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In international marketing, the marketers are required to come up with a decision as to whether they are going to standardize the product or to modify the existing products which is one of the challenging decisions that they have to make. And this decision can make impacts on the organization in terms of the Research and development expenses, finance, production, organization structure, procurement, marketing mix etc. And the decision as to which to choose depending on the attitudes towards the different cultures. So in this article, we are going to cover these two concepts so that you can have an idea about the two concepts in depth.
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Case study on Nike's Marketing strategy - Nike is the top athletic apparel and footwear manufacturer in the world. This presentation will give you an insight of how Nike changed the marketing scenario of the sports equipment industry. Started off as a small company which only made running shoes for athletes by athletes, in just a short span of time, it rose to become the leading competitor of the sports industry.
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(20)
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Chapter 13
1.
Product and branding
strategy Chapter 13
2.
3.
Levels of a
product Figure 13.1 Three levels of product
4.
5.
6.
7.
Table 13.1 Marketing
considerations for consumer products
8.
9.
10.
11.
12.
13.
14.
15.
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18.
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20.
21.
22.
23.
Figure 13.3 Product-line
stretching decisions
24.
25.
26.
27.
28.
29.
30.
31.
32.
Figure 13.4 Major
brand strategy decisions
33.
34.
35.
36.
37.
38.
39.
40.
41.
Figure 13.5 Brand
development strategies
42.
43.
44.
45.
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