eksport - import management chapter 1 product aspects by: indra santosa 2011

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EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

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Page 1: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

EKSPORT - IMPORT MANAGEMENT

Chapter 1PRODUCT ASPECTS

by:INDRA SANTOSA

2011

Page 2: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

What is a Product?• Multidimensional,

• Sum of all its features,

• Bundle of utility

Page 3: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

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Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved.

Product Component Model

Repair and maintenance

SUPPORT SERVICESCOMPONENT

CORECOMPONENT

Installation

Instructions

Other related services

Deliveries

Warranty

Spare parts

Legal

Trademark

Brand name

Legal

Product platform

Design features

Functional features

Legal

PACKAGINGCOMPONENT

Price

Quality

Package

Styling

Irwin/McGraw-Hill

12-6

Page 4: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

Products for Consumers• Two Approaches for International

Product Development– Adaptation – The strategy of altering

products to meet the needs of local markets

– Global Standardization – The standardization of products across markets & ultimately the standardization of the marketing mix worldwide

Page 5: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

To Standardize or Adapt Product ?

THAT IS THE QUESTION

Page 6: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

Standardization vs. Adaptation

In general, however, some type of mandatory adaptation may have to be made or a voluntary change (minor or major) may be beneficial.

EX: Product Adaptation + Sony TV Voltage, broadcast

standard + McDonald’s Menu, decor of

restaurant + Levi jeans Size mix, fabric, cut + Coca-cola Brand name (China), package

Page 7: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

Global Standardization vs. Local Adaptation – “Continuum”

Page 8: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

Globalization

“A little boy from Japan flies to the United States with his parents, and on the way in from the airport they pass the "miracle mile" most places have now. The little boy turns to his parents and says, "Horeee! They have McDonald's here in America too!"

Page 9: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

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Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved.

Which Components of the Product May Require Adaptation?

Irwin/McGraw-Hill

12-7

● Core Component

▶ Physical Product Features▶

▶ Design

*Positioning “Psychological”

● Packaging Component

▶ Style Brand Name▶

▶ Packaging Quality▶

▶ Labeling Price▶

▶ Trademarks

● Support Services Component

▶ Repair Warranties▶

▶ Maintenance Deliveries▶

▶ Instructions Spare Parts▶

▶ Installation

Page 10: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

CASE:How could this product

be adapted to (i.e.) U.S.?

• Product?

• Package?

• Support Services?

Page 11: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

Questions & class discussion?

Page 12: EKSPORT - IMPORT MANAGEMENT Chapter 1 PRODUCT ASPECTS by: INDRA SANTOSA 2011

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THANK YOU

TERIMA KASIH