Sunday, May 26, 2019
International Marketing Research Essay
1. Identification of Case IssuesBase your issues on theoretical international ethics concepts. As the international marketing manager, what atomic number 18 the estimable issues to be shooted in this case? Use journals to help give your response depthThe report aims at entryway the new fair trade hot chocolate brand Mars, and analysing the current honorable understanding of the Nipponese marketing environment. The business viewed the honest issue which child slaveholding has created an unhonorable comparative advantage, and the current market for chocolate lies in the ethical ruin (Nicolas and Gittens, 2010). The result of the influence of fair-trade foods among japanese shows that the participants in japan do the ethical purchasing in observable condition much more than the anonymous condition (Kimura et al., 2012 Swaidan, 2012). The ethical purchasing of observable condition is about that about qualification products in an environment where there is no child abuse or child labour, that is environmentally conscious and where there is a survey placed on workers and their safety (Nicholls and Opal, 2005 Impact of adverse scotch shocks on the Indian child labour market and the schooling of children of poor households, 2012).Furthermore, the report claimed that is not only the purchasers engagement of ethical fair deal, but also the corporation participations impact on fair trade as well especially under the magnetic core of the global economic recession, businesses have great potential to benefit or threaten at the market (Lynch, 2012 McCall-Rosenbluth and Thies,2011 Reed, 2009). According to the report of Swaidan (2012), Japan has suffered painful economic recession and a series of corporate misconducts and scandals over the last decade. In the meantime, peoples interests in business ethics and corporate social state have remarkably increased (Tsalikis and Seaton, 2011). There are many similarities exist between Japanese and American managers which including the respective views on corporate social responsibility and unethical business practices (Tae and Nakano, 2008). Thus the marketing strategy should to consider the nations business ethical understandings.Furthermore, according to a personal perspective, the correct ethical behaviour differs, which includes the relativist, utilitarian, and Universalist perspectives and based on socio-economic status (Fletcher and Crawford, 2011 Lynch, 2012). It states a market where corruption is an issue as Japan ranked eighteenth on the subversive activity Perception Index of major emerging markets (Tae and Nakano, 2008 Tsalikis and Seaton, 2011). In Japan, the primarily views business ethics are by means of relativist and utilitarian perspectives (Fletcher and Crawford, 2011 McCall-Rosenbluth and Thies, 2011 Nicolas and Gittens, 2010).It will evoke the previous ethical perspectives when business markets a fair trade product to the Japanese. The ethical behaviour differs across nation s, influenced by popular attachments to governments, popular tailoreds, level of economic development, relative coat of public sector, low income for public servants, obscure legal and semipolitical environments, high level of government control and state ownership (Kimura et al., 2012 McCall-Rosenbluth and Thies, 2011 Swaidan, 2012). Moreover, according to Hofstedes quartette cultural dimensions, Japan outranks all separate countries in the measure of masculinity (Fletcher and Crawford, 2011). Hence, the marketing strategy must cater to the nations business ethical behaviours, and cultural dimensions facing fair trade products.2. Formulation of substitute(a)s or possible solutions with respect As the International marketing manager what are some alternative solutions, based on an ethical platform? Use journals to musical accompaniment your alternatives.Mars first entered the Asian market with a marketing strategy of sponsoring and becoming the prescribed snack food of the 19 90 Asian Games in Beijing (McElhatton, 2012). In addition, it claims that Mars has a legacy for aggressive instincts in international expansion, entering the Eastern European markets after the collapse of the Soviet Union in 1991 (Allen, 2010). These movements lead to factories being opened in the Asian markets to better understand the national environments, and it is the solid earthing for Mars to target and market the Japanese market which it was successful in combining investment with community activities to relay positive company behaviour in the political environment (McElhatton, 2012). Additionally, it proved that a link exists in successful brands between company ethical and social requirements, and the companys commitment to defend consumer rights and interests (Castaldo, Perrini, Misani and Tencati, 2011 Fletcher and Crawford, 2011 McCall-Rosenbluth and Thies, 2011).Thus, Mars must show it is not only has corporate social responsibility but its interest in the rights of its consumers, in order to market a new fair trade brand of chocolate in Japan (Nicolas and Gittens, 2010). Further, the right for Mars consumers to have access to chocolate is fair trade that gives added comfort and competitive price (Allen, 2011). From the perspective of economies, fair trade marketing may be successful if it is existed that consumers whose additional willingness to pay for fair trade products are great than the additional marginal costs (Lynch, 2012). However, the consumers who felt greatly affected by the global recession yet want to consume ethically, marketers must deliver value without compromising these social values (Castaldo, Perrini, Misani and Tencati, 2011).The report confirmed that the Japanese expect companies to stand behind their product well after a sale is made. They are not particularly price conscious, but rather rely on intrust (McCall-Rosenbluth and Thies, 2011 McElhatton, 2012). Moreover, there are restraining forces in the market such as political systems, legal requirements, cultural norms and economic development, that hinder the free flow of fair trade in the market (Fletcher and Crawford, 2011). In Japan, it is not simply enough to support the goods, but marketing mix is more important to the Japanese consumers who demand the after-sale services on financial resources, and the weakness of service is not tolerated in the Japanese market (Slavery involved in food production, 2008 Swaidan, 2012 Tsalikis and Seaton, 2011). On the other hand, the benefits of lowering 20 percent tariff of chocolate imports in Japan which is almost iii times of the USA levy on imported candy (McCall-Rosenbluth and Thies, 2011 Reed, 2007).The chocolate potential market for Mars grows as the high tariff is getting lowered, and allowing a new fair trade chocolate brand greater entry. If Japan is a significant leader in the Asian region drops its tariff, Korea as the other major potential market may follow (Allen, 2011 Tae and Nakano, 200 8). Japanese have their own take on Valentines Day which is a big chocolate buying frenzy (Tsalikis and Seaton, 2011). Gifts of chocolate from women to men on St Valentines Day have become a subtle key to gender empowerment in Japan.In Japan, women nationwide buy chocolates for their male co-workers rather than husbands and loved ones (Lewis, 1995). With this custom, women have successfully monopolized the means of socially defining chocolate, which is a large promoter for the industry. be a custom based on culture, chocolate sales in Japan on Valentines Day continue to increase as drinking chocolate prices soar. It means that the duty is expanding, which could offer the new opportunities for an ethical fair trade choice in the region (Allen, 2011 Fletcher and Crawford, 2011). Thus, marketing to the Japanese based on custom rather than the individual consumer is advised.3. Recommendation or choice of solutionMake a stand. What would you do as the International marketing manager fo r this company, based on an ethical platform? What are you going to recommend to the board?First of all, Japan is a rapidly growing market where corruption is an issue. The stakeholders should be the focus, and holistic and corporate social responsibility marketing is a strategic consideration (Tae and Nakano, 2008 Tsalikis and Seaton, 2011). The chocolate company Mars is recommended to use value-based labelling in order to increase consumer sentience of the brand. Moreover, individuals motivations from extrinsic social factors such as reputation-enhancing opportunities should be moulded around brand appearance and marketing strategy, which is rely on the product add value to the consumer thereby further building and maintaining the loyalty of the consumers (Fletcher and Crawford, 2011 McCall-Rosenbluth and Thies, 2011 Nicolas and Gittens, 2010). Secondly, a market-oriented solution is best for entering and marketing a fair trade chocolate brand in Japan, because Japan is a viable market to launch a brand, currently ranked third in world GDP (McCall-Rosenbluth and Thies, 2011 Tyler, 2012).The chocolate company Mars should consider about the ownership attributes, the location attributes and the internalisation for market entry (McElhatton, 2012). Mars could use the host marketers for the purpose of launching the market strategy from within the domestic environment. Furthermore, Mars could report the ethical practises to consumers which include ethical initiatives such as discontinuing marketing to children under age 12, and it is rely on brand integrity through Mars philosophy of mutuality of benefits for all stakeholders (Reed, 2007). It might offset distribution regulations and prevent ethical, legal and cross-cultural misunderstanding in brand marketing and procession (Fletcher and Crawford, 2011 McCall-Rosenbluth and Thies, 2011).Thirdly, Countries differ greatly in their ethical standards and consumer expectations (Tae and Nakano, 2008). In Japans poli tical system, dominant economic interests caused deep changes, so in the other word, Japan is the very embodiment of stability (Tsalikis and Seaton, 2011). On the other hand, as approximately ten percent of sales are from the Australasian region, Mars success has resulted from a simply philosophy go where the consumer economy is growing and the consumer is our boss. (McElhatton, 2012 Tyler, 2012). Thus, the assessment predicts a minor political could impact of the new product brand and low transaction cost (Fletcher and Crawford, 2011).Last but not least, Japan has greater equality of incomes between higher and lower incomes and market incomes (Kimura et al., 2012). This is ever more present as Japanese consumer social awareness grows and the distance is shortened between company and customer, due to communication advancements (McCall-Rosenbluth and Thies, 2011). The chocolate company Mars could potentially take a large market segment by marketing a CSR strategy in this high-incom e country via differentiation (Allen, 2011). Besides, the growth of e-commerce has diminished national barriers, thus ad campaigns directed at the Japanese market can be optimised online (Fletcher and Crawford, 2011 McElhatton, 2012).ReferencesAllen, L.L. (2011). Chocolate fortunes the battle for the hearts, minds, and wallets of Chinese consumers. Retrieved from http//site.ebrary.com.ezp01.library.qut.edu.au/lib/qut/docDetail.action?doID=10342364 Castaldo, S., Perrini, F., Misani, N., & Tencati, A. (2011). The missing link between corporate responsibility and consumer trust the case of fair trade products. Journal of Business Ethics, 84, 1-15. doi 10.1007/s10551-008-9669-4 Fletcher, R., & Crawford, H. (2011). International marketing an Asia-Pacific perspective 5th edition. Frenchs Forest, NSW Pearson Australia. Kimura, A., Mukawa, N., Yamamoto, M., Masuda, T., Yuasa, M., Goto, S., Oka, T., & Wada, Y. (2012). The influence of reputational concerns on purchase intention of fair-trad e foods among Japanese adults. Food Quality and Preference, 26(2), 204-210.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.