3. Average Monthly Exchange Rates 1998-2008
1
0.9
0.8
0.7
0.6
0.5
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
1 $ Canadian = x $ US
4. WH Plastics
Decision process is controlled (Family business)
Centralized focus on R&D and operations
Extensive product line
Global presence in a variety of industries
Customized, high quality, and service oriented
5. Industry
Widespread use
Highly competitive
Production efficiency is one of few differentiators
Corporate social responsibility; Green, recycling
High density of production facilities
Technology costs and upkeep are expensive
6. Your Customer
Appliance sector
Speed
Price
Quality
Aerospace and Military
Durability
Quality
Automotive
Timely
Price
Quality
Volume
Customer service
The mould gives the customer the upper hand
7. Problems
New customer and target market uncertainty
Exchange rate makes WH less attractive to US
customers
Downsizing
Lack of Chinese market know-how
Uncertain expansionary path
10. Trade shows
Attend trade shows globally
Demonstrate physical superiority of WH
products
Build network in the community
Gain insight into future trends
Estimated annual cost = $100,000
11. Online Presence
Target the most likely customers
Cost Per Impression (CPM)
Cost Per Click (CPC)
Purchase Rate
Traffic weighted budget
15. Month
3 6 9 12 15 18 21 24
Develop list of keywords
Interview for trade show delegates
Look for agent in China
Implement initial online ads
Attend trade shows
Monitor and adjust budget