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22 October, 2015 Global Marketing 1
International Masters in International Business (IMIB)
School of International Trade & Economics (SITE)
Jiangxi, PR China
22 October, 2015 Global Marketing 2
Dr. Chen Qi
Ph.D. in Economics
Presented To
Presented by: Group # 1
22 October, 2015 Global Marketing 3
Give an example of a company with
Global Marketing Orientation or Multi-domestic Marketing Orientation.
Explain its marketing orientation.
-Presentation on-
22 October, 2015 Global Marketing 4
Marketing Orientation
Global Marketing
A business approach or philosophy that focuses on identifying and meeting
the stated or hidden needs or wants of customers. Market orientation can
be thought of as a coordinated marketing campaign between a company
and its customers.
Global marketing refers to marketing activities coordinated and integrated
across multiple country markets. The integration can involve standardize
products, uniform packaging, identical brand names, synchronized product
introductions, similar advertising or coordinated sales campaign in several
countries. This strategy assumes all consumers in all countries or
geographic regions are the same. Despite the term “Global”, it is not
necessary that all or most of the countries be included. The principles are
roughly similar whether one talks about 10 or more countries.
22 October, 2015 Global Marketing 5
Example: Overview of SONY Corporation
• Company name : SONY Corporation
• Founded : May 7, 1946
• Head quarter : Tokyo, Japan
• Area Served : Worldwide
• Employees :131,700 (March’15)
• Market dominance in Television
industry in 1968s
• Major Products :
Camera, Television, Mobile phone,
Play station, Movie, Music,
Information and Communication,
Laptop, Components, Network &
Financial services.
Sony is the pioneer in
the entertainment and
electronics industry for
decades. With presence
over more than 150
countries.
22 October, 2015 Global Marketing 6
SONY: Products & Brands
WALKMAN
HOME VIDEO AUDIO & HOME THEATER
TELEVISION & PROJECTOR
Example: Sony Bravia
Triniton
22 October, 2015 Global Marketing 7
GAMES
Example: Playstation
Cyber-shot Still Camera Video Camera/ Handycam
CAMERAS
SONY: Products & Brands
22 October, 2015 Global Marketing 8
SONY: Products & Brands
OTHER PRODUCTS
Mobile Phone : 42+ Models
(Ex.- Xperia, Sony Ericsson)
Portable Device : 45+
In Entertainment : 41+
Storage Device : 14+
Music Playing Robot : ROLLY
Dog Shaped Robot : AIBO
Humanoid Robot : QRIO
ROBOTS
IT & COMPUTING
Example : VAIO
22 October, 2015 Global Marketing 9
SONY: Global Marketing Strategy
 Decision making is centralized which means Sony headquarter makes all
decisions relating to products, marketing and operations. Sony India, China
and US directly reports to the headquarter in Tokyo.
 All products are standardized regardless of the market in which they are to
be sold and are mass produced thereby taking advantage of economies of
scale and reducing cost.
 All products are packaged similarly and the instructions relating to the
products are general with no adjustments made to suit any specific market.
The packaging of Sony’s products in India is the same in China, US, Tokyo
and Europe.
 Advertisements are created to appeal to a single global market, often times
using global platforms such as Youtube and Facebook. These
advertisements are geared towards reaching persons internationally without
being custom-made for a particular region.
22 October, 2015 Global Marketing 10
In launching the playstation 4, Sony used a
campaign slogan “Greatness Awaits”.
The campaign aimed to appeal to persons of all
nation and age by playing on their emotions. To
Sony the tag line beautifully articulates what awaits
you if you choose the PlayStation platform. “You
can achieve your greatness, you can be an NBA
star, you can be a football star, you can kill
dragons, you can go on adventures, and you can
be a hero. You can live your dreams when you’re
playing games.”
When the satisfaction of listening to music was
limited to stationary places, Sony invented the
Walkman. This discovery of Sony justifies the
firm’s ability to anticipate hidden needs of
consumers.
SONY: Global Marketing Strategy
22 October, 2015 Global Marketing 11
SONY : India
India is becoming one of the most successful and important markets for SONY.
The core strategic advantages of SONY are-
> innovation, > pricing strategy,
> service & supply chain activities and > product quality.
Their strong brand image and worldwide reputation are what Sony uses to
market globally as persons internationally are often times confident of getting
quality products for their money when they buy Sony products.
India contributes 5% of Sony’s global revenues and is among the top ten
markets for the company. In India Sony maintains market leadership in product
segments such as Sony LED TV Bravia 40% share, Cybershot has 42% share
in compact digital cameras, Handycam 90% share in camcorders, and Sony
Vaio 20% share in consumer laptops.
Sony has cultivated in the minds of consumers a super premium brand status in
India which they developed by pricing their products relatively higher than their
competitors. It is this price positioning which has made all Sony’s products
aspiration to consumers of all ages.
Sony also operates successfully in China, USA, Europe and other parts of Asia.
22 October, 2015 Global Marketing 12
Promotion Strategy
22 October, 2015 Global Marketing 13
Global Revenue of SONY
Source: http://www.wikinvest.com
22 October, 2015 Global Marketing 14
Conclusion
• Sony offers the same products in different countries to
serve similar needs of worldwide consumers making
them a global company. This successful strategy derived
from the strengths of Sony over competitors in terms of
anticipating hidden consumer needs such as PlayStation
which served worldwide consumers for entertainment.
This places Sony one step ahead of their competitors.
• As a consequence of global availability and serviceability
of Sony, and consideration of Sony global marketing
strategy, it has gained global recognition and consumers’
loyalty. Yet, Sony managerial structure coordinates
decision through its home country.
22 October, 2015 Global Marketing 15
Questions or Comments ?

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Global Marketing Orientation or Multi-domestic Marketing Orientation

  • 1. 22 October, 2015 Global Marketing 1 International Masters in International Business (IMIB) School of International Trade & Economics (SITE) Jiangxi, PR China
  • 2. 22 October, 2015 Global Marketing 2 Dr. Chen Qi Ph.D. in Economics Presented To Presented by: Group # 1
  • 3. 22 October, 2015 Global Marketing 3 Give an example of a company with Global Marketing Orientation or Multi-domestic Marketing Orientation. Explain its marketing orientation. -Presentation on-
  • 4. 22 October, 2015 Global Marketing 4 Marketing Orientation Global Marketing A business approach or philosophy that focuses on identifying and meeting the stated or hidden needs or wants of customers. Market orientation can be thought of as a coordinated marketing campaign between a company and its customers. Global marketing refers to marketing activities coordinated and integrated across multiple country markets. The integration can involve standardize products, uniform packaging, identical brand names, synchronized product introductions, similar advertising or coordinated sales campaign in several countries. This strategy assumes all consumers in all countries or geographic regions are the same. Despite the term “Global”, it is not necessary that all or most of the countries be included. The principles are roughly similar whether one talks about 10 or more countries.
  • 5. 22 October, 2015 Global Marketing 5 Example: Overview of SONY Corporation • Company name : SONY Corporation • Founded : May 7, 1946 • Head quarter : Tokyo, Japan • Area Served : Worldwide • Employees :131,700 (March’15) • Market dominance in Television industry in 1968s • Major Products : Camera, Television, Mobile phone, Play station, Movie, Music, Information and Communication, Laptop, Components, Network & Financial services. Sony is the pioneer in the entertainment and electronics industry for decades. With presence over more than 150 countries.
  • 6. 22 October, 2015 Global Marketing 6 SONY: Products & Brands WALKMAN HOME VIDEO AUDIO & HOME THEATER TELEVISION & PROJECTOR Example: Sony Bravia Triniton
  • 7. 22 October, 2015 Global Marketing 7 GAMES Example: Playstation Cyber-shot Still Camera Video Camera/ Handycam CAMERAS SONY: Products & Brands
  • 8. 22 October, 2015 Global Marketing 8 SONY: Products & Brands OTHER PRODUCTS Mobile Phone : 42+ Models (Ex.- Xperia, Sony Ericsson) Portable Device : 45+ In Entertainment : 41+ Storage Device : 14+ Music Playing Robot : ROLLY Dog Shaped Robot : AIBO Humanoid Robot : QRIO ROBOTS IT & COMPUTING Example : VAIO
  • 9. 22 October, 2015 Global Marketing 9 SONY: Global Marketing Strategy  Decision making is centralized which means Sony headquarter makes all decisions relating to products, marketing and operations. Sony India, China and US directly reports to the headquarter in Tokyo.  All products are standardized regardless of the market in which they are to be sold and are mass produced thereby taking advantage of economies of scale and reducing cost.  All products are packaged similarly and the instructions relating to the products are general with no adjustments made to suit any specific market. The packaging of Sony’s products in India is the same in China, US, Tokyo and Europe.  Advertisements are created to appeal to a single global market, often times using global platforms such as Youtube and Facebook. These advertisements are geared towards reaching persons internationally without being custom-made for a particular region.
  • 10. 22 October, 2015 Global Marketing 10 In launching the playstation 4, Sony used a campaign slogan “Greatness Awaits”. The campaign aimed to appeal to persons of all nation and age by playing on their emotions. To Sony the tag line beautifully articulates what awaits you if you choose the PlayStation platform. “You can achieve your greatness, you can be an NBA star, you can be a football star, you can kill dragons, you can go on adventures, and you can be a hero. You can live your dreams when you’re playing games.” When the satisfaction of listening to music was limited to stationary places, Sony invented the Walkman. This discovery of Sony justifies the firm’s ability to anticipate hidden needs of consumers. SONY: Global Marketing Strategy
  • 11. 22 October, 2015 Global Marketing 11 SONY : India India is becoming one of the most successful and important markets for SONY. The core strategic advantages of SONY are- > innovation, > pricing strategy, > service & supply chain activities and > product quality. Their strong brand image and worldwide reputation are what Sony uses to market globally as persons internationally are often times confident of getting quality products for their money when they buy Sony products. India contributes 5% of Sony’s global revenues and is among the top ten markets for the company. In India Sony maintains market leadership in product segments such as Sony LED TV Bravia 40% share, Cybershot has 42% share in compact digital cameras, Handycam 90% share in camcorders, and Sony Vaio 20% share in consumer laptops. Sony has cultivated in the minds of consumers a super premium brand status in India which they developed by pricing their products relatively higher than their competitors. It is this price positioning which has made all Sony’s products aspiration to consumers of all ages. Sony also operates successfully in China, USA, Europe and other parts of Asia.
  • 12. 22 October, 2015 Global Marketing 12 Promotion Strategy
  • 13. 22 October, 2015 Global Marketing 13 Global Revenue of SONY Source: http://www.wikinvest.com
  • 14. 22 October, 2015 Global Marketing 14 Conclusion • Sony offers the same products in different countries to serve similar needs of worldwide consumers making them a global company. This successful strategy derived from the strengths of Sony over competitors in terms of anticipating hidden consumer needs such as PlayStation which served worldwide consumers for entertainment. This places Sony one step ahead of their competitors. • As a consequence of global availability and serviceability of Sony, and consideration of Sony global marketing strategy, it has gained global recognition and consumers’ loyalty. Yet, Sony managerial structure coordinates decision through its home country.
  • 15. 22 October, 2015 Global Marketing 15 Questions or Comments ?

Hinweis der Redaktion

  1. Sony made its way into being a strong competitor in global competitions on the basis of pricing, promotions, and consideration of diversity in market environments.