Practice 16 Flashcards
INCLINATION FOR GLOBAL BRAND
- technology
- fashion
- financial services
INCLINATION FOR LOCAL BRAND
- perishables, grocery
- water
- health services
Prefer global brands
cars, camera equipment, mobile phones, tv
Prefer local brand
Milk, meat, vegetable, seafood, fruit
For which products is brand origin not important
Air fresheners, jewellery, clothing shoes, hand/ body soap, instant noodles, rice
FORMS OF OWNERSHIP TO ENTER
aquisitions (Unilever has ola in Portugal, frigo in spain) => entered Spain though m&a;
Sonae has wells brand in P and arnal in spain => m&a
LOCAL PHONETICS mercedes
Mercedes phonetics in China means “rush to your death”
LOCAL PHONETICS nike
Nike phonetics in China means “survive the pain”
LOCAL PHONETICS Joias Bahia
Joias Bahia in Catar could not use “Dalmation dog as simbol of the brand”
global brand example
mcs, apple, parfois, cola, Disney
global brand strategy
global vision
global notoriety
(some) local resp
International brand strategy
global vision
regional notoriety
local resp
domestic brand strategy
global vision
national notoriety
local resp
diversified brand strategy
managing a portfolio of brands (ABInBev, Nestle) under umbrella of corporate brand