Thailand Business Guide - UK Trade & Investment
Thailand Business Guide - UK Trade & Investment
Thailand Business Guide - UK Trade & Investment
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GETTING STARTED<br />
MARKETING<br />
To win over potential new customers in<br />
<strong>Thailand</strong> you will need to continually<br />
reassess your marketing strategy.<br />
Sales literature<br />
<strong>Trade</strong> shows and exhibitions have already been<br />
mentioned as ways of reaching potential new<br />
customers, but you still need to persuade them<br />
to buy your product. You will need to ensure<br />
that your sales literature is effective in English<br />
and, if possible, Thai and decide what kind<br />
of advertising is appropriate.<br />
Product and service adaptations<br />
You may need to adapt your product to<br />
meet Thai preferences or requirements in<br />
order to be able to sell it. Adapting to local<br />
regulations, tastes and cultural preferences<br />
vastly improves chances of success.<br />
Branding<br />
The Thai market for consumer products<br />
is brand conscious. New entrants to the<br />
market with a recognised brand may wish<br />
to consider some sort of product launch or<br />
press conference to announce their arrival<br />
in <strong>Thailand</strong>.<br />
Sales promotion<br />
Companies that appoint local partners can<br />
usually be guided by them with regard to the<br />
type of advertising and sales promotion that<br />
would suit the launch of their product(s).<br />
<strong>UK</strong>TI can advise on using the residence<br />
30<br />
of the British Ambassador in <strong>Thailand</strong> to<br />
announce the launch or presence of <strong>UK</strong><br />
goods and services in the country.<br />
Media<br />
Companies that can afford it may well<br />
wish to consider TV advertising as it still<br />
commands the widest reach to the mass<br />
market. Internet usage in <strong>Thailand</strong> is<br />
increasing rapidly, although penetration<br />
is still modest at 13 million internet users<br />
(against a population of 67 million), of<br />
whom just two million have broadband.<br />
Internet advertising and the use of the<br />
internet for purchasing goods are still in<br />
their infancy.<br />
Specialist consultancies can be appointed<br />
to develop a marketing strategy appropriate<br />
to your product and to the region of<br />
<strong>Thailand</strong> where it will be sold.<br />
Brochures and marketing campaigns<br />
should avoid religious symbols or satires<br />
of historically famous local figures, events<br />
or the local culture. Thai consumers are<br />
increasingly receptive to offbeat marketing<br />
campaigns and there has been a leap in the<br />
number of radically innovative advertising<br />
campaigns, but these should be conducted<br />
with caution.