Rhinoshield Inc. decided to expand its business internationally with its core product of shock-absorbed iPhone case. The CMO of Rhinoshield Inc. decided that no changes will be necessary in either the marketing mix or the product for export. What type of marketing strategy is the CMO advocating?
standardized marketing mix |
|
engineering driven marketing mix |
|
leveraged marketing mix |
|
adapted marketing mix |
|
distributive marketing mix |
Option A
Standardized marketing mix
Since the CMO of Rhinoshield Inc. had decided that no changes will be necessary in either the marketing mix or the product for export, the employed type of marketing strategy is standardized marketing mix.
The standardized marketing mix is used when a company treats the whole world as a single market with little meaningful variation. The assumption is that one same product can meet the needs of people everywhere.
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