Friday, December 17, 2010

Global Marketing Management Planning and Organization

Globalization is a term used to describe a point in time when a organization creates its products to match the consumers needs on a global scale. It also requires marketing across several different key countries across the world. The marketing part of this is to establish the brand’s awareness, global consumers, and creating a marketing campaign appropriate for each area.

Not every organization should think about going worldwide and steps should be taken before even considering such a task. The age, location, values, and other things in the area are key in producing profit. The product should take steps to adapt to the taste of the consumer in that area. For example Coca-Cola uses 2 different recipes (sugar or corn syrup) for every market. Also they change the logo on the bottles to match that countries primary language.

Accomplishing global marketing management planning and organization seems like an impossible task but is well worth the reward.






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