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INTERNATIONAL MARKETING - SPECIFIC PRODUCTSISEG -2008/2009 SUP 4 copyright Blitz Marketing COURSE N°1 - Review of marketing basic rules - Review of international marketing strategies - Review of basic strategy models - Case study : chinese scooters copyright Blitz Marketing MARKETING It includes all the steps and processing from the concept of the product until its final use by the end user or consumer. copyright Blitz Marketing The anatomy of marketing Value-Strategy-Tactic T differenciation marketing mix selling Tactic strategy s Value S segmentation positioning targeting V brand process service copyright Blitz Marketing International Marketing Strategies The international strategic model affects the marketing strategic model (4P) - Ethnocentric approach (similar to home marketing approach) - Multinational approach ( 4P country adaptation to local competition and consumers/users) - Global approach: mix of ethnocentric and multinational , strong economies of scale, strong product and brand image, platform products. copyright Blitz Marketing Analyse of various strategic focus(B.C.G.) FRAGMENTATION SPECIALISATION -Little economies of scale -Limited entry barriers - ROI -Accurate marketing strategy Dead-end VOLUME -large economies of scale -no différenciation -no innovating technologies copyright Blitz Marketing Evaluation of business activities per market growth/market share(matrice B.C.G) 20% growing rate STARS Dilemma defending&protect New segmentation? Competitive position Repositioning? Give up ? 10% MAJORS Optimisation ROI Dead weights Suppress 0% 1 10 corresponding market share copyright Blitz Marketing 0 Tactict implementations of strategic models Changing product implementations Marketing MARKETS incrementals product development,external global and international marketing,sub-contracting Supply chain,costs Expansion strategy (extend the existing markets) Customers diversification Sub-contracting Co-contracting Partnership-external growth Internal values chain Strategy of diversification (new marketing propositions) Dead end Present market/product propositions Strategy of differenciation New products, new corebusiness copyright Blitz Marketing R&D Prospective -innovating Technologies -Partnerships &networks Bus. intel. -Flagship organizatio, PRODUCTS Case Study • Chinese scooters Describe the corporate strategy of the 2 chinese producers. Explain and justify why their lack of marketing strategies is leading to a dead end.What would be your proposals? copyright Blitz Marketing