Global Marketing Enhanced

Höfundur Svend Hollensen

Útgefandi Pearson International Content

Snið Page Fidelity

Print ISBN 9781292251806

Útgáfa 8

Höfundarréttur 2020

4.890 kr.

Description

Efnisyfirlit

  • Praise for Global Marketing
  • Half Title Page
  • Title Page
  • Copyright Page
  • Brief contents
  • Contents
  • Preface
  • Acknowledgements
  • Publisher’s acknowledgements
  • Abbreviations
  • About the author
  • Part I The decision whether to internationalize
  • 1 Global marketing in the firm
  • Learning objectives
  • 1.1 Introduction to globalization
  • 1.2 The process of developing the global marketing plan
  • 1.3 Comparison of the global marketing and management style of SMEs and LSEs
  • Exhibit 1.1 LEGO’s strategic drift
  • Exhibit 1.2 Economies of scale with Nintendo Game Boy
  • 1.4 Should the company internationalize at all?
  • 1.5 Development of the ‘global marketing’ concept
  • Exhibit 1.3 Helly Hansen uses ‘localization’ through geo-targeting technology
  • Exhibit 1.4 Persil Black and Persil Abaya = glocalization (same product, but different packaging an
  • 1.6 Forces for global integration and market responsiveness
  • Exhibit 1.5 McDonald’s is moving towards a higher degree of market responsiveness
  • 1.7 The value chain as a framework for identifying international competitive advantage
  • 1.8 Value shop and the ‘service value chain’
  • 1.9 Global experiential marketing
  • Exhibit 1.6 Case Construction Equipment is using experiential marketing
  • Exhibit 1.7 IKEA’s use of AR
  • 1.10 Information business, ‘Big Data’ and the virtual value chain
  • 1.11 Artificial Intelligence (AI) and its influence on global marketing
  • 1.12 Summary
  • Case studies
  • 1.1 Green Toys, Inc.: a manufacturer of eco-friendly toys goes international
  • 1.2 Hunter Boot Ltd: the iconic British brand is moving into exclusive fashion
  • 1.3 Nivea
  • 1.4 Uber
  • Questions for discussion
  • References
  • 2 Initiation of internationalization
  • Learning objectives
  • 2.1 Introduction
  • 2.2 Internationalization motives
  • Exhibit 2.1 Jagermeister: the famous herbal liqueur is going global as a result of ‘managerial urge’
  • Exhibit 2.2 Global marketing and economies of scale in Japanese firms
  • Exhibit 2.3 Internationalization of Haier – proactive and reactive motives
  • 2.3 Triggers of export initiation (change agents)
  • 2.4 Internationalization barriers/risks
  • Exhibit 2.4 De-internationalization at British Telecommunications (BT)
  • 2.5 Summary
  • Case studies
  • 2.1 LifeStraw: Vestergaard-Frandsen transforms dirty water into clean drinking water
  • 2.2 Elvis Presley Enterprises Inc. (EPE): internationalization of a cult icon
  • 2.3 TOMS Shoes
  • Questions for discussion
  • References
  • 3 Internationalization theories
  • Learning objectives
  • 3.1 Introduction
  • 3.2 The Uppsala internationalization model
  • 3.3 The transaction cost analysis (TCA) model
  • 3.4 The network model
  • 3.5 Born globals
  • Exhibit 3.1 K-pop – a ‘born global’ phenomenon has worldwide success
  • 3.6 Summary
  • Case studies
  • 3.1 Bumble: the ‘Feminist Tinder’ is expanding fast
  • 3.2 BYD electrical cars: the Chinese electric car manufacturer is considering sales worldwide
  • 3.3 Reebok
  • Questions for discussion
  • References
  • 4 Development of the firm’s international competitiveness
  • Learning objectives
  • 4.1 Introduction
  • 4.2 Analysis of national competitiveness (the Porter diamond)
  • 4.3 Competition analysis in an industry
  • 4.4 Value chain analysis
  • Exhibit 4.1 Hilti is selling the ‘use’ – not the product
  • 4.5 The sharing economy
  • 4.6 The sustainable global value chain
  • 4.7 Corporate social responsibility (CSR)
  • Exhibit 4.2 Chiquita – integrating CSR in the resource base
  • 4.8 The value net
  • Exhibit 4.3 Value net – cooperation/competition between competitors within each airline alliance.
  • 4.9 Blue ocean strategy and value innovation
  • 4.10 Summary
  • Case studies
  • 4.1 William Demant hearing aids: different threats appear on the horizon
  • 4.2 DJI Technology Co. Ltd: a Chinese ‘born global’ is dominating the world market for drones with i
  • 4.3 Nike
  • Questions for discussion
  • References
  • Part I Case studies
  • I.1 Electrolux: a white goods manufacturer is considering growth opportunities worldwide
  • I.2 Nintendo Switch
  • I.3 Cereal Partners Worldwide (CPW): the no. 2 world player is challenging the no. 1, Kellogg
  • Part II Deciding which markets to enter
  • 5 Global marketing research
  • Learning objectives
  • 5.1 Introduction
  • 5.2 The changing role of the international researcher
  • 5.3 Linking global marketing research to the decision-making process
  • 5.4 Secondary research
  • 5.5 Primary research
  • 5.6 Other types of marketing research
  • 5.7 Marketing research based on Web 3.0
  • Exhibit 5.1 Amazon.com – sustaining a competitive advantage through market research and analytics
  • 5.8 Setting up an international marketing information system (MIS)
  • 5.9 Summary
  • Case studies
  • 5.1 Teepack Spezialmaschinen GmbH: organizing a global survey of customer satisfaction
  • 5.2 LEGO Friends: one of the world’s largest toy manufacturers moves into the girls’ domain
  • 5.3 e-Bikes in China
  • 5.4 Hondajets: Honda enters the small-sized business jet market
  • Questions for discussion
  • References
  • 6 The political and economic environment
  • Learning objectives
  • 6.1 Introduction
  • 6.2 The political/legal environment
  • Exhibit 6.1 Huawei Technologies Corporation: the role of home government in the internationalization
  • Exhibit 6.2 Google is experiencing political risk in China
  • 6.3 The economic environment
  • 6.4 The European Economic and Monetary Union and the euro
  • 6.5 BRIC – the slowing growth is hitting the emerging countries
  • Exhibit 6.3 Chotukool – Indian Godrej is creating a disruptive innovation (a low-cost refrigerator
  • 6.6 ‘Bottom of pyramid’ (BOP) as a market opportunity
  • Exhibit 6.4 Voltic Cool Pac – distribution of water in Ghana (up to 2011)
  • 6.7 Summary
  • Case studies
  • 6.1 G-20 and the economic and financial crises: what on earth is globalization about? Protests durin
  • 6.2 Danfoss Power Solutions: which political/economic factors would affect a manufacturer of hydraul
  • 6.3 Debate on globalization
  • Questions for discussion
  • References
  • 7 The sociocultural environment
  • Learning objectives
  • 7.1 Introduction
  • 7.2 Layers of culture
  • Exhibit 7.1 Electrolux adapts its vacuum cleaner for the Japanese market
  • 7.3 High- and low-context cultures
  • 7.4 Elements of culture
  • Exhibit 7.2 In China the Citroen C4 brand name was changed to Citroen c-Quatre
  • Exhibit 7.3 Sensuality and touch culture in Saudi Arabian versus European advertising
  • Exhibit 7.4 Polaroid’s success in Muslim markets
  • 7.5 Hofstede’s model (the ‘4 + 2’ dimensions model) versus the GLOBE model
  • Exhibit 7.5 Pocari Sweat – a Japanese soft drink expands sales in Asia
  • 7.6 Managing cultural differences
  • 7.7 Convergence or divergence of the world’s cultures
  • 7.8 The effects of cultural dimensions on ethical decision-making
  • Exhibit 7.6 The quest for beauty opens a huge market for whitening products in Asia
  • 7.9 Summary
  • Case studies
  • 7.1 Cirque du Soleil Inc.: the show that revolutionized the circus arts is expanding its global scop
  • 7.2 The Ikea catalogue: are there any cultural differences?
  • 7.3 Allergan – the maker of Botox and breast implants
  • Questions for discussion
  • References
  • 8 The international market selection process
  • Learning objectives
  • 8.1 Introduction
  • 8.2 International market selection: SMEs versus LSEs
  • 8.3 Building a model for international market selection
  • Exhibit 8.1 Bosch Security Systems: IMS in the Middle East for fire detection systems
  • 8.4 Market expansion strategies
  • Exhibit 8.2 Sunquick’s waterfall approach
  • Exhibit 8.3 An example of the ‘trickle-up’ strategy
  • Exhibit 8.4 Bajaj is selecting new international markets ignored by global leaders
  • 8.5 The global product/market portfolio
  • 8.6 Summary
  • Case studies
  • 8.1 Waymo: the driverless Google car is finding future growth markets
  • 8.2 Philips Lighting: screening markets in the Middle East
  • 8.3 Oreo (Mondelez)
  • Questions for discussion
  • References
  • Part II Case studies
  • II.1 SodaStream: managing profitable growth in an increasingly competitive global environment
  • II.2 The Female Health Company (FHC): the female condom is seeking a foothold in the world market fo
  • II.3 Rolex: the luxury watch maker is facing increasing competition in the world market
  • Part III Market entry strategies
  • 9 Some approaches to the choice of entry mode
  • Learning objectives
  • 9.1 Introduction
  • 9.2 The transaction cost approach
  • 9.3 Factors influencing the choice of entry mode
  • Exhibit 9.1 Zara is modifying its preferred choice of entry mode, depending on the psychic distance
  • 9.4 Summary
  • Case studies
  • 9.1 Jarlsberg: the king of Norwegian cheeses is deciding on entry modes into new markets
  • 9.2 Jissbon: is acquisition the right way to gain market shares in the Chinese condom market?
  • 9.3 Understanding entry modes into the Chinese market
  • 9.4 Muller Yogurts – entering the US market by Muller Quaker Joint Venture and exit again two year
  • Questions for discussion
  • References
  • 10 Export modes
  • Learning objectives
  • 10.1 Introduction
  • 10.2 Indirect export modes
  • 10.3 Direct export modes
  • Exhibit 10.1 Lofthouse of Fleetwood’s (Fisherman’s Friend) decision criteria when selecting new dist
  • 10.4 Cooperative export modes/export marketing groups
  • 10.5 Summary
  • Case studies
  • 10.1 Lysholm Linie Aquavit: international marketing of the Norwegian Aquavit brand
  • 10.2 Parle Products: an Indian biscuit manufacturer is seeking agents and cooperation partners in ne
  • 10.3 Honest Tea
  • Questions for discussion
  • References
  • 11 Intermediate modes
  • Learning objectives
  • 11.1 Introduction
  • 11.2 Contract manufacturing
  • 11.3 Licensing
  • 11.4 Franchising
  • Exhibit 11.1 Build-a-Bear workshop’s use of the indirect franchising model in Germany – Austria
  • 11.5 Joint ventures/strategic alliances
  • Exhibit 11.2 Irn-Bru’s distributor alliance (Y coalition) with Pepsi Bottling Group (PBG) in Russia
  • Exhibit 11.3 Safedom: a Chinese condom manufacturer needed a partner with which to enter the Europea
  • 11.6 Other intermediate entry modes
  • 11.7 Summary
  • Case studies
  • 11.1 Hello Kitty: can the cartoon cat survive the buzz across the world?
  • 11.2 KABOOKI: licensing in the LEGO brand
  • 11.3 Marriott
  • Questions for discussion
  • References
  • 12 Hierarchical modes
  • Learning objectives
  • 12.1 Introduction
  • 12.2 Domestic-based sales representatives
  • 12.3 Resident sales representatives/foreign sales branch/foreign sales subsidiary
  • 12.4 Sales and production subsidiary
  • 12.5 Subsidiary growth and integration strategies
  • 12.6 Region centres (regional HQ)
  • 12.7 Transnational organization
  • 12.8 Establishing wholly owned subsidiaries – acquisition or greenfield
  • 12.9 Location/relocation of HQ
  • 12.10 Foreign divestment: withdrawing from a foreign market
  • Exhibit 12.1 Tesco’s withdrawal from Japan in 2012 –later in China
  • Exhibit 12.2 Walmart’s withdrawal from the German market
  • 12.11 Summary
  • Case studies
  • 12.1 Ralph Lauren Corporation: Polo moved distribution for South-East Asia in-house
  • 12.2 Durex condoms: SSL sell Durex condoms in the Japanese market through its own organization
  • 12.3 Starbucks
  • Questions for discussion
  • References
  • 13 International sourcing decisions and the role of the subsupplier
  • Learning objectives
  • 13.1 Introduction
  • 13.2 Reasons for international sourcing
  • 13.3 A typology of subcontracting
  • 13.4 Buyer–seller interaction
  • 13.5 Development of a relationship
  • 13.6 Reverse marketing: from seller to buyer initiative
  • 13.7 Internationalization of subcontractors
  • Exhibit 13.1 An example of Japanese network sourcing: the Mazda seat-sourcing case
  • 13.8 Project export (turnkey contracts)
  • 13.9 Summary
  • Case studies
  • 13.1 ARM: challenging Intel in the world market of computer chips
  • 13.2 Bosch Indego: how to build B2B and B2C relationships in a new global product market – robotic
  • 13.3 Kone elevators and escalators
  • Questions for discussion
  • References
  • Part III Case studies
  • III.1 Tinder dating app: the famous dating app brand is facing increasing competition from e.g. Bado
  • III.2 Spotify: the online music-streaming company is growing fast but is suffering financial imbalan
  • III.3 Autoliv Airbags: transforming Autoliv into a global company
  • Part IV Designing the global marketing programme
  • 14 Product decisions
  • Learning objectives
  • 14.1 Introduction
  • 14.2 The dimensions of the international product offer
  • 14.3 Developing international service strategies
  • Exhibit 14.1 Salesforce.com as provider of CRM ‘cloud’ services
  • 14.4 The product life cycle
  • Exhibit 14.2 The iOS (Apple)/Android (Google) global contest in the smartphone business
  • Exhibit 14.3 Threadless T-shirt crowdsourcing business
  • 14.5 New products for the international market
  • Exhibit 14.4 Product invention – solar-powered portable charging systems for India
  • 14.6 Product positioning
  • Exhibit 14.5 Chinese piano manufacturers are experiencing the ‘country of origin’ (COO) effect
  • Exhibit 14.6 Madame Tussauds – a brand that brings people closer to celebrities on a global basis
  • 14.7 Brand equity
  • 14.8 Branding decisions
  • Exhibit 14.7 Unilever’s Snuggle fabric softener – an example of local brands in multiple markets
  • Exhibit 14.8 Kellogg under pressure to produce under Aldi’s own label
  • Exhibit 14.9 Shell’s co-branding with Ferrari and LEGO
  • Exhibit 14.10 Roundup – a global brand for multiple markets
  • Exhibit 14.11 Maggi – local brands for multiple markets through acquisitions
  • 14.9 Sensory branding
  • Exhibit 14.12 Starbucks’ expanding product line strategy is causing problems for its ‘scent marketin
  • 14.10 Implications of the internet for collaboration with customers on product decisions
  • 14.11 Internet of Things (IoT) and its use for marketers
  • Exhibit 14.13 Google’s use of IoT in the form of the smart thermostat, Nest
  • 14.12 3-D printing – a possible new industrial revolution in customization
  • Exhibit 14.14 Coca-Cola Israel increases its sales of their mini bottle though a ‘Mini Me’ 3-D Print
  • 14.13 Global mobile app marketing
  • Exhibit 14.15 L’Oreal is extending the customers’ buying experience with the mobile app Makeup Geniu
  • 14.14 ‘Long tail’ strategies
  • 14.15 Brand piracy and anti-counterfeiting strategies
  • Exhibit 14.16 The next stage in pirating, faking an entire company – NEC
  • 14.16 Summary
  • Case studies
  • 14.1 Danish Klassic: launch of a cream cheese in Saudi Arabia
  • 14.2 Zippo Manufacturing Company: has product diversification beyond the lighter gone too far?
  • 14.3 Burberry branding
  • 14.4 Tequila Avion
  • Questions for discussion
  • References
  • 15 Pricing decisions and terms of doing business
  • Learning objectives
  • 15.1 Introduction
  • 15.2 International pricing strategies compared with domestic pricing strategies
  • 15.3 Factors influencing international pricing decisions
  • 15.4 International pricing strategies
  • Exhibit 15.1 German car manufacturers are using ‘skimming’ price strategy in China
  • Exhibit 15.2 A ‘market pricing’ (‘mass point’) strategy in use: the Converse brand is making a comeb
  • Exhibit 15.3 Volkswagen Group’s product portfolio approach to pricing
  • Exhibit 15.4 The Gillette price premium strategy
  • Exhibit 15.5 Dollar Shave Club
  • 15.5 Implications of the internet for pricing across borders
  • 15.6 Terms of sale and delivery
  • 15.7 Terms of payment
  • 15.8 Export financing
  • 15.9 Summary
  • Case studies
  • 15.1 Harley-Davidson: how should the pricing strategy be affected by the new EU tariffs in 2018?
  • 15.2 Gillette Co.: is price standardization possible for razor blades?
  • 15.3 Vaseline pricing strategy
  • Questions for discussion
  • References
  • 16 Distribution decisions
  • Learning objectives
  • 16.1 Introduction
  • 16.2 External determinants of channel decisions
  • 16.3 The structure of the channel
  • Exhibit 16.1 Burberry: the iconic British luxury brand targets 25 of the world’s wealthier cities
  • 16.4 From single-channel to omnichannel strategy
  • Exhibit 16.2 Dell’s use of the multichannel distribution strategy
  • 16.5 Managing and controlling distribution channels
  • 16.6 Blockchain technology and its influence on international marketing and SCM
  • Exhibit 16.3 Maersk’s use of blockchain in their shipping
  • 16.7 Implications of the internet for distribution decisions
  • 16.8 Online retail sales
  • 16.9 Smartphone marketing
  • 16.10 Channel power in international retailing
  • Exhibit 16.4 The ‘banana split’ model
  • 16.11 Grey marketing (parallel importing)
  • 16.12 Summary
  • Case studies
  • 16.1 De Beers: forward integration into the diamond industry value chain
  • 16.2 Tupperware: the global direct distribution model is still working
  • 16.3 DHL
  • Questions for discussion
  • References
  • 17 Communication decisions (promotion strategies)
  • Learning objectives
  • 17.1 Introduction
  • 17.2 The communication process
  • Exhibit 17.1 Husqvarna’s consumer wheel
  • 17.3 Communication tools
  • Exhibit 17.2 LEGO Ninjago’s 360-degree marketing communication
  • Exhibit 17.3 Ricola is using celebrity endorsement in the international marketing of its herbal drop
  • Exhibit 17.4 Ambush marketing strategy – Dutch Bavaria vs Anheuser Busch’s Budweiser during the Fi
  • 17.4 International advertising strategies in practice
  • Exhibit 17.5 Jarlsberg® cheese – cross-border communication
  • 17.5 Implications of the internet for communication decisions
  • 17.6 Social media marketing
  • Exhibit 17.6 Abena is using ‘influencer marketing’ to penetrate the US diaper market
  • 17.7 Categorization of social media
  • 17.8 The social media funnel
  • 17.9 Development of the social media marketing plan
  • 17.10 Developing a viral marketing campaign
  • Exhibit 17.7 Fox Business (Trish Regan) is selling a political statement
  • 17.11 Summary
  • Case studies
  • 17.1 Helly Hansen: sponsoring fashion clothes in the US market
  • 17.2 Morgan Motor Company: can the British retro sports car brand still be successful after 100 year
  • 17.3 BMW Motorcycles
  • Questions for discussion
  • References
  • Part IV Case studies
  • IV.1 Swarovski: the jewellery/crystal manufacturer is expanding into e-commerce and social media
  • IV.2 Levi Strauss: expanding in new international markets
  • IV.3 Guinness: how can the iconic Irish beer brand compensate for declining sales in the home market
  • Part V Implementing and coordinating the global marketing programme
  • 18 Cross-cultural sales negotiations
  • Learning objectives
  • 18.1 Introduction
  • Exhibit 18.1 Google gives a clock as gift in China
  • 18.2 Cross-cultural negotiations
  • Exhibit 18.2 Euro Disney becomes Disneyland Resort Paris – Disney learns to adapt to European cult
  • 18.3 Intercultural preparation
  • 18.4 Coping with expatriates
  • 18.5 Knowledge management and learning across borders
  • 18.6 Transnational bribery in cross-cultural negotiations
  • 18.7 Summary
  • Case studies
  • 18.1 ZamZam Cola: marketing of a ‘Muslim’ cola from Iran to the European market
  • 18.2 TOTO: the Japanese toilet manufacturer seeks export opportunities for its high-tech brands in t
  • 18.3 Dunkin’ Donuts
  • 18.4 Stella & Dot
  • Questions for discussion
  • References
  • 19 Organization and control of the global marketing programme
  • Learning objectives
  • 19.1 Introduction
  • 19.2 Organization of global marketing activities
  • 19.3 The global account management organization
  • Exhibit 19.1 Danfoss Power Solutions’ GAM
  • 19.4 Controlling the global marketing programme
  • 19.5 The global marketing budget
  • 19.6 The process of developing the global marketing plan
  • 19.7 Summary
  • Case studies
  • 19.1 Mars Inc.: merger of the European food, pet care and confectionery divisions
  • 19.2 Henkel: should Henkel shift to a more customer-centric organization?
  • 19.3 McDonald’s
  • Questions for discussion
  • References
  • Part V Case studies
  • V.1 Tencent: the Chinese online giant is seeking new alliances
  • V.2 Huawei smartphones: expanding into the international markets for smartphone
  • V.3 Tetra Pak: how to create B2B relationships with the food industry on a global level
  • Index
  • Back Cover
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