How to enter Japan's retail market. Expert's insights. Part 2.
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The podcast explores strategies for foreign companies, particularly Ukrainian businesses, to successfully enter the Japanese retail market. Rupert Sutton, a director at Weebin Partners with extensive experience in Asian and European marketing, advises companies to target specific consumer segments, using the example of the pet food market where a small percentage of owners account for significant sales. He cautions against relying solely on distributors due to high margins and lack of marketing expertise, suggesting direct sales to chains or partnerships with Japanese food companies. Sutton recommends focusing on the food service channel initially due to the presence of international companies open to foreign suppliers and Ukraine's abundance of raw materials. He also highlights the importance of trade shows and leveraging embassy support for networking.
Part 1: Market Targeting and Distribution Strategy
Part 2: Sales Propositions and Financial Planning
Part 3: Market Entry Channels and Tactics
Part 4: Resources and Conclusion
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