Developing company’s export strategy

Authors

  • Viktor Ivanovich Korolev Russian Foreign Trade Academy
  • Elena Nikolaevna Koroleva Russian Foreign Trade Academy

Keywords:

export activities, strategy, market research, products strategies, export strategies, innovative instruments, foreign trade activities, competitiveness, external market, organizational structures

Abstract

The authors examine the reasons that urge companies to engage in foreign trade activities. The article determines the main stages of developing an export strategy. It shows the purposes of export activities and methods of analyzing export opportunities. Several product strategies are reviewed and ways how to implement some of them are shown. The main export strategies, their advantages and disadvantages are analyzed. The importance of justifying implementation opportunities for each strategy is underlined. Special attention is devoted to the necessity of managing company’s export activities. Organizational structures that are necessary for the management of these activities are considered.

Author Biographies

Viktor Ivanovich Korolev, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy, Department of Management and Marketing, Head of the department

Elena Nikolaevna Koroleva, Russian Foreign Trade Academy

Place of work, post: Russian Foreign Trade Academy, Department of World and National Economy, Senior Lecturer

Published

2024-02-08

How to Cite

Korolev, V. I., & Koroleva, E. N. (2024). Developing company’s export strategy. Russian Foreign Economic Journal, (11), 54–64. Retrieved from https://journal.vavt.ru/rfej/article/view/1009

Issue

Section

Foreign trade activity