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8/8/2019 Dip Pin Dots
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A JOURNEY INTO TAIWAN
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THE ICE CREAM OF THE FUTURE
Dippin' Dots are tiny beads of ice cream, yogurt,sherbet and flavored ice.
Inventor Curt Jones used cryogenic technology toas ree e w u n rogen e ce cream
to lock in flavor and make the tiny beads.
Must be stored at -50F to avoid melting together.
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THE ICE CREAM OF THE FUTURE
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OCATION, OCATION,LOCATION
Domestically: Nearl all ma or metro olitan cities.
Amusement Parks, Shopping Malls, Fairs,
Festivals, Movie Theatres, Stadiums and Arenas. Stores, Kiosks and Vending Machines.
Internationally:
Cana a, Kuwa t, Austra a, Co um a, Mex co,Honduras, Panama, The Netherlands, Indonesia,
and coming soon to Taiwan!
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TargetingTAIPEI
&
KAOHSIUNG
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REPUBLIC OFCHINA TAIWAN
a wanese cu ure s a un que m x ure o
traditional/contemporary, Eastern/Western,local/foreign cultures.
,and social facets of this country have evolvedto include mainstream arts, culture, and
trends.
Population in ROC close to 23 million in2007.
Our target audience has grown to nearly 73%
o t e country s popu at on! Mandarin, the official language, is widely
used & understood.
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REPUBLIC OFCHINA TAIWAN We are currently testing our
pro uc w oca s an our s sat the 2009 World Games.
global economic crunch.
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LEGAL / ETHICAL CHALLENGES The largest hurdle that we face in this venture stems from
trans at on nterpretat on o t e oca govern ng aws, ut
the Taiwan Relations Act (Public Law 96-8) approvedApril 10, 1979; aids in a peaceful and stable interaction
etween countries.
,and we have many Taiwanese businessmen/women onour staff. They bring homeland strategies to our company
.
The ROC encourages US interaction.
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POLITICAL / ECONOMIC RISKMany emerging countries are tying to break the
habit of shady deals and backroom politicsthat only benefit a few. Taiwan is no different.
s ng our own
distribute the product from South Korea, so ourrisk is primary on location, start up and salaries.
We will adhere to Taiwanese labor laws andcontr ute to t e man atory percentages or
wages & benefits.
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CULTUREGeert Hofstede Cultural Dimensions Comparison
Taiwan USA Comparison
Power
DistanceIndex (PDI)
55 37 Power & inequality is higher than the US
Individualism
(IDV)12 91
ThehighIDVrankingfortheindicatesasocietywithamoreindividualisticattitudeandrelativelyloosebondswithothers.American focus on more
individual. Taiwanese more focus on.
Masculinity(MAS)
41 59 The is more masculinity than
Uncertainty
Avoidance 66 41
People in can accept uncertain
environment less. American more can
accept the uncertain cultures and are
Index (UAI) more tolerant of opinions different from
what they are used to.
Long-Term
Orientation
(LTO)
83 25
People in think more about future (long-
term) interest. American thinks more about
the present (short-term) interest.
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CULTURE CONT. As with other parts of the world, the Taiwanese citizen
en oys ce e rat ng e. s s present t oug t e r
creative use of colors and art.
Through Buddhism (Taiwans largest religious
community), it is further enforced that life is beautiful.
enjoy their food.
It s common or t em to scuss oo an s are t e ropinions about places to eat.
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ACCOMPLISHING THE GOAL Utilizing Dippin Dots existing Franchising strategies
a ong w t t e r nternat ona us ness mo e s, we w
be able to infuse ourselves into Taiwan with minimalhurdles.
We have 2 teams (1 in Taipei & 1 in Kaohsiung) taking.This will help with hiring local labor thus maintaining agood alliance with the country.
A key factor to our success is having created this jointventure with a Taiwanese business people.
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ADVERTISING / PROMOTIONS
Broad-based media
Television Radio
Newspaper circulars
Print Internet advertising
Email marketing
Loyalty programs
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THE FUTURE IN TAIWAN We hope that our
efforts will excel andignite growththroughout thecountr and ex andinto Mainland Chinaas well.
us to create amanufacturing plant
supplying product tothe Asian markets.
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