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Research on the Internationalization Strategy of Chinese Enterprises

2018-12-31 00:00:00BeiQin
中國國際財經(jīng) 2018年20期

Abstract:This study describes the successful experience of Huawei enterprises and hopes to provide theoretical and practical value suggestions for other large and medium-sized enterprises in China, and to go smoothly to the world.

Keywords:Internationalization; Chinese Enterprises; Huawei

1. Introduction

The past 20 years have seen a massive redistribution of economic power to the emerging economies. Emerging economies, particularly since the financial crisis in the developed Western economies of the US and Europe, are now the driving force behind much of the world's economic growth and trade, consuming 75 percent of the world's steel, buying over 50 percent of the world's cars responsible for 50 percent of retail sales worldwide.

2. Literature Review

2.1 Research on Brand Internationalization of Foreign Brand

The term “brand” and “trademark” originally meant the symbol of class division in medieval horses, cattle and sheep. Consumers can screen consumers' favorite products or services according to their own needs through personalized needs. The company will absorb new knowledge from all over the world. The internationalization of the brand can enhance the competitiveness of the enterprise and improve the overall competitiveness of the enterprise. innovation.

2.2 Research on Brand Internationalization of China Brand

With the booming market economy, China began to grow rich in the 1980s. Wang Xiaojuan and Liu Shijin believe that the Chinese economy has bid farewell to the \"shortfall\" era, and brand products are conducive to the adjustment of state-owned enterprises and economic structure, thereby promoting the transformation of the economic system. These changes are due to China's beginning to enter the brand strategy is a powerful lever to achieve economic restructuring and economic growth, quality and brand competition.

3. Overseas Development of Huawei

3.1 Introduction of Huawei

Huawei (Huawei Technology Co., Ltd.) is a private communication technology company established in 1987 in Shenzhen, China. Its main direction is to manufacture and sell communication equipment.

3.2 Overseas Development Strategies of Huawei

3.2.1 Product strategy

Customer-centric is the core of Huawei's product strategy. Ren Zhengfei once said that serving customers is the only reason for the existence of Hua Wei. In fact, serving customers is not only the only reason for all companies, but also the only reason for Huawei's existence.

3.3.2 Price strategy

In fact, in the early stages, Huawei's technical strength was not as strong as today. However, today's Huawei development is booming. Its success is mainly due to thestrength of market development and technological innovation. This is because it must strive for development opportunities for itself and adopt a cooperative competition strategy of “from easy to difficult”, just as we are at the end. Mentioned in the two sections. In the implementation of these strategies, Huawei also adopted a low-cost strategy for overseas expansion, just like most Chinese companies.

3.3.3 Place strategy

Huawei's channel strategy is more flexible, in fixed network and mobile network on the channel construction of China's experience, and proper development agency, in the aspect of Internet product (router) learning cisco's marketing model, marketing, distribution model is more perfect, however, direct marketing, e-commerce has a big gap compared with cisco.

3.3.4 promotion strategy

Huawei company in advertising and image is more conservative, in addition to Huawei terminal products, outside the more sufficient public media advertising, business and other products, corporate image promotion behavior rarely. Huawei has invested a lot of manpower and resources in these exhibitions, as an important opportunity platform to promote the company's image and promote new technologies and products.

4. Recommendations to Overseas Development of Chinese Enterprises Based on Huawei

4.1 Develop an Overall Planning and Arrangement

Companies must clearly think about why they want to go global, what they can offer in the international market before they start overseas, and where is the starting point for your global business. One of the good ideas is to directly tap talents with relevant experience, which will help companies to go global. On the other hand, don't just learn from other people's experiences and practices, but go global for the trend of “going out”.

4.2 Improve the Level of Internationalization of Talent

On the one hand, in order to meet the requirements of enterprises to go global, Chinese companies can also establish their own training centers, improve their ability and train employees. On the other hand, in order to cultivate talents with the skills and skills required for overseas development of the company, a strategy has been developed for Chinese companies to cooperate with universities and research institutions.

4.3 Improve RD Investment Intensity and Emphasize

Like most Chinese companies, Huawei also did not perform well in basic research investment. Fortunately, Huawei's basic research, by analyzing its weaknesses, adopts a proactive strategy to make things better. With Huawei's determination to change and improve basic research and rationally allocate the total investment in research and development, other Chinese companies should pay more attention to basic research.

5. Conclusion

In the future, this study will conduct in-depth research in the direction of the company's management and government support, and will obtain more satisfactory results with detailed data for further specific research. I hope that this research can make scientific, theoretical and practical reference directions for Chinese enterprises to \"go out of the international\". I will continue to make greater efforts in this regard

Bibliography:

[1]Hilt et al. media marketing and PR [M]. Machinery Industry Press. 1994.

[2]Boisot and Meyer. Social Media Marketing PR Benchmark Guide[J]. 2008(5).34-35.

[3]Ansoff. What is social media[M]. Icrossing ebook Publish. 1965.

[4]Hymen. Word of mouth: The hugely magnified secret of marketingeffectiveness[M]. Publishing House of Electronics Industry. 1976

[5]Caves. Flint, Robert B. woodruff, Sarah Fisher Gardial. Customer Value Change inIndustrial Marketing Relationships: A Call for New Strategies and Researeh[M].Industrial Marketing Management. 1982.

Author profile:

Bei Qin,zhixing,northwest normal university。

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