GMMCH12.ppt 73KB Jun 05 2011 09:30:25 PM
GLOBAL POLICY AND
PRICING DECISIONS II:
MARKETING PRODUCTS
AND SERVICES
Chapter Twelve
John Wiley & Sons, I
1
Global Product Policy Decisions
II:
Marketing Products and Services
Overview
1. Global Branding Strategies
2. Managing Multinational Product
Lines
3. Product Piracy
4. Country of Origin Stereotypes
5. Global Marketing of Services
John Wiley & Sons, I
2
Overview
John Wiley & Sons, I
3
1. Global Branding Strategies
Global Brands
– Exhibit 12-1 Top 25 Brands in the
United States, Japan and Worldwide
– inter-country gaps
History, Competitive climate, Marketing
support, Cultural receptivity to brands,
Product category penetration
John Wiley & Sons, I
4
1. Global Branding Strategies
(cont)
Local Branding
Global or Local Brands?
– Exhibit 12-2 Sara Lee’s Hierarchy of
Brands
– Exhibit 12-3 Nestle Branding Tree
– Exhibit 12-4 Brands of Six Multinational
Companies in 67 Countries
Brand name Changeover Strategies
John Wiley & Sons, I
5
1. Global Branding Strategies
(cont)
Private Label Branding (“Store
Brands”)
– Exhibit 12-5 Market Share (% Value)
of Private Labels in Japan : 1990 and
1994
John Wiley & Sons, I
6
1. Global Branding Strategies
(cont)
Factors explaining success of private
labels
– Improved quality of private-label products
– Development of premium private-label brands
– Shift in balance of power between retailers
and manufacturers
– Expansion into new product categories
– Internationalization of retail chains
– Economic downturns
John Wiley & Sons, I
7
1. Global Branding Strategies
(cont)
Umbrella (Corporate) Branding
Protecting Brand Names
– Exhibit 12-6 Pizza Domino in Israel:
Twin Brother of Domino’s Pizza
– Exhibit 12-7 Differing Views on IP
Protection
John Wiley & Sons, I
8
2. Managing Multinational
Product Lines
– Exhibit 12-8 International Product Mix
of CPC International
Customer Preferences
– Exhibit 12-9 Top Selling Campbell’s
Soups Around the World
Competitive Climate
Organizational Structure
History
John Wiley & Sons, I
9
3. Product Piracy
– Exhibit 12-10 Piracy Around the World
Strategic Actions Against Product
Piracy
–
–
–
–
Lobbying Activities
Legal Action
Product Policy Options
Communication Options
John Wiley & Sons, I
10
4. Country of Origin (COO)
Stereotypes
Country of Origin (COO) Influences
on Consumers
– Exhibit 12-11 Product-Country
Matches and Mismatches: Examples
and Strategic Implications
John Wiley & Sons, I
11
4. Country of Origin (COO)
Stereotypes (cont)
Strategies to Cope with COO
Stereotypes
–
–
–
–
Product Policy
Pricing
Distribution
Communication
John Wiley & Sons, I
12
5. Global Marketing of Services
Challenges in Marketing Services
Internationally
– Exhibit 12-12 Barriers to International
Marketing of Services
– Immediate face-to-face Contacts with
Service Transactions
– Difficulties Measuring Customer
Satisfaction Overseas
John Wiley & Sons, I
13
5. Global Marketing of Services
(cont)
Opportunities in the Global Service
Industries
– Deregulation of Service Industries
– Increasing Demand for Premium
Services
– Increase Value Consciousness
John Wiley & Sons, I
14
5. Global Marketing of Services
(cont)
Global Service Marketing Strategies
–
–
–
–
–
Capitalize on Cultural Forces in the Host Market
Standardize and Customize
Central Role of Information Technologies (IT)
Add Value by Differentiation
Exhibit 12-13 Japanese Practices to Achieve
Customer Satisfaction
– Establish Global Service Networks
– Exhibit 12-14 Market Leadership Coca-Cola
John Wiley & Sons, I
15
PRICING DECISIONS II:
MARKETING PRODUCTS
AND SERVICES
Chapter Twelve
John Wiley & Sons, I
1
Global Product Policy Decisions
II:
Marketing Products and Services
Overview
1. Global Branding Strategies
2. Managing Multinational Product
Lines
3. Product Piracy
4. Country of Origin Stereotypes
5. Global Marketing of Services
John Wiley & Sons, I
2
Overview
John Wiley & Sons, I
3
1. Global Branding Strategies
Global Brands
– Exhibit 12-1 Top 25 Brands in the
United States, Japan and Worldwide
– inter-country gaps
History, Competitive climate, Marketing
support, Cultural receptivity to brands,
Product category penetration
John Wiley & Sons, I
4
1. Global Branding Strategies
(cont)
Local Branding
Global or Local Brands?
– Exhibit 12-2 Sara Lee’s Hierarchy of
Brands
– Exhibit 12-3 Nestle Branding Tree
– Exhibit 12-4 Brands of Six Multinational
Companies in 67 Countries
Brand name Changeover Strategies
John Wiley & Sons, I
5
1. Global Branding Strategies
(cont)
Private Label Branding (“Store
Brands”)
– Exhibit 12-5 Market Share (% Value)
of Private Labels in Japan : 1990 and
1994
John Wiley & Sons, I
6
1. Global Branding Strategies
(cont)
Factors explaining success of private
labels
– Improved quality of private-label products
– Development of premium private-label brands
– Shift in balance of power between retailers
and manufacturers
– Expansion into new product categories
– Internationalization of retail chains
– Economic downturns
John Wiley & Sons, I
7
1. Global Branding Strategies
(cont)
Umbrella (Corporate) Branding
Protecting Brand Names
– Exhibit 12-6 Pizza Domino in Israel:
Twin Brother of Domino’s Pizza
– Exhibit 12-7 Differing Views on IP
Protection
John Wiley & Sons, I
8
2. Managing Multinational
Product Lines
– Exhibit 12-8 International Product Mix
of CPC International
Customer Preferences
– Exhibit 12-9 Top Selling Campbell’s
Soups Around the World
Competitive Climate
Organizational Structure
History
John Wiley & Sons, I
9
3. Product Piracy
– Exhibit 12-10 Piracy Around the World
Strategic Actions Against Product
Piracy
–
–
–
–
Lobbying Activities
Legal Action
Product Policy Options
Communication Options
John Wiley & Sons, I
10
4. Country of Origin (COO)
Stereotypes
Country of Origin (COO) Influences
on Consumers
– Exhibit 12-11 Product-Country
Matches and Mismatches: Examples
and Strategic Implications
John Wiley & Sons, I
11
4. Country of Origin (COO)
Stereotypes (cont)
Strategies to Cope with COO
Stereotypes
–
–
–
–
Product Policy
Pricing
Distribution
Communication
John Wiley & Sons, I
12
5. Global Marketing of Services
Challenges in Marketing Services
Internationally
– Exhibit 12-12 Barriers to International
Marketing of Services
– Immediate face-to-face Contacts with
Service Transactions
– Difficulties Measuring Customer
Satisfaction Overseas
John Wiley & Sons, I
13
5. Global Marketing of Services
(cont)
Opportunities in the Global Service
Industries
– Deregulation of Service Industries
– Increasing Demand for Premium
Services
– Increase Value Consciousness
John Wiley & Sons, I
14
5. Global Marketing of Services
(cont)
Global Service Marketing Strategies
–
–
–
–
–
Capitalize on Cultural Forces in the Host Market
Standardize and Customize
Central Role of Information Technologies (IT)
Add Value by Differentiation
Exhibit 12-13 Japanese Practices to Achieve
Customer Satisfaction
– Establish Global Service Networks
– Exhibit 12-14 Market Leadership Coca-Cola
John Wiley & Sons, I
15