Bachelor thesis: Martijn de Ridder

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Bachelor thesis: Martijn de Ridder

Bachelor thesis: Martijn de Ridder

This text is a summary of the Bachelor thesis of Martijn de Ridder, which was conducted at the University of Twente. The thesis focuses on the characteristics of a successful marketing strategy for Indian software companies to enter the Western-European market.

Questions

  • What are the characteristics of a successful marketing strategy for Indian software companies to enter the Western-European market?
  • What are the important aspects of market selection for Indian software companies?
  • What are the important aspects of entry mode selection for Indian software companies?
  • What are the important aspects of operationalizing the market strategy for Indian software companies?

Answers

  • The characteristics of a successful marketing strategy for Indian software companies to enter the Western-European market include:
    • Having a strong relationship with partners in the Western-European market.
    • Having a high level of internationalization.
    • Using the internet to establish and maintain relationships with partners.
  • The important aspects of market selection for Indian software companies include:
    • The number of relationships in a market.
    • The psychic distance to a market.
  • The important aspects of entry mode selection for Indian software companies include:
    • Relationships.
    • The level of internationalization.
  • The important aspects of operationalizing the market strategy for Indian software companies include:
    • Establishing and maintaining relationships with partners.
    • Using the internet to communicate with partners.


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