a. The younger demographic is important to Mary Kay Inc. both as consumers of the company’s products and as its sales force. Since the market is one and the same, can the company utilize one marketing strategy targeting both consumers and sellers? Why or why not?…
Ghauri, P and Cateora P (2010). International Marketing. 3rd ed. New York: McGraw Hill Education. p249.…
Cited: "GCI Magazine." Mary Kay Expands in India. N.p., 27 June 2012. Web. 13 Feb. 2015.…
Kotler, P, Keller, KL, Ang, SH, Leong, SM & Tan, CT 2009, Marketing Management: An Asian Perspective, 5th edn, Pearson Education South Asia Pte Ltd, Singapore.…
Fletcher, R. and Brown, L., (2008). International Marketing, An Asia-Pacific Perspective, Fourth Edition, Pearson Education Publishers, Sydney.…
While the Japanese consumer may not want to see brands from outside of their home country, the Indian consumer finds global brands appealing (Goddard, 2010; Kumar, 2003). Wallström, Steyn, and Pitt (2010) shed additional light on the appeal of brand names to the female Indian consumer highlighting that brands can help the consumer express herself, specifically highlighting the users wealth and social status. Raman et al. (2003) noted the attractiveness of global brands to the Indian consumer, especially those with English and Western heritage and association. Javalgi, Granot, and Brashear Alejandro (2011) also found the Indian consumer open to foreign brands. With the Indian consumer looking for global brands, the company entering the Indian market can retain their global brand name, tout the country of origin, and communicate prestige and status with their positioning. Chandra, Rau, & Ryans (2002) found that companies like Procter & Gamble tended to standardize their brand’s positioning for products sold in the United States and to upper class Indian…
Czinkota, M., Ronkainan, I., Sutton-Brady, C., and Beal, T., (2008) International Marketing, an Asia Pacific edition, Thomson, Melbourne…
Fletcher, R., Brown, L. (2008), International Marketing - An Asia Pacific Perspective, 4TH Edition, Prentice Hall, Australia…
MKC made a very big mistake in their international marketing strategy. MKC had mistakenly applied its U.S. marketing strategy to different foreign markets without making strategic marketing decisions based on local customs and the general behavior of the customer and seller pool. The first mistake in this aspect was the application of its U.S. style one-on-one, very personal, and direct selling strategy to countries outside the U.S. This did not necessarily work well because it did not fit local culture and customs. In this this regard Avon pulled ahead and was successful in their integration in international markets as they adapted their sales “training” to work well with the culture of the international markets. They took the time to understand and respect the customs and the method of interactions of their customer and seller base. Moreover, they hired local managers in order to increase their knowledge about the specific locations…
Nations, like the people who inhabit them, are all different. Some, like the United States, are at the forefront of technology and development. Others exist as third world nations, where even the most basic necessities are hard to come by. And then there are those which are in the middle, such as India. In the past 20 years, India has grown in the eyes of the global community from a rural, developing nation to a burgeoning global marketing hub. While India had much guidance from the United States and other global powers, the country has still chosen to follow its own path of business and marketing development. This paper is designed to evaluate India 's current marketing environment in comparison with the marketing environment here in the US, citing both nation 's similarities and differences.…
Many Americans are familiar with the product names Coke and Skechers, with both brands most likely at some time or another making their way into an American home. Over years we have been indulged with commercials, magazine articles, billboards, television commercials and radio spots, which promoted those two companies products. Over the past decade the growth of Globalization has provided these companies room to expand and disburse their products worldwide. However, before Coke and Skechers move products forward into new countries, vast amounts of dollars are placed in researching the consumer’s wants and needs, plus what they believe creates value in a product. These factors greatly influence how a company markets product to new, international consumers.…
Note: These questions are illustrative. In addition to studying this set, you should also consult the relevant chapters of your text and your lectures notes. Review this set and feel free to discuss with me, should you have any questions or concerns.…
Mary Kay Ash was a famous American businesswoman and the founder of Mary Kay Cosmetics. She started her business with a small investment of $5000 in 1963, and soon became one of the most successful business women of her time.…
This report is prepared in subject International Marketing Management studied in third trimester in part time MBA (International Business).…
Cateora, P.R., & Graham, J.L. (2006). International Marketing (13th ed.). New York, NY: The McGraw-Hill Companies, Inc.…