TABLE OF CONTENTS Marketing mix on BIDV operation
BIDV OVERVIEW APPLYING MARKETING MIX ON THE BIDV OPERATION 4
- Marketing mix on BIDV operation 5
- Product/Services 5
- Price 6
- Place 6
- Promotion 7
THE CO-BRANDED CREDIT CARD BIDV – MU DEFINE EXPORT STRATEGY TO RUSSIA FEDERATION
- Market research 11
- Macro- environment 12
- Micro environment 16
- Porter’s Five Forces Model 16
- SWOT 19
- Define the export strategy 22
- Target market 22
- Marketing Mix (4P) for export strategy 23
- Conclusion 26
- Reference 27
marketing in global environment
Integrating international economy is general trend in Viet Nam. Recent years, many economic achievements we have been developing are big and important devotions in accomplishing many business policies at present.
With the general development of social economy, the market of financial and banking field has widened strongly since years. The customers’s needs are being satisfied better by many new products and services. Beside the essential strengths such as saving account, traditional loan, the development of retail market has been become the potential market and estimate that can bring more profits in the future, especially in this difficult case.
Joint stock of Bank for Investment and Development in Vietnam (BIDV) aim to retail nearby recently is the top importance of development strategy. However, because the products of many banking competitors are likely, it cause the severe face up about the expenditures, even some banks are trouble of selling services at a extremely loss. These put BIDV in challenge that finding where to focus and how to change to become a realy moderning retail bank.
Attaching importance to simulate the trading card market is the service branch that gives customers many conveniences in payment as well as administrates their consumption. In 2012, BIDV has had many basic achievements in increasing guest market; develop new products and business strategy of card branch. In the end of 2012, BIDV cross-overed many competitors to own the monopoly authorization of issuing credit card Visa BIDV MU (brand joint ownership with Manchester United football club).
As the marketing CEO of BIDV, I recognize that BIDV MU visa credit card is a distint and special item for Manchester United’s fans. There are an extremely large numbers of MU’s fans all over the world, and arcording to MU’s datas from May 2012, these are about 659 milion fans, make up 1/10 world population, a record number.
To create more chances for expanding card market particularly and for retail banking products of BIDV generally, I concentrate to develop card products to foreign market, prior to Russia Federation.
Marketing mix on BIDV operation
-  Philip R.Cateora; Mary C. Gilly; John L. Graham. International Marketing. The fifteenth edition. Mc Graw.Hill Irwin
-  Ms. Anh Tho Andres. (2012). Teaching Material MBA program subject Marketing in Global Environment. UBIS
-  Porter, M.E. (1979). How Competitive Forces Shape Strategy. Harvard Business Review
-  Philip Kotler. (2002). Marketing Management, Milenium Edition. Pearson Custom Publishing. Boston
-  BIDV annual report 2012
-  Website
- www. vrbank.com.vn
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