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Global Marketing

Management: Planning &


Organization
Chapter 11

Local v. Global
Localization
Customized to
certain market
Economies of scale

Globalization
Less focus on
countries
Increased focus on
customers

Benefits of Global Markets


Economies of Scale
Transfer of Knowledge and
Experience
Stabilities of revenues

Planning
Definition
Types

Corporate
Strategic
Tactical

Company Objectives & Resources


International commitment?
Planning process

Planning Process
Preliminary Analysis & Screening
Which countries do we want to enter?

Adapting the Marketing Mix

How will we need to adapt product,


price, place, or promotion?

Developing the Marketing Mix


Writing the plan

Implementation & Control

Alternative Market Entry


Strategies
Exporting

Direct v indirect
Internet
Direct sales

Contractual Agreements
Licensing
Franchising

Alternative Market Entry


Strategies
Strategic International Alliances

Mutual need & shared risk


International joint ventures
Consortia
How is it different from a joint venture?

Direct Foreign Investment

Organizing
Three organizational structures

Global product divisions


Geographic divisions
Matrix

Locus of Decision

Organizing
Centralized
Advantages
Disadvantages

Decentralized
Advantages
Disadvantages

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