The German company Ruma© GmbH has recognized the large demand
for drug tests, and developed a new patented testing procedure, the Ruma©
Marker-System. The firm already operates in eleven countries and is
seeking further international opportunities. This thesis will therefore analyze the
Canadian market for illicit drug testing, evaluate the potential of the Marker, and
give the company a recommendation regarding a possible market entry.
Inhaltsverzeichnis (Table of Contents)
- 1. Introduction
- 2. Company Information
- 2.1. Ruma GmbH
- 2.2. The RumaⓇ Marker-System
- 2.3. Ruma's Marketing and Licensing Strategy
- 3. Analysis of the Macro Environment
- 3.1. Political Environment
- 3.2. Economic Environment
- 3.3. Demographic Environment
- 3.4. Socio-Cultural Environment
- 3.5. Legal Environment
- 4. Market Analysis
- 4.1. Drug Testing Methods
- 4.2. Competing Firms
- 4.3. Ruma's Relevant Market
- 4.3.1. Segmentation Factors
- 4.3.2. Segments
- 5. Conclusion
- 5.1. Macro Environment
- 5.2. Market Analysis
- 5.3. Recommendations
- 5.3.1. Licensing Strategy
- 5.3.2. Marketing Strategy
- 5.4. Expectations and Chances
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This thesis analyzes the Canadian market for illicit drug testing to evaluate the market potential of the RumaⓇ Marker-System, a patented drug testing procedure developed by the German company RumaⓇ GmbH. The goal is to provide recommendations to RumaⓇ regarding a potential market entry into Canada.
- The prevalence and societal impact of illicit drug use in Canada.
- An overview of existing drug testing methods and competing firms in the Canadian market.
- Market segmentation and identification of target groups for the RumaⓇ Marker-System.
- Analysis of the Canadian macro-environment (political, economic, demographic, socio-cultural, and legal factors).
- Recommendations for RumaⓇ's licensing and marketing strategies in Canada.
Zusammenfassung der Kapitel (Chapter Summaries)
1. Introduction: This chapter introduces the significant problem of illicit drug abuse and its societal consequences, highlighting the economic burden and the need for effective drug testing. It emphasizes the importance of drug testing in various contexts, including criminal investigations, diagnostic purposes, and occupational safety. The chapter establishes the objective of the thesis: to analyze the Canadian market for illicit drug testing and assess the potential of the RumaⓇ Marker-System for market entry.
2. Company Information: This section provides background information on Ruma GmbH, the developer of the RumaⓇ Marker-System, and details about the system itself. It also outlines Ruma's existing marketing and licensing strategies in other countries, establishing a basis for evaluating the company's potential to expand into the Canadian market. This sets the stage for the subsequent analysis by introducing the company and its product.
3. Analysis of the Macro Environment: This chapter offers a comprehensive assessment of the Canadian macro-environment's influence on the illicit drug testing market. It analyzes political, economic, demographic, socio-cultural, and legal factors to provide context and potential challenges or opportunities for the RumaⓇ Marker-System's market entry. The analysis includes considerations of relevant legislation, economic conditions, and societal attitudes toward drug use and testing.
4. Market Analysis: This chapter dives into a detailed market analysis, examining existing drug testing methods used in Canada, identifying key competitors, and defining Ruma's relevant market segment. It employs segmentation factors to pinpoint potential target groups within the Canadian market, providing a foundation for strategic recommendations regarding market penetration.
Schlüsselwörter (Keywords)
Illicit drug testing, RumaⓇ Marker-System, Canadian market, market analysis, market entry strategy, licensing strategy, marketing strategy, macro-environmental analysis, drug abuse, competitive landscape, market segmentation, drug testing methods.
RumaⓇ Marker-System Market Entry into Canada: Frequently Asked Questions
What is the main topic of this document?
This document is a comprehensive language preview of a thesis analyzing the potential for the RumaⓇ Marker-System, a patented drug testing procedure, to enter the Canadian market. It includes a table of contents, objectives, key themes, chapter summaries, and keywords.
What is the RumaⓇ Marker-System?
The RumaⓇ Marker-System is a patented drug testing procedure developed by the German company Ruma GmbH. The thesis aims to evaluate its market potential in Canada.
What are the key objectives of the thesis?
The main goal is to provide recommendations to Ruma GmbH regarding a potential market entry into Canada for their RumaⓇ Marker-System. This involves analyzing the Canadian market for illicit drug testing and assessing the system's potential.
What key themes are explored in the thesis?
The thesis explores the prevalence and societal impact of illicit drug use in Canada, analyzes existing drug testing methods and competing firms, segments the market to identify target groups for the RumaⓇ Marker-System, and analyzes the Canadian macro-environment (political, economic, demographic, socio-cultural, and legal factors). Finally, it offers recommendations for Ruma GmbH's licensing and marketing strategies.
What aspects of the Canadian market are analyzed?
The analysis covers the prevalence of illicit drug use and its societal impact, existing drug testing methods and their competitors, market segmentation to identify target groups for the RumaⓇ Marker-System, and a comprehensive assessment of the Canadian macro-environment (political, economic, demographic, socio-cultural, and legal factors).
What kind of recommendations are provided?
The thesis provides recommendations for Ruma GmbH's licensing and marketing strategies in Canada, considering the findings from the market and macro-environmental analyses.
What is included in the chapter summaries?
The chapter summaries provide concise overviews of the introduction (establishing the problem and objectives), company information (background on Ruma GmbH and the RumaⓇ Marker-System), macro-environmental analysis (political, economic, demographic, socio-cultural, and legal factors), and market analysis (existing drug testing methods, competitors, and market segmentation).
What are the key words associated with this thesis?
Key words include illicit drug testing, RumaⓇ Marker-System, Canadian market, market analysis, market entry strategy, licensing strategy, marketing strategy, macro-environmental analysis, drug abuse, competitive landscape, market segmentation, and drug testing methods.
What is the intended audience for this document?
This document is intended for academic use, specifically for analyzing themes related to market entry strategy and market analysis within the context of illicit drug testing.
- Quote paper
- Caroline Bussenius (Author), 2011, Market potential of the Ruma© Marker-System in the Canadian market for illicit drug testing, Munich, GRIN Verlag, https://www.grin.com/document/181657