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ADAPTIVE MARKETING PROGRAM
adapting marketing
strategy to local conditions
GLOBAL SIMILARITIES & DIFFERENCES
Cultural dimensions
• Individualism / collectivism
• High / Low power distance
• Masculine / Feminine
• Weak / Strong uncertainty avoidance
• Long-term / Short-term orientation
• Indulgence / restrain
GLOBAL SIMILARITIES & DIFFERENCES
Cultural dimensions
 PRODUCT FEATURES
 LABELING
 COLORS
 MATERIALS
 SALES PROMOTION
 ADVERTISING MEDIA
MARKETING ADAPTATION
Determine elements adding more revenue than cost if adapted
 BRAND NAME
 PACKAGING
 ADVERTISING EXECUTION
 PRICES
 ADVERTISING THEMES
GLOBAL PRODUCT STRATEGIES
Some products cross borders
without
adaptation better than others
Product standardization
Product
Adaptation
Strategies
STRAIGHT EXTENTION
PRODUCT ADAPTATION
PRODUCT INVENTION
Introduce product without change
• Regional version
• Country version
• Backward (reintroduce earlier forms)
• Forward (new product)
• City version
• Retailer version
GLOBAL PRODUCT STRATEGIES
Marketers need to change
certain brand elements
Brand Element Adaptation
GLOBAL COMMUNICATION STRATEGIES
Changing marketing communications for each local market
Communication Adaptation
GLOBAL COMMUNICATION STRATEGIES
1. Ensure communications are legal & acceptable
2. Check creative strategies & approach
3. Vary the message appeal
Global Adaptation
GLOBALPRICING
STRATEGIES • Uniform price
• Market-based price in country
• Cost-based price in country
PRICE ESCALATION
One unit charges another unit in the same company
a transfer price for goods shipped to foreign subsidiaries
TRANSFER PRICES
GREY MARKETS
diverts branded products from authorized distribution channel
COUNTERFEIT PRODUCTS
GLOBAL DISTRIBUTION STRATEGIES
• International marketing headquarter
• Channels between nations
• Channels within foreign nations
Channel Entry
GLOBAL DISTRIBUTION STRATEGIES
• Distribution channel complexity
• Size & character of retails
• High markups
• Incomes
Channel Differences
Adaptive marketing program

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Adaptive marketing program