International marketing analysis and strategy

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Hauptverfasser: Onkvisit, Sak (VerfasserIn), Shaw, John J. (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: New York Macmillan u.a. 1993
Ausgabe:2. ed.
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adam_text Contents Foreword by Sir Colin Marshall xix Preface to the second edition xxi 1 International marketing in a global economy 1 The concept of advantage 1 Where is the nation state? 2 Analysing national competitiveness 6 Governments and national comparative advantage 8 Supranational organizations and extraterritorial reach 11 The question of extraterritoriality of legislation 16 From economic advantage to marketing advantage 16 How companies think international 21 The Porter corporate policy prescription for competitiveness 24 The dilemma of the multinational - a force for good or evil? 24 References 27 Key reading 28 2 Export behaviour theories and internationalization processes for goods and Services 29 Exporting versus international marketing 29 Four export behaviour theories 29 Arguments against the stages theory of internationalization 37 The stages model 37 Internationalization processes for goods and Services 39 The product life cycle for international trade (Wells) 39 Product life cycle for international trade and direct investment (Vernon) 41 Dunning s eclectic approach (1976 to 1980) 46 Dunning s eclectic approach (post 1980) 47 References 50 3 Assessing the market infrastructure 53 The social environment 53 The cultural environment 56 Definitional consensus on the meaning of culture 58 Assessing the cultural environment 60 Rokeach value survey 65 Semiotics and the science of meaning of signs 68 x Contents Economic environment 71 Defining the market 71 General Agreement on Tariffs and Trade (GATT) 74 Tariff barriers 75 Non-tariff barriers (NTBs) 75 Government procurement and corporate buy-national policies 77 Dumping 79 Does anyone still practise free trade ? 2 The Triad of Europe, USA and Japan 84 References Key reading ^7 4 Identifying international marketing opportunities 88 Political and economic risk appreciation 9 The Company looks at international markets 1 Target market-selection decisions 93 International market segmentation 95 Primary sources of Information for gauging the climate for trade and investment 97 Secondary sources of information in gauging the climate for trade and investment 99 Interpretation problems in dealing with secondary sources 99 Marketing research problems in foreign markets 99 Business Environment Risk Index (BERI) 104 The country environmental temperature gradient 1^5 References *^ Key reading •* 5 Exporting and the small business 1* General background •** Problems for small exporters -^ Perceptions of non-exporting small firms ^ Identifying the exporter ** Factors in the exporting success of small firms l^4 Using networks -^ The exporting consortium alternative -^ Forming an exporting consortium ^ Attracting more small firms into exporting 1-^ Improving the trading environment ^0 Simplifying trading operations ^ References ¦ •• Key reading II35 6 Market entry strategy decisions 1: direct vs indirect involvement 137 Assessing Company resources and intended export involvement 137 Selecting a strategy Direct exporting activities 1 Contents xi Agents 146 Distributors 147 Similarities between agents and distributors 148 Management contracts 149 Franchising 157 Licensing References Key reading 7 Market entry strategy decisions 2: Investment 165 Use of screwdriver assembly operations 165 T A7 Direct investment activities Wholly-owned subsidiaries Merger/acquisition Joint venture Tripartite ventures T, C 188 Reterences *- ,. 189 Key reading 8 Monitoring the effectiveness of market entry strategies 191 Relationship management and interaction theory 192 International studies related to interaction theory 195 A portfolio of market entry strategies 198 Conclusions References Key reading 9 Product policy decisions Communicating with your customers Product modification or standardization Product modification Product standardization Product standardization and world product mandates ^» - Branding 2^2 Selection of a brand name ^ Types of branding ~ _ Packaging 24Q Brand name and trademark protection ^ Industrial property rights _^~ Brand piracy Five corporate strategies to handle counterfeiting ^ Distribution of counterfeit goods _^ After-sales service References ,^0 Key reading xii Contents 10 Pricing, credit and terms of doing business 251 Pricing strategies compared with domestic pricing strategies 251 Consumer sensitivity to pricing 253 A multi-stage approach to pricing 253 International price standardization 253 Export market overheads 256 Export quotation terms 260 Foreign currency invoicing and financing 261 Methods of payment 263 Payment in advance 263 Open account 263 Bills of exchange 263 Letter of credit 266 Leasing 267 Bonding 267 Discounting and factoring 268 Forfaiting 269 Barter and other forms of countertrade (CT) 270 Transfer pricing 277 Conspiracy to fix prices 280 Cartels 282 References 282 Key reading 284 11 Logistics and marketing channel decisions 285 Distribution Channels and EDI 285 The meaning of logistics 286 Movement across frontiers 288 Marketing and logistics 289 Cost of trade procedures and documentation 290 The use of INCOTERMS 1990 291 Accessing foreign market Channels of distribution 293 Changing marketing perceptions of the customer 295 Channel intermediaries 296 Identifying the intermediaries 297 Parallel exporting 298 Use of freeports 302 Benefits of freeports 303 The enabling environment for freeports 304 Product life cycle and distribution 305 References 307 Key reading 308 12 Promotion strategy decisions in an international context 309 Personal selling 310 Exhibitions and trade fairs 311 xiv Contents Relevant control Systems 389 The Boston Consulting Group (BCG) product portfolio matrix 389 PIMS database 394 References 394 Key reading 395 15 Marketing to Japan 396 Japan in the world economy 396 Reasons for the Japanese moving into foreign markets 401 Economic and social background 401 Coming to terms with Japanese growth 406 The Sogo Shosha: Japanese international trading companies 410 Imports into Japan 411 Tariffs 413 Distribution in Japan 414 Japanese expectations of suppliers 417 The Japanese consumer 423 Product testing for imports 426 Market prospects for exports to Japan 426 Advertising in Japan 427, Innovation and product development 428 Trademarks and industrial property rights 429 Licensing 430 Foreign investment in Japan 430 Foreign direct investment 432 Joint ventures 432 Strategie business alliances: a better alternative to protectionism 433 The potential for industrial co-operation 435 Pressures on the Japanese financial System 439 The Services sector 439 References 440 Key reading 442 16 Marketing to a less developed but mineral-rich country: Nigeria 444 Economic and social background 444 Structural Adjustment Programme (SAP) 446 Nigerian economic potential 449 Market strueture and international market conditions 451 Nigerian Stock Exchange 453 Debt conversion programme 457 Foreign trade 458 Export inspection agencies and PSI 460 Regulations on exporting 461 Business ethics 463 Nigeria s banking sector 464 Contents xv Assembly unsuccessful Joint ventures and foreign direct investment 465 The IDCC 467 Factors for market success r c 467 Reterences v ,. 468 Key reading 17 Marketing to the Single European Market 470 Background to the Community size, structure and direction 471 Economic size and potential of the Community 472 Marketing by population concentration-. the Golden Triangle 476 Regional Variation within the Community Decision-making bodies A market without frontiers 4g9 Harmonization measures for internal trade ^ Harmonization: the common commercial policy ^ Single Administrative Document ^^ TARIC customs tariff 494 Patents, trademarks and Standards ^^ Competition policy within the EC 4% Common Agricultural Policy (CAP) ^ Entering the EC from the outside The Associate Members of the Community: The Lome Convenhon 502 Japan s view of the Community 5O7 US view of the Community 51Q PostScript 512 European Economic Area (EEA) 5 ^ 2 References 513 Key reading 18 Marketing to the industrialized countries of Eastern Europe 515 The independent republics 5 j 5 The East European economies 516 The meaning of Perestroika 52] The political changes of 1989 s22 Structural economic changes 522 Market entry methods 526 Geographical changes 52g CoCom embargo list 529 CMEA and Warsaw Pact 530 Business climate 530 Doing business with Eastern Europe s ^ As old problems disappear, new problems emerge ^ Commercial risk is greater than before ^ Weak infrastructure for local investors Contents xiii Public relations/publicity r* T L- 314 Sales promotion Advertising The Communications process Advertising - the global Situation 31 Campaign transferability Multinational advertising agencies Advertising agency usage criteria Multinational client/agency relationships The organizational structure adopted by agencies and clients in global campaigns332 Links with the lead agency i33 Links with the ofricial agency head offices The agency-client link ^4 Links within the client s organization ^ Reasons behind the mirroring effect ^ Media availability 339 Pan-European research: readership data Advertising standardization versus local adaptation ^ Substantiating advertising claims ^g Product restrictions 349 Balancing information and emotional appeal ^ Use of language 350 Vulnerable groups 351 Legal action 3^ j Penalties -^5 Develop self-discipline 351 References 352 Key reading 354 13 International marketing planning 354 The international marketing plan ^ ^ The limits of standardization 363 Concentration on key markets ^66 Plannine and Third World markets , . ,j:j comeone say bnbery or corruphon?) 369 Responses to irregulär payments (did someone say ^^ References ^75 Key reading 377 14 International marketing control Systems ^ Divisionalization 3g5 Hierarchy in the organizational framework ^ Alternative organizational patterns
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spellingShingle Onkvisit, Sak
Shaw, John J.
International marketing analysis and strategy
Internationale marketing gtt
İhracat pazarlaması
İhracat pazarlaması - Yönetim
Export marketing
Export marketing Management
Internationales Marketing (DE-588)4125431-4 gnd
subject_GND (DE-588)4125431-4
title International marketing analysis and strategy
title_auth International marketing analysis and strategy
title_exact_search International marketing analysis and strategy
title_full International marketing analysis and strategy Sak Onkvisit ; John J. Shaw
title_fullStr International marketing analysis and strategy Sak Onkvisit ; John J. Shaw
title_full_unstemmed International marketing analysis and strategy Sak Onkvisit ; John J. Shaw
title_short International marketing
title_sort international marketing analysis and strategy
title_sub analysis and strategy
topic Internationale marketing gtt
İhracat pazarlaması
İhracat pazarlaması - Yönetim
Export marketing
Export marketing Management
Internationales Marketing (DE-588)4125431-4 gnd
topic_facet Internationale marketing
İhracat pazarlaması
İhracat pazarlaması - Yönetim
Export marketing
Export marketing Management
Internationales Marketing
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