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Successful Industrial Product Company<br />

I would like to share my experience from 40 years<br />

of working in industrial marketing. I have found that, to be<br />

successful in growing industrial products in a global market,<br />

the company must develop its competitive edge over the<br />

competitors in eight areas.<br />

1. Build strong core-competency in three areas,<br />

Strong <strong>technology</strong> in the industry that we serve.<br />

Employees’ abilities, control systems, and<br />

culture.<br />

A strong technical marketing organization.<br />

2. Build a strong partnership in the total value chain.<br />

3. Have the ability to ensure congruence between its<br />

internal competency and external position.<br />

4. Develop great corporate strategies to stay in front<br />

of the competition.<br />

5. Build great marketers.<br />

6. Build a strong corporate image.<br />

7. Build business network along the value chain.<br />

8. Develop a strong marketing channel of distribution.<br />

Banja Junhasavasdikul, Ph.D.<br />

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