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

Plant location and design, The Tool Room, which is the facility you will be...

The Tool Room, which is the facility you will be designing layouts for, produces the contact tooling that forms material in the production of cans. Their customers are canning fact

Design of a specific marketing research methodology, Question 1: "Marke...

Question 1: "Marketing Research is a systematic and planned formal approach to the collection of marketing information." This implies that there is a formal marketing research

Explain the cognitive involvement profile, Q. Explain the cognitive involve...

Q. Explain the cognitive involvement profile? The perceived significance of the potential negative consequence of a bad purchase. The likelihood of making a bad purchase

Advance licence, Advance Licence: An advance licence is granted to a merch...

Advance Licence: An advance licence is granted to a merchant exporter or manufacturer exporter for the import of inputs required for the manufacture of goods without payment of ba

Critical success factors, Develop vision, mission, objectives and measures ...

Develop vision, mission, objectives and measures of these (a)  In layman's language define the terms vision and mission statement and values and how the effectiveness of these c

Rate of interest, Rate of Interest: The interest payable on pre-shipment f...

Rate of Interest: The interest payable on pre-shipment finance is usually lower than the normal rate, provided the credit is extinguished by lodging the export bills on remittance

Jobbers, total jobbers in India ?

total jobbers in India ?

Running account facility-packing credit, Running Account Facility: The RBI...

Running Account Facility: The RBI has permitted banks to grant packing credit advances even without lodgement of LIC or firm order /contract under the scheme of Running Account Fa

Marketing research an report preparation, What are the advantages of using ...

What are the advantages of using projective techniques in comparison to focus groups and in-depth interviews?

Illustrate about the quantitative and qualitative research, Illustrate abou...

Illustrate about the Quantitative and Qualitative Research Quantitative research is based on the measurement of amount or quantity. It's applicable to phenomena which can be e

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