Chapter 11 Flashcards
relationship marketing
connecting with customers through continual transactions and exchanges whereby expectations of customers are me
problems with cross border market research (7)
- language barriers 2. sensitivity of questioning 3. research techniques 4. cultural differences 5. suspicion (people suspicious what happens to info) 6. statistical comparisons (cross-country comparisons) 7. fragmentation (research done by local company across different countries may lack consistency)
international marketing
marketing activités that cross national borders - depends on target market and marketing orientation - marketing orientations: production, customer, strategic marketing, sales and social marketing
sales orientation
try to sell the same product domestically and in a large number of countries where consumer characteristics are similar
social marketing orientation
marketing that helps in promoting the consumers and societies well being
cultural affinity zones
segmentation that does not limit to one nation * class of people aged 15 to 20 from Japan, Europe and US have similar values, behaviour and interests
branding
- power of the name counts as much as the product - identifies a product or range of products - problems: language/lack of sounds in a language/alphabet
consumers perception of product nationality include:
- image of national products compared with imported or international products - national images of generic products - national image of the manufacturing company - image diffused by the brand name
effective communication
consumers perceived meaning of a product or service must coincide with the advertisers intended meaning
meanign matrix