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International Product
Decisions
Dr. Gopal Thapa
Associate Professor
Tribhuvan University
Product Mix in International
Markets
 Standardization and adaptation
 Packaging
 Branding
 Labelling
 Warranty and service policy
 International marketing of service products
 Product planning and development
3/6/2021 Copy right reserved 2
Standardization and Adaptation
 Standardization is an act of keeping or making of
uniform shape, size, color, quality etc.
 Adaption is an act of making products fit or suit to
the market condition.
 Adaption is also called localization
3/6/2021 Copy right reserved 3
Factors Encouraging Standardized
Products Internationally
 Economies scale in production
 Economies in product research and development
 Economies in marketing activities
 Company and product image
 Technological impact
3/6/2021 Copy right reserved 4
Factors Encouraging Product
Adaption
 Differing use conditions
 Socio-economic factor
 Cultural differences
 Government influences
3/6/2021 Copy right reserved 5
Packaging
 Packaging is designing and producing container or
wrapper for the product.
 The container package includes:
 Bags
 Drums
 Wooden boxes and crates
 Flexible container
 Others
3/6/2021 Copy right reserved 6
Levels of Packaging
 Primary package
 Secondary package
 Shipping
3/6/2021 Copy right reserved 7
Considerations while Packaging
the Export Products
 Nature of product
 Cultural aspects
 National preferences and requirements
 Mode of transportation
 Purchasing capacity of the people
 Environmental impact
 Possibility of duplication
3/6/2021 Copy right reserved 8
Labelling Decision
 Label is a simple tag attached to the product or an
elaborately designed graphic or pictorial
presentation that is the part of the package.
 Types of label
 Brand label
 Grade label
 Informative/descriptive label
3/6/2021 Copy right reserved 9
Essential Elements of Packaging
 Color
 Size
 Shape
 Materials
 Cost
3/6/2021 Copy right reserved 10
Factors to be considered while
labelling the product
 Language
 Government regulations
 Customer information
 Manufacturer’s own interest
3/6/2021 Copy right reserved 11
Branding and Trade Mark Decision
 Brand is a name, term, sign, symbol, or design, or
a combination of them which is intended to
identify the goods or services of ne seller or group
of sellers and to differentiate them from those of
competitors
 Trade mark is a symbol, or design or a part of
brand that is given legal protection
3/6/2021 Copy right reserved 12
Reasons for using brand and trade
mark
 Identification
 Differentiation
3/6/2021 Copy right reserved 13
Branding Strategies
 Use global brand
 Use national or private brand
3/6/2021 Copy right reserved 14
Considerations while using brand
name and trade mark
 The legal dimension
 Cultural aspect
 Strength of distributor
 Marketing consideration
3/6/2021 Copy right reserved 15
Warranty and Service Policy
 Should warranty be standardized?
 Should warranty be localized?
 Should warranty be used as a competitive tool?
3/6/2021 Copy right reserved 16
International Marketing of Service
Products
 Marketing of Airlines services
 Marketing of international consulting services
 Marketing of international licensing
3/6/2021 Copy right reserved 17
Selection and management of
International Product Line
 A product line refers to a set of interrelated
products offered by a company that fulfils the
identical needs and wants of the customers.
3/6/2021 Copy right reserved 18
Factors Determining the
International Product Lines
 Competitive Situation
 Market situation
 Government regulation
 Level of economic development
 Company’s method of growth
 Length of time in the market
3/6/2021 Copy right reserved 19
Management Strategy of the
International Product Line
 Drop the product
 Add and drop the product
 Add new product
 Line modernizing
 Line featuring
3/6/2021 Copy right reserved 20
Product Planning and
Development
 It is the planning activity of marketing carried out
for the purpose of selecting the right products or
services and distributing them:
 To the right locations
 At the right time
 In the right quantities
 At the right price
3/6/2021 Copy right reserved 21
Any Queries?
Thank you
3/6/2021 Copy right reserved 22

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International product

  • 1. International Product Decisions Dr. Gopal Thapa Associate Professor Tribhuvan University
  • 2. Product Mix in International Markets  Standardization and adaptation  Packaging  Branding  Labelling  Warranty and service policy  International marketing of service products  Product planning and development 3/6/2021 Copy right reserved 2
  • 3. Standardization and Adaptation  Standardization is an act of keeping or making of uniform shape, size, color, quality etc.  Adaption is an act of making products fit or suit to the market condition.  Adaption is also called localization 3/6/2021 Copy right reserved 3
  • 4. Factors Encouraging Standardized Products Internationally  Economies scale in production  Economies in product research and development  Economies in marketing activities  Company and product image  Technological impact 3/6/2021 Copy right reserved 4
  • 5. Factors Encouraging Product Adaption  Differing use conditions  Socio-economic factor  Cultural differences  Government influences 3/6/2021 Copy right reserved 5
  • 6. Packaging  Packaging is designing and producing container or wrapper for the product.  The container package includes:  Bags  Drums  Wooden boxes and crates  Flexible container  Others 3/6/2021 Copy right reserved 6
  • 7. Levels of Packaging  Primary package  Secondary package  Shipping 3/6/2021 Copy right reserved 7
  • 8. Considerations while Packaging the Export Products  Nature of product  Cultural aspects  National preferences and requirements  Mode of transportation  Purchasing capacity of the people  Environmental impact  Possibility of duplication 3/6/2021 Copy right reserved 8
  • 9. Labelling Decision  Label is a simple tag attached to the product or an elaborately designed graphic or pictorial presentation that is the part of the package.  Types of label  Brand label  Grade label  Informative/descriptive label 3/6/2021 Copy right reserved 9
  • 10. Essential Elements of Packaging  Color  Size  Shape  Materials  Cost 3/6/2021 Copy right reserved 10
  • 11. Factors to be considered while labelling the product  Language  Government regulations  Customer information  Manufacturer’s own interest 3/6/2021 Copy right reserved 11
  • 12. Branding and Trade Mark Decision  Brand is a name, term, sign, symbol, or design, or a combination of them which is intended to identify the goods or services of ne seller or group of sellers and to differentiate them from those of competitors  Trade mark is a symbol, or design or a part of brand that is given legal protection 3/6/2021 Copy right reserved 12
  • 13. Reasons for using brand and trade mark  Identification  Differentiation 3/6/2021 Copy right reserved 13
  • 14. Branding Strategies  Use global brand  Use national or private brand 3/6/2021 Copy right reserved 14
  • 15. Considerations while using brand name and trade mark  The legal dimension  Cultural aspect  Strength of distributor  Marketing consideration 3/6/2021 Copy right reserved 15
  • 16. Warranty and Service Policy  Should warranty be standardized?  Should warranty be localized?  Should warranty be used as a competitive tool? 3/6/2021 Copy right reserved 16
  • 17. International Marketing of Service Products  Marketing of Airlines services  Marketing of international consulting services  Marketing of international licensing 3/6/2021 Copy right reserved 17
  • 18. Selection and management of International Product Line  A product line refers to a set of interrelated products offered by a company that fulfils the identical needs and wants of the customers. 3/6/2021 Copy right reserved 18
  • 19. Factors Determining the International Product Lines  Competitive Situation  Market situation  Government regulation  Level of economic development  Company’s method of growth  Length of time in the market 3/6/2021 Copy right reserved 19
  • 20. Management Strategy of the International Product Line  Drop the product  Add and drop the product  Add new product  Line modernizing  Line featuring 3/6/2021 Copy right reserved 20
  • 21. Product Planning and Development  It is the planning activity of marketing carried out for the purpose of selecting the right products or services and distributing them:  To the right locations  At the right time  In the right quantities  At the right price 3/6/2021 Copy right reserved 21
  • 22. Any Queries? Thank you 3/6/2021 Copy right reserved 22