An Assessment of The Opportunities for Entry into The Market for The Manufacturer of Promotional Products in Thailand

Given the expansion of promotional products industry worldwide for the past decades, this study assessed the attractiveness of the industry, specifically in Thailand, and identified the possibilities for new entrants into the market as manufacturers. Taking into account theories concerning industry...

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Main Author: Somchatvong, Laddaporn
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2009
Online Access:https://eprints.nottingham.ac.uk/22950/
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author Somchatvong, Laddaporn
author_facet Somchatvong, Laddaporn
author_sort Somchatvong, Laddaporn
building Nottingham Research Data Repository
collection Online Access
description Given the expansion of promotional products industry worldwide for the past decades, this study assessed the attractiveness of the industry, specifically in Thailand, and identified the possibilities for new entrants into the market as manufacturers. Taking into account theories concerning industry analysis, barriers of entry and supplier selection processes, semi-structured interviews were conducted in order to evaluate the industry and identify opportunity to enter the market. Findings suggested that there is high potential for growth in the promotional products industry in Thailand and that there are not any critical barriers of entry to the market. As a result, competition is high, with suppliers in the industry including domestic and international manufacturers, as well as those from other industries. In terms of supplier selection process, it is found that there are always opportunities for new suppliers, providing that they offer what customers demand, when they demand it. Creativity is considered as another criterion of supplier selection, alongside quality, price, and delivery time. Direct sales and website development are the most effective marketing tactics in the industry.
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spelling nottingham-229502018-02-16T21:36:05Z https://eprints.nottingham.ac.uk/22950/ An Assessment of The Opportunities for Entry into The Market for The Manufacturer of Promotional Products in Thailand Somchatvong, Laddaporn Given the expansion of promotional products industry worldwide for the past decades, this study assessed the attractiveness of the industry, specifically in Thailand, and identified the possibilities for new entrants into the market as manufacturers. Taking into account theories concerning industry analysis, barriers of entry and supplier selection processes, semi-structured interviews were conducted in order to evaluate the industry and identify opportunity to enter the market. Findings suggested that there is high potential for growth in the promotional products industry in Thailand and that there are not any critical barriers of entry to the market. As a result, competition is high, with suppliers in the industry including domestic and international manufacturers, as well as those from other industries. In terms of supplier selection process, it is found that there are always opportunities for new suppliers, providing that they offer what customers demand, when they demand it. Creativity is considered as another criterion of supplier selection, alongside quality, price, and delivery time. Direct sales and website development are the most effective marketing tactics in the industry. 2009 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/22950/1/Dissertation_Research_part.pdf Somchatvong, Laddaporn (2009) An Assessment of The Opportunities for Entry into The Market for The Manufacturer of Promotional Products in Thailand. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Somchatvong, Laddaporn
An Assessment of The Opportunities for Entry into The Market for The Manufacturer of Promotional Products in Thailand
title An Assessment of The Opportunities for Entry into The Market for The Manufacturer of Promotional Products in Thailand
title_full An Assessment of The Opportunities for Entry into The Market for The Manufacturer of Promotional Products in Thailand
title_fullStr An Assessment of The Opportunities for Entry into The Market for The Manufacturer of Promotional Products in Thailand
title_full_unstemmed An Assessment of The Opportunities for Entry into The Market for The Manufacturer of Promotional Products in Thailand
title_short An Assessment of The Opportunities for Entry into The Market for The Manufacturer of Promotional Products in Thailand
title_sort assessment of the opportunities for entry into the market for the manufacturer of promotional products in thailand
url https://eprints.nottingham.ac.uk/22950/