International Marketing Theories Essay Example | Topics and Well Written Essays - 2750 words

International Marketing Theories - Essay ExampleThe theory that is most applicable for companies that produce fast moving consumer goods is Quelch and Hoff who suggest that it is better for companies to achieve economies of scale by concentrating on the intact demand of a number of countries this evict help them achieve a higher learning skip through an accumulated experience. Companies like Procter & Gamble have concentrated their detergent production for example in fewer plants thus taking advantage of lower costs because of economies of scale. But, like products many companies can likewise use a global communication approach by standardizing the product and also the promotion proficiency at both ends. Same ads can be used to target similar markets, thus economies can be achieved if expensive commercials are used. And we see popular examples like Lux which is truly an international stigmatize name and the same premium position that its focus is. Similarly as products grow in t heir life history cycle national brands also go global. These global brands capture the global customers as its market in the sense that it really sees the customers similarity and wipe out any differences that it may see to target wherefore with a single stick.