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Global
Marketing
Marketing on a worldwide scale
reconciling or taking global operational
differences, similarities, and opportunities
in order to reach global objectives.
By: Kayleigh Davis
Introduction
1. Global marketing is described as the process of adapting your company's marketing strategy to get
used to other countries' conditions. International marketing, of course, is more than selling your
product or service abroad. It is known as the process of planning, creating, positioning and promoting
your good or service in a global market.
2. Big corporations typically have overseas offices for nations to which they sell. Today, even small
companies can meet customers everywhere in the world through the proliferation of the internet. If a
company decides not to grow internationally, foreign companies that are expanding their international
presence will face domestic competition. The amount of competition that this causes pretty much
makes it a requirement for businesses to go international.
3. In order to make decisions about which country to work with, companies consider four things
a. Assessing the general economic environment
b. Assess the country’s infrastructure.
c. Determine whether the country has a political and legal environment that favors business.
d. Know of the country’s cultural and sociological differences.
Global Marketing Strategy
1. A Global Marketing Strategy is a strategy that encompasses countries from several parts of the world
and aims at co-ordinating a company’s marketing efforts in the markets of these countries.
2. A GMS does not cover all countries but it spreads across multiple regions. A typical regional breakdown
is: Africa, Asia, the Pacific, Europe, and the Middle East, Latin America, and North America. A regional
marketing strategy is one that coordinates the marketing effort in one region.
3. Global marketing strategies are actually important parts of a global strategy. In order to create a good
global marketing strategy, you must be able to answer: “What I am trying to achieve in an international
market?” “What are my company’s strengths and weaknesses for that market?” “How can I counter
challenges in the market?” “What potential will I have in this market?”
4. Beyond its breakdown per country or region, a global marketing strategy almost always consists of
several things: (1) uniform brand names; (2) identical packaging; (3) similar products; (4) standardized
advertising messages; (5) synchronized pricing; (6) coordinated product launches; and (7) harmonious
sales campaigns.
5. In general, the two most popular global marketing strategies are: creating a strong and consistent
brand culture and marketing as if there are no borders.
https://www.cleverism.com/global-marketing-strategies/
The Benefits of Global Marketing
Third
It increases consumer
awareness of your brand
Fourth
It can reduce the costs and
increase your savings
First
It can improve the
effectiveness of the
product or service
Second
Strong competitive
advantage
https://www.cleverism.com/global-marketing-strategies/
What does it do?
● Creates new revenue
opportunities
● Increases brand
awareness and reputation
● It widens your chance to
learn and improve your
products
Why Global Expansion Matters
https://sumo.com/stories/global-marketing-strategy
Customer acquisition
The connection between advertising and customer relationship management to acquire new customers.
Of global marketers employ
paid display acquisition
techniques to attract new
customers
More than half of global
retailers allocate 30% of their
digital budgets on paid display
acquisition techniques
Of global marketers feel
identifying shoppers truly
interested in their products is
very challenging.
64% 30% 61%
Market Entry Strategies
A variety of different ways a company can enter a foreign market:
DIRECT EXPORTING
Selling directly into the
market you have chosen
using your own resources.
LICENSING
A firm transfers the rights
to the use of a product or
service to another firm.
FRANCHISING
Works well for firms that have
a repeatable business model
that can easily be transferred
into other markets.
PARTNERING
Partnering can take a variety of
forms from a simple co-
marketing arrangement to a
sophisticated strategic alliance
for manufacturing.
JOINT VENTURES
Joint ventures are a particular
form of partnership that
involves the creation of a third
independently managed
company.
BUYING A COMPANY
This entry strategy will
immediately provide you the
status of being a local company
and you will receive the
benefits of local market
knowledge.
http://www.tradestart.ca/market-entry-strategies
June 4
July 2
August 5
GLOBAL TRADE
Tariffs and quotas limit global trade. Because of this, the World
Trade Organization was formed in 1995 to help reduce trade
barriers and address other global trade issues. Currently one
hundred sixty-two member countries account for over 95% of
the world's trade. There have been many efforts to encourage
trade by developing free trade zones by the European Union, the
Central American Free Trade Agreement and the Union of South
American nations. In 1994, the North American Free Trade
Agreement, often referred to as NAFTA, was established
between the United States, Canada and Mexico. NAFTA has
eliminated trade restrictions between the three countries. As the
global economy continues to be more integrated, global trade
opportunities continue to be more and more important.
01 TRIPLED TRADE
In 2017, the act has more than tripled
trade between Canada, Mexico, and the
United States since it was enacted.
The agreement reduced and eliminated
tariffs.
SUPPRESSED WAGES
Companies threatened to move to
Mexico to keep workers from joining
unions. Without the unions, workers
could not bargain for better wages.
01
CREATED JOBS
According to a 2010 report, U.S. free trade agreements—the
lion's share of which stemmed from the NAFTA agreement—
directly supported 5.4 million jobs, while trade with these
countries supported 17.7 million.





02
PUT MEXICAN FARMERS
OUT OF BUSINESS
NAFTA put Mexican farmers out of
business. It allowed U.S. government-
subsidized farm products into Mexico.
Local farmers could not compete with
the subsidized prices.
02
INCREASED ECONOMIC
OUTPUT
The U.S. International Trade Commission
found that that full NAFTA implementation
would increase U.S. growth by as much as
0.5% a year.
03 BAD WORK CONDITIONS
Unemployed Mexican farmers went to work in
substandard conditions in the maquiladora program.
Maquiladora is where United States-owned
companies employ Mexican workers near the border.
They cheaply assemble products for export back into
the United States.
03
NAFTA PROS & CONS
PROS CONS
https://www.thebalance.com/nafta-pros-and-cons-3970481
Global Marketing Examples
STARBUCKS
Starbucks adjusts its menu for
local tastes. For Hong Kong, they
have Dragon Dumplings, for
example. The company has had a
wide reputation for the
engagement of local cultures.
McDONALD’S
McDonald’s tries to bring in some local flavor to
particular menu items. McDonald’s has the
McArabia in the Middle East—this is a flatbread
sandwich. It also introduced France to its
macaroons and included the McSpaghetti in the
Philippines. In Mexico, they have a green chili
cheeseburger and in South Korea, they have
bulgogi burgers.
https://www.cleverism.com/global-marketing-strategies/

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Global Marketing: Reconciling Differences Worldwide

  • 1. Global Marketing Marketing on a worldwide scale reconciling or taking global operational differences, similarities, and opportunities in order to reach global objectives. By: Kayleigh Davis
  • 2. Introduction 1. Global marketing is described as the process of adapting your company's marketing strategy to get used to other countries' conditions. International marketing, of course, is more than selling your product or service abroad. It is known as the process of planning, creating, positioning and promoting your good or service in a global market. 2. Big corporations typically have overseas offices for nations to which they sell. Today, even small companies can meet customers everywhere in the world through the proliferation of the internet. If a company decides not to grow internationally, foreign companies that are expanding their international presence will face domestic competition. The amount of competition that this causes pretty much makes it a requirement for businesses to go international. 3. In order to make decisions about which country to work with, companies consider four things a. Assessing the general economic environment b. Assess the country’s infrastructure. c. Determine whether the country has a political and legal environment that favors business. d. Know of the country’s cultural and sociological differences.
  • 3. Global Marketing Strategy 1. A Global Marketing Strategy is a strategy that encompasses countries from several parts of the world and aims at co-ordinating a company’s marketing efforts in the markets of these countries. 2. A GMS does not cover all countries but it spreads across multiple regions. A typical regional breakdown is: Africa, Asia, the Pacific, Europe, and the Middle East, Latin America, and North America. A regional marketing strategy is one that coordinates the marketing effort in one region. 3. Global marketing strategies are actually important parts of a global strategy. In order to create a good global marketing strategy, you must be able to answer: “What I am trying to achieve in an international market?” “What are my company’s strengths and weaknesses for that market?” “How can I counter challenges in the market?” “What potential will I have in this market?” 4. Beyond its breakdown per country or region, a global marketing strategy almost always consists of several things: (1) uniform brand names; (2) identical packaging; (3) similar products; (4) standardized advertising messages; (5) synchronized pricing; (6) coordinated product launches; and (7) harmonious sales campaigns. 5. In general, the two most popular global marketing strategies are: creating a strong and consistent brand culture and marketing as if there are no borders. https://www.cleverism.com/global-marketing-strategies/
  • 4. The Benefits of Global Marketing Third It increases consumer awareness of your brand Fourth It can reduce the costs and increase your savings First It can improve the effectiveness of the product or service Second Strong competitive advantage https://www.cleverism.com/global-marketing-strategies/
  • 5. What does it do? ● Creates new revenue opportunities ● Increases brand awareness and reputation ● It widens your chance to learn and improve your products Why Global Expansion Matters https://sumo.com/stories/global-marketing-strategy
  • 6. Customer acquisition The connection between advertising and customer relationship management to acquire new customers. Of global marketers employ paid display acquisition techniques to attract new customers More than half of global retailers allocate 30% of their digital budgets on paid display acquisition techniques Of global marketers feel identifying shoppers truly interested in their products is very challenging. 64% 30% 61%
  • 7. Market Entry Strategies A variety of different ways a company can enter a foreign market: DIRECT EXPORTING Selling directly into the market you have chosen using your own resources. LICENSING A firm transfers the rights to the use of a product or service to another firm. FRANCHISING Works well for firms that have a repeatable business model that can easily be transferred into other markets. PARTNERING Partnering can take a variety of forms from a simple co- marketing arrangement to a sophisticated strategic alliance for manufacturing. JOINT VENTURES Joint ventures are a particular form of partnership that involves the creation of a third independently managed company. BUYING A COMPANY This entry strategy will immediately provide you the status of being a local company and you will receive the benefits of local market knowledge. http://www.tradestart.ca/market-entry-strategies
  • 9. GLOBAL TRADE Tariffs and quotas limit global trade. Because of this, the World Trade Organization was formed in 1995 to help reduce trade barriers and address other global trade issues. Currently one hundred sixty-two member countries account for over 95% of the world's trade. There have been many efforts to encourage trade by developing free trade zones by the European Union, the Central American Free Trade Agreement and the Union of South American nations. In 1994, the North American Free Trade Agreement, often referred to as NAFTA, was established between the United States, Canada and Mexico. NAFTA has eliminated trade restrictions between the three countries. As the global economy continues to be more integrated, global trade opportunities continue to be more and more important.
  • 10. 01 TRIPLED TRADE In 2017, the act has more than tripled trade between Canada, Mexico, and the United States since it was enacted. The agreement reduced and eliminated tariffs. SUPPRESSED WAGES Companies threatened to move to Mexico to keep workers from joining unions. Without the unions, workers could not bargain for better wages. 01 CREATED JOBS According to a 2010 report, U.S. free trade agreements—the lion's share of which stemmed from the NAFTA agreement— directly supported 5.4 million jobs, while trade with these countries supported 17.7 million.      02 PUT MEXICAN FARMERS OUT OF BUSINESS NAFTA put Mexican farmers out of business. It allowed U.S. government- subsidized farm products into Mexico. Local farmers could not compete with the subsidized prices. 02 INCREASED ECONOMIC OUTPUT The U.S. International Trade Commission found that that full NAFTA implementation would increase U.S. growth by as much as 0.5% a year. 03 BAD WORK CONDITIONS Unemployed Mexican farmers went to work in substandard conditions in the maquiladora program. Maquiladora is where United States-owned companies employ Mexican workers near the border. They cheaply assemble products for export back into the United States. 03 NAFTA PROS & CONS PROS CONS https://www.thebalance.com/nafta-pros-and-cons-3970481
  • 11. Global Marketing Examples STARBUCKS Starbucks adjusts its menu for local tastes. For Hong Kong, they have Dragon Dumplings, for example. The company has had a wide reputation for the engagement of local cultures. McDONALD’S McDonald’s tries to bring in some local flavor to particular menu items. McDonald’s has the McArabia in the Middle East—this is a flatbread sandwich. It also introduced France to its macaroons and included the McSpaghetti in the Philippines. In Mexico, they have a green chili cheeseburger and in South Korea, they have bulgogi burgers. https://www.cleverism.com/global-marketing-strategies/