Maslow's hierarchy of needs provide a useful framework for understanding how and why local products and brands can be extended beyond home-country borders. How can Maslow's needs hierarchy be used in global marketing?
What will be an ideal response?
The essence of marketing is finding consumer needs and fulfilling them. As an individual fulfills needs at each level of the hierarchy, he or she progresses to the higher level. At the most basic level of human existence, physiological and safety needs must be met. Basic needs include that of food, clothing, shelter and other basic survival needs. However, one has to understand that the basic human need to consume food and drink is not the same as wanting or preferring a Big Mac or a Coke. After Coca-Cola and McDonald's were established at home, they entered the international arena since they are fulfilling the basic needs. These needs are deeply ingrained in the culture, and so they are different in different countries. Responding to these differences has meant creating local products and brands that suit the tastes and preferences of different countries. Although the first two levels in Maslow's hierarchy are similar all over the world, the mid-level needs which include self-respect and self-esteem are different for different consumers in other countries. Products can therefore fulfill different needs in different countries. For example, refrigeration is not very common in India since fresh produce is purchased on a daily basis, and most of the products are not frozen. Also, due to the intermittent supply of electric current, it is not a very popular appliance. However, it is a status symbol. Similarly, a flush toilet is considered as a status symbol. Thus, the upper level of hierarchy does not fit in a similar fashion between Western cultures and other cultures.
You might also like to view...
One issue that is not involved in the negotiation of reporting pay arrangements is when such pay must be forfeited by employees
Indicate whether the statement is true or false
In societies that are _________ the ties between individuals are loose and everyone is expected to look after himself and his immediate family
Fill in the blanks with correct word