Marketing Theory in Global Business Context
Kazuyuki Motohashi
Chapter 9 in Global Business Strategy, 2015, pp 137-154 from Springer
Abstract:
Abstract Advancements in emerging countries present new market opportunities for Japanese corporations; however, to do so, they must confront the threats posed by local companies playing catch up by moving from a “build it and it will sell” product model to a customer value model that maximizes the value to the customer. To overcome this dilemma, companies must understand markets in these emerging countries (i.e., customer needs) at product- and service-planning levels, accordingly design products and services that maximize value to the target customers, and create channels to get these products and services to the consumers. These activities comprise marketing activities.
Keywords: Marketing Strategy; Disposable Income; Purchasing Power Parity; Advanced Country; Local Company (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-4-431-55468-4_9
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DOI: 10.1007/978-4-431-55468-4_9
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