Global marketing communications

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Wendy Pease presentation from 16 Sept, 14 NH International Marketing Workshop

Transcript of Global marketing communications

Rapport International, 2014

Rapport International, 2014

Rapport International, 2014

Rapport International, 2014

Rapport International, 2014

Rapport International, 2014

Rapport International, 2014

Rapport International, 2014

Agenda

Strategy for entry important Translation options to consider Controlling QUALITY is important Marketing Communications suggestions Consider global differences SEO special considerations

Strategy for entry important

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Strategy #1 Look for ActivityRemember Ed’s slide

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Strategy #2 Deal in EnglishNo. 1 Fear of Exporting

Dealing with Language Issues

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Skip Translation – Target English-Speaking Countries United States Canada Caribbean UK Netherlands Australia New Zealand India Hong Kong Singapore

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Lost Market Only English Speaking Countries

14%

7%

79%

English Speaking inCountires

Non-English Speakers inCountries

Rest of World

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2000-3000 Languages in World and the Number is Decreasing

75%

20%

5%

Chinese, English,Spanish, Russian, Hindi,German, Italian,Japanese, Arabic,Bengali, Portuguese,French + dozen more

Other

1000's of languages

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Languages to Talk to 60% of World (3,900,000,000 people)

English French German Spanish Portuguese Italian Russian

Traditional Chinese Simplified Chinese Japanese Hindi Bengali Arabic

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Strategy #3 - Market AnalysisTraditional Recommendation

Find opportunities – well researched customer and competitive analysis allows for quick penetration and avoidance of poor market choices.

Assess Market Potential – market size, economic climates and trends, demand for product/service. Avoid “look good” markets.

Understand the business framework – legal, financial, regulatory, environmental, political, marketing practices. Get knowledgeable help.

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Rank Country 1 United States 2 China 3 Japan 4 Germany 5 United Kingdom 6 France 7 Brazil 8 Italy 9 Canada 10 Russia

Rank Country1 China 2 United States 3 India 4 Brazil 5 Mexico 6 Russia 7 Indonesia 8 Japan 9 United Kingdom 10 Germany

2010 2050

Source: Dionysios Bouzos presentation at the Emerging Markets Symposium Oct 2013

Strategy #4 – Growth PotentialAnalyst Expectations

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Start with BRIC Countries

Brazil Russia

India China

Big Bite to Chew

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•BRIC Brazil, Russia, India, China •BRICS Brazil, Russia, India, China, South Africa •MIST/MIKT Mexico, Indonesia, South Korea, Turkey •N-11 South Korea, Indonesia, Iran, Mexico, Philippines,

Turkey, Egypt, Nigeria, Pakistan, Vietnam, Bangladesh

•3Gs Bangladesh, China, Egypt, India, Indonesia, Iraq, Mongolia, Nigeria, Philippines, Sri Lanka, Vietnam

•CIVETS Colombia, Indonesia, Vietnam, Egypt, Turkey, South Africa

•MAVINS Mexico, Australia, Vietnam, Indonesia, Nigeria, South Africa

•EAGLES Brazil, China, India, Indonesia, South Korea, Mexico, Russia, Taiwan, Turkey, Iran

•EAGLES NEST Argentina, Bangladesh, Chile, Colombia, Egypt, Malaysia, Nigeria, Pakistan, Peru, Philippines, Poland, South Africa, Thailand, Vietnam, Iraq, Saudi Arabia

Other Options

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Places to Start

Mexico Indonesia South Korea Turkey

Egypt Nigeria Vietnam South Africa

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Weigh ALL Strategies

#1 Incoming Action #2 English Only or Preferred

language/culture #3 Needs Analysis #4 Experts on Market Analysis

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Agenda

Strategy for entry important Translation options to consider Controlling QUALITY is important Marketing Communications suggestions Consider global differences SEO special considerations

Translation options to considerControlling QUALITY is important

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Translation Options

Gist Globalization Localization Transliteration

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Branding Mistakes

Got Milk

NOVA

Pinto

Electrolux

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Option Depends on Materials

Communications – email, personal correspondence Human Resources – employee announcements,

training, newsletters Operations – spec sheets, training, manuals Research – articles on subject, patents, new product Legal – contracts, agreements, disclosures Financial – annual reports, financial statements Marketing – web, brochures, price sheets, press

releases, communications materials, business cards

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Bottom Line!

Use Globalized or Localized translation for any document that has the potential to significantly affect the financial standing, legal position, safety performance or equipment operations of a company.

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Controlling Quality

Well written English Clear message Present final copy for translation Allow for expansion Edit/review/test the translation Hire the right agency Allow time Track changes on future edits

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Unfortunate Restaurant Names

Cabbages and Condoms

Thai Cuisine

Soon Fat

Chinese Take Away

Chickpizz

(for chicken or pizza)

Chocolate Log

Confectionery

Rapport International, 2014

Agenda

Strategy for entry important Translation options to consider Controlling QUALITY is important Marketing Communications suggestions Consider global differences SEO special considerations

Marketing communications suggestionsConsider global differences

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Cultural Communications

Graphics Colors – red, black and white References Jokes Formality Off limit topics

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Rapport International, 2014

Global Culture

Smile

Off Limits Topics

New “Golden Rule”

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Global Differences

Cognitive Styles Negotiating Value System Manners Eating Humor Gifts and Business Card Giving

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Cognitive Style–processing info

Open versus closed

Associative versus abstractive

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Negotiating – for best interest

Faith

Fact

Feeling

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Value System – Basis for Behavior

Locus of Decision Making – individualism or collectivism

Sources of Anxiety – interpersonal relationships, religion, technology and law

Issue or Equality/Inequality – division of power

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Manners

Touching

Greeting – Business Cards

Conducting Business

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Eating

Ordering Seating Arrangements Table Manners Paying Tipping

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Humor

Be Careful!

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Gifts

Expectations Amounts Appropriateness Logos

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Guidelines

Individuals are all different Be aware of differences Be authentic Ask your interpreter or your host

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Agenda

Strategy for entry important Translation options to consider Controlling QUALITY is important Marketing Communications suggestions Consider global differences SEO special considerationsSEO special considerations

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SEO Particulars – Google Dominates World

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In-language Content!!!

70-90% of consumers spend most or all of their time on websites in their own language.

73% of consumers are more likely to buy a product with information in their own language.

56% of consumers said that the ability to obtain information in their own language is more important than price.

42% say they NEVER purchase in other languages.

Source: Common Sense Advisory Survey & European Commission Study

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Largest Search Engines

China – Baidu South Korea – Naver Japan – Yahoo Europe – Google Russia – Yandex (4th largest in the world)

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Tips for SEO –

CONTENT, CONTENT, CONTENT Consider global mobile usage

Same for marketing!!! Understand local users – search terms,

preferences, competition, thought leader Make it culturally appropriate – sentiment,

language, type of content Abide by local regulations (censorship) Source right technology and talent

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Thank you!Please contact me with any questions

Wendy PeaseRapport International

93 Moore Rd.Sudbury, MA 01776

978-443-2540wendypease@rapportintl.com