Analyzing Airdri's International Marketing Strategy for Germany
VerifiedAdded on 2023/06/10
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AI Summary
This report provides an overview of international marketing concepts and applies them to Airdri, a UK hand dryer manufacturer, exploring its potential expansion into the German market. It differentiates between global and local marketing, discusses the marketing mix in an international context (product, price, place, promotion), and examines different international marketing approaches. The report compares home and international orientations, considering ethnocentric, polycentric, and geocentric approaches. It justifies Airdri's rationale for international expansion, including revenue generation, competition, investment, diversification, cost reduction, and talent acquisition. The analysis highlights Germany's strong manufacturing sector and productivity as key reasons for selecting it as a target market. The report concludes that international marketing is crucial for businesses seeking growth and competitive advantage, emphasizing the importance of aligning the marketing mix with global client requirements and leveraging competitive edges in new markets. The document includes a list of references to support its analysis.
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