going global

    Project: It is commonly known that the United States is over saturated with retail stores. If retail stores want to increase market-share then they often look outside the domestic market to foreign markets to increase profit. However, opening a retail store in a foreign market can be a challenging and daunting task for retailers.

    For the final project, you will imagine that you are pitching a global expansion plan to a group of stakeholders and you are seeking their financial investment in your plan. Your pitch will include selecting a domestic fashion retailer to enter the foreign country in which you completed in your Country project. It is essential that your retailer be solely domestic and currently not participating in global business. The retailer you select does not have to specialize in only apparel but should have some affiliation with apparel. Choose wisely. You must provide substantive justification regarding your choice and provide rationale based on your research from your Country project and for this project. You should be able to support your decision based on facts. Your final project must include the following content (Please see the rubric below):

    Total : 60pts

    Retailer Analysis: 20pts

    Retailer Information

    Ownership type (i.e., sole proprietorship, corporation, LLC, *stockholders)

    *If stockholders, identify the stock market and current stock price

    Identify the retailer’s headquarters?

    Number of stores

    Number of employees

    Channel distribution (i.e., online, catalog)

    Major product categories and assortments

    Price points (i.e., range (good, better, & best).

    Identify and describe the domestic target customer

    Demographics (i.e., income, education, gender, age, socio-economic status)

    Psychographics (i.e., lifestyle, likes and dislikes, attitudes, motivation to buy)

    Retailer SWOT Analysis

    Strengths

    Weaknesses

    Opportunities

    Threats

    Justification: 20pts

    Identify and explain the initial location for the retail store (i.e., city)

    Explain why this retailer is a potential candidate for the foreign market

    Explain why this country is a potential candidate for the retailer

    Identify and explain the method of entry (i.e., franchise, joint-venture, licensing, ownership)

    Potential barriers to entry (i.e., trade restrictions, legal issues)

    Domestic vs. Foreign Market Comparison: 20pts

    Explain the similarities and differences of the brand in both markets

    Explain the similarities and differences of the target customer in the foreign market

    Create 1 customer profile board for the domestic market

    Create 1 customer profile board for the foreign market

    Explain why the foreign customer will adopt the brand

    Paper Format:
    Times New Roman, 12 pt. font
    1” margins
    Wide variety of sources
    APA format for bibliography
    Minimum 10 pages double spaced (w/o any visuals)

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