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

Parker pens, Mention the importance of brand personality to the brands and ...

Mention the importance of brand personality to the brands and identify the brand personality associated with the Parker pen

Marine insurance contract, Marine Insurance Contract : Article 3 of the In...

Marine Insurance Contract : Article 3 of the Indian Marine Insurance Act, 1963 defines marine insurance contract as "It is an agreement whereby the insurer undertakes to indemnify

Objectives-export finance, OBJECTIVES After Studying this unit, you s...

OBJECTIVES After Studying this unit, you should be able to: 1. Describe the procedure of Pre-shipment Credit; 2. Explain various types and procedure of Post-shipment Cr

Exclusion clauses, Exclusion Clauses : Notwithstanding the vast range of p...

Exclusion Clauses : Notwithstanding the vast range of perils covered under the contract of cargo insurance, insurance cover is not provided against a number of perils and losses.

Examples of measurable standards, Porter -O Grady (2001,p.9) makes the stat...

Porter -O Grady (2001,p.9) makes the statement that "too many health professionals have an irrational conviction that there is something so mystical about health care that it defie

Deferred credit facilities, DEFERRED CREDIT FACILITIES : Export of goods o...

DEFERRED CREDIT FACILITIES : Export of goods on deferred payment terms can be financed under suppliers credit or Buyer'$ credit. Let us first understand what they are. Supplie

Several factors of cultures to adopt new products, Q. Several factors of cu...

Q. Several factors of cultures to adopt new products? Cultures are likely to adopt new products more quickly than others based on several factors: Modernity : The degree to

Groupon, consumer behaviour helped groupon

consumer behaviour helped groupon

Marketing research, list out secondary sources of information while pursuin...

list out secondary sources of information while pursuing market research

Evaluate the extent to which each element of iphone''s market, evaluate the...

evaluate the extent to which each element of i phone''s marketing mix contributes to its success

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