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International
Marketing MKT630
VU
Lesson
# 44
PROMOTING IN
INTERNATIONAL MARKETS
International
promotions mix:
Is
the total marketing communications
program and comprises of five
major promotional tools,
that are;
Advertising
-
any
paid form of non-personal
presentation and promotion of ideas,
goods, or
services
by an identified sponsor
Personal
selling - personal
presentation by the firm's sales
force for the purpose of making
sales &
building
customer relations
Direct
marketing - use
of mail, telephone, internet,
and other non-personal contact
tools to
communicate
with customers and
prospects
Sales
promotion - short-term
incentives to encourage the purchase or sale of a
product or service
Public
Relationing - building
good relations with the company's
various publics, building up
a
good
"corporate image" & handling
unfavorable events
Developing
effective international
communications:
Identifying
first the target audience (individuals,
groups, special publics or
general public).
Target
audience will heavily affect the
communicator's decision:
on what will be
said
how it will be
said
when it will be
said
where it will be
said
who will
say it
Factors
influencing the setting international
promotion mix:
·
type
of product / market
·
size
/ dispersion of market
·
push
versus pull strategy
·
buyer
readiness stage
·
product
lifecycle stage
·
availability
of media
·
market
sophistication
·
nature
& level of competition /
clutter
·
company's
market position /
objectives
·
company's
resources
·
regulations
Changing
face of international marketing
communications:
·
shifting
away from mass marketing to
focused marketing
·
growth
of direct marketing
134
International
Marketing MKT630
VU
direct mail
& catalogue marketing
telemarketing
television
direct marketing
(1-900-)
home
shopping channels
·
online shopping
(using computer)
internet
(global reach)
in-house, house-to-house
selling
Socially
responsible marketing communication
needed:
-
avoid
fake & deceptive
ads
-
refrain
from making exaggerated claims
-
do
not use bait & switch
advertising
-
avoid
irritants (faxes, e-mails, phone
calls)
-
refrain
from invasion of
privacy
-
avoid
exploiting emotions (love, fear,
deprivation)
International
advertising environment:
-
Involves complexities of cross-cultural
communications
-
Consumer values and behavior patterns
vary from one country to another
(language,
level of
context
needed, life styles, values,
norms & customs, ethics &
moral standards, taboos)
-
Differences in media and their
availability
-
Differences in regulations and market
environment (economic, cultural,
demographic,
political/legal)
Advertising
in developed countries:
-
Emphasize consumer goods, their
retailing and advertising through
mass media
-
Heavy advertising and economic
development go hand in hand
-
Restrictions in some countries
Advertising
in developing countries:
-
Many
less developed countries are
sellers' market
-
Most
product markets are
geographically limited
-
Media
not highly developed
-
Advertising
plays a less significant
role in marketing
-
Do
not have many resources to
allocate for
advertising
Advantages
of international standardized advertising:
economies
of scale in production &
distribution
lower
planning & control
costs
lower
advertising production
costs
ability
to exploit good ideas on
worldwide basis
ability
to introduce new products worldwide
quickly
a
consistent international brand / company
image
simplification
of coordination and control of
advertising programs
targets
global consumer
segments
135
International
Marketing MKT630
VU
Constraints
on standardizing international
advertisements:
language
and attitude differences
·
media
availability and
infrastructure
·
economic
differences
·
local
distributors
·
differences
in tastes & attitudes
·
difference
in cultures
·
difference
in needs & usage
patterns
·
difference
in lifestyles
·
difference
in perception of product
·
difference
in degree of market
maturity
·
difference
in advertising regulations
·
advertising
of "vice products" and
pharmaceuticals
comparative
advertisements (comparing with
other brands
disallowed
or a must to
substantiate)
advertising
towards children
-disallowed
When
standardized advertising is
appropriate:
-
brands
that can be adapted for a
visual appeal that avoid the
problem of trying to translate
words
-
brands
that are promoted with image
campaign based on themes that
play universal
appeal
-
new
high-tech products
-
many
luxury products targeted at rich
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