Multinationals go global: hum the local tune, Marketing Research

Assignment Help:

While the earlier strategy of multinationals Was to offer discounts and freebies on purchase of their products, they are now launching products exclusively for Indian market in light of the preferences of Indian consumer. The product is not present globally.

1.       Kelloggs' Worldwide is in the business of breakfast cereals. It has launched Kelloggs chocos biscuits. The rationale for entering the biscuits category, says Kelloggs spokesperson 'in volume terms, biscuits constitute one of the largest convenience food categories in India and we felt there was on opportunity to carve a niche for ourselves in this market, by leveraging the core equity of some of our large cereal brands."

2.       Similarly, Lacoste internationally is known for its T-shirts and sportswear. It has entered the ethnic wear segment and launched Lacoste kurtas in India. Although Lacoste worldwide believes in a single line of products, it has made an exception for India based on the strong social cultural patterns that define the market, says Jayant Kochar, head of Lacoste marketing operations in India.

3.       Hindustan Lever has launched Annapurna atta and Annapurna salt. Said HLL spokesperson: "In Indian food business your presence is long-term, if you are in the centre of the plate that is, staple food items."

4.       Reebok launched the Rs 990 to Rs 1,790 range of shoes under the umbrella of the New Challenge Collection for the Indian market.

5.       Philips introduced new range of toasters that has an 'Extra lift" suitable for different bread sizes in Indian market.

6.       P&G has launched Ariel Compac only for the Indian market.

7.       For McDonald's, playinq to local tastes is key There is a bone in fried chicken dish called Chicken McCrispy for Taiwan and Sinqopore. In the U K, there is McChicken Tikka Noon to satisfy the Brits' cravings for Indian food. 


Related Discussions:- Multinationals go global: hum the local tune

VALS, How can i get the art behind the questions in VALS questionnaire ? or...

How can i get the art behind the questions in VALS questionnaire ? or Where can I find the S.R.I categorization?

Types of non sampling errors, Defective Problem Definition: Problem on whic...

Defective Problem Definition: Problem on which research is to be undertaken should be precisely defined. For example a study on unemployment must be clear as to the concept o

Sampling errors, Quite frequently marketing studies are based on sample of ...

Quite frequently marketing studies are based on sample of people or products or stores. The results emerging from such studies are then generalized that is applied to the entire po

Errors in the research process, While undergoing the steps involved in the...

While undergoing the steps involved in the research process the researcher should ensure that the research does not have a high degree of error. If no care is exercised in m

Interviewer bias, This error occurs on account of interview influence in co...

This error occurs on account of interview influence in conducting an interview or wrong recording by him. By putting emphasis on a certain word or phrase in a questionnaire intervi

Introduction-shipment of export cargo, INTRODUCTION : You have learnt in U...

INTRODUCTION : You have learnt in Unit 11 the process, procedures and documentation formalities in preparing goods for exports as well as movement of goods from the inland product

What is causal designs, What is causal designs Causal research is most...

What is causal designs Causal research is most appropriate when research objectives include need to understand the reasons why certain market phenomena happen as they do. To m

Describe the meaning of research, Describe the Meaning of Research Rese...

Describe the Meaning of Research Research in common man's language refers to "search for knowledge". Research is basically the process of finding solution to a problem after

Concise customer education, Here's where most advertisers fall down as well...

Here's where most advertisers fall down as well as you can stand head & shoulders above the crowd Tell your full story. Don't formulate people try to figure out on their own why th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd