EBK PRINCIPLES OF MARKETING
17th Edition
ISBN: 9780134461427
Author: Armstrong
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 19, Problem 19.17CC
Summary Introduction
Case summary:
Company is the product from Country F which deals with all kinds of cosmetics all over the world. The main success of the company is that it reads and learns all the cultures of the marketing countries. It uses the concept of universalization. After understanding the culture and preference it standardizes their products according to the preference of the consumers.
Characters in the case:
- Company L
To discuss: The best approaches of Company L in the 5 global products and communication strategies.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Which of the five strategies for adapting products and promotion for global markets does Monster employ?
Name and describe the advantages and disadvantages of the different types of joint venturing when entering a foreign market.
• What have international marketing strategies been key to Kors's success?
Describe the role of branding in the global luxury products market.
• What can Kors do to expand international sales?
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.Similar questions
- .. Enumerate the opportunities for innovation and value creation through alliance marketing, such as cross-selling and upselling opportunities, joint product development initiatives, and access to new markets or distribution channels through partner networks.arrow_forwardWhich factors in the global marketing environment have challenged Monster’s global marketing activities most? How has Monster met those challenges?arrow_forwardHow well does JetBlue manage its relationships with customers? What customer relation-ship management strategy does it use?arrow_forward
- With a Venn diagram, showcase the difference between international marketing and domestic marketing.arrow_forwardWhat are the characteristics of B2B distribution strategy at the international level?arrow_forwardWhich strategy does L’Oréal employ for entering a new market? How does the company benefit from this approach?arrow_forward
- Strategy execution and effectiveness evaluation of LVHM entering American marketarrow_forwardWhich generic strategy Airbnb is adopting? Why does Airbnb take this strategy based on your analysis?arrow_forwardWhat preparations should Sanicare undertake for its planned foray into foreign markets?arrow_forward
- V1. Please answer the following questions about Dunkin Donuts without PLAGIARISM:- 1) Market coverage strategy of Dunkin Donuts and why? 2) Provide suggestions so if Dunkin Donuts needs to adapt or standardise its product in the new market and why? How should they implement their packaging and labelling for the new market? 3) What communication strategies should Dunkin Donuts consider specifically for this new market? 4) What is the most applicable distribution strategy that Dunkin Donuts should consider for this new market? And why?arrow_forwardAssume that you are the director of international marketing for a company basically in channel business of wide range of businesses. Your outfit depended largely on operations of channel members to make sure goods reach target markets of your clients. Required:a) Discus the cost you incur using the services of the channel members. b) Analyze some of the issues facing channel members in their quest to be successful c) How is the growth of internet having a tool the business?arrow_forward2. Industry forces affecting the global pharmaceutical industry Address all aspects of a five forces analysis and discuss how these forces have changed over time. Do these forces differ by industry sector and where would you place the different sectors in the industry life cycle? 3. Strategic groups within the global ethical pharmaceutical industry Identify five broad types of industry players in the global pharmaceutical industry. Describe the strategic choices made by Sanofi from 2008 onwards and comment on what may have been the drivers behind these choices and how successful they were.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you