Online from: 1983
Subject Area: Marketing
Options: To add Favourites and Table of Contents Alerts please take a Emerald profile
|Title:||The role of context in assessing international marketing opportunities|
|Author(s):||Susan P. Douglas, (Stern School of Business, New York University, New York, New York, USA), C. Samuel Craig, (Stern School of Business, New York University, New York, New York, USA)|
|Citation:||Susan P. Douglas, C. Samuel Craig, (2011) "The role of context in assessing international marketing opportunities", International Marketing Review, Vol. 28 Iss: 2, pp.150 - 162|
|Keywords:||Consumer behaviour, Consumption, International business, Market entry, Market segmentation|
|Article type:||Research paper|
|DOI:||10.1108/02651331111122641 (Permanent URL)|
|Publisher:||Emerald Group Publishing Limited|
Purpose – The choice of which country or countries to enter is a critical decision and needs to be made with considerable care and deliberation. Initial market entry decisions have typically focused on country evaluations based on macro-economic data. While appropriate in providing an initial screening of countries, other factors, notably contextual factors, can provide important insights in assessing international market opportunities. The purpose of this paper is to examine the impact of context at four distinct levels.
Design/methodology/approach – The literature on the influence of context on consumption and purchase behavior is reviewed to provide a framework to understand contextual factors as a means to refine entry strategy and develop effective segmentation strategies.
Findings – A wide range of contextual factors exert influence on consumption choices and contribute to within-country heterogeneity. These are typically examined at the macro-level, but also need to be examined at the meso-level, micro-level and situational level to fully assess market opportunities and establish viable market segments.
Practical implications – Examination of contextual factors provides a richer and deeper understanding of which international markets to enter and which segments to target. Within-country cultural diversity, dramatic economic and regional disparities and marked differences in the infrastructure need to be assessed. In particular, examination of contextual factors helps to shed light on heterogeneity within countries not only in customer behavior, but also in the nature of the market infrastructure. This is a key element, not only in formulating entry and segmentation strategies, but also in implementing those strategies.
Originality/value – The effect of context has received little attention to date. The current paper highlights the importance of considering contextual factors and their impact on consumption behavior – an issue which has largely been ignored in previous research.
To purchase this item please login or register.
Complete and print this form to request this document from your librarian