MZInc Opens New Markets and Increases Profits Offering Multilingual/Multicultural Customization

MZInc Offers Expanded Multicultural/Multilingual Services



How does one brand a country through global marketing?

By Brian Choudhary ( http://www.mziglobal.com/brian.asp)

To answer this question, MZInc. presents a creative case study that was developed in the summer of 2001.

With the goal of giving businesses in the US a taste of Moroccan culture, a week of festivities can be planned which we could call the "Week of Sun and Light." By using the "show me, don’t tell me" business approach, the major impetus behind this festival is also your organization’s mission: using creative and fun tools to do serious business. This festival would be a selling tool that can give American businesses a greater understanding of what a Moroccan company could offer.

E-Commerce Web "Bazaar": Scheduled to start 6 months prior to the "Week of Sun and Light", the Web "Bazaar" would integrate all the businesses that Morocco has to offer, arranged into 5 major industries. The largest would be the People and Skills investment opportunities. We would feature stories from CEOs and decision makers from a range of companies that have experienced success-doing business in Morocco. Overall, we envision the Web Bazaar as an electronic selling tool for the Morocco-US Council on Trade and Investment.

  1. Trade Fair: A live business festival, designed to be nothing but the most highly creative, fun, and comprehensive trade show that Morocco has ever enjoyed.
  2. Skills Fair: Because our goal is to portray Morocco as a developing nation offering people skills far exceeding other, troubled areas of the developing world, what better means to demonstrate these skills than through a live entourage of Moroccan craftspeople? We would bring the same people who work on location in the streets and industry of Morocco before the Merchants of New York. Again -- just describing these skills in a direct mail brochure can never sell them as well as actually demonstrating the skills of real people at work -- at handcrafts, furniture, rugs, jewelry, etc. For example: Architects and designers would witness real stone cutting experts to demonstrate that there is still a large pool of skilled artisans that are dying out or no longer profitable in the US. As the United States has the largest pool of wealthy people in the world, we feel there is a substantial market for the end-goods such skills can produce -- such as handmade and crafted stones for residential buildings, as well as for exquisite private and corporate headquarters.
  3. Marketing the Climate: While the specific climate, natural foods, and mud might not directly relate to your organization, we feel them to be the perfect selling tools to attract large chains of Health Spas to invest in Moroccan locations and attracting people for treatment and relaxation.

Toward this end, all of the business components of Only Morocco's year would focus on promoting benefits to foreign investors in the following categories:

  • Earning Potential for Profits
  • Gross Proceeds
  • Income and Profits
  • Special incentives for investment of foreign capital in Morocco
  • The Morocco Free-Trade Channel to the European Union

The following terms and opportunities would be advertised to potential foreign investors in Morocco:

  • General Trade Conditions
  • Protection of the Rights of Foreign Investors
  • Transfer of Profits
  • Transfer of Foreign Owned Equity
  • Management in Mixed Enterprise
  • Taxation of the Profits of Foreign Investors
  • Customs and Tax Allowances
  • Opportunities for Foreign Career Advancement in Morocco:
  • Development Programmers in Manufacturing
  • Development Programmers in the Services Sector
  • Investment in Housing and Business Premises
  • Investment in Public Services
  • Investment in Banks
  • Loans for the Economic Renewal

Based on information generated in partnership with you, and through dialogue and surveys of the various Moroccan industries in the U.S, we would implement mini-websites focusing on various selling points for specific Moroccan industries and businesses. Budget allowing, this venture will incorporate partnerships with TV or Film companies (such as the History Channel, Lonely Planet, the Financial Network, etc.) for documentation on location in Morocco. Our scope envisions approximately 100 Moroccan companies on the website, spread throughout the five separate groupings.

BUSINESS PROMOTION:

MZInc. Will use the following marketing tools to establish Morocco as a serious business opportunity for American investors and companies. Our integrated marketing approach will multiply the effects of individual tools by cross-marketing each one with other components of the plan.

Wall Street-Moroccan Bazaar: In order to achieve visibility with a crucial audience, we plan a one-day event, transforming selected locations on Wall Street into a Moroccan Bazaar, blending the setting of millennia of trading with the arena of new technology. The press will be invited as special guests to this novel approach to business advertising.

Finance-directed Advertising: The Council’s message will be reinforced by daily bombarding of the US media with press releases. This information will also be available as free, downloadable text through our websiteユs Media Desk. The Media Desk will offer journalists the inside scoop on the latest trade information relating to Morocco. Our goal is create an image for your organization within financial press (such as Forbes, the Wall Street Journal, the Financial Times, and others) as well as through the airwaves (such as Bloomberg Radio and the Financial Network). These publications should be only too happy to be part of Only Morocco's venture, which will be taking a unique approach to redefine the marketing economies of both countries.

The Only Morocco Forum Quarterly by the Morocco-United States Council on Trade and Investment: To amplify results from our website promotion, Only Morocco will design a Forum Quarterly based on Forum magazine, also created by MZInc. (See enclosed). This magazine will do exactly what its name says - it will be a forum and information network for trade matters, business opportunities, events, and even cultural and business-sponsored charitable promotions. Forum Quarterly will ultimately present Morocco as a remote Boardroom -- an overseas meeting place for financial, technological, pharmaceutical, and other corporations. In addition, it will provide a forum for organizing Medical (and other) conventions, promoting investment in Moroccan convention centers, bringing sports tournaments to Morocco, hosting trade shows and conventions for various industries, and much, much more.

The Only Morocco Seminar Series: As called for in our original proposal, we are planning a series of seminars that will take place before, during and after the Week. We envision engaging the largest brokerage houses - Merrill Lynch, for example - by inviting their portfolio managers to the events, and exposing them to the newest trends showing Morocco to be a safe and lucrative opportunity for the creation of Morocco-specific investment funds. As discussed, we are counting on your expertise and resources to provide 100% of the organization of the seminar series through top New York area Business Schools, as well as possibly other locations, such as Boston (Harvard Business School and MIT’s Sloan). The series will be available to all through either streaming media or text format (and preferably both) through the e-commerce site, as well, further broadening the potential audience.

The Only Morocco Coffee-Table Book: With content and photos developed by a team of prominent artists and photographers, 1000 leather-bound copies of the Coffee Table Book will be reserved for dignitaries, including His Majesty King Mohamed VI himself, and for the White House. The Book will be designed to feature breathtaking imagery in stunning color, accompanied by compelling copy. MZInc.’s goal with the book is to tangibly impress in the minds of viewers the unique set of assets that Morocco has to offer. An additional 10,000 copies of the book will be produced for commercial distribution. Of these, 1,000 will be reserved for guests at the His Majesty King Mohamed VI Charity Dinner, scheduled for the Waldorf-Astoria hotel.

CREATIVE BUDGETING:

Our project may appear daunting, perhaps too large for the Council on Trade and Investment to sponsor. However, MZInc. is confident that through creative approaches to sponsorship (which we can develop together) we will be able to draw from all U.S. companies based in Morocco, to cover 50-60% of our budget. Coca-Cola and Philip Morris will be enticed, for example, by the high visibility of free advertising space that will be available to them at the heart of the largest market in the United States, should they choose to sponsor a tent. Each supporter at this level will be expected to contribute in the neighborhood of $500,000. Certain events, such as the His Majesty King Mohamed VI Charity Ball, will pay for themselves, through the per-plate fee paid by guests.

E-Commerce Site: The Council on Trade and Investment should help mobilize the private Moroccan sector in New York to participate and donate funds, ranging from $1,000 to $5,000, in order to sponsor their individual site within the overall Moroccan Web network. This should cover the complete expenses associated with the E-commerce-BAZAAR site.

American as well as Moroccan companies will sponsor the Only Morocco Forum Magazine, through placement of display advertising. By joining forces with Royal Air Maroc and other airlines, we could distribute the magazine through every flight to and from Morocco.

CONCLUSION:

We see the Council of Trade and Investment as the natural leader for organizing and managing the festival budget, along with the prominent Board of Directors. We would like to offer these roles to your organization for consideration, before offering the duties to another office or sponsoring body. The Council would manage all budgets and revenues associated with business promotion, as outlined in this proposal. In the aftermath of the Week of Sun and Light, your agency will be poised as THE major leader in promoting business-to-business relationships between Morocco and the United States. No less important, you will have all the creative tools we will have developed at your disposal.

Our original plan to involve as many Moroccan businesses, hand-on-hand with each other, is a goal we see possible only in conjunction with an overall increase in investment and U.S. business operating in Morocco. By focusing on the bottom line, we will be able to improve and increase awareness of Morocco, not only for its culture and art, but also as a serious investment opportunity for a broad section of American investors and businesses. Your organization has the potential to be the major force benefiting from the Week of Sun and Light and accompanying events, which MZInc. sees as a fun and creative tool for doing very serious business. For the highest visibility of the trading opportunities open to the U.S. market in Morocco, our "Bazaar" events in New York and on the web, as well as the speaker series and other tools, will work to bring sizable results for business in Morocco.

 

 

Photo credits: Ike Karnick On-line survey   1-877-ADS-BY-MZ | info@mzi-ads.com    İMZInc