Wednesday, June 17, 2020

BUS 343: International Marketing (May 11, 2020)


International Marketing
                        Marketers communicate through visuals, words, and sound to reach consumers through integrated marketing communications. Global marketing is one way a business expands its operations to gain additional shares of the market. China, India, and other developing countries interest firms because of their growing populations, economies, and industries. Many industries in these countries are newly-developing which means the market competition may be lower than established countries and there is potential for growth. Each country has its own uncontrollable elements to consider before entering a market. A country’s economic standing, political environment, and climate can impact culture. Culture affects every aspect of a consumer’s life from every day activities to one’s purchasing decisions. Culture influences consumers’ priorities, values, morals, lifestyles, needs, habits, and how they satisfy these conditions (Cateora, 2016).
            Due to these differences, marketers need to adapt or create new marketing strategies that consumers will accept because even the, “best practices and rules of thumb cannot necessarily be generalized from one national market to the other, no matter how successful those ideas are in either market considered alone” (Blake et al, 2015, p. 13). An understanding of these considerations will allow marketers to make the best decisions so that the product’s market entry has the lowest level of resistance, so the marketer can deliver the right product to the right consumers.
Challenges and Opportunities for the Global Marketer
            Online shopping habits are tangible and intangible ranging from a consumer seeking information about a product to completing a purchase on a product site. There are 6 types of e-shopping behavior including intentional or incidental information acquisition, online of offline purchases, the use of digital apps, and making digital purchases. These sales opportunities may occur directly from companies, or from other consumers, third-parties, product reviews, and pop-up advertisements (Blake et al, 2015). For a global marketer these vehicles provide an opportunity to reach consumers in quickly and easily, however, online consumer behavior is complex and reaching specific segments remains a challenge.
            The way consumers use online resources for shopping is a unique experience that varies demographically and culturally. One group of interest to companies and marketers is the Millennial generation. Overall, Millennials have lower incomes levels and less expenditures than its predecessors, however, Millennials purchase twenty-five percent of annual products (Paulin, 2018). The size of this generation group means potential growth and sales for companies. The Millennial population in China alone is 415 million equaling thirty percent of the country’s population (Kim & Chao, 2019). Both China and the United States are large in Millennial populations and sizable e-markets. One study on Millennial e-shopping habits found many similarities between the awareness and usage of the internet and applications in both cultures, but there are some notable differences. These differences are a potential challenge for marketers.
            Marketers decide which trends to apply to every market because the, “best practices and rules of thumb cannot necessarily be generalized from one national market to the other, no matter how successful those ideas are in either market considered alone” (Blake et al, 2015, p. 13). Millennials in each country use some e-commerce vehicles differently or in some instances, rarely.  For the knowledge seeking, ninety-four percent of Millennials in the United States have used a search engine for product research, whereas only about a third of Chinese Millennials use search engines. One-third of the U.S. Millennials use price comparison websites, while only twenty-one percent use these sites in China. To purchase tangible products, Millennials in the U.S. are three times likely to buy directly from a manufacturer’s website than those in China. Unites States Millennials are also more likely to use distributor websites. For digital media, Millennials in the U.S. are twice as likely to use a digital media store for their purchases and more likely to subscribe to content. The Chinese Millennial are more likely to refer to blogs, microblogs, and slightly more experienced with apps with the accrual of membership points (Blake et al, 2015). The use of ecommerce vehicles change frequently, which is another challenge for marketers. The various ways for consumers to shop online makes it more challenging for marketers to understand specific consumer behavior, however, these vehicles are an opportunity for marketers. Once the marketer knows the most popular and least popular platforms and activity, the marketer can decide the best platforms to use to reach the targeted segment of consumers.
            Marketers design unique marketing plans for each country around uncontrollable and controllable variables. The controllable elements of the marketing strategy are price, product, promotion, and place. Many uncontrollable impact a country’s market and consumer response to a marketing plan such as competition, government regulations, political environment, and natural disasters (Cateora, 2016). These uncontrollable aspects also attribute to a consumer’s unique culture. Culture affects every aspect of a consumer’s life from every day activities to one’s purchasing decisions. Culture influences people’s priorities, values, lifestyles, beliefs, needs, and how they satisfy these conditions (Cateora, 2016). Culture may also explain online consumer purchasing behaviors. Understanding the impact of these uncontrollable factors allows marketers to adapt the controllable aspects accordingly.
            One area that may impact the Chinese consumer’s e-shopping experience and the data in the survey is the omni-channel company Alibaba. Alibaba became the largest e-tailer platform over Amazon by 2017. Alibaba’s online businesses include online and offline sales, videos, browsers, and maps. One million out of six million local stores signed up for the e-commerce platform (Leverenz, 2018). Like Amazon changed the consumer shopping experience in the United States, Alibaba impacts the way consumers shop and businesses sell products. Not all the effects are positive. The boom of the local Chinese e-tailing business saw a rise in counterfeit good, low-quality products, and falsely advertised items. To combat these problems, China introduced the Comprehensive E-commerce Law in 2019 to protect consumers and investors from fraudulent and misleading business practices. Alibaba was one of the businesses targeted for its sales of contraband and poor quality products (Mizner, 2019). The regulations and protections may present several reasons why the consumer usage data in the United States differs from China in some categories.
Framework of Analysis
            The first step of framework analysis for international marketing is to identify the problem in one’s home country and then define the problem in the foreign country. Next a researcher needs to identify possible self-referencing-criterion (SRC) influence on the problem and redefine the business goal (Cateora, 2016). The study’s purpose was to understand the shopping habits of educated Millennials in China and the United States. The study defines the ages of the groups surveyed, the shopping category options, and the term e-shopping to avoid SRC. The study’s framework provides a good overview of possible consumer behavior trends, but a larger sample would provide a better reflection of the entire Millennial group.
            The case study consists of only 776 participants from two schools, which is not representative of the population. The article notates that this is a starting point for understanding Millennial  e-shopping behaviors, not intended to represent the population (Blake et al, 2015). To represent the Millennial target segment in each country, researchers can conduct a larger survey. For the purpose of sales, some of the categories could be removed such as browsing and price comparison searches. While this information is important for funneling consumers to a site for purchase, it does not provide enough insight into where the final purchase happens. The study divides the products into tangible goods and digital purchases, but there is no knowledge of the types of products purchased. Depending on the industry one is marketing for, this data may not apply. For example if the collected data is for college text books, then this may not apply to clothing or another market.
            The U.S. Bureau of Labor Statistics conducted a thorough study on purchasing habits of Millennials in the United States from 2014 through 2016. Researchers collected data through weekly diary surveys and quarterly interviews quarterly for an entire year. In each visit, Millennials recorded their expenses for the previous quarter, while the Millennials participating in Diary Surveys completed it each week. The quarterly visits asked about large expenditure items while the Diary Surveys covered smaller purchases like food. The study also compared the results of the Millennials to four other generations for comparison. Some notable results are that Millennials have lower incomes that other generational groups, yet purchases 23 percent of products. Millennials spend up to nine percent of their income on food at home and up to 6 percent at restaurants. Less Millennials own homes than other generations (Paulin, 2018). The study also uses statistical analysis to compare two groups.  While this is not a study on online purchasing habits, a framework such as this example would provide a more thorough understanding of consumer online purchasing behaviors.
Cultural Differences and Marketing Plans
            Culture is an important consideration for international marketers because it effects marketing strategy decisions "in pricing, research, promotion, channels of distribution, product, packaging, and styling" (Cateora, 2016, p. 98). The success of a marketing plan depends on the ability to mesh within a culture. For marketing efforts to be successful every element of the marketing strategy should be adapted to fit into a country’s culture seamlessly. Alternatively, some products and companies entry into the market can change that culture, but product’s that have the least resistance are often adopted quicker by consumers.
            The Cultural differences between the United States and China require marketers to design different marketing strategies for each country. To avoid bias it important to note that there are exceptions to overall generalizations, but there are notable differences between the countries. One difference is that the United States favors individualism, while China is collectivistic. China places importance on familiarity and friendships. Family comes first in business matters and outsiders have less importance (Cateora, 2016). While business decisions from those in the United States can make business decisions more analytically without familiarity. Most of the population of China come from a Chinese heritage and there are fifty-five minority groups within the population, but the United States has many mixed ethnicities due to immigration. The United States has over 1000 religions, while the majority of China believe in Confucianism, Daoism, and Buddhism (Encyclopaedia Britannica, n.d.). The diets of each country are different. The eastern diet is based upon protein and vegetables, while animal fats and processed foods are a large part of the western diet. The Chinese practice Feng shui to increase the flow of chi which brings good luck and health, while Americans may consider a practice like this as merely superstition (Cateora, 2016). The difference between the two cultures are numerous and different subcultures exist within each country.
            Pricing is an area of marketing affected by culture. Even psychological pricing can differ in each country. For example, in the United States a fairly standard pricing is to end the item price with ninety-nine instead of rounding up to the next dollar (Cateora, 2016). This pricing strategy makes consumers perceive the price as lower. In China, the number eight is used because the Chinese consider eight to be a lucky number and a symbol pf prosperity, therefore consumers would respond more positively to a price ending in eighty-eight (Cateora, 2016). Marketers need to consider various differences to create the best marketing strategy for each country.
            Another characteristic of culture is that it is constantly changing. Sometimes these changes occur slowly while others happen rapidly. The introduction of a new product can potentially change a culture, but resistance to change is a challenge for marketers. International marketers consider how different cultures adopt or reject change to understand how to present a new product to that market. The best strategy for marketers is to research what resistance to acceptance the product may face in the foreign market and create a marketing strategy that will accelerate its acceptance (Cateora, 2016).
Legal Considerations
            One legal aspect for marketers to consider are the guidelines and regulations each country places on businesses and their practices. In some countries several agencies that monitor businesses. For example, in China the State Administration Bureau for Industry and Commerce (SABIC) regulates the marketing mix. The SABIC has authority from the state and local governments to regulate most trade practices including protecting consumers, preventing unfair trade, maintaining order within the market, and promoting competition. SABIC is one of the largest Chinese government agencies with authority over Chinese business laws such as the Contract Act, Trademark Act, and the Enterprise and Business Registration Act. Corporations or individuals are required to register and license the business before conducting any business operations. Any business practices that may impact the environment must obtain approval from the State Environment Protection Bureau. A business or owner must show a bank credit certificate or other financial information to demonstrate financial stability. Some industries are restricted and require a special license. A company that fails to abide by these guidelines may receive penalties such as fines. Any business that violates the Trademark Laws may lose their business registration (Guoqun, & Saunders, 1994).
            SABIC regulates marketing guidelines through the Advertising Administration Rules. Under these guidelines all claims in advertisements must be clear and substantiated by facts. The Rules also prohibit most alcohol, cigarette, and anti-government advertisements. If an advertisement is deemed offensive or illegal, SABIC can impose penalties such as a fine for less serious offences to annulling a business license for more serious offences. Each year SABIC sponsors a three hour television event in which consumers can call in and file business complaints. Then the agency investigates these complaints (Guoqun, & Saunders, 1994). Most countries, like the United States has similar guidelines, but it is important for businesses and marketers to understand each country’s specific laws to operate within its legal limits.
Conclusion
            International marketers cannot introduce a product into the market without adapting it to that market and expect the product to be successful. An international marketer considers how to adapt every aspect of the marketing strategy and communication to that market. The communicated material and visuals need to mesh with the culture for quick adoption. Quick technological advances are also a challenge. As the case study shows there are multiple ways for consumers to purchase products offline and online and even these behaviors differ between cultures. The more information a marketer knows about a culture: its history, its current events, and how the people lives, the more of an advantage a marketer has in that country’s market. Even further, an international marketer views different cultured without bias to gain knowledge, and knows to expects and account for changes.

References
Blake, B., LaRosa, R., Luming, Y., Neuendorf, K., & Hudzinski,K. (2015). A look at the e-shopping habits of U.S. and the Chinese millennials. Quirks Media. https://www.quirks.com/articles/a-look-at-the-e-shopping-habits-of-u-s-and-chinese-millennials
Cateora, P. (2016). International marketing (17th ed.). Retrieved from https://redshelf.com/
Encyclopaedia Britannica, Inc.. (n.d.). Britannica.com. Retrieved on May 10, 2020 from https://www.britannica.com/place/China
Guoqun, F. & Saunders, J. (1994). China’s regulated marketing mix: The role of the State Administration Bureau for Industry and Commerce. Journal of Marketing Management, 10(7),655-666. DOI: 10.1080/0267257X.1994.9964312
Kim, R. & Chao, Y. (2019). Effects of brand experience, brand image and brand trust on brand building process: The case of Chinese Millennial generation consumers. Journal of International Studies, 12(3), 9-21. http://eds.b.ebscohost.com.proxy-library.ashford.edu/eds/pdfviewer/pdfviewer?vid=8&sid=5c7b4159-4e13-4abc-8a3e-a987e203d7a3%40sessionmgr101
Leverenz, J. (2018, November 15). The future of e-commerce and retail will be written in China. Forbes. https://www.forbes.com/sites/oppenheimerfunds/2018/11/15/the-future-of-e-commerce-and-retail-will-be-written-in-china/#e7b4992115f7
Mizner, D. (2019, October 7). China’s newfound regulatory zeal targets retail. Forbes. https://www.forbes.com/sites/dennismitzner/2019/10/07/chinas-newfound-regulatory-zeal-targets-retail/#121669b350e3
Paulin, G. (2018). Fun facts about Millennials: Comparing expenditure patterns for the latest through the greatest generation. Monthly Labor Review, 1-49. DOI: 10.21916/mlr.2018.9.


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