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Posts Tagged ‘global marketing tactics’

Do You Know How to Take Advantage of Globalization with Your Marketing?

October 3rd, 2014
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The world is getting faster.

In the past few years, the term globalization has been used to describe an unprecedented cultural, economic and political phenomenon that has fundamentally changed the world.

With faster intercontinental travel and almost instantaneous communication technologies, societies, economies and individuals have become more interdependent than ever before.

As globalization spreads more wealth from developed nations and into developing ones, a new global middle class has risen with an even greater desire to consume than 1950s America. According to Internetworldstats.com, the amount of people who have access to the internet has increased 676.32% in the last 14 years. Most of that growth occurred in the continents of Africa and Asia.

So what does that mean to a 21st century marketer?

It means that a taxi driver in Senegal can watch a Yankees game, purchase Yankees related merchandise and spread the Yankees brand to a whole new generation of consumers.

Now imagine if you could deliberately break into this new emerging market.

What would you do? How would you connect with your new potential customers and increase your brand awareness at the same time?

Most companies do it by creating and promoting culturally specific products that vary depending on the region. McDonalds is great at this. Ever heard of the Teriyaki McBurger?

Teriyaki_McBurger

 

It’s a product exclusive to its Japanese market and one of McDonalds Japan’s biggest sellers.

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Multichannel Marketing: 3 tips to help take your e-commerce global

June 6th, 2014
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Achieving e-commerce growth in a global marketplace is tough for any organization.

This is especially true when you consider the increasing complexity of global e-commerce coupled with the challenges of reaching new regional customer bases that are different than your existing customers.

These were some of the challenges facing Tom Davis, Global Head of E-commerce, Puma. In a recent MarketingSherpa webinar, he revealed how Puma used an omnichannel marketing approach to successfully position the company’s e-commerce initiative worldwide.

“I think the biggest thing for us is to identify where we fit in the marketplace,” Tom explained.

In this MarketingSherpa Blog post, we’ll take a look at three tips you can use to help take your e-commerce efforts global.

 

Tip #1. Love your customer data

successful-brands-data

 

According to Tom, diving into your data to discover how your business will operate (and potentially grow) in new regional markets is paramount.

“I think it’s imperative for brands, especially retail brands that may have a wholesale part of their business, to really embrace the data,” Tom said. 

 

Tip #2. Focus on delivering a mobile-first experience to stay ahead of the pack

mobile-growth-global

 

One interesting point Tom mentioned was how different regional markets are in different stages of smartphone tech adoption, which will, in turn, impact both online user experiences as the mobile migration continues and the organization’s market penetration strategy in different regions.

In sum, there are a lot of smartphone tech adoption opportunities yet to occur in markets outside of the U.S.

Tom also explained that the gray bars are last year’s mobile penetration (percent of unique mobile visitors) for Puma’s Web properties versus the blue bars, which were just for Q1 of 2014.

“You can see that in almost every market, our mobile penetration is growing,” Tom said.

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