Professional Documents
Culture Documents
Global Marketing
Develop Core
Business Strategy
Core Business Strategy
Internationalize
the Strategy
Implementation
Organizational Structure - Control
The Strategic Planning Process
Understanding and adjusting the core
strategy begins with a clear definition of
the business for which the strategy is to
be developed
The Strategic Business Unit
Based on product market similarities
Similar needs or wants to be met
Similar end user customers to be targeted
Differentiation
Focus
Formulating Global Marketing Strategy
Country markets choices
Concentration or diversification
Single
Segment Focus
Segmentation
Market Segment A
Market Segment B
Market Segment C
Single or Multiple Segment
Decision
Segment A
Single,
Multiple
or Segment B
All
Segments ?
Segment C
Bases for Global Market Segmentation
Bases for International
Market Segmentation
Marketing
Environmental
Management
Variables
Variables
Development Decisions
Product offering
The degree of standardization and adaptation in
the product offering
The marketing approach
The marketing program beyond the product
variable
Global Marketing Program Development
Development Decisions
The location and extent of value-adding
activities
Pooling production
Exploiting factor costs or capabilities
Strategic alliances
Concurrent engineering
Organization structures
The shift to global account management
Corporate culture
The world is not one single market
Plan and execute programs on a worldwide
basis
A global Identity favors no specific country.
Thank you!!!