Sample ICP Report


Report prepared for: XYZ Automotive Parts Inc.

SEARCH RESULTS

To conduct your agent/distributor search, the U.S. Embassy contacted 45 local firms with the potential to distribute XYZ Automotive Parts Inc. The companies were carefully selected from our local and countrywide contacts, industry sector directories, our client management system (CMS), local association membership lists, and other embassy sources. Firms expressing an initial interest in your products were sent a set of your product literature. After a week or so to study your package, the Post talked with or met personally with those firms that expressed further interest.

After a review of your product literature, the following 7 companies expressed an interest in representing XYZ Automotive Parts Inc. in Thailand. We have included both the firm's comments or opinion of the market/product and post's opinion of the firm.

While we feel these firms are potential agents, you should contact each firm as soon as possible to ascertain their specific capabilities, qualifications, and if they can meet all of your needs. Both your local domestic office and this post will be glad to work with you towards completing an agreement and are very interested in the results of this ADS.

Your domestic Commercial Service office will deliver this report and follow up to provide any assistance. We would appreciate being notified if any agreements are reached with the firms listed.

We are pleased to provide you with the following potential representatives.

I. POTENTIAL AGENTS/DISTRIBUTORS/REPRESENTATIVES

REPRESENTATIVE 1:

Company Name: McDougall Filters (Thailand) Company Limited
Company Address:
21/58 Onnuch 37
Sukhumvit 77, Suanluang
BKK 10250
Phone Number: (662) 321-222222
Fax Number: (662) 321-222222
Contact Name: Mr. Ongarch Sapiboon / Sales Manager
Year Established: 1971
Number of Employees: 100
Annual Sales: USD 4 million
Preferred Language: English
Level of Interest: High
Bank References: Thai Farmer Bank (Onnuch Branch)

II. MAIN BUSINESS ACTIVITY/PRODUCTS:

McDougall is a manufacturing distributor of oil, air, and fuel hydraulic filters for passenger cars and light pickup diesel engines. The company has limited heavy-duty products due to their limited technical know-how. The company has approximately 10 distributing agents countrywide. The company also exports to the Middle East and Indo-China countries.

III. PROSPECT'S OPINION OF MARKET DATA:

McDougall is interested in distributing XYZ Automotive Parts Inc. in Thailand. The company is particularly interested in filter products for heavy-duty equipment, trucks and marine equipment of the following brands: KOMATSU, SCANIA, VOLVO, CATERPILLAR, DEMAG, and G.M. Mr. Ongarch hopes to expand his product lines to include heavy-duty products. XYZ Automotive Parts Inc. are complementary to his current lines. McDougall would be able to distribute XYZ through the company's existing channels countrywide. There was one concern raised regarding the cost of XYZ Automotive Parts Inc. as they are subjected to duty and shipping costs. It may not be feasible to market XYZ Automotive Parts Inc. if their price far exceeds the competitive range.

REPRESENTATIVE 2:

Company Name: TEF Company Limited
Company Address:
11/10 Soi Sukhumvit 43 (Sangmukda)
Sukhumvit Road, Klongtonnua
Klongtoey, BKK 10110
Phone Number: (662) 662-3333
Fax Number: (662) 259-3333
Contact Name: Mr. Nirun Chaygsu / Managing Director
Year Established: 1991
Number of Employees: 33
Annual Sales: USD 4 million
Preferred Language: English
Level of Interest: High
Bank References: Bangkok Bank (Sukhumvit 43 Branch)
MAIN BUSINESS ACTIVITY/PRODUCTS:

TEF is a sole agent for "AAF" air filters, "PURAFIL" chemical filters, "ACME" blower, and "J.P. "silencer." The company specializes in ventilation, and air-conditioning systems serving commercial buildings and industrial plants.

III. PROSPECT'S OPINION OF MARKET DATA:

Mr. Nirun is interested in the possibility of distributing XYZ Automotive Parts Inc., particularly the cartridge lines for gas-turbine installation. XYZ Automotive Parts Inc. will be a complementary line of products to TEF's current product line of air and gas filters. He sees good potential for XYZ marketed as replacement parts for Donaldson's canister. He is hoping to increase the company's product range to supply his current clients.

REPRESENTATIVE 3:

Company Name: Autopart Company Limited
Company Address:
330/11-13 Trimitr Road
Talad-Noi, Sumpantawong
Bangkok10100
Phone Number: (662) 236-4444
Fax Number: (662) 266-4744
Contact Name: Mr. Pipat Miriya / Manager
Year Established: 1977
Number of Employees: 12
Annual Sales: not available
Preferred Language: English
Level of Interest: medium
Bank References: Bangkok Bank (Hua-Lumpong Branch)

II. MAIN BUSINESS ACTIVITY/PRODUCTS:

Autopart distributes parts and equipment for heavy-duty engines. The company specializes in parts and equipment, including filters for engines of the following brands: CUMMINS, VOLVO, VOLVO-PENTA, SCANIA. The company carries filters of the following makes: FLEETGUARD, DONALDSON, WIX, LUBERFINER, PUROLATOR RACOR, MANN, MCDOUGALL, KNECHT, and KENGST. Company's current clients cover a wide range of industries using heavy-duty engines in electricity generators, marine engines, trailer trucks, and machinery.

III. PROSPECT'S OPINION OF MARKET DATA:

Mr. Pipat used to import XYZ Automotive Parts Inc. for distribution in Thailand, several years ago. He had to discontinue distributing the product because of the quality of XYZ Automotive Parts Inc. He claims that the filters rust. He raised his concern regarding XYZ's quality, which is one of the crucial factors for the product to succeed in this market. Mr. Pipat is interested in further discussing with XYZ the possibility of marketing XYZ Automotive Parts Inc. again in Thailand. He is interested only in items that are complementary to his current line, and are serving the existing clients. More specifically, he is interested in XYZ's products that can be used for CUMMINS, VOLVO, VOLVO-PENTA, and SCANIA engines.

REPRESENTATIVE 4:

Company Name: Trading Limited Partnership
Company Address:
1830 Patanakarn Rd.,
Suanluang, Bangkok 10250
Phone Number: (662) 322-9977, 322-9988, 322-8383
Fax Number: (662) 322-8588
Contact Name: Mr. Norep Vanapome / Managing Director
Year Established: 1981
Number of Employees: 18
Annual Sales: 4 million
Preferred Language: English
Level of Interest: high
Bank References: Bangkok Bank (Petchburi Branch)

II. MAIN BUSINESS ACTIVITY/PRODUCTS:

According to Mr. Norep, Trading is one of the veterans in the filter market. The company represents a wide range of liquid and air filtration products serving different industries. The company represents CUNO filter system and LAKOS Separators from U.S.A.

III. PROSPECT'S OPINION OF MARKET DATA:

Mr. Norep is particularly interested in diesel engine filters. He believes that there is a growing market potential for heavy-duty filters in Thailand. He also sees intensified competition in the market as there are increasing numbers of suppliers both local and imported. At present, it may be difficult for XYZ to compete in this market, because imported filters are subjected to 20% duty. However, Mr. Norep believes that the import duty should decline, making imported filters more competitive in the near future. He emphasizes the importance of sales support in market success of filters in Thailand. He cited Parker Hannifin as an example of a company that is capable of offering sales support.

Note: Mr. Norep wonders if XYZ manufactures for Parker Hannifin. According to Mr. Norep, Parker Hannifin is establishing a representative office in Bangkok soon. Parker Hannifin already has a representative office in Singapore.

REPRESENTATIVE 5:

Company Name: International Trading Company Limited
Company Address:
2232 Soi Phayakaporn, Chan Road
Chongnonsee, Yannawa, Bangkok 10220
Phone Number: (662) 758-55555
Fax Number: (662) 383-5555
Contact Name: Mr. Chatchawan Egawarin / General Manager
Year Established: 1986
Number of Employees: 25
Annual Sales: USD 1.8 million
Preferred Language: English
Level of Interest: Medium
Bank References: Bangkok Bank (Srinakarin Branch),
Krung Thai Bank (Troke Chan Branch)

II. MAIN BUSINESS ACTIVITY/PRODUCTS:

International Trading distributes a wide range of products used in filter systems. The company specializes in liquid and air filtration systems for industries. The following are some of the products distributed by the company; "PTI" filters from the U.K., CDM filter cloth from Germany, stainless wire mesh, Cartridge Nihon Schumacher cartridges from Japan and other related equipment from Switzerland and China.

III. PROSPECT'S OPINION OF MARKET DATA:

The company believes that there is good market potential for some of XYZ products, and is beginning to do market surveys on the possibility of representing the products. The company would like to further discuss with XYZ.


[ Up ] [ A Good Commission Plan Includes These 4 Elements ] [ Agents, Distributors And Joint Ventures ] [ Checklist For Agent/Distributor Agreements ] [ Common Complaints About U.S. Exporters ] [ Finding Representatives Through The Commercial Service ] [ Firing Distributors ] [ How Americans Negotiate And Why ] [ Improving Foreign Distributor Performance ] [ Know Your Customer Guidance ] [ Lead Sources for Overseas Distributors ] [ Package 39 ] [ Prospective Business Partner Questionnaire ] [ Recruiting Representatives ] [ Sample International Contact Program Report ] [ Sample Prospectus Or Fact Sheet ] [ Sources of Credit Information ] [ The Best Negotiation Strategy Overseas ] [ Warning - Check Out Foreign Reps and Distributors ] [ What A Representative Prospect Wants From You ] [ What An Agent Looks For In A New Line ] [ What You Want From A Representative ]

Date Updated: June 11, 2010




image