Qusetion: Brand: NESCAFE (The similarity MUST below 5%)
(2000 words not include content page and references, at least 30 journal articles)
Your Marketing Director has been invited to make a presentation to a group of domestic consumer marketers. The conference, ‘Going global, acting local - communicating global brands to global markets' aims to encourage home businesses to take their brands abroad.
The audience will include marketing consultants, company marketing personnel and researchers. She has asked you to carry out some research for her and present her with a report on this topic area, from which she will put together her presentation. This should be clear and concise and identify the main points that she should make. The report should be based on one chosen brand only.
You will need to help her by looking at academic research.
The report should outline your responses to the following issues:
1. Discuss global, local and glocal strategies towards two of the following areas:
• Product
• Price
• Distribution
• Promotion
Use marketing theory when discussing globalization, localization and glocalization within the context of international marketing. Use range of examples to enhance your discussion and academic sources to discuss marketing terminology.
2. Select and discuss the target market (or primary target market if there are more than one target customer) for your chosen global brand. Identify whether the brand is targeted to a global market or whether the target consumer differs from country to country. Use as many appropriate segmentation variables as you can to support your answer. Use relevant marketing theory and terminology to underpin your discussion.
Brief: 1. Overview of Nescafe (must have at least 3 pictures for this part)
a. Product Offering (must have at least 3 pictures for this part)
b. Strategies relating to Product
i. Globalization (must have at least 3 pictures in 3 different countries for this part and explain)
ii. Localization (must have at least 3 pictures in 3 different countries for this part and explain)
iii. Globalization (must have at least 3 pictures in 3 different countries for this part and explain)
c. Strategies relating to Promotion
i. Globalization (must have at least 3 pictures in 3 different countries for this part and explain)
ii. Localization (must have at least 3 pictures in 3 different countries for this part and explain)
iii. Globalization (must have at least 3 pictures in 3 different countries for this part and explain)
2. Nescafe Primary Target Market (must have at least 3 pictures for this part)
a. Market Segmentation (must have at least 3 pictures for this part)
b. Demographic Segmentation (must have at least 3 pictures for this part)
c. Benefit Sought (must have at least 3 pictures for this part)
d. Geographic Segmentation (must have at least 3 pictures for this part)
e. Psychographic/ Lifestyle Segmentation (must have at least 3 pictures for this part)
3. References