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SU6- Cross-cultural behaviours, innovation adoption - Coggle Diagram
SU6- Cross-cultural behaviours, innovation adoption
Global markets
Marketing strategies
Global (standardised)- same product, marcom
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Local (customised)- unique product, marcom
Usage- when varying cross-cultural differences (beliefs, values, customs) e.g. food
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Dimensions- marcom, product
Key factors
Consumer (knowledge, attitude)
Pros
"Ideal"- consumers want to obtain vs. (local, who they currently are)
Consumers assume better image, tech, quality, status (reputation)- power to win attitudes faster
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Segmentation
Global citizen- equate global brand with quality, innovativeness; demands social responsibility
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Anti-globals- do not trust, avoids global brands
Global agnostics- indifferent to global, local brands
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Product
Country-of-origin
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Connotes quality, reliability associations/perceptions
Innovation
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Perspective
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Market-oriented- short time period innovation is in market; exclusive accessibility (by a select few)
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