Professional Documents
Culture Documents
Nimrah Zubairy-07031
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One should keep his/her hopes high and keep working hard until the right moment arrives.
Having worked with diverse markets is always beneficial and that is what brought the author
to another great opportunity in the same organization.
Being a part of a multinational organization brings you a lot of opportunities and benefits.
Traveling lets you explore new places, meet people from different cultures, languages, and
traditions and hence you learn to respect all these differences.
Marketing strategies department especially in the multinationals are the most diverse and the
of the engaging ones. This department has a lot to offer in the retail sector. That is where the
author started to benefit. He got a chance to get closer to the customers and got to know them
well.
In conclusion, the author explained the 6 most important aspects of success in emerging
markets through his experiences in Pakistan and Ukraine.
Consumer Behavior and Preferences
To run a successful business, the knowledge of consumer behavior and consumer preference
is very important. Which is why P&G and Unilever spend significant amount of resources to
obtain both quantitative and qualitative consumer data. Through focus groups, companies
grasp the knowledge of consumer practices, habits and their preferences. By conducting focus
groups P&G was able to understand the reactions of the products being launched in the
emerging market and was able to position it based on according to the results obtained
Brand Awareness and Retail Distribution
The foundation of a successful consumer goods business is making sure that the target market
is aware of the brand being launched and can easily find the product in the stores. In
emerging markets such as Pakistan, P&G had to invest a lot of resources to create brand
awareness and educate people about the products being launched. Through educating the
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population about the brand and its benefits, P&G was able to increase the market size by a
significant amount, which was too small when P&G first came to Pakistan.
Cultural Competence
When doing business in emerging markets, deep understanding of the culture and how it
affects not only consumers but also business dealings can be critical to success. The
understanding of culture, of both Pakistan and Ukraine, helped the author to close many
deals, however lack of knowledge of the same, created huddles and left a negative image of
the company in the eyes of the local organization.
Developing Organizations
The process of recruiting, training, mentoring, and nurturing the local organization plays a
critical part in the success of the business. By maintaining rules and regulations, P&G was
able to nurture young entry level people into successful managers. P&G has a policy of
recruiting on entry level positions and promoting people from within the organization when a
vacancy was available. They followed a disciplined and well-organized approach in training
the newly hired people
Legal and Political Challenges
The principles and practices laid out by the company headquarters, helped P&G Pakistan in
its initial years to a great extent. It provided the author with patience to overcome the hurdles
he faced during the setup of P&G in an emerging market like Pakistan. By obtaining a sense
of the rules and regulations in Pakistan, P&G was able to overcome regulatory hurdles. The
obstacles for P&G started to disappear because they followed both the rules of their home
country and the host country, while strictly maintaining the principles of their company
Image in the eyes of consumers
The image of large multinational organizations, in emerging markets, is that the company is
there to make money from the citizens of the country. This creates a negative image in the
media and in the eyes of consumers. P&G was able to negate this as, while working hard to
get the business up and running in the initial years, it was also very concerned about its duties
towards CSR that reflected that it is approaching to being good corporate citizen.
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