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
Reviews
There are no reviews yet.