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Reading International Marketing
Reading International Marketing
MARIANO ESCOBEDO
DIVISIÓN NEGOCIOS
ARTÍCULOS PARA LECTURA EN INGLÉS
Guess what? Global marketing is no longer reserved for brands with deep pockets, nor is it
a huge hassle for marketing managers who handle all marketing efforts.
In fact, a global presence is possible for any business with a creative strategy and an
understanding of world markets. Let’s go over what a good global marketing strategy looks like
and the best examples worldwide. Global marketing is the act of focusing a product on the needs
of potential buyers in other countries.
Like most types of marketing, though, a global marketing strategy comes down to one
thing: audience. Knowing who needs your product, what form they need it in, and how to market
it in a way that strengthens the brand are core ingredients of awesome global marketing.
Typically, a global marketing strategy requires a business to do new market research,
identify countries where the business's product might be successful, and then localize the brand to
reflect the needs of those communities. However, localization is not always necessary. Some
brands adopt a global standardization strategy instead.
2. Airbnb: Airbnb, a community marketplace for people to list and book accommodations
around the world, was founded in 2008 out of San Francisco, California. Since then, Airbnb
has grown to 1,500,000+ listings in 34,000+ cities worldwide. Airbnb is inherently an
international brand because its guests and hosts hail from a wide variety of locations
worldwide. Even if you identify as a more local brand, there are ways to globalize your
efforts. First, bring the focus to different customers in different regions when you create a
testimonial or case study. You can also ask your international customers to contribute a
photo or video of your product in use, and feature that in your social media content.
3. Dunkin Donuts: With over 3,200 stores in 36 countries outside of the U.S., Dunkin Donuts
has evolved its menu to satisfy the sweet tooth of its global customers. With over 3,200
stores in 36 countries outside of the U.S., Dunkin Donuts has evolved its menu to satisfy
the sweet tooth of its global customers. If you run a restaurant business, Dunkin Donut’s
strategy should draw plenty of inspiration. To globalize your restaurant brand, try to serve
regional or cultural menu items during special holidays for those cultures and regions. You
don’t necessarily have to expand to international regions first, but if it’s financially viable,
opening new locations or launching regional websites can help you become a global brand.
4. Domino’s: The joy of pizza is that bread, sauce, and cheese works fundamentally
everywhere, except maybe China, wher0e dairy wasn’t a big part of their diet until lately.
By making a conscious effort to gain a better understanding of the preferences of the
markets it's trying to break into, Domino’s can deliver pies diverse enough to gain
international attention. Try to invite chefs from different cultures and regions, then have
them cook your menu items in their regional style and with regional ingredients.
5. Coca-Cola: This is a great example of a brand that’s well-known for its international
marketing efforts. Though a large corporation, Coca-Cola focuses on small community
programs and invests a lot of time and money in small-scale charity efforts. In Egypt, Coca-
Cola has built 650 clean water installations in the rural village of Beni Suef and sponsors
Ramadan meals for children across the Middle East. In India, the brand sponsors the
Support My School initiative to improve facilities at local schools. Not to mention, the
brand sticks with selling an emotion that can't get lost in translation: happiness. In your
marketing efforts, try to promote your values by investing in communities worldwide. You
can start small, such as with a yearly sponsorship or recurring donation, and then work
your way up to launching a charity effort on the ground. Try to appeal to a universal
6. Spotify: Considered one of the best global companies in the world. We've all heard of
Spotify, but how did it suddenly, and so quickly, expand from Sweden into other
countries? It's one thing to select a genre of music to listen to —it's another thing to select
a “mood” to listen to. In Spotify's Browse page, you can listen not just to “country” and
“hip-hop”, but also music that caters to your “workout” or “sleep” preferences. This allows
international artists to access listeners from other countries simply because their product
is being categorized a different way. Spotify now has offices in more than fifteen countries
around the world. Spotify’s example is a winner because its global marketing strategy is
entirely product-based. It offers music, podcasts, and media in so many languages, the
audiences in those countries couldn’t help but start using the product. If your product
lends itself to that, try featuring items or products that will appeal to the people of
different regions and countries.
If you have global aspirations for your business, you need to find out what customers in
different communities have in common —and how to localize your product for these different
markets. Your first step? Take inspiration from one of the businesses above. Start small, then work
your way up as your business grows.
Reflecting questions:
1. What is global marketing?
It is the act of focusing a product on the needs of potential buyers in other countries.