Full Description
This textbook shows students how to conduct strategic marketing with a global mindset, rather than just with an international focus. It illustrates how companies can take advantage of the opportunities and address the challenges associated with the increasing globalization of markets.
Readers will learn about how culture shapes consumer needs and preferences, the impact of foreign political and economic factors on companies, the influence of international competition, and how to segment markets based on cultural factors.
Drawing from novel theoretical insights in social psychology, cultural psychology, marketing, and management, the book provides a broad theoretical foundation for understanding the impact of culture on both global and ethnic branding decisions, and particularly so for devising branding strategies aimed at creating iconic brands that can resonate with today's consumers, who tend to be more multicultural.
Contents
Part I: Globally-Minded Marketing: The Big Picture.- Chapter 1: Globalization AND THE Forces Shaping THE Business Context.- Chapter 2: Global Marketing VS. Globally-Minded Marketing.- Chapter 3: Environmental Analysis AND Market Entry Decisions.- Part II: Gaining Cultural Insights In Consumer Markets.- Chapter 4: Foundations OF Culture.- Chapter 5: Cultural Frameworks IN Business.- Chapter 6: Culture AND Consumer Behavior.- Part III: Brand Audit And Cultural Equity.- Chapter 7: Brands, Brand Equity, AND Cultural Equity.- Chapter 8: The Cultural Audit.- Part IV: Developing A Culturally Focused Marketing Plan.- Chapter 9: Crafting A Comprehensive Marketing Plan: Cultural Positioning AND Economic Foundations.- Chapter 10: Choosing Products AND Brand Signatures TO Build Cultural Equity.- Chapter 11: Communications TO Build Cultural Equity.- Chapter 12: Distribution AND Pricing Decisions TO Build Cultural Equity.- Part V: Integrating The Global Marketing Plan.- Chapter 13: Approaches TOGlobal Expansions: Standardization VS. Adaptation.- Chapter 14: Dealing WITH A Negative Country Image.- Chapter 15: Further Developing Local Markets: Ethnic AND Multicultural Marketing.
