Week 3 – Impact of Cultural Values
Description:
Prepare a 15- to 20-slide Microsoft PowerPoint presentation, with speaker’s notes, illustrating your cross-cultural, Internet, mobile, and social media marketing strategy:
Include the following in your presentation:
- Choose a country where you will introduce your product/service after introducing it in the United States.
- Review how you will incorporate at least four of the following international considerations into your decision to enter this country
Include the following in your presentation:
- Choose a country where you will introduce your product/service after introducing it in the United States.
- Review how you will incorporate at least four of the following international considerations into your decision to enter this country:
- Is the geographic area homogeneous or heterogeneous with respect to culture?
- What needs can this product/service or a version of it fill in this culture?
- Can enough of the people needing the product/service afford it?
- What values or patterns of values are relevant to purchase and use of the product/service?
- What are the distribution, political, and legal structures for the product/service?
- In what ways can we communicate about the product/service?
- What are the ethical implications of marketing this product/service in this country?
- Develop a strategy to initiate and maintain an online community and social network.
- Choose one specific online network site (Facebook, Flickr, Instagram, YouTube, etc.), and discuss how you will interact with consumers with this network site.
- List the different methods that will be a part of your online marketing strategy to drive your information to consumers, as well as drive consumers to your information. Why did you choose these methods?
- Discuss how mobile search will be a part of your overall marketing strategy. Based on a recent study of mobile phone users by Experian (p. 532 in textbook), five segments of mobile phone users exist: (1) Mobirati, (2) Mobile Professionals, (3) Social Connectors, (4) Pragmatic Adopters, and (5) Basic Planners. How will you use these segments and their characteristics in information search and purchase?
- Develop a strategy for managing your online word-of-mouth. How will you initiate and gather word-of-mouth for your product/service?