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What Marketing Aspects Might Be

Adapted for International Marketing?

Product features
Labeling
Colors
Materials
Sales promotion
Advertising media

Brand name
Packaging
Advertising
execution
Prices
Advertising themes

Cultural Dimensions
Individualism
vs.
Collectivism

High vs. Low


Power Distance

Masculine
vs.
Feminine

Weak vs. Strong


Uncertainty
Avoidance

Commandments of
Global Branding
Understand similarities and differences in the
global branding landscape
Do not take shortcuts in brand building
Establish a marketing infrastructure
Embrace integrated marketing
communications
Establish brand partnerships

Commandments of
Global Branding (cont.)
Balance standardization and customization
Balance global and local control
Establish operable guidelines
Implement a global brand-equity
measurement system
Leverage brand elements

International Product and


Communication Strategies

Levels of Product Adaptation

Production of regional product versions


Production of country versions
Production of city versions
Production of retailer versions

Communications

Communications adaptation
Dual adaptation

Price Choices
Set a uniform price
everywhere
Set a market-based
price in each country
Set a cost-based price
in each country

What is a Gray Market?


A gray market consists of branded
products diverted from normal or
authorized distributions channels in the
country of product origin or cross
international borders; dealers in lower
priced countries sell products in higher
priced countries.

Whole-Channel Concept for


International Marketing
Seller
International headquarters
Channels between nations
Channels within nations
Final buyers

Country of Origin Effects

Global Organization Strategies


World
World as
as Single
Single Market
Market
Multinational
Multinational
Glocal
Glocal

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