asae.ic09.product panel.v3

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1 International Conference 2009 Products & Services Panel Jim Gurowka, Institute of Management Accountants Michael Michaud, CAE, American Society of Mechanical Engineers Christina Hale, Kiwanis International Howard Wallack, SHRM Peter Turner, MCI Group (moderator) Friday, March 6 th 1115-1215pm Connecting Great Ideas and Great People Rapidly Expanding Middle Class in Emerging Markets

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Page 1: Asae.Ic09.Product Panel.V3

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International Conference 2009Products & Services Panel

Jim Gurowka, Institute of Management AccountantsMichael Michaud, CAE, American Society of Mechanical EngineersChristina Hale, Kiwanis InternationalHoward Wallack, SHRMPeter Turner, MCI Group (moderator)

Friday, March 6th 1115-1215pm

Connecting Great Ideas and Great People

Rapidly Expanding Middle Class

in Emerging Markets

Page 2: Asae.Ic09.Product Panel.V3

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Panel Snapshot

Annual Conference, otherconferences, seminars,certification prep materials andcourses, e-Learning,membership

Beijing, China

Mumbai, India

China

India

Canada

$2.379million

! 4,528

! 143

! 1.8%

250,000SHRM

Annual convention, regionalconventions (Europe and Asia-Pacific) regional governancesupport, literature, magazine(limited), district officer andgrowth education

Office: Ghent,Belgium

Staff: Manila,Philippines, andHo Chi Minh City,Viet Nam

India

UK

$2.4 million! 60,000

! 90

! 24%

260,000KIWANIS

Annual conference,certification prep courses andmaterials, chapters, seminars.

Beijing, China

Dubai, UAE

China

MiddleEast

$4.2 million! 10,100

! 128

! 17%

60, 000IMA

Codes and Standards,Accreditation and Certification,Courses, Publications. AndJournals

Brussels, Belgium

Beijing, China

New Delhi, India

Europe,China,India

$70million(10 & 50% byproduct line);no overalldataavailable

! 20,000

! 160

! 15%

127,000ASME

Key Products/Services for non-

US members

Offices Outside

US

Target

Countries/

Regions

International

Revenue

(2008)

! Non-US

members

! # of

Countries

! % of total

membership

Total

Membership

Association

Topic Areas

! Sizing Market

Opportunities

! Product Development

! Portfolio

Performance

! Marketing & Sales

Page 3: Asae.Ic09.Product Panel.V3

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Sizing Market Opportunity

! How do you evaluate market potential ofa product for a given region?! Regional Economic, Business, Social,

Technical Trends

! Local Adoption of Standards/Practices

! Country Analysis

! Non-US Member/Customer Need

! Competitive Analysis

! Product Audit

Portfolio Performance

! What types of products do you offer to

non-US audiences?

! Do you track product sales by region,

country, etc?

Page 4: Asae.Ic09.Product Panel.V3

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Product Development

! When do you adapt product design to a

given region?

! How does this impact…

! Localization of content

! Internal process management

! Product delivery

! Product pricing

Marketing & Sales

! When you target a region how is your

product marketing campaign different?

! Localized value proposition

! Translation of promotions…

! What types of partnerships do you seek?

! What sales channels work best for you?

Page 5: Asae.Ic09.Product Panel.V3

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Lessons from the Road

! Mistakes you learn from…

For More Information

! Economist Special Report! http://www.economist.com/specialreports/displayStory.cfm?story_id=13063298

! Pew “Global Middle Class” Study! http://pewglobal.org/commentary/display.php?AnalysisID=1051

! Roy Adler Fulbright professor marketing

at Pepperdine University! http://www.miller-mccune.com/article/counting-on-the-middle-class

Page 6: Asae.Ic09.Product Panel.V3

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ASAE & The Center Study Mission

April 19-30, 2009

Singapore, Dubai, Abu Dhabi