Advising on the Indian Market
Expert market advice sought by the Australian Trade Commission
AUSTRADE sought my advice on the market potential and marketing strategy in India for an Australian technology company.
The correspondence documents an early international advisory role and my firsthand knowledge of the Indian technology market.
Context
Advisory in the 1980s
In 1987, AUSTRADE, the Australian Trade Commission, approached me for my assessment of the Indian market potential for an Australian technology company's micro-photogrammetric system.
By then, I had substantial firsthand experience of the Indian technology market, working with technology companies, customers and distribution channels and developing a practical understanding of how international technology products could be positioned and commercialized in India.
AUSTRADE's Senior Trade Commissioner, Mr. J.P. McCaffery, requested my “expert comments on the market potential”, noting that they would be of “great value” to the Australian company in deciding its marketing plans.
After receiving my advice, AUSTRADE confirmed that my comments had been forwarded to the company and expressed the hope that they would “go a long way in deciding their marketing strategy in India.”
Two letters from the correspondence are reproduced below (signatures deliberately blurred).
Retrospective
An early record of international market advisory
This correspondence provides documentary evidence of international market advisory work early in my career: assessing the commercial potential of an unfamiliar technology, interpreting the Indian market for an overseas company and contributing to decisions about how that company should approach the market.
The assignment required more than knowledge of the technology. It required judgment about market potential, positioning, customers, channels and the commercial realities of entering and competing in India.
That experience became part of a much broader international career. Over the decades that followed, I would build businesses, enter and develop markets, commercialize technology and advise companies and leadership teams across multiple countries on strategy, market entry, growth and transformation.
Nearly four decades later, the fundamental questions remain remarkably similar:
Is there a market?
Where is the opportunity?
How should we enter?
How should we position ourselves?
And what will it take to succeed?
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