Global marketing - Success, Failures and Strategy. Global Marketing is the ultimate game plan a company aspire to but to navigate it successfully you need to study the landscape of your market.
2. GLOBAL MARKETING
1. A marketing
strategy that
consciously
addresses global
customers, markets,
and competition in
formulating a
business strategy.
3. GLOBAL MARKETING
2. (Consumer
behavior definition)
An approach to
international strategy
that argues for
marketing a product
in essentially the
same way everywhere
in the world.
34. Why Global Marketing
To Survive
and Grow
To Diversify
Product and
Market Portfolios
and Improve
Competitiveness
To Capitalize on
the Attractiveness
of Additional
Country Markets
To Operate
Within a Global
Marketplace
35. 1. Learn to satisfy consumers in diverse
conditions;
1. Manage marketing tasks more efficiently
and effectively;
1. Preempt or counter competitive attacks
in more than one market;
1. Expand customer base to include
developed and developing nations
Why Global Marketing : To Survive and Grow
36. 1. Effects of seasonal and cyclical
fluctuations in one market offset by
others
2. Diversification increases market
size and enhances economies of scale
Why Global Marketing : To Diversify Product and
Market Portfolios and Improve Competitiveness
37. 1. Accommodate unlimited growth
2. Expand market size by expanding into other
countries
3. Maurice G. Hardy: Why expand into other
countries? A. Keep competitors in their own
countries; b. Take advantage of growing
opportunities in Europe and the Asia Pacific
Why Global Marketing : To Capitalize on the
Attractiveness of Additional Country Markets
38. 1. Goods, services, capital, technology, and
labor are going global;
2. Reduced government restrictions are
affecting global marketing;
3. Bilateral and multilateral negotiations are
reducing restrictions
Why Global Marketing : To Operate Within a
Global Marketplace
In January 2015, Airbnb launched a social media campaign around the hashtag #OneLessStranger.,
Just three weeks after the launch of the campaign, over 3,000,000 people worldwide engaged, created content, or were talking about the campaign.