1.The International marketing is defined as performance of business activities including price‚ promotions‚ product and distribution decision and then the task of marketing research is to systematically collect data‚ process it in to valuable information which is vital for marketing decision. The information of host country on political stability‚ cultural attributes and geographical characteristic are required for sound for foreign markets. Information on economic general data on level of growth
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collected in class. Students would be called out randomly from each group to present their analysis. In case of a dismal performance of any group member‚ the marks of the whole group will be at stake!) 1. The marketing channel for Mary Kay Cosmetics is called a “direct selling” channel. The company uses a sales force of over 1‚000‚000 Independent Beauty Consultants around the world. These Consultants are not employees of Mary Kay Corporation; they buy cosmetics from the company at a wholesale
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greatest ethical dilemma’s facing not only Mars‚ but all chocolate companies all over the world. The importance of international marketing ethics across cultures has been noted by a number of authors (Fletcher & Crawford‚ 2011; Armstrong & Sweeney‚ 1994; Singhapakdi‚ Rawwas‚ Marta & Ismail‚ 1999). For the leading chocolate company‚ Mars‚ effectively managing issues of marketing ethics is detrimental to the brand as it looks to internationalise into the Japanese market. This issue stems from
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The Fashion Channel Case Analysis Problem Statement: The case of the Fashion Channel exhibited possible failures and multiple problems. After thorough review of the case I felt the core problem is the failure to focus on a specific demographic. TFC had run off the marketing strategy of “something-for-everyone” for plenty of years and found success in this untouched niche of fashion television. Without competition‚ this marketing mentality had been very profitable‚ and started drawing up attention
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Currently‚ M&S in Singapore is operating a business by a single channel‚ which is brick and mortar retail. According to BBC news‚ (2016) M&S revenue collapsed and it lost the market share to other rivals who are using a multi-channel platform. There are several reasons that led to decline in M&S over the period. Firstly‚ M’S website is not connected to the consumer’s web experience and physical experience (Shackleton‚ 2016). Secondly‚ the traditional store has limited operating time‚ thereby M&S
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1Distinguish between international marketing‚ multinational marketing and global marketing. If we talk in general‚ both Global and International marketing are used interchangeably now-a-days. But if we are talking in terms of marketing theories‚ international marketing was a stage in the evolution of global marketing. Let us see how‚ Stage 1 : Domestic Marketing : Companies manufacturing products and selling those within the country itself. So‚ no international phenomenon at all. Stage
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B) supply chain C) marketing channel D) wholesale consortium E) multinational enterprise 2) A marketing channel strategy is a set of activities focused on designing and managing a marketing channel for the purpose of ________. A) expanding a firm’s position in niche markets B) improving a firm’s sustainable competitive advantage C) minimizing difficulties with global distribution centers D) evaluating marketing expenses in order to find cost savings E) modifying the marketing mix to extend the
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SOCIO-CULTURAL INFLUENCES ON INTERNATIONAL MARKETING (RELIGION) Before explaining socio cultural ınfluences on ınternational marketing‚ we need to know What is international marketing. International Marketing is the performance‚ in more than one nation‚ of business activities that direct the flow of a company’s goods and services to consumers or users for a profit. it is an advanced form of international marketing in which a firm addresses global customers‚ markets‚ and competition. There are
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MBA-532: Marketing Management Case Report-1: The Fashion Channel Ahmet ÇAVUŞ 1- After completing the Ad Revenue and Financial tables for three different scenarios‚ it can be concluded that the third scenario has the most amount of outcome in financial domain. The outcomes of the scenarios with respect to net income and total revenues are: 1.Scenario: Total Ad. Sales Revenue: $249‚0 M Total Net Income: $94‚9 M 2.Scenario: Total Ad. Sales Revenue: $322‚8 M Total Net Income: $151‚5 M
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Often companies are led into international and even global markets by burgeoning consumer or customer demands‚ and strategic thinking is secondary to “filling the next order”. But putting strategic thinking on the back burner has resulted in marketing failures for even the largest companies. The consensus of the researchers and authors in the area reveals three relatively distinctive approaches that seem to dominate strategic thinking in firms involved in international markets: 1) Domestic market
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