Article Review: Chen et al. - Asian-American Market Entry Strategy
VerifiedAdded on  2022/09/18
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This article review analyzes the article "A Korean, a Chinese, and an Indian walk into an American bar: Tapping the Asian-American goldmine" by Chen, Kim, and Kohli. The review focuses on the article's examination of the changing globalization trends, particularly the influx of small Asian brands into the US market, driven by shifts in marketing strategies, technology, and consumer demographics. The article proposes a two-stage market entry strategy for these brands, emphasizing the role of the growing Asian-American consumer base. Key concepts discussed include long-tail branding, social media branding, and ethnic segmentation. The author's main arguments highlight how the combination of these strategies, along with the emergence of a new Asian-American ethnic group, branding changes, and technological advancements, has facilitated the success of Asian brands. The review emphasizes the article's relevance to managers, providing insights into global market trends and flexible strategies applicable to diverse demographics. This article also forecasts the increasing impact of Asian brands in non-US markets.
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