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Carlos J. Torelli

Global Marketing: Iconic Brands uses the cultural frameworks introduced in Global marketing: Cultural Frameworks to guide the process of crafting a culturally focused marketing plan for a global expansion. The course introduces the key steps for developing a global marketing plan, starting with an environmental analysis of the new markets to be developed, which provides insights into the cultural preferences of target consumers in these new markets.

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Syllabus

Course Orientation
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
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Module 1: Key Global Marketing Functions
This module defines global marketing and identifies the key activities when attempting a global expansion. With globalization, it is increasingly difficult for companies to cope with the complex challenges discussed in Global Challenges: Cultural Frameworks. This module introduces a framework to analyze the issues involved in a global expansion. The module reviews in detail how to conduct an environmental analysis, the steps to estimate the size of a new market, and the changes in consumer behavior induced by cultural characteristics in a new market.
Module 2: The Brand Audit
Once the marketer has fully analyzed the new market, assessed the size of the market, and learned the cultural insights about consumers in the new market, the next step in a global expansion is to assess the extent to which the brand is well suited to appeal to the new target market. This requires a thorough understanding of the brand, its portfolio of products and services, and the distinctive associations that contribute to its equity, and in particular to its cultural equity. This knowledge is gained by conducting a brand audit. This module focuses on brands are knowledge structures represented in consumers’ memory and introduces a framework to describe the different types of brand knowledge, as well as to identify the types of knowledge that are distinctive and relevant, and hence contribute to the equity of the brand. Special attention is paid to the brand’s cultural meanings that elicit distinctive and favorable consumer responses—or to the brand’s cultural equity.
Module 3: Developing a Culturally Focused Marketing Plan
Once a marketer has gained a deep understanding of the focal brand and the cultural nuances of consumers in the new market, the next step is to leverage these insights for developing a culturally focused marketing plan. This module highlights the importance of incorporating culture into marketing decisions by reviewing consumers’ responses to the cultural meanings in brands. The premise that consumers respond more favorably to brands imbued with cultural meanings guides the first step in preparing a culturally focused marketing plan, which is developing a cultural positioning for the brand. Once a cultural positioning has been clearly articulated, the marketer can identify cultural elements to be incorporated into the brand identity. This is typically the first step in developing the marketing tactics of product, promotion, place, and price (or the 4 P’s) to be deployed in the new market.
Module 4: Integrating the Global Marketing Plan
Companies devise marketing tactics to penetrate a new market in the context of what their current marketing strategy is. Although the processes described in past modules partially incorporate the company’s current marketing strategy (i.e., by taking into account the equity of the target brand, an outcome of the overall marketing strategy, or by considering how the brand associations fit into the new market), a company that is already operating in its home market, as well as possibly in other markets, has a portfolio of ongoing marketing tactics. This module discusses the most common approaches to integrate these ongoing tactics with those needed to culturally resonate with consumers in a new market. Specifically, this module reviews the steps that a company should take to integrate actions in different markets under a unified global marketing plan. It focuses on the two competing approaches of standardization of the marketing mix versus cultural adaptation of parts or the entire marketing mix.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Covers tools and knowledge that are relevant to industry practices
Helps learners build a strong foundation in global marketing principles
Develops cultural understanding and its impact on marketing strategies
Taught by Carlos J. Torelli, an experienced professional in global marketing
Examines case studies to demonstrate real-world applications
Requires learners to have some prior knowledge in marketing

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Global Marketing: Building Iconic Brands with these activities:
Review marketing basics
Reinforce core marketing knowledge to lay a strong foundation for the course.
Browse courses on Marketing Fundamentals
Show steps
  • Identify and define fundamental marketing terms and concepts.
  • Describe the key components of the marketing mix.
  • Explain the role of segmentation, targeting, and positioning in marketing.
Explore Online Resources on Cultural Marketing
The internet is a treasure trove of resources for marketers. Explore online tutorials, articles, and case studies to broaden your understanding of cultural marketing.
Show steps
  • Search for online resources on cultural marketing.
  • Identify reputable sources and review their content.
  • Apply what you learn to your understanding of the course material.
Volunteer at a Cross-Cultural Organization
Nothing beats hands-on experience in different cultures. Volunteering at a cross-cultural organization allows you to interact with people from diverse backgrounds and gain firsthand insights.
Show steps
  • Identify local organizations that focus on cross-cultural exchange.
  • Contact the organizations and inquire about volunteer opportunities.
  • Attend volunteer training and orientation.
  • Participate in cross-cultural activities and events.
Eight other activities
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Review Hofstede's Dimensions of Culture
Hofstede's work on cultural dimensions is fundamental to understanding cross-cultural marketing. Reviewing this book will strengthen your grasp of cultural differences and enhance your ability to create effective marketing campaigns.
Show steps
  • Read chapters 2-5 to gain an overview of Hofstede's six dimensions of culture.
  • Select a country of interest and analyze its cultural profile using Hofstede's framework.
Market analysis exercises
Develop practical skills in conducting market analysis to support global marketing strategies.
Browse courses on Market Analysis
Show steps
  • Conduct a PEST analysis for a specific industry and geographic market.
  • Analyze competitor strategies and market share data to identify opportunities and threats.
  • Develop a comprehensive marketing research plan to gather insights into consumer behavior.
Attend a Cultural Marketing Workshop
Immerse yourself in the world of cultural marketing by attending a workshop. Engage with experts and practitioners to gain a deeper understanding of the field.
Show steps
  • Identify an upcoming cultural marketing workshop.
  • Register for the workshop and attend all sessions.
  • Actively participate in discussions and activities.
  • Follow up with the organizers or speakers after the workshop to continue learning.
Discuss Cultural Marketing Case Studies
Learning from real-life examples can be invaluable. Discussing case studies with peers allows you to gain insights from others' experiences and perspectives.
Show steps
  • Find a case study of a successful or unsuccessful cultural marketing campaign.
  • Analyze the case study and identify the cultural factors that influenced the outcome.
  • Share your findings with a group of peers and engage in a discussion.
Develop a Cultural Marketing Plan
Putting the theory into practice is essential for solidifying your understanding. Developing a cultural marketing plan challenges you to apply the concepts you learn in the course to a specific market.
Show steps
  • Choose a product or service and identify a target market in a new country.
  • Conduct a cultural analysis of the target market using Hofstede's framework.
  • Develop a marketing strategy that incorporates cultural insights.
  • Create a marketing campaign that resonates with the target culture.
  • Present your marketing plan to the class for feedback.
Develop a global marketing campaign
Apply course concepts to create a comprehensive marketing campaign that effectively addresses cultural differences in target markets.
Browse courses on Cultural Marketing
Show steps
  • Identify specific cultural values, norms, and beliefs that may impact marketing efforts.
  • Develop messaging and visuals that resonate with the target audience's cultural context.
  • Create a distribution plan that takes into account cultural factors.
  • Evaluate the effectiveness of the campaign based on cultural relevance and impact.
Develop a Cultural Marketing Toolkit
Create a practical resource that you can use in your future marketing endeavors. Developing a cultural marketing toolkit will help you organize and synthesize your learnings from the course.
Show steps
  • Identify the most important cultural factors that impact marketing.
  • Develop strategies for adapting marketing campaigns to different cultures.
  • Create a collection of case studies and examples of successful cultural marketing campaigns.
  • Compile your findings into a comprehensive toolkit.
Launch a Cultural Marketing Experiment
There's no better way to master cultural marketing than by implementing it firsthand. Launching a small-scale experiment allows you to test your strategies and gain valuable insights.
Show steps
  • Develop a hypothesis about the impact of cultural factors on a specific marketing variable.
  • Design an experiment to test your hypothesis.
  • Implement the experiment and collect data.
  • Analyze the data and draw conclusions.
  • Write a report on your findings.

Career center

Learners who complete Global Marketing: Building Iconic Brands will develop knowledge and skills that may be useful to these careers:
Brand Manager
A Brand Manager is responsible for developing and executing marketing strategies for a specific brand. This course may be useful in this role by providing insights into how to conduct a brand audit, how to develop a cultural positioning for a brand, and how to integrate marketing tactics across different markets.
Marketing Manager
A Marketing Manager is responsible for developing and executing marketing strategies for a company or organization. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets, how to develop a culturally focused marketing plan, and how to integrate marketing tactics across different markets.
Market Research Analyst
A Market Research Analyst is responsible for conducting market research to identify and analyze consumer needs and preferences. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.
Global Brand Manager
A Global Brand Manager designs, develops and executes global marketing campaigns for products and services. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.
International Marketing Manager
An International Marketing Manager is responsible for developing and executing marketing strategies for products and services in international markets. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.
Advertising Account Executive
An Advertising Account Executive is responsible for managing relationships with advertising clients and developing and executing advertising campaigns. This course may be useful in this role by providing insights into how to develop a cultural positioning for a brand and how to integrate marketing tactics across different markets.
Public relations manager
A Public Relations Manager is responsible for managing relationships with the media and developing and executing public relations campaigns. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.
Event Manager
An Event Manager is responsible for planning and executing events for companies or organizations. This course may be useful in this role by providing insights into how to develop a cultural positioning for a brand and how to integrate marketing tactics across different markets.
Sales Manager
A Sales Manager is responsible for leading and managing a sales team. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.
Business Development Manager
A Business Development Manager is responsible for developing and executing business development strategies for a company or organization. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.
E-commerce Manager
An E-commerce Manager is responsible for developing and executing e-commerce strategies for a company or organization. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.
Digital Marketing Manager
A Digital Marketing Manager is responsible for developing and executing digital marketing strategies for a company or organization. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.
Social Media Manager
A Social Media Manager is responsible for developing and executing social media strategies for a company or organization. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.
Product Manager
A Product Manager is responsible for developing and managing products for a company or organization. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.
Marketing Analyst
A Marketing Analyst is responsible for analyzing marketing data to identify trends and insights. This course may be useful in this role by providing insights into how to conduct an environmental analysis of new markets and how to develop a culturally focused marketing plan.

Reading list

We've selected 11 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Global Marketing: Building Iconic Brands.
Provides a comprehensive overview of international marketing, including the key concepts, theories, and practices. It valuable resource for students and practitioners who are interested in learning more about international marketing.
Provides a comprehensive overview of global brand management, including the key concepts, theories, and practices. It valuable resource for students and practitioners who are interested in learning more about global brand management.
Provides a comprehensive overview of the cultural dimension of international business, including the key concepts, theories, and practices. It valuable resource for students and practitioners who are interested in learning more about the cultural dimension of international business.
Provides a comprehensive overview of the future of capitalism, including the key concepts, theories, and practices. It valuable resource for students and practitioners who are interested in learning more about the future of capitalism.
Provides a comprehensive overview of the global economy, including the key concepts, theories, and practices. It valuable resource for students and practitioners who are interested in learning more about the global economy.
Provides a comprehensive overview of the rise and fall of nations, including the key concepts, theories, and practices. It valuable resource for students and practitioners who are interested in learning more about the rise and fall of nations.
Provides a comprehensive overview of the origins of power, prosperity, and poverty, including the key concepts, theories, and practices. It valuable resource for students and practitioners who are interested in learning more about the origins of power, prosperity, and poverty.
Provides a comprehensive overview of the globalization paradox, including the key concepts, theories, and practices. It valuable resource for students and practitioners who are interested in learning more about the globalization paradox.
Provides a comprehensive overview of the wealth of nations, including the key concepts, theories, and practices. It valuable resource for students and practitioners who are interested in learning more about the wealth of nations.

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