major issues in global marketing
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Major Emergent Issues in Global Marketing
Serdar YETİZ
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IntroductionWhat is global marketing?
Price transparency
Point to point transaction
Global account management
Challenges of global marketing
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Global marketingThe first thing to know is that with global marketing a
variety of different people around the world are able to view your companies marketing.
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Global MarketingInformation, communications Technology Standardization Global culture
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Internet One clicks and world is under your feet
Time zone restriction and speeds up information exchange
Two-way interraction
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Price TransparencyThe price transparency may take it hard for
customers to differenciate products or services.
Shipment tracking
Quality certification
Superior logistics
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Price Transparency While price transparency will tend to
encourage price competition or parity.
Executives should using new technology and information
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Price Transparency
John Chambers , CEO of Cisco systems, he spended 50 percent ofhis time for understanding the consumers.
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Point to Point Transaction
The internet will allow easy point to point transaction,which in many industries will eleminate the need for distributors whole salers, travel agents and retailers
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Point to Point TransactionPoint to point communication allow good
interraction and good understanding between buyer and sellers.
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Point to Point Transaction
PricingPoduct developmentAdvertisingSales
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Global Account Management
http://www.youtube.com/watch?v=J6krtgj5CQQ&feature=related
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The Challenges of Global Marketing
Point to point capability of the internet for reducing cost and improve customers value
Cooperation
It is difficult to predict what will be happen in the future.
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CooperationCompanies will work directly with competitors
in market for reducing cost
11 World’s leading retailers have set up the Worldwide Retail exchange
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Conclusion
There will be winners and losers, hold on tight, it should be a great ride.
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Appendixhttp://www.radiustravel.com/corporate/Services
/Global-Account-Management.aspxhttp://www.wisegeek.com/what-is-price-
transparency.htmhttp://www.dell.com/http://www.gbata.com/docs/jgbat/v1n1/v1n1p3.
pdfhttp://www.youtube.com/www.globalization101.org/http://www.oecd.org/home
/0,3305,en_2649_201185_1_1_1_1_1,00.html