Question

Do global companies use the same approach marketing their brands country to country?

Do global companies use the same approach marketing their brands country to country?

Homework Answers

Answer #1

Answer.

No, global companies use different approach for marketing their brands in different countries. Because, the same strategies or approcah worked in a particular country cannot be assumed to work in other countries too. This is due to the cultural changes, demographic factors, tastes and preferences of the people of those countries and other factors like government regulations, industry attractiveness, resource constraints, and brand recognition.

Every business needs to consider all the above stated and other related aspects to market their products or services in multiple nations, apply suitable strategies which matches their markets needs, and implement effective segmentation, targeting and positioning.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
When it comes to Apple from a global marketing standpoint, use Global marketing, Marketing mix, Competitive...
When it comes to Apple from a global marketing standpoint, use Global marketing, Marketing mix, Competitive advantage, Product/Market expansion framework, Driving forces affecting global marketing, Restraining forces affecting global marketing to explain your analysis of their global marketing failure or decline. Throughout your initial post, bold and underline each of the six terms and theories you use to make them easy to identify. If you were consulted as the global marketing expert to make recommendations to management of that company,...
select 2 brands research the marketing strategies of the competitors -determine if they are marketing to...
select 2 brands research the marketing strategies of the competitors -determine if they are marketing to the same segment, the differences, what drives the consumer behavior and why, what recommendations do you have for each company.
Identify three brands you frequently use. Why are you loyal to these brands? Is it from...
Identify three brands you frequently use. Why are you loyal to these brands? Is it from marketing messages or from your experience using these brands? What branding strategies do these three brands use?
What are the challenges of conducting marketing research in global markets. Provide examples of companies that...
What are the challenges of conducting marketing research in global markets. Provide examples of companies that failed to conduct adequate research and failed in in their attempt to compete successfully in foreign markets.
There are many factors that impact the marketing approach a company will take when branding a...
There are many factors that impact the marketing approach a company will take when branding a product across global markets. One of the most significant decisions facing an international organization is whether to standardize marketing across all countries or devise individual national marketing campaigns for each country. Based on the reading in Chapter 16: Describe at least three strategic factors a business owner must take into consideration when deciding whether to standardize or specialize their marketing approach. Analyze which of...
1. Describe the global legal environment a firm faces in doing business overseas. What is the...
1. Describe the global legal environment a firm faces in doing business overseas. What is the role of jurisdiction clause? Describe the different ways in which disputes can be resolved. Why is ‘arbitration’ a preferred approach? 2. Why should global marketing research be conducted? Describe the reasons for global marketing research being broader in scope than domestic marketing? Why companies should use ‘secondary research’ and the limitations of these information? 3. Describe your understanding of the ‘Total Product’ and its...
"Strong Brands". Several companies use their brand as a competitive advantage. Given three brandsyou believe have...
"Strong Brands". Several companies use their brand as a competitive advantage. Given three brandsyou believe have the strongest like hood of remaining a source of advantage in he 21st Century and explain why. Explain the effects you believe the Interne's capbilities will have on the Brands you identified in the previous discussion and should do in light of them.
Why do you think a global marketing mix is important in today's economy?
Why do you think a global marketing mix is important in today's economy?
Global marketing course: 1) The main benefits of face recognition for marketing? 2) List an example...
Global marketing course: 1) The main benefits of face recognition for marketing? 2) List an example of an organization that either already benefits or could benefit by utilizing facial-recognition software? 3) Why marketers must be careful about the facial expressions and body language in the global marketing? 4) How privacy and security are affected by such technology? 5) Find out the regulations of one country of your choice (not the U.S.A.) regarding protecting privacy
1- Do you see any disadvantages to brands participating in social media? How does marketing affect...
1- Do you see any disadvantages to brands participating in social media? How does marketing affect the way you interact with social media? 2-As a consumer of mobile marketing, what is your reaction to mobile ads? What are some of the most effective ads? The least? How do they differ?