Strategic Marketing and International Expansion. Li Ning's Entry into ...

Case Study from the year 2024 in the subject Business economics - Offline Marketing and Online Marketing, grade: A, , language: English, abstract: This study explores Li Ning’s strategic marketing approach for its potential expansion into the South American market, with a focus on Brazil. Employing comprehensive market analysis, the research evaluates economic stability, regulatory frameworks, market size, and cultural receptivity across Brazil, Mexico, and Argentina. Brazil emerges as the most viable entry market, attributed to its large consumer base, cultural affinity for sports, and growing middle class. A strategic marketing plan is proposed, incorporating a joint venture as the preferred entry mode, emphasizing brand recognition, and leveraging eco-friendly innovation and digital strategies. SMART objectives target a 5% market share within three years and 80% brand recognition within the first year. Challenges such as regulatory complexity and competitive pressures are addressed through tailored recommendations, including influencer partnerships and value-based pricing. The study underscores Li Ning’s potential to establish itself as a significant player in Brazil’s dynamic sportswear market.