“Global Brands vs. Local Brands” A big issue facing the international marketing world today is whether global branding is better then local branding. Consumers all over the world have many different opinions on whether they like purchasing products from big corporate‚ multicultural companies or the local mom and pop shops that they have grown to know‚ and became comfortable with. The pros and cons of both global and local branding vary from good and bad. In my opinion local branding are still
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Global Luxury Brands’ Strategies to Fight Recession Global luxury brands’ strategies to Fight recession Choi Soon-hwa Luxury brands are actively responding to the latest economic downturn‚ said to be the worst since the Great Depression‚ racking their brains to escape the grips of the falling luxury goods market. Indeed‚ the hit to sales has been particularly bad as industrialized nations‚ traditionally the main luxury good markets‚ have suffered greatly. With luxury goods consumers having
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Coursework Assessment One Individual Case Study “Loreal” Dubai Campus 2013/14 Name: Chelsea Tina Potgieter Student Number: M00369950 Module Number & Title: MKT3130 International Marketing Module Leader: Dr. Alun Epps Seminar day: Wednesday; 17:00 pm Assessment ONE: Individual Case Study Report (40%) Thurs 20th February 2014 4:00pm Each student will be provided with a case study and will be required to write a report on the case study based on three questions
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Case Study – The Gobal Brand Face-Off Introduction With a value of $1.1 billion Espoir Cosmetics belongs to the best known cosmetic companies in the world. Natasha Singh‚ the executive vice president and global marketing officer proposes to associate Espoir’s new summer line with the launch of Supreme Studio’s second Diana’s She Devils movie. Espoir’s chairman and CEO‚ Ed Johnson‚ is not sure if this would be a good approach since a global brand strategy has not been used so far and consequences
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INDIAN BUSINESS SCENARIO IN RECESSION :- ITS CHARACTERISTICS & UNIQUE FEATURES Abstract : Recession is the result of reduction in the demand of products in the global market. Recession can also be associated with falling prices known as deflation due to lack of demand of products. Again‚ it could be the result of inflation or a combination of increasing prices and stagnant economic growth in the west. Indian Economy has sustained itself inspite of global recession. This is because of domestic savings
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Individual Assignment 3 - OSIM: Building a Global Brand 1)What is the meaning of the brand identity of OSIM? Brand identity of OSIM refers to how OSIM wants its consumers and potential consumers to view OSIM and its products. OSIM wants to improve the quality of life of its customers through the use of OSIM’s products and view OSIM as a leading global brand. What are the different aspects of this identity? OSIM’s brand identity‚ includes its name‚ trademark‚ communications‚ and visual appearance
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our group: …. Have you ever heard about Apple.inc? I’m sure you all know about this as it’s so famous of high-tech products. So today‚ we ’re very pleased to be here to talk about a topic that we think very close to all of you : Apple- the best global brand. Which reason makes us talk about Apple it’s because Apple has a large market share and it is having lots of influence on technological revolution. We hope that through this talk‚ everyone will have a sufficient overview about Apple. Now‚ to make
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HOW HAVAINAS BECAME A GLOBAL BRAND 1) What are the needs and wants associated with Havaianas’ marketing strategy? The first want is to be a basic holiday sandal that everybody has to have . That’s why it’s important to keep the same price‚ in this way everybody is able to buy it. Thay also want to be considerate as a sandal which can be wear in all circumstances. One of needs is to stay the sandal’s reference in Brazil but also all over the world. That’s why to show celebrities wearing the
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L’Oreal: Global Brand‚ Local Knowledge 1. Outline the various conflicting demands on L’Oreal in the international context and their relative importance. What tradeoffs do you see among them? The conflicting demands are: Global Integration Local responsiveness Leveraging knowledge (local to Global) Global Integration: L’Oreal is one of the world ’s most progressive companies and it is being honored for creating a corporate culture that embraces and drives diversity throughout the company
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successful Asian global brands and the key issues companies need to focus on in order to improve. However‚ few have concentrated on the unique requirements for fashion brands. In addition‚ while research on Asian garment industries have emphasized the need to shift from original equipment manufacturing to original brand manufacturing‚ few have elaborated further on how countries can improve their abilities to produce global fashion brands. By exploring the reasons for the lack of global Asian fashion
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