Adapting consumer products to lesser-developed markets |
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Authors: | Richard R Still John S Hill |
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Institution: | California Polytechnic State University, USA;University of Alabama, University, AL USA |
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Abstract: | Different types of modern consumer products require substantially different amounts and types of adaptation in preparing them for marketing in Lesser-Developed Countries (LDCs). This study reports conclusions drawn from an empirical study of 174 products marketed by 61 subsidiaries of multinational corporations operating in 22 different LDCs. Some product categories, such as foods and drinks, require adapting to fit them more appropriately for LDC marketing conditions. Other categories, such as cosmetics, undergo few adaptations, as their makers seek to reap the benefit of their products' established images in LDCs. Still other categories, such as pharmaceuticals, undergo minimal adaptations, because of the substantial advantages their makers attach to global standardization. |
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Keywords: | Address correspondence to John S Hill Department of Management and Marketing College of Commerce and Business Administration University of Alabama P O Box J University AL 35486 U S A |
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