Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
What are an argument and an example of why Walmart failed to enter the German retail market?
Expert Solution
Introduction
Company will offer customises services and products to customers and will get profit and return of that. When local market gets saturated company will grow into foreign markets.
This leads to globalisation which is best for customers because they get to enjoy the best products from different region but increases competition for the local players. Company also goes into a large shift in various aspects like business model, product, etc. when operating in different region and providing for different people.
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