Cheers in China! International marketing strategies of Spanish wine exporters
Noelia Jiménez-Asenjo and
Diana A. Filipescu
International Business Review, 2019, vol. 28, issue 4, 647-659
Abstract:
Due to the globalization of the wine sector and the increase in competition, multinational enterprises (MNEs) and small and medium-sized enterprises (SMEs) have increased their presence in emerging markets, especially in China. This paper presents an in-depth analysis of the specific case of Spanish wine exporters to China, and examines the different external and internal factors impacting their international marketing decisions. Employing the case-study methodology, it is revealed that external factors force companies to adapt their back labels, distribution channels, prices and communications, while the internal factor of corporate strategy is the main cause for the standardisation of their product ranges, brand names, main labels and positioning. This paper also exposes the need to include the variable of firm size as an internal factor that is observed to have a major effect on the development and control of the marketing mix, as well as access to Guanxi networks.
Keywords: International marketing strategy; Standardisation; Adaptation; Firm size; Winemaking companies; Case study; China; Emerging markets (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eee:iburev:v:28:y:2019:i:4:p:647-659
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DOI: 10.1016/j.ibusrev.2019.01.001
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