Advantages of Global Marketing and Advertising

A global marketing strategy and advertising program offer certain advantages to a company, including the following:

• Economies of scale in production and distribution.

• Lower marketing and advertising costs as a result of reductions in planning and control.

• Lower advertising production costs.

• Abilities to exploit good ideas on a worldwide basis and introduce products quickly into various world markets.

• A consistent international brand and/or company image.

• Simplification of coordination and control of marketing and promotional programs.

Advocates of global marketing and advertising contend that standardized products are possible in all countries if marketers emphasize quality, reliability, and low prices. They say people everywhere want to buy the same products and live the same way. Product standardization results in lower design and production costs as well as greater marketing efficiency, which translates into lower prices for consumers. Product standardization and global marketing also enable companies to roll out products faster into world markets, which is becoming increasingly important as product life cycles become shorter and competition increases.

A number of companies have been very successful using a global advertising approach, including Coca-Cola, Merrill Lynch, Xerox, American Express, and British Airways. Gillette used global advertising in the early 90s to launch its Sensor shaving system, which became one of the most successful products in the company's history. The advertising theme for the global campaign was "The Best a Man Can Get." At the end of the decade Gillette launched the Mach3, its new triple-bladed shaving system, and once again used a global campaign built around the high-tech theme of the product and retaining the same tagline. Prior to the introduction of the new product, Gillette launched the website, which was supported by online advertising to educate prospective customers about the intricacies of the triple-bladed razor. The Web campaign was followed by a $200 million global media blitz that helped make the Mach3 the number-one-selling shaving system after less than a year on the market. Exhibit 20-6 shows an ad for the Mach3 that was used in Spain.

Exhibit 20-6 Gillette used global advertising to launch its new Mach3 shaving system

Exhibit 20-6 Gillette used global advertising to launch its new Mach3 shaving system

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Advertising With Circulars

Advertising With Circulars

Co-op Mailing means that two or more businesses share in the cost and distribution of a direct mail campaign. It's kind of like having you and another non-competing business split the cost of printing, assembling and mailing an advertising flyer to a shared same market base.

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  • daniel giroux
    What are disadvantage of gillette mach 3 shave?
    5 years ago
  • haylom
    What are the disadvantage of global promotional?
    4 years ago
  • Felicity
    What are the advantages of advertising in global marketibg management?
    4 years ago
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    What are the advantages of standardized marketing communication?
    4 years ago
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    What are advantages of using a standardized global advertising campaign?
    4 years ago
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    What is a standardised global advertising campaign?
    4 years ago
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    What are the advantages of global market?
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    What are the merits and demerits of globally market?
    3 years ago
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    What are the benefits of global marketing?
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    What are some of the advantages of standardised global advertising?
    3 years ago
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    How do global marketing lowers marketing costs?
    2 years ago
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    2 years ago
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    2 years ago
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    1 year ago
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    5 months ago
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    1 month ago

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