Recommendations of Renaults Logan Car: Managing Customs Duties For A Global Product Case Help

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Recommendations of Renaults Logan Car: Managing Customs Duties For A Global Product Case Study Solution

On the basis of above internal and external analysis of the company together with the evaluation of numerous alternatives, the business is advised to consider alternative 3. As alternative 3 would permit the business to expand in international markets without any reduction in its regional earnings and any deterioration of its market position. By considering Alternative 3, the company could maintain its store experience and brand name individuality. It could also think about alternative 2 that might permit the business to access the markets without any prospective investment. Although, the business could pursue alternative 1 which would make it possible for the company to concentrate on possible worldwide markets rather than the regional markets however as the company is highly based on the regional markets with 90% of its stores in the US, there fore pursuing option 1 would lead to the significant decline in company's earnings. For that reason, the company is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Renaults Logan Car: Managing Customs Duties For A Global Product Case Solution Stores

The business has a long term market position in United States which can not be created soon in the new markets. The alternative would assist the company to expand in worldwide markets along with the removal of concerns raised in its regional markets related to its variety.

Pros:

• Exploration of brand-new global markets.
• Boost in revenue from international markets.
• Removal of issues related to variety.
• Earnings diversification.
• Step towards being a strong global brand.

Cons:

• Loss of extensive incomes from the regional markets.
• Increase in competitors.
• Distinctions in cultures could caused a failure of the brand especially in Asian countries.
• Low incomes at initial levels.
• Increase in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Renaults Logan Car: Managing Customs Duties For A Global Product Case Help Stores

Alternative 2 consists of the intro of online market places through creating a proper business's site. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. might present a severe danger to the market share of company. The competitors are moving towards click and Recommendations of Renaults Logan Car: Managing Customs Duties For A Global Product Case Solution shops with Gap introducing Piperline. This shift towards online markets might minimize the incomes for company. In this circumstance the company could consider presenting Click and Recommendations of Renaults Logan Car: Managing Customs Duties For A Global Product Case Solution stores. These shops with a low requirement of funds to settle would make it possible for the company to reach global markets, without ending its domestic stores. The advantages and disadvantages of option 2 are offered as follows;

Pros:

• Low investment
• Reducing competition risk
• Access to the world markets
• Expanding consumer base
• Easy to handle
• Large Profits
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Hazard to the market position
• Elimination of brand name Individuality
• Removal of the excellent store experience.
• Danger of decrease in elite sales.

Alternative-3: Expansion towards International Markets Without closing Domestic Stores

Another alternative that the company could consider, is to expand towards the global markets without closing its domestic stores that adds to the major part of profits of the business. The pros and cons related to Alternative 3 are provided below;

Pros:

• Reducing competition threat
• Access to the world markets
• Increasing the size of customer base
• Large Profits
• Expedition of brand-new worldwide markets.
• Boost in revenue from worldwide markets.
• Profits diversification.
• Step towards being a strong global brand name.

Cons:

• Extension of problems related to diversity.
• Distinctions in cultures might caused a failure of the brand name particularly in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenditures to get market share.



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