Supporting Cross-Border E-commerce of Micro Entrepreneurs in Developing Countries: Export Marketing Strategy

Abstract

Cross-border e-commerce is an opportunity for micro, small and medium sized enterprise (MSMEs) in developing countries. Based on a resource-based approach, this research studied how to support resource lacking enterprises with export marketing strategy. It dealt with actual business cases of Mongolian entrepreneurs trying to export Mongolian products to Korean market. Multiple source data including interviews, internal documents, and group discussions, were matched with theories to come up with strategies and validated by supporting organizations in Mongolia and Korea. The research suggests that MSMEs should rely on third party digital platforms rather than setting up their own. For product strtategy of the marketing mix, sellecting competitive product categories and supporting them adjusting to foreign markets and quality assurance is needed. For price strategy, loccally high priced products should use a price penetration strategy with a lower price compared to competing foreign products. For place strategy, supporting organizations should partner with exporters for collective delivery. For promotion strategy, they need to support the capacity of MSMEs enabling them to use digital marketing tools effectivly. These strategies were validated and adopted by supporting organizations in Monglia and Korea.

Analysis of Energy International E-commerce Innovation Strategy Based on Global Value Chain

“…In the extraction link of the energy industry chain, countries satisfy their domestic demand by extracting energy resources such as oil, natural gas, coal, and nuclear energy and exchanging energy resources through international trade. In the energy production link, companies refine, process, and transform raw energy into usable energy, such as gasoline, fuel oil, electricity, etc., to meet energy demand in industry, transportation, households, and other areas (Kim & Lim, 2021). With the development of the global economy and the growth of energy demand, the transportation link of the energy industry chain is particularly critical.…”