Thursday, November 1

Global Marketing Strategies

An example of an international procedure for a fashion boot company
Preliminary Screening: 123 countries reviewed
  1. Population
  2. GNP per capita
  3. Urbanization
10 million people and above
$2,400 and above
60 % and above
General Country Indicators: 18 countries reviewed
  1. Political stability
  2. Economic stability
  3. Predicted inflation
  4. Economic growth
  5. Income distribution
  6. Climate
  7. Export risk
Stable for at least 4 years
Stable for at least 4 years
10% and less (4-year period)
Minimum 2%
Top 20% of households less than 50% GNP
Moderate or cold
No lower than "B"
Product Market Indicators: 12 countries reviewed
  1. Import restrictions
  2. Age distribution
  3. Footwear expenditure
  4. Market size
  5. Market growth
No restrictions on footwear imports
At least 50% age 15-64
Per capita footwear expenditure ($)
Millions of pairs sold
Percent growth in footwear sales (1977-1990)
Infrastructure: 6 countries reviewed
  1. TV and radio ownership
  2. Newspaper circulation
  3. Distribution
  4. Competition
Percent of ownership of television and radios
Number of newspaper in circulation
Number of footwear outlets
Presence of key competitors

Segmenting International Markets

Types of Linkages Product Issues Determinants of foreign market pricing Foreign market channels: the 11 C's of Channel Design International Promotion Strategy Benefits of Standardization Barriers to Standardization Dimensions of Global Marketing Strategy
 
Degree of Modification
 
No modification
Minor modification
Major Modification
Positioning
     
Product
     
Brand name
     
Packaging
     
Pricing
     
Advertising
     
Consumer promotion
     
Trade promotion
     
Public relations
     
Distribution
     

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