takes more than localizing your customer-facing business to win in emerging markets. by Nirmalya Kumar and Phanish Puranam OCTOBER 2011 reprint R1110J The Globe Microsoft CEO Steve Ballmer speaks, in May 2011, as the company opens the headquarters of its AsiaPacific R&D Group in Beijing. Have You Restructured For Global Success? T Photography: Getty Images It takes more than localizing your customer-facing business to win in emerging markets. by Nirmalya Kumar and Phanish Puranam 2 Harvard Business
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Marketing managers are often faced with many decisions on how to best develop a brand. Branding is a focal part of marketing which helps companies distinguish themselves from one another. Today’s marketers are faced with challenges on selecting the best branding strategies; should branding be done using functional marketing and or using physic(emotional) marketing? Marketing is an ever-evolving dynamic process that doesn’t seem to have a one simple cut solution. It’s important for a company to convey
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Prince Sports, Inc.: Tennis Racquets for Every Segment is based on the fact that how the world is changing and how social marketing and social media has helped Prince Sports to reach younger consumers. Prince Sports sells racquets for tennis, badminton and squash along with footwear, bags, tennis balls, apparel and other accessories. Prince Sports is benefiting from the trend of increased tennis participation and it focuses on meeting the needs of all levels of tennis player. Prince Sports understand
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Introduction There is a rising trend outward FDI (OFDI) from emerging market, mostly dominated by countries such as China and India (Gao, Liu, & Zhou, 2013). China’s outward FDI increased from $27 billion in the year 2000 to $230 billion by the end of the year 2009. Since the late 1990s, India’s OFDI has increased to $77 billion by the end of the year 2009 (Buckley, Forsans, & Munjal, 2012). Porter’s national competitive advantage emphasizes productivity growth as the focus of success in
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Cassie Smith International Marketing Case Study 3: Microwave Ovens Microwave ovens were first introduced in the commercial market in 1952 and has been gaining popularity ever since, growing to become a standard kitchen appliance in most households. However, the potential growth may have been on a standstill in the market of South-East Asia. Microwaves aren’t the first-option to cook with in India compared to European countries or the United States. The Indian culture prefers to cook in the
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Case Study 5 Kim Chau California Southern University MKT 86500 September 19, 2014 Dr. Hoon Harley-Davidson: Style and Strategy Have Global Reach Introduction In the case of Harley-Davidson, Style and Strategy Have Global Reach, a question of survival in an economic storm is raised – given a new CEO and a revised vision, can Harley-Davidson weather trouble times (Schermerhorn, 2011). Historically, Harley-Davidson was founded by William S. Harley and Arthur Davidson in 1903. They built
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IMPROVING THE RETAIL EXPERIENCE SUBMITTED BY: Siddharth K. Mehta Associate Consultant EXECUTIVE SUMMARY Even with all the money spent in handling the communications around a brand, so much of a consumer’s intellect of a brand comes through the retail experience. This is particularly true in a retail environment where ensuring brand and retail consistency can be more stimulating than with the manufacturing of products. The entire sense of the retail store strengthens the brand’s image of
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regarding its evolving and innovative product range. They manufacture high quality at the lowest possible price, if prices rise due to price hike then the production process is made cheaper by changing the place of produ ction. It has a strong sense of marketing campaign by sponsoring top athletes. It uses lunarlite foam and flywire materials in order to make the manufactured shoes lighter and more controllable. Nike, Inc is listed in NYSE and positioned as a US headquartered worldwide sportswear trader
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TABLE OF CONTENTS 1.0 Introduction ………………………………………………………. 2.0 Control of the firm ……………………………………………….. * 2.1 Trends * 2.2 Forces * 2.3 Events 3.0 Direct competitor …………………………………………………. 4.0 Application of theories …………………………………………… * 4.1 SWOT Analysis * 4.2 Porter’s five forces 5.0 Recommendations ………………………………………………… 6.0 Conclusion …………………………………………………………. 7.0 Reference …………………………………………………………... STRATEGIC MANAGEMENT REDBULL 1.0 INTRODUCTION To start off,
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Oscar Mayer: Strategic Marketing Planning -Summary: Marcus McGraw is the president of food Production Company specifically to do with various types of meats. He has just received a report from a consultation firm stating that the marketplace for meat was changing drastically and it would have an effect on the company’s profits. The report suggests that the company should “broaden and contemporise its product lines against emerging health and convenience trends” (Quelch, et al. 1997) McGraw is faced
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