Marketing in the International Aerospace Industry

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Format: Hardcover
Pub. Date: 2007-04-28
Publisher(s): Routledge
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Summary

The aerospace industry has a unique business culture and business practices. It is also subject to unique regulatory requirements and financing conventions. Aerospace products are unlike anything else. Pricing arrangements are arcane, and large-scale cooperative alliances among industry players are commonplace. The market is dichotomized into parts, civil and military, of approximately equal value, and is further divided into dozens of major product segments. The complexity of the aerospace market is commensurate with its size. It is a leading exporter among industrialized nations, employing millions of highly-skilled workers and serving as a technology incubator, while developing nations target the aerospace industry for development within their own economies. Yet, in spite of the importance and uniqueness of the aerospace industry, there has been no serious comprehensive guidance about how the industry's markets function. Marketing in the International Aerospace Industry provides that much-needed overview and best-practice guidance. It analyses the distinctive environment and practices of the aerospace industry, and provides specific, practical guidance for marketing professionals. The content is presented in clearly-defined chapters that relate directly to the professional challenges facing the marketer in the industry. It is written for these professionals and also students of aviation and aerospace management. The book has a fundamentally international optic of the aerospace industry. It consistently examines universal management issues from the point of view of the aerospace industries in the United States, the UK, France, Germany, and Japan, comparing and contrasting national practices in these countries and elsewhere.

Author Biography

Wesley E. Spreen is Director of International Marketing and Sales for Boeing Helicopters.

Table of Contents

Introduction
The Aerospace Market and its Basic Elements
The aerospace market: supply, demand, and segmentation
The product
Pricing in the aerospace industry
Marketing Tools, Techniques, and Resources
Overseas agents and sales consultants
Financing and leasing
Industrial offsets
Government relations
Brand management and advertising
Air shows
Operations analysis
International cooperation, joint ventures, and teaming
Working with the customer
Managing the Marketing and Sales Process
Managing the marketing and sales process
Protecting sales victories
The commercial contracting process
The Governmental and Administrative Framework
The broader administrative and regulatory context of aerospace marketing
What lies ahead in the aerospace marketplace
Index
Table of Contents provided by Publisher. All Rights Reserved.

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