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Diaspora MarketingAuthor: Nirmalya KumarJan-Benedict
What is Diaspora? The movement, migration, or scattering
of a people away from an established or ancestral homeland where their ancestors lived.
Background Large private companies and State
owned Enterprises take the Global Plunge.
Now what about Other companies?? Do they have to give up??
Success Stories Haier Lenovo Tata Mahindra Embraer Learning to
outsmart than outspend
Marketing to Diasporas Increasingly attractive Shrunk Distances Affordable Air travel Inexpensive Telecommunication 150
Million
214 million
Challenges of Immigrants Maintaining their cultural distinctiveness
while living in foreign society Affiliating themselves with Host culture
Segmenting Diaspora
Assimilators They adopt host country culture They won’t buy products from homeland Hyper prone to purchase home country
brands
Marginal Usually Poor people Lack economic and educational
opportunities Affordability, Functionality and
Durability Culture don’t influence their purchase
decisions
Ethnic Affirmers Prefer Home country products Stick to cultural values Retain their identity Attractive segment
Bicultural Sense of belonging to both home and
host country Better educated Higher incomes Socioeconomic status More involved in local social networks
Evaluating Diaspora’s Potential Does the brand have universal appeal?? Superior Product performance Compelling value Country of origin effects
Cont…. Is the Diaspora Large enough?? Will the Diaspora’s distribution allow the
brand to expand nationally?? Will the diaspora’s socioeconomic profile
help the brand??
Dabur: Global Brand In 1980, exported products to Indian
Diaspora in UAE. 5 million Indians in Gulf region Then Forays into developed markets of
Uk and US Advertisements didn’t work Surge interest in all-natural products Country of origin Credibility and superior
performance
Conclusion Without being Global countries cannot
develop Developed economies UK, US, France,
Germany have made their path Developing economies need to have
smart strategies to overcome obstacles and RISE in the growing countries Lead.