Intnsnl Advtg111

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International Advertising

Importance of International Markets

• One of the major developments in the


business world during the decade of
the 90s was the globalization of
markets. The emergence of largely
borderless world has created a new
reality for all types of companies.
Today, world trade is driven by global
competition among global companies
for global consumers.
• With the development of faster
communication, transportation, and
financial transactions, time and
distance are no longer barriers to
global marketing. Products and
services are developed in one country
quickly find their way to other countries
where they are finding enthusiastic
acceptance.
• Consumers around the world wear Nike
shoes and Calvin Klein jeans, eat at
McDonald’s shave with Gillette razors,
use Apple and Dell computers, drink
Coca-Cola and Pepsi Cola soft drinks
and Nestle coffee, talk on cellular
phones made by Nokia and Motorola,
and drive cars made by global
automakers such as Ford, Honda, and
Nissan.
Why Global Markets?
• Limited opportunities in domestic markets
• Foreign Markets to survive
• For growth and profit
• For joint ventures and strategic alliances
• Any firm either big or small can compete in
the IM
The International Environment
The Economic Environment
 Stage of economic development
 Economic structure
 Standard of living
 Distribution of wealth
 Currency stability
 Exchange rates
Cultural Environment
• Languages
• Lifestyles
• Values
• Norms and customs
• Ethics and moral standards
• Taboos
Demographic Environment
• Size of population
• Number of households
• Household size
• Age distribution
• Occupation distribution
• Education levels
• Employment rate
• Income levels
Political/Legal Environment
• Govt policies
• Laws and regulations
• Political stability
• Nationalism
• Attitude towards multinational
companies
Advantages of Global Marketing &
Advertising
• Economies of scale in production & distribution
• Lower marketing and advising costs as a result
of reductions in planning and control
• Abilities to exploit good ideas on a worldwide
basis and introduce products quickly into various
world markets
• A consistent international brand or company
image
• Simplification of coordination and control of
marketing and promotional programs
When it is good?
• Brands or messages that can be adapted for
a visual appeal, avoiding the problems of
trying to translate words into dozens of
languages.
• Brands that are promoted with image
campaigns that play to universal appeals
such as sex or wealth.
• High-tech products and new products
coming to the world first time not steeped in
the cultural heritage of the country.
• Products that appeal to a market segment
with universally similar tastes, interests,
needs, and values.
ADP.e.V./German Cancer Aid
• Headline: The sun is 10
times more dangerous
to your child than it is
to you. Protect your
child.
• Subhead: -
• Bodycopy: -
• Baseline: -
• Agency: Heimat
Werbeagentur GMBH
• Client:
ADP.e.V./German
Cancer Aid
• Headline: Hurricane in US...
... Petrol prices sore in Mumbai.
• Subhead:
• Bodycopy: In life all things are
connected. Even an event half
way around the world can affect
your hometown. Which is why,
'YOUR WORLD TODAY', CNN's
fast-paced and dynamic nightly
news program, ensures that you
stay connected to the latest
breaking news, global news,
sports, business and weather
information.
Make the connection. Watch 'Your
World Today'
Mon-Fri 8:30 p.m. to 12:00 a.m.
• Baseline: Be the first to know.
Baygon All Insect Killer
• Headline: The average
lifespan of a female
mosquito is 3 to 100
days. Now you can cut
that down to 3 seconds
flat.
• Subhead: -
• Bodycopy: -
• Baseline: Nothing kills
faster.
• Agency: Foote Cone &
Belding, Singapore
• Client: Baygon All
Insect Killer

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