Thursday, May 16, 2019
International Marketing Report Essay Example | Topics and Well Written Essays - 3000 words
International Marketing Report - sample ExampleSony is one of the leaders in the entertainment industry as it manufactures entertainment gadgets like word picture games, televisions, and many more. According to Interbrand top a hundred Global Brands in the year 2011, Sony emerged position thirty-six among other a hundred brands. It is also among the top a hundred effectively managed companies across the channel world (Koontz & Weihrich, 2006104). This was because of its renowned heritage of creativeness and innovativeness. Sony boasts of having products in the electronic, games, entertainment, and in the provision of financial service sectors. In this regard, this essay will delve on a critical analysis of Sonys marketing flow across the international markets. Further, it will highlight the International Process Theory that correctly describes Sonys internationalisation with supportive evidence. Lastly, it will discuss the extent to which Sonys company country of origin influen ces consumers perception of Sonys products by giving proper justification. Sony and the marketing mix Marketing mix is a business-marketing tool, which encompasses the four Ps in the influencing of consumers towards finding a companys products and services for the attainment of its goals and objectives (Lamb et al, 2008148). The four Ps be price, place, promotion, and product that when mixed reflect the nature of different services within a market. Sequentially, Sony Company has managed tally use this marketing tool in the diversification of its products and its price range to favor its consumer base. Additionally, Sony has capitalized on approving places in which they distribute there products and have implemented various(a) promotion strategies to increase awargonness of its products to its nates market. Product In essence, a product is anything presented to a market for the market to be aware of its existence, later which they will buy, and then use it to satisfy either a want or a extremity (Richter, 201229). A certain number of factors influence a products uptake within a market that may range from the brand name that a market associates its products to a number of others. In addition, the packing aspects of the products and the condom standards applied within the use of the product also influence the sale of products. Remarkably, the style, packaging, quality, and warranty associated with the product are attributes that also propagate a consumer towards buying of certain products within a market setting. For instance, consumers tend to access products from companys who offer variety and improvement in the quality of already of already subsisting goods in a market. In this regard, Sony Company offers a number of products to the electronic, games and entertainment fields. For instance, the company manufactures television screens and projector, cameras, foundation theatre systems, computer hardware, mobile phones, and car entertainment devices. Additionally, Sony is a manufacturer of home recording devices, store media, and charging devices. Ideally, Sony has further divided some of its products in to other sub categories especially on the television products. This has make the company able to service its market thorough the innovation of tailor made products that suit their various clients. These customers include households, offices, and public gatherings. Ideally, their products are able to meet the needs of their customers without financial
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment