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Marketing Final   the impact on consumers' perceptions of products and/or brands that results from where the products are manufactured a written guarantee that assures that the buyer is getting what he paid for or that provides recourse in case a product's performance falls short of expectation Offers a product virtually unchanged in markets outside the home country

Marketing Oct 02, 2020

Marketing Final
 

  1. the impact on consumers' perceptions of products and/or brands that results from where the products are manufactured
  2. a written guarantee that assures that the buyer is getting what he paid for or that provides recourse in case a product's performance falls short of expectation
  3. Offers a product virtually unchanged in markets outside the home country.
  4. changing elements of design, function, or packaging in response to needs or conditions in a particular market.
  5. Companies can invent totally new products designed to satisfy common needs across countries
  6. to extend, without change, the basic home-market communications strategy while adapting the product to local use or preference conditions.
  7. a product or brand can be successfully extended to multiple country markets with some modifications of the communication strategy;
    is its relatively low cost of implementation.
  8. When a product that has been introduced into multiple country markets via a product extension-communication adaptation strategy serves a different function or use than originally intended.
  9. is to adapt the product to local use or preference conditions while extending, without minimal change, the basic home-market communication strategy or brand name.
  10. Both the product and , both the product and one or more promotional elements are adapted for a particular country or region.

Expert Solution

  1. Country-of-origin effect

the impact on consumers' perceptions of products and/or brands that results from where the products are manufactured

  1. express Warranty

a written guarantee that assures that the buyer is getting what he paid for or that provides recourse in case a product's performance falls short of expectation

  1. Extension Strategy

Offers a product virtually unchanged in markets outside the home country.

  1. adaptation strategy

changing elements of design, function, or packaging in response to needs or conditions in a particular market.

  1. Product Invention

Companies can invent totally new products designed to satisfy common needs across countries

  1. Product-communication extension

to extend, without change, the basic home-market communications strategy while adapting the product to local use or preference conditions.

  1. Product extension-communication adaptation

a product or brand can be successfully extended to multiple country markets with some modifications of the communication strategy;
is its relatively low cost of implementation.

  1. Product transformation

When a product that has been introduced into multiple country markets via a product extension-communication adaptation strategy serves a different function or use than originally intended.

  1. Product Adaptation-communication extension

is to adapt the product to local use or preference conditions while extending, without minimal change, the basic home-market communication strategy or brand name.

  1. Product-communication adaptation

Both the product and , both the product and one or more promotional elements are adapted for a particular country or region.

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