BRANDING AND PRODUCT DECISIONS IN GLOBAL MARKETING 5 2.1 Concept/Topic Overview (Product and Branding Concept) 5-6 2.2 Maslow Hierarchy of Needs Impact on Global Buyers 6-7 2.3 Country of Origin as Brand Element 7 2.4 Strategic Alternative towards Global Product Planning 7-8 2.5 New Product in Global Marketing 8 2.6 Case Example 8-9 3. CHAPTER 11: PRICING DECISION 10 3.1 Concept/Topic Overview (Pricing Concept) 10 3.2 Pricing Objective and Strategies in Global Market 10-11 3.3 Environmental
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Global Marketing and R & D Chapter Outline OPENING CASE: Dove – Building a Global Brand INTRODUCTION THE GLOBALIZATION OF MARKETS AND BRANDS MARKET SEGMENTATION Management Focus: Marketing to Black Brazil PRODUCT ATTRIBUTES Cultural Differences Economic Development Product and Technical Standards DISTRIBUTION STRATEGY Differences between Countries Choosing a Distribution Strategy COMMUNICATION STRATEGY Barriers to International
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CHAPTER 14 GLOBAL MARKETING COMMUNICATIONS DECISIONS II: SALES PROMOTION‚ PERSONAL SELLING‚ SPECIAL FORMS OF MARKETING COMMUNICATION SUMMARY Sales promotion is any paid‚ short-term communication program that adds tangible value to a product or brand. Consumer sales promotions are targeted at ultimate consumers; trade sales promotions are used in business-to-business marketing. Sampling gives prospective customers a chance to try a product or service at no cost. A coupon is a certificate that
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differences and global marketingCultural differences and global marketing The progress of humanity and human beings can be attributed to one important factor and that is the strong capability of human beings to understand and adapt to cultural differences. Respecting cultural differences has brought the human beings close together and has tied them in a strong bond. The conquering of the cultural differences has also introduced us to a new terminology‚ global economy‚ which is a global system of production
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“Going for the Gold in Global Marketing. Companies must take care when taking their messages global” (Article 9) Essay (Extending the idea: “The key to succeeding in taking your marketing and advertising efforts global‚ ironically is to think local”. The globalization trend is strong today‚ but it is evident that the world is still local. Multinational companies are presenting their products and services all over the world. They use same brand names‚ logos and sell same products in hundreds of
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consumers who differ in their response to the firm’s marketing mix program. i. Segments should have include a set of properties: Identifiable‚ Sizeable‚ Accessible‚ Stability‚ Responsive‚ Actionable. ii. Country Screening - Global Marketing Research - Entry Decisions - Positioning Strategy - Resource Allocations - Marketing Policy Mix B. How to Assess Dimensions:The formulation of a positioning strategy (local or global) includes the following steps: 1. Identify the
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Global Marketing - Case OREO INSTRUCTIONS: Watch the video “ Oreo” and respond the following questions in Blackboard: 1. What kinds of consumer research should be undertaken in each country to determine the appropriate extent of adaptation of the marketing mix for Oreos. * As the video mentions they had to investigate the frequency at which people buy in the stores because in Brazil or Venezuela the people don’t have much space to their food in their houses or they eat them in their
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When it comes to advertising for Krispy Kreme doughnuts‚ there really isn’t a big aggressive campaign. The products and stores often advertise themselves. Each Krispy Kreme doughnut store can be seen as a “Doughnut making theater”. The stores show the public how each doughnut is made and serve the final products hot off the assembly line. A neon light that says “Hot Doughnuts Now” informs the public of a fresh batch being available for purchase. Another advertising tactic which Krispy
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Student author May 29‚ 2011 Student author May 29‚ 2011 Global Market Entry Strategy Global Market Entry Strategy PEPSICO‚ INC. PEPSICO‚ INC. Pepsi Pepsi Market Entry Strategy PepsiCo‚ Inc. is currently operating in China. It has been in the country since 1982‚ when it started its first operation in Shenzhen and later established 30 joint ventures all over the country. Recently CEO Indra K. Nooyi said that China “represents our single biggest opportunity today outside the U.S
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chapter 1 Marketing’s Role in the Global Economy When You Finish This Chapter‚ You Should 1. Know what marketing is and why you should learn about it. 2. Understand the difference between micro-marketing and macro-marketing. 3. Know why and how macromarketing systems develop. 4. Understand why marketing is crucial to economic development and our global economy. 5. Know why marketing special— ists—including middlemen and — facilitators—develop. 6. Know the marketing functions and who performs them
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