Abstract
Driven by sustained global economic growth and social progress, the office furniture industry has experienced unprecedented rapid development and widespread attention. As the most mature and developed region for the office furniture industry and demand, the North American market (covering the United States and Canada) firmly holds a core position in the global office furniture product market. Given the evolving socioeconomic and international situation, the office furniture industry in the North American market is undergoing diverse changes and holds enormous commercial potential. Hongqiao Office Furniture Company is a leading enterprise in office furniture manufacturing with a deep focus on B2B business. Its business scope covers a wide range of international markets, with a North American market share of approximately 38%. In recent years, with the adjustment of bilateral trade policies and subtle changes in the North American market environment, Hongqiao Office Furniture Company's business growth rate in the region has slightly slowed down and is facing certain growth bottlenecks. How to accurately adjust and optimize marketing strategies in the North American market to regain and consolidate its competitive advantage has become a key issue that urgently needs to be addressed.
The thesis takes Hongqiao Office Furniture Company as the research object, analyzes the current situation and problems of marketing in the North American market, and combines internal and external environment analysis to demonstrate the necessity and feasibility of optimizing the North American market strategy. Based on this, it explores the optimization plan of Hongqiao Office Furniture company’s marketing strategy in the North American market. This thesis provides a comprehensive and systematic analysis of the current external environment using the PEST model. Subsequently, a thorough and detailed analysis of the industry competition situation was conducted using Porter's Five Forces model. Subsequently, a comprehensive and objective examination was conducted on the internal strengths, weaknesses, as well as external opportunities and threats faced by Hongqiao Office Furniture Company using the SWOT model. Based on the above analysis, this thesis further clarifies the key issues in the current marketing mix strategy in the North American market, providing a strong basis for subsequent strategy adjustments and optimizations. Based on the above analysis, the thesis further applies the 4PS theoretical framework and carefully plans a series of targeted marketing strategies, aiming to accurately position Hongqiao office furniture in the North American market and optimize and adjust its existing marketing mix strategy. The research thesis will help improve the optimization of enterprise marketing strategies, enhance the competitiveness and marketing capabilities of Hongqiao office furniture in the North American market, and promote the sustainable development of overseas brands in the office furniture industry.
Keywords: Office furniture; International marketing; North American market; Marketing strategy