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Australian Precious Stones and Jewelry market exported to Japan

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Group Project Report: Australian Precious Stones and Jewelry to Japan TABLE OF CONTENTS 1.0 Executive Summary 02 2.0 Background 03 3.0 Business Environment 04 3.1 PEST Analysis 04 3.2 SWOT Analysis 06 3.3 Market Analysis 08 4.0 Alternative Market Entry Strategies 10 4.1 Objectives 10 4.2 Target Markets 10 4.3 Market Positioning 10 4.4 Marketing Entry Strategies 11 4.5 Marketing Mix 11 5.0 Planning and Assumptions 14 5.1 Projected Sales and Costs 14 5.2 Sensitivity 14 5.3 Contingency Plans 15 6.0 Implementation and Control Mechanisms 17 7.0 Business Conclusions 19 8.0 References 20 9.0 Appendices 21 1.0 Executive Summary The Australian jewelry industry is somewhat unique when compared to various others. One of the primary factors is that it enjoys a large natural resource base from which it can draw from to produce and manufacture its products. This is particularly true when it concerns precious and semi-precious stones such as diamonds, opals and pearls. As things stand, the Japanese market is one that appears to be significantly lucrative to enter for an Australian jeweler. In spite of the economic downturns facing the country, its economy is many times larger than the Australian economy thus ensuring that trade opportunities will continue to exist even in...

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