international marketing research

13
could an Italian restaurant work in Nepal?

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Page 1: International Marketing Research

could an Italian restaurant work in Nepal?

Page 2: International Marketing Research
Page 3: International Marketing Research

market research failures or success?

Page 4: International Marketing Research

When Revlon expanded to Brazil, they faced disaster due to overlooking the country’s customs and beliefs. Following the practices in Brazil, the Camellia flower is for funeral purpose. Unconscious about this practice, Revlon launched a perfume with the aroma of Camellia in the country.

Page 5: International Marketing Research

KFC experienced real problems when the phrase “finger lickin’ good” came out in Chinese as

“eat your fingers off.”

Page 6: International Marketing Research

Dairy Association's huge success with the campaign "Got Milk?" in Mexico translated to:

"Are You Lactating?”

Page 7: International Marketing Research

It was thought that Barbie’s breasts were too big for the Japanese market.  LESSON:  Sometimes people want the exotic, but not too exotic.

Page 8: International Marketing Research

will people line-up wherever you go?

Page 9: International Marketing Research
Page 10: International Marketing Research

Indians don’t really like cereal with milk for breakfast.  Kelloggs tinkered with the packaging and flavour, but neglected that fundamental cultural difference.  LESSON:  Don’t make assumptions that there is a gap in the market – the gap may be there for a reason!

Page 11: International Marketing Research

1. Provides sensitivity to geographic differences2. Provides an understanding of cultural change3. Identifies appropriate advertising appeals4. Assess translation errors5. Correctly positions new products6. Avoids formulation errors

Page 12: International Marketing Research

1. Define problem (why)2. Determine info needs (who, what, where, when)3. Research design (how)4. Data collection5. Data analysis

Page 13: International Marketing Research

Tools for Conducting Secondary Research for International Marketingwww.imf.orgwww.heritage.orgwww.internationalbusinessreview.netwww.theglobeandmail.com/report-on-businesswww.euromonitor.comwww.fita.orgwww.doingbusiness.org/rankingswww.forbes.comwww.iedconline.orgwww.internationalecon.comwww.geert-hofstede.comwww.prsgroup.comwww.international-business-etiquette.com