4.3 Global Marketing

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What is glocalisation?
Changing your product to match the needs of the country you have started selling to
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What is a domestic/ethnocentric approach to marketing?
Takes what works at home and uses it abroad
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What is a international/polycentric approach to marketing?
Belief that every market is different (high levels of delegation)
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What is a mixed/geocentric approach to marketing?
Delegation to local regions within a framework
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What factors effect cultural diversity?
Economic factors, weather factors, history and tradition
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What are cultural and social considerations a business should take?
Cultural differences, different tastes, language, unintended meetings, inappropriate/inaccurate translations, inappropriate branding and promotion
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Other cards in this set

Card 2

Front

What is a domestic/ethnocentric approach to marketing?

Back

Takes what works at home and uses it abroad

Card 3

Front

What is a international/polycentric approach to marketing?

Back

Preview of the front of card 3

Card 4

Front

What is a mixed/geocentric approach to marketing?

Back

Preview of the front of card 4

Card 5

Front

What factors effect cultural diversity?

Back

Preview of the front of card 5
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