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1 – 4 of 4Maria Fregidou-Malama, Ehsanul Huda Chowdhury and Akmal S. Hyder
This paper aims to deal with international marketing of products, analyzing how adaptation/standardization and network development are achieved when marketing products in…
Abstract
Purpose
This paper aims to deal with international marketing of products, analyzing how adaptation/standardization and network development are achieved when marketing products in Bangladesh.
Design/methodology/approach
By applying a qualitative method, the study was conducted at four multinationals, British American Tobacco, Perfetti Van Melle, Tetrapak and Reckitt Benckiser, operating in Bangladesh. Data were collected through semistructured interviews, direct observation and official documents. The analysis was conducted through construction of themes that were identified from the data set.
Findings
The study demonstrates that business relationships related to a local market should be adapted to customer preferences. The research suggests that a balanced combination of product quality and development of new, innovative products adapted to the needs of the market and the customers establishes trust and networks. Cultural and market context were found to influence multinational companies (MNCs)s to standardize the quality of the products and adapt marketing mix components to the needs of consumers.
Research limitations/implications
The paper contributes to international marketing literature with a model of product marketing based on context, trust, networks and adaptation/standardization. The model introduces the cultural dimension of femininity/ masculinity and the innovation of products and market structure. The study is limited to one emerging market. Further studies should explore other emerging market economies and MNCs.
Practical implications
The results suggest that to meet the challenges of emerging market economies and achieve success, managers should take people and market needs into consideration.
Originality/value
This paper extends product marketing literature by presenting a context-based model for MNCs’ product marketing.
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Keywords
Maria Fregidou-Malama, Ehsanul Huda Chowdhury and Akmal S. Hyder
This study aims to increase understanding of factors influencing the international marketing (IM) strategy of products from emerging markets (EMs) to international markets.
Abstract
Purpose
This study aims to increase understanding of factors influencing the international marketing (IM) strategy of products from emerging markets (EMs) to international markets.
Design/methodology/approach
This study conducted case studies by collecting qualitative data through semistructured interviews with respondents from four food product companies in Bangladesh.
Findings
This study finds that the firms employ local Bangladeshi people who are knowledgeable in the company culture. They strategically focus on countries where the Bangladeshi diaspora lives and initially target them, approaching natives later. They adapt and customize products to the importers’ requirements to make them visible and increase understanding between product providers and local customers. The findings show that EM firms encounter a mentality that poor countries produce poor quality products; this mindset makes the internationalization of their business difficult.
Research limitations/implications
This research contributes to international product marketing of EM firms by constructing a model of a modern people-oriented marketing strategy for food products. This study contributes to literature on culture by illustrating that the cultural dimensions of collectivism and uncertainty avoidance enhance the development of networks and trust and impact marketing strategy.
Originality/value
This study theorizes the importance of context and an innovation-driven modern people-oriented IM strategy that adapts to customers’ preferences for food products and emphasizes the contribution of diaspora. This research reveals that Bangladeshi firms face challenges both because customers link the country and the companies to low-quality products and because governmental regulations prevent them from establishing a local presence in other countries. This study analyzes challenges EM firms face in the process of IM and the factors affecting Bangladesh in particular.
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Akmal S. Hyder and Maria Fregidou‐Malama
The purpose of this study is to analyze how adaptation/standardization, trust and network development are achieved when marketing services in a culturally distant country through…
Abstract
Purpose
The purpose of this study is to analyze how adaptation/standardization, trust and network development are achieved when marketing services in a culturally distant country through handling the problems of intangibility and heterogeneity.
Design/methodology/approach
Qualitative data are collected in the form of unstructured interviews and direct observation to conduct a single case study on Gamma Knife.
Findings
Adaptation/standardization plays the central role in internationalization of services marketing. For service development and quality maintenance, values and ideas of the foreign company dominate the adaptation (i.e. standardization), while market‐related adaptation is carried out in response to local culture and practices.
Research limitations/implications
The research is based on a single case. Future research can involve similar in‐depth study examining how internationalization of services works in culturally distant countries, the results of which can be compared with the current study.
Practical implications
In international services marketing, in addition to meeting formal and official requirements, managers must concentrate on building trust and informal contacts.
Originality/value
The research uses an empirical illustration to provide a model on internationalization of services marketing based on adaptation/standardization, trust and network, to overcome intangibility‐ and heterogeneity‐related difficulties.
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