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Convergence in Global Markets: The Great Standardization Versus Localization Debate Is (Finally) Put to Rest

In: Media and Convergence Management

Author

Listed:
  • Barbara Mueller

    (San Diego State University)

  • Charles R. Taylor

    (Villanova School of Business)

Abstract

This chapter explores a different kind of convergence—the convergence among consumer segments in the global marketplace. Growing convergence among consumer segments has increasingly enabled firms to formulate standardized marketing strategies for their brands. This has led to the great standardization versus specialization debate. For over 50 years, both academics and marketers have argued over the degree to which firms should globalize or customize their marketing programs across countries. In the following pages, we address the advantages to each approach and highlight empirical studies that have shed light on the debate. The remainder of the chapter addresses frameworks for understanding international advertising strategy and the application of cultural dimensions to international advertising research. The chapter concludes with the implications of convergence for international marketing managers.

Suggested Citation

  • Barbara Mueller & Charles R. Taylor, 2013. "Convergence in Global Markets: The Great Standardization Versus Localization Debate Is (Finally) Put to Rest," Springer Books, in: Sandra Diehl & Matthias Karmasin (ed.), Media and Convergence Management, edition 127, chapter 7, pages 89-105, Springer.
  • Handle: RePEc:spr:sprchp:978-3-642-36163-0_7
    DOI: 10.1007/978-3-642-36163-0_7
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    Cited by:

    1. Pradip H. Sadarangani & Anup Krishnamurthy & Richard P. Bagozzi, 2017. "Shared Consumer Needs Across India and China: A Path to Global Advertising of Services?," Management International Review, Springer, vol. 57(3), pages 473-500, June.
    2. Syed Hassan Raza & Umer Zaman & Moneeba Iftikhar & Owais Shafique, 2021. "An Experimental Evidence on Eco-Friendly Advertisement Appeals and Intention to Use Bio-Nanomaterial Plastics: Institutional Collectivism and Performance Orientation as Moderators," IJERPH, MDPI, vol. 18(2), pages 1-16, January.

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