Published May 19, 2023, 12:20 p.m. by Bethany
It's no secret that marketing is an essential part of any business. In a global culture, it's even more important to be aware of the different marketing strategies that are available to you. With so many different cultures to target, it can be difficult to know where to start.
That's why Triple J's business The art of marketing in a global culture only lecture is so important. In this lecture, you'll learn about the different marketing strategies that are available to you, as well as how to target different cultures.
You'll also learn about the importance of understanding your target market, and how to create a marketing plan that will help you reach your goals. If you're looking to expand your business into a global market, this lecture is a must-watch.
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i now want to look at an increasingly
important aspect of international
marketing
globalization globalization is the idea
that
as international travel and
communication expand
the world's becoming more homogeneous
different cultures are
converging as people everywhere become
increasingly similar in the way they
live
there are the fads and fashions people
follow the products they buy
how they relax the heroes they look up
to and so on
so as we travel around the world we've
become accustomed to seeing the familiar
cyber cafes cds of bands we love
starbucks coffee houses advertisements
for well-known brands
in fact i but you can think of plenty of
other examples think
google cell phones mtv the familiar
faces of top fashion models and sporting
icons right
let's consider then first some of the
causes of globalization
then let's think about its implications
for businesses looking to market their
products globally
first then the causes of globalization
clearly flight has been a key factor
here
perhaps the key factor and as its
popularity has increased
so is its affordability today most
people travel by air
for those traveling to holiday
destinations it's the preferred way to
go
it allows us to go further quicker and
for business people
it enables them to do business
face-to-face on the other side of the
world
and reduces time away from the office
the resulting interaction between
cultures has surely promoted
shared values and attitudes this is an
important feature of globalization
then there's the news and entertainment
industry we can't really talk about
global culture without considering the
huge
influence of the internet tv radio
newspapers magazines and film today
these are multi-million dollar
industries and most films
documentaries quiz shows and soap operas
are made in the hope that they'll be
bought and shown
around the world many eventually become
powerful and lucrative international
brands
popular tv series are watched on every
continent and have near universal appeal
why well because they're based on
common human experiences they evoke
feelings and emotions we all share and
this brings me to a key element of the
news and entertainment industry and its
role in helping create a global society
advertising ads are a common feature of
television magazines and
of course internet sites don't you just
hate those pop-up windows
advertising works through the media
driving fads and fashions
so this makes the media a potent
marketing tool
see because it spreads ideas incredibly
widely
quickly and effectively
the third and final cause of
globalization i want to highlight is
politics
i want you to think specifically about
the dissolution of social and economic
barriers to political activity
and international agreements take the
european union for example
here a group of countries with quite
different and distinctive cultures and
traditions
have come together in the spirit of
cooperation
many europeans now have begun to feel
that they're members of a larger
pan-european culture increasingly heads
of government
and not just in the eu appear to be
consulting and acting in unison
on issues affecting the entire world
issues like
the environment crime world poverty
etcetera
arguably these things are lessening
ideological differences between nations
and because they're reported on news
channels like cnn
and seen by millions they help create a
sense of
pulling in the same direction they
create a feeling
that there's a common culture of
humanity if you like
now these phenomena have created easier
access to global markets no doubt
but marketing success as measured by
sales figures
is not guaranteed and this brings me to
the second part of my lecture
the implications of globalization for
marketing
you know although different markets may
share common human wants and needs
marketing successfully to those wants
and needs is never universal
marketing professionals must be mindful
of the local culture's values
and buying behaviors when deciding
strategy
this distinction between global and
local culture is sometimes referred to
in terms of the universal and the
particular
respectively a product becomes a
universal icon only because it has
particular appeal
to many individual cultures across the
globe it's the job of a company's
regional manager to ensure that the
product has
local appeal another challenge in
marketing messages across cultures is
understanding
differing communication styles
anthropologists make a distinction
between
high context and low context cultures
in high context cultures asian and
hispanic cultures for instance
communication depends heavily on context
this means the non-verbal aspects of
communication
in low context cultures like the us for
example
communication is more explicit than
verbal
so an example in japan an ad promoting a
luxury car might contain
very little dialogue but a lot of
impressive scenery
sophisticated gadgetry and stirring
music
these elements rely on the power of
association
in contrast in america the ads emphasis
might be on a spoken message explaining
the technology behind the car
something more explicit now
as a lesson in what not to do
let's take a look at two examples of
companies goofing up in their efforts to
market their products internationally
a company tried introducing its instant
coffee to france
a country where the casual image of the
product didn't fit into the prince
practice of preparing real coffee
which is a fixed part of the french
morning routine
then there's campbell's soups which lost
thirty thousand dollars in advertising
in europe
before realizing the british consumers
weren't familiar with the concept of
condensed soup
this particular case highlights how
easily marketing departments can fall
into the trap
of assuming that just because two
countries share a language and cultural
heritage
they'll be enticed by the same message
this can be a costly miscalculation
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