International Marketing
Prior to beginning work on this discussion forum, review Chapter 15 from the course text, International Marketing. (attached)
Discussion Prompts
Initial Response
Assume you are part of a product development team in a global company tasked with launching an eco-friendly (\\”green\\”) product that has a service or intangible component. This expansion will be in the Americas, Africa, or a European country. Your goal is to design a product that not only meets local needs but also aligns with environmental sustainability principles, catering to the growing demand for green products at the internal level. Address the following:
- Select one of the four suggestions as your target market/host country.
- Hand-woven rugs with organic, plant-based colors with décor consultation services (home country: Iran)
- Sustainably sourced leather handbags with recycling service (home country: Italy)
- Fine wine with subscription services (home country: France)
- Sustainable silk apparel with repair services (home country: China)
- Select three aspects for each layer (core, packaging, and support services) to examine in detail, considering how these elements will adapt to your chosen market\\\’s specific needs and expectations.
- Core component
- Describe two essential features of the product. You can consider elements like the product’s purpose, technology, and the extent of features/service.
- Packaging component
- Discuss two elements. You can consider elements like packaging crucial to product success in material quality and branding strategies.
- Support services component
- Discuss two support services essential to your product, such as warranties, deliveries, and customer support.
- Core component
- Examine the country of origin of your selected product and discuss the Country of Origin Effect (COE) as brands make decisions to expand internationally.
- Your initial post must be a minimum of 350 words.
- You must use your textbook to support your ideas and analysis.
- You must use headers and sub-headers.
- Selected product and service
- Core component
- Packaging component
- Support Services Component
- Country of origin
Requirements: clear
Answer preview to International Marketing
APA
360 WORDS