21 June 2019
Spire talks about ASEAN B2B marketing best practices in Tokyo
Spire participated in a seminar organized on Go-to-market best practices in the B2B space in Asia. The event was held on 21st June in Tokyo, Japan. Leon Perera, Chief Executive Officer of Spire Research and Consulting group, shared insights on ASEAN marketing trends with reference to case studies of Japanese and non-Japanese companies.
Leon shared that different strategies are needed for different ASEAN markets as they are at different stages of development. There is also a growing disparity amongst large cities and between urban and rural areas. This fact makes in-country research and even city-level research essential for success in the region.
Japanese companies should take advantage of AFTA (ASEAN Free Trade Area). It would be beneficial to have several hubs across ASEAN for different types of activity instead of centralizing all regional functions in one country. For example, regional finance/treasury and logistics activity could be based in Singapore while high-end automotive production could be located in Thailand.
Leon shared a few case studies of success that illustrated the key role of primary market research, finding the right strategy partners and devolving decision-making authority to regional and country-level leaders.
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Spire Research and Consulting
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Spire Research and Consulting is the leading research consultancy in global emerging markets. Spire's competitive advantage lies in its ability to deliver actionable intelligence on the external business environment in support of its clients’ strategic decision-making in marketing and business development. Spire's clients include 50 Global Fortune 1000 companies and government agencies in 15 countries. For more information, please visit www.spireresearch.com.