Professional Documents
Culture Documents
2013-15
International Strategic Marketing
Course Credit: 3
Sessions planned: 30
Sandeep Bhasin (Asst. Professor)
Amity International Business School
NOIDA
sbhasin@amity.edu
+91 99589 55151
Course Description
This course will present an overview of the unique aspects of marketing in the international business
environment and provide the framework upon which multinational marketing management can be
based. Emphasis will be placed on the role of the international marketing manager in the development
of marketing strategies for a variety of markets in diverse cultural, political and economic situations.
Focus will be on the decision making process in the areas of foreign market analysis, target
identification, product planning, promotion and channels of distribution
Learning Outcomes
Upon successful completion of this course, students will:
1.
2.
3.
4.
5.
Understand how the basic principles of marketing are applied in a variety of diverse cultural,
political, legal and economic environments
Understand the benefits that nations derive from unrestrained free trade
Be able to explain the various methods of entering foreign markets, the degree of commitment
required and the associated levels of risk
Understand the concepts of product life cycle and classification of goods and their importance
for foreign market acceptance, product adaptation and overall marketing strategy decision
making
Be aware of the various techniques used by modern marketers for segmenting foreign markets
in both the consumer and industrial sectors.
Required Text
1.
2.
3.
4.
Strategic Marketing Management, Third Edition, Richard Wilson and Colin Gilligan
Global Marketing Management, Keegan, Seventh Edition
Strategic Marketing Problems, Twelfth Edition, Kertin and Peterson
Strategic International Marketing An advanced perspective, Melewar and Gupta
Overview of Assessment
The course is designed with continuous assessment with one-minute test after every lecture. Your
assessment will consist of one written exam, case analyses, project/ presentations and class
participation. The exam will assess your understanding of key course concepts. The case analyses will
assess your ability to apply course concepts to what customers and companies do. Participation includes
in-class discussion of cases, readings, exercises, and current marketing challenges
Components
Mid-Term Test
Class Presentation
Assignment
Attendance
Seminar
End-Term Exam
Weightage (Marks)
10
5
5
5
5
70
Deadline
To be announced
Starts 27th January, 2013
20th January, 2013
System Driven
To be announced
To be announced
Assignment
i.
ii.
iii.
iv.
v.
vi.
vii.
h. Consumer Durables (Blue Star, TTK prestige, Whirlpool, Bajaj Elec, IFB, Sony, LG, Hitachi)
i. Chemicals (Pidilite, Asian Paints, Bayer, Akzo Nobel, Monsanto, Tata Chemicals, Deepak
Fertilizers)
j. Cement and Construction (Ambuja, Ultratech, ACC, Cera Sanitary)
k. Media and Entertainment (Network 18, BCCL, Zee, UTV, PVR, Dish TV, BAG Films,
Cinemax)
l. Information Technology (Tech Mahindra, Infosys, TCS, HCL Tech, NIIT Tech, Financial
Technologies)
m. Pharmaceutical (Cipla, Cadila, Biocon, Lupin, Ranbaxy, Ipca Labs, Glenmark, Dr. Reddys
Lab)
n. Telecommunications (bharti, Reliance, Idea, Tata telecom)
o. Tobacco (ITC, VST, Kothari)
p. Retail (Shoppers Stop, Lifestyle, Wills Lifestyle, Future Retail, Peninsula, DLF)
q. Real Estate (DLF, Oberoi, BPTP, Godrej, Tata, Omaxe, Unitech)
Define an observation in consultation with the professor on a strategic call taken by the
company; This would be to measure the effectiveness of a strategic call taken by the company
either to outpace the competition or to consolidate its position in the market.
Undertake a secondary research on strategies implemented and its short term and long term
impacts
Undertake a primary market survey to approve or disapprove the hypothesis
Submit the written assignment latest by 30th January, 2014
Only selected groups with extraordinary (primary and secondary) research to make the
presentation in the class.
Session Plan
Module 1- Introduction to International Marketing
Importance and scope of Global Markets
Towards GLOCAL Marketing
Assessing Global Market Opportunities
Political, Economic, Social and Regulatory Climate of international market
Driving & Restraining Forces affecting Global Integration
Session
Number
1
Topic
Introduction to
the concept of
Strategy
Mode
L
Sub-Topics
The nature of marketing; strategic
decisions and nature of strategy;
marketing strategy interface; New
era in strategic marketing
Reference
Strategic Marketing,
Cravens & Piercy,
Page 1 37
Strategic Marketing
Management, Wilson and
Corporate,
Business and
Marketing
Strategy
Glocal
Marketing
Gilligan, Page 1 - 16
Strategic Marketing,
Cravens & Piercy,
Page 1 37
Strategic Marketing
Management, Wilson and
Gilligan, Page 1 - 40
Strategic International
Marketing, Melewar and
Gupta, Page 23 - 44
Glocal
Marketing
Glocalization as
Globalization
Strategic International
Marketing, Melewar and
Gupta, Page 23 44
Refer Course-Pack
Weblinks:
http://www.stanford.edu/class/ee353/marketing%20strategy.htm
http://marketing.about.com/cs/advertising/ht/5steps2strategy.htm
ftp://ftp.repec.org/opt/ReDIF/RePEc/blg/journl/538dumitrescu%26vinerean.pdf
Session
Number
6
Topic
Mode
Background
Marketing
information
diffusion
Reference
Strategic Marketing,
Cravens & Piercy,
Page 129 130, 142 144
Global Marketing
Management, Keegan
Page 181 - 203
Strategic International
Marketing, Melewar and
Gupta, Page 123 124
Marketing
information
System
Strategic Marketing
Management, Wilson &
Gilligan, Page 221 260
Weblinks:
https://editorialexpress.com/cgibin/conference/download.cgi?db_name=MWETFall2011&paper_id=46
http://dev3.cepr.org/meets/wkcn/2/2329/papers/olarreaga.pdf
Session
Number
9
Mode
Background
3 Component
Definition of
Strategic
Marketing
Global
Segmentation
Refer Course-pack
11
Global Targeting
12
Product
Positioning
13
Players or
Strategic Marketing
Management, Wilson &
Gilligan, Page 315 359
Strategic International
Marketing, Melewar and
Gupta, Page 171 180
Strategic Marketing
Management, Wilson &
Gilligan, Page 167 182,
Page 347 - 358
Strategic Marketing
Management, Wilson &
Gilligan, Page 353 354
Global Marketing
Management, Keegan
Page 371 - 374
Refer Course-pack
10
Topic
Players or Positions
Reference
Positions
Dr. Pepper
Snapple Group
Case Analysis
Strategic Marketing
Problems, Page 80 - 93
Weblinks:
http://web5.wgu.edu/aap/content/mkc1-chapter_5.pdf
http://www.studymode.com/subjects/global-segmentation-targeting-and-positioningpage4.html
Session
Number
14
Topic
Mode
Strategic choices
Background
Product decisions and choices,
dimensions of product policy,
development of new products
Reference
Strategic Marketing
Management, Wilson &
Gilligan, Page 495 515
Global Marketing
Management, Page 361 370
15
Analyzing
product
portfolio
16
International
Product Strategy
17
International
Marketing
strategies
Development of strategic
perspective, model portfolio
analysis, criticism of portfolio
analysis
Porters 3 generic competitive
strategies, competitive advantage
Strategies for Leaders, Followers,
Challengers and Nichers
Strategic Marketing
Management, Wilson &
Gilligan, Page 361 383
Strategic Marketing
Management, Wilson &
Gilligan, Page 385 - 423
Strategic Marketing
Management, Wilson &
Gilligan, Page 425 480
Global Marketing
Management, Page 553 570
Weblinks:
http://www.marketing91.com/product-portfolio/
http://www.bcg.com/documents/file13255.pdf
http://www.portfoliodecisions.com/Por1.html
Session
Number
18
Topic
Mode
Pricing
Decisions
19
Pricing
Objectives
20
Dumping;
Transfer Pricing
21
Global Pricing
22
Burroughs
Welcome
Company
Background
Environmental Influences on
Pricing Decisions: Currency
fluctuations, exchange rate
clauses, competitive behavior
Marketing Skimming, Penetration
pricing, Market Holding, using
sourcing as strategic pricing tool
Dumping, Cost based transfer
pricing, market based transfer
pricing, JVs
Three policy alternatives:
Extension/ Ethnocentric;
Adaptation/ Polycentric;
Invention/ Geocentric
Superior Supermarkets: Everyday
low prices
Reference
Global Marketing
Management, Keegan
Page 391 - 399
Global Marketing
Management, Keegan
Page 399 - 404
Global Marketing
Management, Keegan
Page 407 - 413
Global Marketing
Management, Keegan
Page 414 417
Strategic Marketing
Problems, Page 496 507
Weblinks:
http://economictimes.indiatimes.com/definition/pricing-strategies
http://www.netmba.com/marketing/pricing/
http://www.transferpricing-india.com/faq.htm
http://www.pwc.in/en_IN/in/assets/pdfs/publications/2013/domestic-transfer-pricingnavigating-new-challenges-booklet.pdf
Session
Number
23
Topic
Mode
Background
Reference
Account
Management
24
International
Branding
25
Cadbury
Beverages
Global Marketing
Management, Page 448 460
Strategic International
Marketing, Page 5 20
Global Marketing
Management, Page 460 470
Strategic Marketing
Problems, Page 316 - 330
Session
Number
26
27
Topic
Mode
Background
Reference
Logistics
Distribution
Global Marketing
Management, Page 422 430
Global Marketing
Management, Page 431
445
Weblinks:
http://www.marketingdonut.co.uk/marketing/marketing-strategy/exporting-and-distributionstrategy/ten-ways-to-improve-your-international-marketing-strategy
http://hbr.org/2000/11/seven-rules-of-international-distribution/ar/1
http://www.ekonomi.gov.tr/upload/bf09ae98-d8d3-85664520b0d124e5614d/fatih_akkaya.pdf
Topic
Internal
Evaluations
Internal
Evaluations
Internal
Evaluations
Mode
Background
Reference
Course Pack
Course Pack
Course Pack