Market Research Skills & Resources Ania Dymarz adymarz@sfu.ca Mark Bodnar mbodnar@sfu.ca Contrasting “good” sources Compare Pet Care in China in Marketline report via Business Source and in Passport GMID Differences in numbers? Differences in analysis? Why? Which one is right? Business Information $$$ Big name analysis Below + analysis Aggregated information + gaps filled with primary research Aggregated and incomplete information Dispersed and incomplete information Business Info - Issues Issues below (again) $$$ analysis + analysis Issues below, plus… Expertise Experience Track record + primary research Issues below, plus… Methodology Aggregated Varying definitions Varying quality Gaps Dispersed Lateral Thinking #1 Coming up with good questions If you were researching the market for pet toys in China, what would you need to look for? Consumers / Competitors / Economy? Lateral Thinking #2 Filling in the gaps with inferences & estimates If you were researching the distribution system for pet toys in China, and couldn’t find anything… what else could you search for that might help you make an estimate? Lateral Thinking #3 Making new connections with seemingly unconnected information Rising disposable incomes + Dropping mobile phone manufacturing costs + Existing infrastructure problems = Leapfrogging to mobile phones in India See also: In India, a push for acceptance when the grandparents move out (G&M) Practice From your readings: >> Lords of the rings; the journey of an Indian onion. (2013, Dec 14). The Economist, 409 , 73-74. Retrieved from http://search.proquest.com.proxy.lib.sfu.ca/docview/ 1468417374?accountid=13800 •What does this article tell you that might be useful to a marketer considering selling something into India even if the proposed product wasn't onions? Resources Deep and broad info needed? •Books and eBooks! Samples… o o o o o Diversifying retail and distribution in Thailand Handbook of Islamic marketing Consumer-citizens of China : the role of foreign brands in the imagined future China Africa rising : how 900 million African consumers offer more than you think India by design : the pursuit of luxury and fashion •Start with our International Market Research guide for subject search suggestions Resources Skills for survival when viewing hundreds of resources? •Have filters ready: oWhat countries does the resource cover? oWhat questions does it answer? oWhat is surprising about it? •Start with our International Market Research guide Questions? • Chat • Text • Email • Phone • In person