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Creating Products for Consumers in Global Markets
Chapter 12 Creating Products for Consumers in Global Markets
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Brand Strategies Global Brands National Brands
Global/National Brand Mix Private Brands
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Products and Culture Cultural Influences
Innovative Products and Adaptation Diffusion of Innovations Degree of Newness Characteristics of Innovations
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Degree of Newness Congruent Innovations Continuous Innovation
Dynamically Continuous Innovation Discontinuous Innovation
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Characteristics of Innovations
Relative Advantage Compatibility Complexity Trialability Observability
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Product Components Core Component Packaging Component
Support Services Component
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Product Component Model
SUPPORT SERVICES COMPONENT PACKAGING COMPONENT Repair and maintenance Deliveries CORE COMPONENT Trademark Price Product platform Design features Functional features Legal Installation Warranty Quality Brand name Package Instructions Spare parts Legal Styling Other related services Legal
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Factors Influencing Product Adaptation vs. Standardization
Stage in Product Life Cycle Legal/Standards Constraints Product Innovativeness Cultural Differences
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Would They Sell in the United States?
Alu-Fanny: French Foil wrap Crapsy Fruit: French cereal Kum Onit: German pencil sharpeners Plopp: Scandinavian chocolate Pschitt: French lemonade Atum Bom: Portuguese tuna Kack: Danish sweets Mukk: Italian yogurt Pocari Sweat: Japanese sport drink Poo: Argentine curry powder
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