Languages barriers, cultural differences, value systems, religious beliefs, etc. are all reasons why marketing initiatives can fail
Fantastic news! We've Found the answer you've been seeking!
Question:
Languages barriers, cultural differences, value systems, religious beliefs, etc. are all reasons why marketing initiatives can fail in foreign countries if proper research is not done prior to the product launch. In many cases, these mistakes, stemming from insufficient market research, can cost businesses millions of dollars.
Required:
Find a real-world example of an instance when a company failed when trying to market a product in a foreign country. Explain what the product or campaign was and why it failed when entering the new country.
Related Book For
Global Marketing management
ISBN: 978-0470505748
5th edition
Authors: Masaaki Kotabe, Kristiaan Helsen
Posted Date: