120 likes | 357 Views
Products & Services for Consumers. Chapter 12. Quality. Market-perceived Quality Performance Quality Homologation Green Marketing Packaging concerns. Products. What is a “Product”? Physical Psychological. Products. Innovative Products & Adaptation Degree of newness Innovation
E N D
Products & Services for Consumers Chapter 12
Quality • Market-perceived Quality • Performance Quality • Homologation • Green Marketing • Packaging concerns
Products • What is a “Product”? • Physical • Psychological
Products • Innovative Products & Adaptation • Degree of newness • Innovation • Product diffusion • Diffusion of Innovation • Three variables
Analyzing Product Components for Adaptation • Product Component Model • Core component- Physical product • Product platform • Design features • Functional features
Analyzing Product Components for Adaptation • Packaging component • Trademark • Brand name • Legal • Price • Quality • Package • Styling
Analyzing Product Components for Adaptation • Support services component • Repair & maintenance • Installation • Instructions • Other services • Deliveries • Warranty • Spare parts • Legal
Marketing Services • 4 characteristics • Intangible • Inseparable • Heterogeneity (Inconsistency) • Perishable (Inventory) • Opportunities • Tourism
Marketing Services • Barriers to Entering Global Markets for Services • Protectionism • Restrictions on data flows • Protection of intellectual property • Cultural barriers and adaptation
Brands in International MKT • Global brands • McDonald’s, Coca-Cola • Brand image • Problems • National brands
Brands in International MKT • Country-of-Origin Effect • Which is “best”? • Private Brands • Advantages