When in Rome, do as the Romans do: good advice for tourists who want to blend in and, it turns out, for Western consumer goods companies that want to take their brands to emerging markets. The trappings of a polished Western brand-fancy packaging, glossy advertising-can make products too pricey for many consumers in poorer countries. Better to buy into local brands and capture markets at price levels that make local consumers feel comfortable.
Content: Article
Authors: Fernando Lunardini, Gilberto Duarte de Abreu Filho, Nicola Calicchio
Source: McKinsey Quarterly
Subjects: International, Marketing / Sales
Authors: Fernando Lunardini, Gilberto Duarte de Abreu Filho, Nicola Calicchio
Source: McKinsey Quarterly
Subjects: International, Marketing / Sales
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