SlideShare a Scribd company logo
1 of 5
Download to read offline
Retail InternationalizationGlobal Trends, Failure & Success Drivers and Future Outlook
Retail Internationalisation Report Ebeltoft Group 2
Synopsis
Ebeltoft Group: What We Believe
When Ebeltoft Group was formed over twenty years
ago, with the vision of becoming an International Retail
Alliance, we embarked our collaboration with some
assumptions:
>> There is much to learn and share among countries
regarding best practices in retailing. Trends and
concepts can begin in one market and spread quickly
to others.
>> There are strong differences among customers in
countries, driven by culture, economic development,
competitive climate and a host of other reasons.
>> Despitethesediscrepancies webelievedthatretailing,
which is among the most local businesses we can think
of, would eventually spread internationally. It was
no longer enough for the retailers in our respective
countries to simply watch trends at home; they need
to be cognizant of the world around them, whether
to mirror best practices or defend against emerging
global competition.
Fast forwarding twenty years, and we have arrived at
what is now a truly global economy and global retail
market. Internationalization is becoming a requirement
for retailers who:
>> Are looking for growth beyond their home markets,
which are often mature or facing difficult and
sustained economic pressure.
>> Have developed brands that are truly global in nature.
Even if you’re a retailer committed to your own domestic
market, it is very likely that you are now facing an
unprecedented onslaught of global competition. These
retailers need to elevate their game to survive in what is
truly a global marketplace.
What We Learned in Our Study
What is the key takeaway from this study? Simply put,
there is no magic formula. Some of the greatest global
retailers succeed fabulously in some markets and fail
miserably in others.
Retailers who presume that global expansion will be easy
or that their winning formula at home will translate easily
abroad are likely going to make some painful mistakes.
Our four factors for success are simply reminders that
hard work, careful study of a market and respect for local
competition and culture are pre-requisites for sustained
success abroad:
1.	 Have a clear reason for being (anywhere) - The
concept must earn its right to succeed in the market.
2.	 Listen (really) to the customer and have
leadership flexibility - Listening, through
formal market research and great respect
for local management and culture, is crucial.
3.	 Partner (Acquire/JV) with Local Leadership &
Talent: respect local culture - Partnering with local
talent is the quickest way to bridge cultural issues.
4.	 Execute on great retail: well-defined real estate
strategy, marketing, systems and infrastructure -
Retail, always, is detail, and getting the details right
abroad is even more important as the home field
advantage disappears.
At Ebeltoft Group, we are committed to marrying deep
global knowledge with our local expertise and provide the
best possible resources for our clients. It is the only way to
truly succeed in the new global marketplace.
1
2
3
4
Retail Internationalisation Report Ebeltoft Group 3
OVER 100 RETAILERS*
* Retailers included in the global benchmark study.
18 countries covered
Australia - Brazil - Canada - China - Denmark - France - Germany - India - Mexico - Portugal - Romania
Singapore - Spain - Switzerland - The Netherlands - Turkey - United Kingdom - United States
Retail Internationalisation Report Ebeltoft Group 4
is a worldwide alliance of retail consulting
companies with members operating in more than
20 countries in both mature and emerging retail markets. Since 1990, our extensive experience
as retailers and consultants has helped us develop innovative and pragmatic solutions that
help retailers and suppliers to achieve their goals and win in an increasingly competitive
global marketplace. Our unique offer is based on Ebeltoft Group’s ability to combine global
retail expertise with deep local insight, turning these into innovative and practical solutions.
www.ebeltoftgroup.com
Ebeltoft Group
Retail Internationalisation Report Ebeltoft Group 14
EBELTOFT GROUP
www.ebeltoftgroup.com
EBELTOFT AUSTRALIA
Retail Doctor Group | www.retaildoctor.com.au
EBELTOFT BRAZIL
GS&MD Gouvêa de Souza | www.gsmd.com.br
EBELTOFT CANADA
J.C. Williams Group I www.jcwg.com
EBELTOFT CHINA
A.S.Louken China I www.gochinaretail.com
Ebeltoft FRANCE
Dia-Mart I www.dia-mart.fr
EBELTOFT GERMANY
Gruppe Nymphenburg I www.nymphenburg.de
EBELTOFT INDIA
RAMMS I www.ramms.co.in
Technopak I www.technopak.com
EBELTOFT ITALY
Kiki Lab I www.kikilab.it
EBELTOFT MEXICO
TodoRetail I www.todoretail.com
EBELTOFT NETHERLANDS
Q&A Research & Consultancy | www.qanda.nl
EBELTOFT PORTUGAL
Instituto de Marketing Research I www.imr.pt
EBELTOFT ROMANIA
Architected Business Solutions | www.abs-europe.com
EBELTOFT SCANDINAVIA
Retail Institute Scandinavia | www.retail-institute-scandinavia.dk
EBELTOFT SINGAPORE
A.S.Louken I www.aslouken.com
EBELTOFT SPAIN
KISS Retail I www.kissretail.com
EBELTOFT SWITZERLAND
Fuhrer & Hotz I www.fuhrer-hotz.ch
EBELTOFT TURKEY
Eurosis Consulting I www.eurosis.biz
EBELTOFT UK
Pragma Consulting I www.pragmauk.com
EBELTOFT USA
McMillanDoolittle I www.mcmillandoolittle.com
Okamura Consulting | www.okamuraconsulting.com

More Related Content

What's hot (19)

Indian Retail Market and Upcoming Challenges
Indian Retail Market and Upcoming ChallengesIndian Retail Market and Upcoming Challenges
Indian Retail Market and Upcoming Challenges
 
Situation Analysis Of Retail Industry In India
Situation Analysis Of Retail Industry In IndiaSituation Analysis Of Retail Industry In India
Situation Analysis Of Retail Industry In India
 
Organized vs unorganized retailing
Organized vs unorganized retailingOrganized vs unorganized retailing
Organized vs unorganized retailing
 
Lecture 1 - Introduction to Retailing
Lecture 1 - Introduction to RetailingLecture 1 - Introduction to Retailing
Lecture 1 - Introduction to Retailing
 
Introduction to Retail
Introduction to RetailIntroduction to Retail
Introduction to Retail
 
Retail industry (Global, Indian and Kerala Scenario)
Retail industry (Global, Indian and Kerala Scenario) Retail industry (Global, Indian and Kerala Scenario)
Retail industry (Global, Indian and Kerala Scenario)
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Bharti Walmart
Bharti WalmartBharti Walmart
Bharti Walmart
 
Retail industry analysis
Retail industry analysisRetail industry analysis
Retail industry analysis
 
Retail Marketing
Retail MarketingRetail Marketing
Retail Marketing
 
Notes chapter 1
Notes chapter 1Notes chapter 1
Notes chapter 1
 
Retailing
RetailingRetailing
Retailing
 
Retailing
RetailingRetailing
Retailing
 
Wal mart in india group work ppt
Wal mart in india group work pptWal mart in india group work ppt
Wal mart in india group work ppt
 
Retail industry ppt
Retail industry pptRetail industry ppt
Retail industry ppt
 
Bharti Walmart
Bharti WalmartBharti Walmart
Bharti Walmart
 
Indian retail ppt
Indian retail pptIndian retail ppt
Indian retail ppt
 
Retail marketing research
Retail  marketing researchRetail  marketing research
Retail marketing research
 
Organized retailing in India: challenges and opportunities
Organized retailing in India: challenges and opportunitiesOrganized retailing in India: challenges and opportunities
Organized retailing in India: challenges and opportunities
 

Viewers also liked

Parallel Session 3.7 Applying Best Practice to Develop Innovative and Effecti...
Parallel Session 3.7 Applying Best Practice to Develop Innovative and Effecti...Parallel Session 3.7 Applying Best Practice to Develop Innovative and Effecti...
Parallel Session 3.7 Applying Best Practice to Develop Innovative and Effecti...NHSScotlandEvent
 
Crucialeles formuleren
Crucialeles formulerenCrucialeles formuleren
Crucialeles formulerenRosa Groen
 
Parallel Session 1.5 The Process of Innovation
Parallel Session 1.5 The Process of InnovationParallel Session 1.5 The Process of Innovation
Parallel Session 1.5 The Process of InnovationNHSScotlandEvent
 
Parallel Session 4.7 Understanding Potential and Evaluating Actual Impacts of...
Parallel Session 4.7 Understanding Potential and Evaluating Actual Impacts of...Parallel Session 4.7 Understanding Potential and Evaluating Actual Impacts of...
Parallel Session 4.7 Understanding Potential and Evaluating Actual Impacts of...NHSScotlandEvent
 
Presentasi NONI Anamed University
Presentasi NONI Anamed UniversityPresentasi NONI Anamed University
Presentasi NONI Anamed Universitynoniridoid
 
Parallel Session 3.2 Innovations in Acute Flow and Capacity Management
Parallel Session 3.2 Innovations in Acute Flow and Capacity ManagementParallel Session 3.2 Innovations in Acute Flow and Capacity Management
Parallel Session 3.2 Innovations in Acute Flow and Capacity ManagementNHSScotlandEvent
 
Parallel Session 2.3.3 What's Your Problem? Lessons on How to Solve National ...
Parallel Session 2.3.3 What's Your Problem? Lessons on How to Solve National ...Parallel Session 2.3.3 What's Your Problem? Lessons on How to Solve National ...
Parallel Session 2.3.3 What's Your Problem? Lessons on How to Solve National ...NHSScotlandEvent
 
Jasmne thompson
Jasmne thompsonJasmne thompson
Jasmne thompsonscox31082
 
Parallel Session 4.3 The Right Medicine?
 Parallel Session 4.3 The Right Medicine?  Parallel Session 4.3 The Right Medicine?
Parallel Session 4.3 The Right Medicine? NHSScotlandEvent
 
Corrientes pedagógicas venezolanas
Corrientes pedagógicas venezolanasCorrientes pedagógicas venezolanas
Corrientes pedagógicas venezolanasCarolina Fumero
 
Parallel Session 1.6.2 Managed Clinical Networks and Quality Improvement: A D...
Parallel Session 1.6.2 Managed Clinical Networks and Quality Improvement: A D...Parallel Session 1.6.2 Managed Clinical Networks and Quality Improvement: A D...
Parallel Session 1.6.2 Managed Clinical Networks and Quality Improvement: A D...NHSScotlandEvent
 
Parallel Session 4.5 Stronger Communities... Better Lives?
Parallel Session 4.5 Stronger Communities... Better Lives?Parallel Session 4.5 Stronger Communities... Better Lives?
Parallel Session 4.5 Stronger Communities... Better Lives?NHSScotlandEvent
 
Delivering Quality Through eHealth and Information Technology
Delivering Quality Through eHealth and Information TechnologyDelivering Quality Through eHealth and Information Technology
Delivering Quality Through eHealth and Information TechnologyNHSScotlandEvent
 
Digital Music Production Preview
Digital Music Production PreviewDigital Music Production Preview
Digital Music Production PreviewMatt Powers
 
Sultandağı karaciğer
Sultandağı karaciğerSultandağı karaciğer
Sultandağı karaciğerklinikblog
 

Viewers also liked (20)

Parallel Session 3.7 Applying Best Practice to Develop Innovative and Effecti...
Parallel Session 3.7 Applying Best Practice to Develop Innovative and Effecti...Parallel Session 3.7 Applying Best Practice to Develop Innovative and Effecti...
Parallel Session 3.7 Applying Best Practice to Develop Innovative and Effecti...
 
Crucialeles formuleren
Crucialeles formulerenCrucialeles formuleren
Crucialeles formuleren
 
Parallel Session 1.5 The Process of Innovation
Parallel Session 1.5 The Process of InnovationParallel Session 1.5 The Process of Innovation
Parallel Session 1.5 The Process of Innovation
 
Why are Indians easy to identify show
Why are Indians easy to identify showWhy are Indians easy to identify show
Why are Indians easy to identify show
 
Parallel Session 4.7 Understanding Potential and Evaluating Actual Impacts of...
Parallel Session 4.7 Understanding Potential and Evaluating Actual Impacts of...Parallel Session 4.7 Understanding Potential and Evaluating Actual Impacts of...
Parallel Session 4.7 Understanding Potential and Evaluating Actual Impacts of...
 
Prueba prezi
Prueba preziPrueba prezi
Prueba prezi
 
We Guardians Sep'12
We Guardians  Sep'12We Guardians  Sep'12
We Guardians Sep'12
 
Presentasi NONI Anamed University
Presentasi NONI Anamed UniversityPresentasi NONI Anamed University
Presentasi NONI Anamed University
 
Parallel Session 3.2 Innovations in Acute Flow and Capacity Management
Parallel Session 3.2 Innovations in Acute Flow and Capacity ManagementParallel Session 3.2 Innovations in Acute Flow and Capacity Management
Parallel Session 3.2 Innovations in Acute Flow and Capacity Management
 
Parallel Session 2.3.3 What's Your Problem? Lessons on How to Solve National ...
Parallel Session 2.3.3 What's Your Problem? Lessons on How to Solve National ...Parallel Session 2.3.3 What's Your Problem? Lessons on How to Solve National ...
Parallel Session 2.3.3 What's Your Problem? Lessons on How to Solve National ...
 
We guardians July 2015
We guardians  July 2015We guardians  July 2015
We guardians July 2015
 
Jasmne thompson
Jasmne thompsonJasmne thompson
Jasmne thompson
 
Parallel Session 4.3 The Right Medicine?
 Parallel Session 4.3 The Right Medicine?  Parallel Session 4.3 The Right Medicine?
Parallel Session 4.3 The Right Medicine?
 
Corrientes pedagógicas venezolanas
Corrientes pedagógicas venezolanasCorrientes pedagógicas venezolanas
Corrientes pedagógicas venezolanas
 
Parallel Session 1.6.2 Managed Clinical Networks and Quality Improvement: A D...
Parallel Session 1.6.2 Managed Clinical Networks and Quality Improvement: A D...Parallel Session 1.6.2 Managed Clinical Networks and Quality Improvement: A D...
Parallel Session 1.6.2 Managed Clinical Networks and Quality Improvement: A D...
 
Parallel Session 4.5 Stronger Communities... Better Lives?
Parallel Session 4.5 Stronger Communities... Better Lives?Parallel Session 4.5 Stronger Communities... Better Lives?
Parallel Session 4.5 Stronger Communities... Better Lives?
 
Gabarito 40
Gabarito 40Gabarito 40
Gabarito 40
 
Delivering Quality Through eHealth and Information Technology
Delivering Quality Through eHealth and Information TechnologyDelivering Quality Through eHealth and Information Technology
Delivering Quality Through eHealth and Information Technology
 
Digital Music Production Preview
Digital Music Production PreviewDigital Music Production Preview
Digital Music Production Preview
 
Sultandağı karaciğer
Sultandağı karaciğerSultandağı karaciğer
Sultandağı karaciğer
 

Similar to RETAIL INTERNATIONALIZATION -Trends, Failure & Success Drives and Future Outlook

Retail Innovations 9 The Pace of Change Accelerates - Preview
Retail Innovations 9 The Pace of Change Accelerates - PreviewRetail Innovations 9 The Pace of Change Accelerates - Preview
Retail Innovations 9 The Pace of Change Accelerates - PreviewEbeltoftGroup
 
Cross Cultural Business Development & International Management
Cross Cultural Business Development & International Management Cross Cultural Business Development & International Management
Cross Cultural Business Development & International Management Franca Foligatti LLC
 
int mktg unit 1 IMS.pptx
int mktg unit 1 IMS.pptxint mktg unit 1 IMS.pptx
int mktg unit 1 IMS.pptxBhupendraBhavar
 
Scopes of international marketing
Scopes of international marketingScopes of international marketing
Scopes of international marketingFree Talk 2 Other
 
Emerge Credentials Linkedin .compressed
Emerge Credentials Linkedin .compressedEmerge Credentials Linkedin .compressed
Emerge Credentials Linkedin .compressedPerry Seelert
 
Emerge Credentials Linkedin
Emerge Credentials LinkedinEmerge Credentials Linkedin
Emerge Credentials LinkedinMark Dickinson
 
Unit 3 international marketing and intelligence
Unit 3  international marketing and intelligenceUnit 3  international marketing and intelligence
Unit 3 international marketing and intelligenceVipul Kumar
 
Global_strategy_of_Lidl.docx.pdf
Global_strategy_of_Lidl.docx.pdfGlobal_strategy_of_Lidl.docx.pdf
Global_strategy_of_Lidl.docx.pdfKingsley384177
 
international retailing.ppt
international retailing.pptinternational retailing.ppt
international retailing.pptssuser6a8f74
 
Chap. 1. aspects of international marketing
Chap. 1. aspects of international marketingChap. 1. aspects of international marketing
Chap. 1. aspects of international marketingScarlett Voughn
 
Notes dor im
Notes dor imNotes dor im
Notes dor imsidnrt20
 
Green Seed France Presentation English April 2011
Green Seed France Presentation   English April 2011Green Seed France Presentation   English April 2011
Green Seed France Presentation English April 2011dmine
 
Nwtwork Market & Global Market as New Trends in Marketing
Nwtwork Market & Global Market as New Trends in MarketingNwtwork Market & Global Market as New Trends in Marketing
Nwtwork Market & Global Market as New Trends in MarketingGurukrushna Patnaik
 
Innovations in international marketing
Innovations in international marketingInnovations in international marketing
Innovations in international marketingsayali ware
 
Uhy international-business-issue-27
Uhy international-business-issue-27Uhy international-business-issue-27
Uhy international-business-issue-27Dawgen Global
 
During the past some years, we see many ads clutter on TV. Do you think it cr...
During the past some years, we see many ads clutter on TV. Do you think it cr...During the past some years, we see many ads clutter on TV. Do you think it cr...
During the past some years, we see many ads clutter on TV. Do you think it cr...Wajiha Muhammad Ismail
 

Similar to RETAIL INTERNATIONALIZATION -Trends, Failure & Success Drives and Future Outlook (20)

Retail Innovations 9 The Pace of Change Accelerates - Preview
Retail Innovations 9 The Pace of Change Accelerates - PreviewRetail Innovations 9 The Pace of Change Accelerates - Preview
Retail Innovations 9 The Pace of Change Accelerates - Preview
 
Cross Cultural Business Development & International Management
Cross Cultural Business Development & International Management Cross Cultural Business Development & International Management
Cross Cultural Business Development & International Management
 
int mktg unit 1 IMS.pptx
int mktg unit 1 IMS.pptxint mktg unit 1 IMS.pptx
int mktg unit 1 IMS.pptx
 
İnternatıonal marketıng
İnternatıonal marketıngİnternatıonal marketıng
İnternatıonal marketıng
 
Scopes of international marketing
Scopes of international marketingScopes of international marketing
Scopes of international marketing
 
Emerge Credentials Linkedin .compressed
Emerge Credentials Linkedin .compressedEmerge Credentials Linkedin .compressed
Emerge Credentials Linkedin .compressed
 
Emerge Credentials Linkedin
Emerge Credentials LinkedinEmerge Credentials Linkedin
Emerge Credentials Linkedin
 
International_marketing_Intro.ppt
International_marketing_Intro.pptInternational_marketing_Intro.ppt
International_marketing_Intro.ppt
 
Unit 3 international marketing and intelligence
Unit 3  international marketing and intelligenceUnit 3  international marketing and intelligence
Unit 3 international marketing and intelligence
 
Global_strategy_of_Lidl.docx.pdf
Global_strategy_of_Lidl.docx.pdfGlobal_strategy_of_Lidl.docx.pdf
Global_strategy_of_Lidl.docx.pdf
 
Apoldissi_Brochure_LR
Apoldissi_Brochure_LRApoldissi_Brochure_LR
Apoldissi_Brochure_LR
 
international retailing.ppt
international retailing.pptinternational retailing.ppt
international retailing.ppt
 
Chap. 1. aspects of international marketing
Chap. 1. aspects of international marketingChap. 1. aspects of international marketing
Chap. 1. aspects of international marketing
 
Global Marketing
Global MarketingGlobal Marketing
Global Marketing
 
Notes dor im
Notes dor imNotes dor im
Notes dor im
 
Green Seed France Presentation English April 2011
Green Seed France Presentation   English April 2011Green Seed France Presentation   English April 2011
Green Seed France Presentation English April 2011
 
Nwtwork Market & Global Market as New Trends in Marketing
Nwtwork Market & Global Market as New Trends in MarketingNwtwork Market & Global Market as New Trends in Marketing
Nwtwork Market & Global Market as New Trends in Marketing
 
Innovations in international marketing
Innovations in international marketingInnovations in international marketing
Innovations in international marketing
 
Uhy international-business-issue-27
Uhy international-business-issue-27Uhy international-business-issue-27
Uhy international-business-issue-27
 
During the past some years, we see many ads clutter on TV. Do you think it cr...
During the past some years, we see many ads clutter on TV. Do you think it cr...During the past some years, we see many ads clutter on TV. Do you think it cr...
During the past some years, we see many ads clutter on TV. Do you think it cr...
 

Recently uploaded

Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdftbatkhuu1
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfOnline Income Engine
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaShree Krishna Exports
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 

Recently uploaded (20)

Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdf
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdf
 
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in India
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 

RETAIL INTERNATIONALIZATION -Trends, Failure & Success Drives and Future Outlook

  • 1. Retail InternationalizationGlobal Trends, Failure & Success Drivers and Future Outlook
  • 2. Retail Internationalisation Report Ebeltoft Group 2 Synopsis Ebeltoft Group: What We Believe When Ebeltoft Group was formed over twenty years ago, with the vision of becoming an International Retail Alliance, we embarked our collaboration with some assumptions: >> There is much to learn and share among countries regarding best practices in retailing. Trends and concepts can begin in one market and spread quickly to others. >> There are strong differences among customers in countries, driven by culture, economic development, competitive climate and a host of other reasons. >> Despitethesediscrepancies webelievedthatretailing, which is among the most local businesses we can think of, would eventually spread internationally. It was no longer enough for the retailers in our respective countries to simply watch trends at home; they need to be cognizant of the world around them, whether to mirror best practices or defend against emerging global competition. Fast forwarding twenty years, and we have arrived at what is now a truly global economy and global retail market. Internationalization is becoming a requirement for retailers who: >> Are looking for growth beyond their home markets, which are often mature or facing difficult and sustained economic pressure. >> Have developed brands that are truly global in nature. Even if you’re a retailer committed to your own domestic market, it is very likely that you are now facing an unprecedented onslaught of global competition. These retailers need to elevate their game to survive in what is truly a global marketplace. What We Learned in Our Study What is the key takeaway from this study? Simply put, there is no magic formula. Some of the greatest global retailers succeed fabulously in some markets and fail miserably in others. Retailers who presume that global expansion will be easy or that their winning formula at home will translate easily abroad are likely going to make some painful mistakes. Our four factors for success are simply reminders that hard work, careful study of a market and respect for local competition and culture are pre-requisites for sustained success abroad: 1. Have a clear reason for being (anywhere) - The concept must earn its right to succeed in the market. 2. Listen (really) to the customer and have leadership flexibility - Listening, through formal market research and great respect for local management and culture, is crucial. 3. Partner (Acquire/JV) with Local Leadership & Talent: respect local culture - Partnering with local talent is the quickest way to bridge cultural issues. 4. Execute on great retail: well-defined real estate strategy, marketing, systems and infrastructure - Retail, always, is detail, and getting the details right abroad is even more important as the home field advantage disappears. At Ebeltoft Group, we are committed to marrying deep global knowledge with our local expertise and provide the best possible resources for our clients. It is the only way to truly succeed in the new global marketplace. 1 2 3 4
  • 3. Retail Internationalisation Report Ebeltoft Group 3 OVER 100 RETAILERS* * Retailers included in the global benchmark study. 18 countries covered Australia - Brazil - Canada - China - Denmark - France - Germany - India - Mexico - Portugal - Romania Singapore - Spain - Switzerland - The Netherlands - Turkey - United Kingdom - United States
  • 4. Retail Internationalisation Report Ebeltoft Group 4 is a worldwide alliance of retail consulting companies with members operating in more than 20 countries in both mature and emerging retail markets. Since 1990, our extensive experience as retailers and consultants has helped us develop innovative and pragmatic solutions that help retailers and suppliers to achieve their goals and win in an increasingly competitive global marketplace. Our unique offer is based on Ebeltoft Group’s ability to combine global retail expertise with deep local insight, turning these into innovative and practical solutions. www.ebeltoftgroup.com Ebeltoft Group
  • 5. Retail Internationalisation Report Ebeltoft Group 14 EBELTOFT GROUP www.ebeltoftgroup.com EBELTOFT AUSTRALIA Retail Doctor Group | www.retaildoctor.com.au EBELTOFT BRAZIL GS&MD Gouvêa de Souza | www.gsmd.com.br EBELTOFT CANADA J.C. Williams Group I www.jcwg.com EBELTOFT CHINA A.S.Louken China I www.gochinaretail.com Ebeltoft FRANCE Dia-Mart I www.dia-mart.fr EBELTOFT GERMANY Gruppe Nymphenburg I www.nymphenburg.de EBELTOFT INDIA RAMMS I www.ramms.co.in Technopak I www.technopak.com EBELTOFT ITALY Kiki Lab I www.kikilab.it EBELTOFT MEXICO TodoRetail I www.todoretail.com EBELTOFT NETHERLANDS Q&A Research & Consultancy | www.qanda.nl EBELTOFT PORTUGAL Instituto de Marketing Research I www.imr.pt EBELTOFT ROMANIA Architected Business Solutions | www.abs-europe.com EBELTOFT SCANDINAVIA Retail Institute Scandinavia | www.retail-institute-scandinavia.dk EBELTOFT SINGAPORE A.S.Louken I www.aslouken.com EBELTOFT SPAIN KISS Retail I www.kissretail.com EBELTOFT SWITZERLAND Fuhrer & Hotz I www.fuhrer-hotz.ch EBELTOFT TURKEY Eurosis Consulting I www.eurosis.biz EBELTOFT UK Pragma Consulting I www.pragmauk.com EBELTOFT USA McMillanDoolittle I www.mcmillandoolittle.com Okamura Consulting | www.okamuraconsulting.com