Abstract
This chapter subscribes to the view that products and services are merely vehicles that help consumers to achieve solutions. It starts with a distinction between different types of products and services. This then provides the basis for the standardization—adaptation debate. Subsequently, the focus shifts to global innovation and product development and demonstrates how different types of innovations may have rather different implications for the innovating company and the market as a whole. The chapter closes with a look at the international product life cycle, a concept used to explain foreign investment patterns as well as to describe revenue and profit patterns of products.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Christensen et al. (2005).
- 2.
MacInnis and de Mello (2005).
- 3.
Keegan and Schlegelmilch (2001).
- 4.
Kurtz et al. (2010).
- 5.
Patterson and Cici (1995).
- 6.
Javalgi and Martin (2007).
- 7.
Lovelock and Yip (1996).
- 8.
Alon and Jaffe (2013).
- 9.
Leonidou et al. (2010).
- 10.
Buzzell (1968).
- 11.
Levitt (1983).
- 12.
Ghemawat (2007a).
- 13.
Hise and Choi (2011).
- 14.
Levitt (2006).
- 15.
Friedman (2007).
- 16.
Ghemawat (2007b).
- 17.
Hise and Choi (2011).
- 18.
Theodosiou and Leonidou (2003).
- 19.
Buzzell (1968).
- 20.
Levitt (1983).
- 21.
Hise and Choi (2011).
- 22.
Buzzell (1968).
- 23.
- 24.
Souiden and Diagne (2009).
- 25.
Ambos and Schlegelmilch (2010).
- 26.
Douglas and Wind (1987).
- 27.
Nachum and Zaheer (2005).
- 28.
- 29.
These issues are discussed in more depth in Chap. 9.
- 30.
- 31.
Otis Elevator Company (n.d.).
- 32.
- 33.
Usunier and Lee (2006).
- 34.
Vrontis (2003).
- 35.
Lehrer and Behnam (2009).
- 36.
Lulu and Ronan Keating—We’ve Got Tonight. YouTube. https://www.youtube.com/watch?v=EpgCBfZWr80; Jeanette and Ronan Keating—We’ve got tonight. YouTube. http://www.youtube.com/watch?v=_mm8cpVJMC8. Both Accessed August 12, 2015.
- 37.
Shamsuzzoha (2011).
- 38.
Lehrer and Behnam (2009).
- 39.
Honeycomb: Welcome to Android 3.0! (n.d.).
- 40.
Pick your Go (n.d.).
- 41.
Alon and Jaffe (2013).
- 42.
Bartlett (2004).
- 43.
Pittman (2005).
- 44.
- 45.
Ambos et al. (2006).
- 46.
- 47.
Prange and Schlegelmilch (2015).
- 48.
Danneels (2002).
- 49.
Ambos and Schlegelmilch (2010).
- 50.
Wong (1993).
- 51.
Kuo-Ming Chu and Chan (2009).
- 52.
Prahalad and Ramaswamy (2004).
- 53.
Bughin et al. (2007).
- 54.
My Starbucks Idea (n.d.).
- 55.
Kotabe and Helsen (2011).
- 56.
Czinkota and Ronkainen (2004).
- 57.
Hartley and Claycomb (2014).
- 58.
Morner (1977).
- 59.
Gordon et al. (2011).
- 60.
Vernon (1966).
- 61.
Knight and Cavusgil (2004).
- 62.
Hofer and Schendel (1978).
- 63.
Biggadike (1981).
- 64.
References
Alon, I., & Jaffe, E. (2013). Global marketing: Contemporary theory, practice and cases. New York, NY: McGraw-Hill.
Ambos, B., & Schlegelmilch, B. B. (2007). Innovation and control in the multinational firm: A comparison of political and contingency approaches. Strategic Management Journal, 28(5), 473–486.
Ambos, B., & Schlegelmilch, B. B. (2008). Innovation in multinational firms: Is there a fit between culture and performance? Management International Review, 48(2), 189–206.
Ambos, B., & Schlegelmilch, B. B. (2010). The new role of regional management. Basingstoke: Palgrave-Macmillan.
Ambos, T. C., Ambos, B., & Schlegelmilch, B. B. (2006). Learning from foreign subsidiaries: An empirical investigation of headquarters’ benefits from reverse knowledge transfers. International Business Review, 15(4), 294–312.
Bartlett, C. (2004). P&G Japan: The SK-II globalization project. Case study. Boston, MA: Harvard Business School. 9-303-003.
Biggadike, E. R. (1981). The contributions of marketing to strategic management. Academy of Management Review, 6(4), 621–632.
Boddewyn, J. J., Soehl, R., & Picard, J. (1986). Standardization in international marketing: Is Ted Levitt in fact right? Business Horizons, 29(6), 69–75.
Bughin, J., Erbenich, C., & Shenkan, A. (2007, September). How companies are marketing online: A McKinsey global survey. The McKinsey Quarterly. Accessed August 13, 2015, from http://mensit.nl/plaatjes/user/File/How%20companies%20are%20marketing%20online.pdf
Buzzell, R. D. (1968). Can you standardize multinational marketing? Harvard Business Review, 46(6), 102–113.
Christensen, C. M., Cook, S., & Hall, T. (2005). Marketing malpractice. Harvard Business Review, 83(12), 76.
Christensen, C. M., & Overdorf, M. (2000). Meeting the challenge of disruptive change. Harvard Business Review, 78(2), 66–76.
Cooper, R. G., & Kleinschmidt, E. J. (1986). An investigation into the new product process: Steps, deficiencies and impact. Journal of Product Innovation Management, 3(2), 71–85.
Czinkota, M. R., & Ronkainen, I. A. (2004). International marketing. Mason, OH: Thomson/South-Western.
Danneels, E. (2002). The dynamics of product innovations and firm competencies. Strategic Management Journal, 23(12), 1095–1121.
Douglas, S. P., & Craig, S. C. (1986). Global marketing myopia. Journal of Marketing Management, 2(1), 155–169.
Douglas, S. P., & Wind, Y. (1987). The myth of globalization. Columbia Journal of World Business, 22(4), 19–29.
Friedman, T. L. (2007). The world is flat: A brief history of the twenty-first century. London: Penguin Group.
Garcia, R., & Calantone, R. (2002). A critical look at technological innovation typology and innovativeness terminology: A literature review. Journal of Product Innovation Management, 19(2), 110–132.
Ghemawat, P. (2007a, October 1). Coca-cola’s global rethink. Harvard Business Review. Blog Network. Accessed August 15, 2015, from https://hbr.org/2007/10/cocacolas-global-rethink.
Ghemawat, P. (2007b). Why the world isn’t flat. Foreign Policy, 159, 54–60.
Gordon, M., Musso, C., Rebentisch, E., & Gupta, N. (2011, January). The path to successful new products. McKinsey & Company. Accessed August 13, 2015, from https://www.mckinseyquarterly.com/The_path_to_successful_new_products_2489
Hartley, R. F., & Claycomb, C. (2014). Marketing mistakes and successes (12th ed.). Hoboken, NJ: Wiley.
Hise, R., & Choi, Y. (2011). Are US companies employing standardization or adaptation strategies in their international markets? Journal of International Business and Cultural Studies, 4(1), 1–29.
Hofer, C. W., & Schendel, D. (1978). Strategy formulation: Analytical concepts (p. 798). St. Paul, MN: West Publishing.
Honeycomb: Welcome to Android 3.0! (n.d.). Accessed, August 13, 2015, from http://developer.android.com/sdk/android-3.0-highlights.html
Javalgi, R. G., & Martin, C. L. (2007). Internationalization of services: Identifying the building-blocks for future research. Journal of Services Marketing, 21(6), 391–397.
Keegan, W. J., & Schlegelmilch, B. B. (2001). Global marketing management: A European perspective. Essex: Financial Times/Prentice Hall.
Knight, G. A., & Cavusgil, S. T. (2004). Innovation, organizational capabilities, and the born-global firm. Journal of International Business Studies, 35(2), 124–141.
Kotabe, M., & Helsen, K. (2011). Global marketing management. Hoboken, NJ: Wiley.
Kuo-Ming Chu, K.-M., & Chan, H.-C. (2009). Community based innovation: Its antecedents and its impact on innovation success. Internet Research, 19(5), 496–516.
Kurtz, D. L., MacKenzie, H. F., & Snow, K. (2010). Contemporary marketing. Toronto: Cengage Learning.
Lehrer, M., & Behnam, M. (2009). Modularity vs. programmability in design of international products: Beyond the standardization–adaptation tradeoff? European Management Journal, 27(4), 281–292.
Leonidou, L. C., Barnes, B. R., Spyropoulou, S., & Katsikeas, C. S. (2010). Assessing the contribution of leading mainstream marketing journals to the international marketing discipline. International Marketing Review, 27(5), 491–518.
Levitt, T. (1983). The globalization of markets. Harvard Business Review, 61(3), 92–102.
Levitt, T. (2006). Ted Levitt on marketing. Boston: Harvard Business Press.
Lovelock, C. H., & Yip, G. S. (1996). Developing global strategies for service businesses. California Management Review, 38(2), 64–87.
MacInnis, D. J., & de Mello, G. E. (2005). The concept of hope and its relevance to product evaluation and choice. Journal of Marketing, 69(1), 1.
Morner, A. L. (1977). A product is born. Fortune, 95(5), 124.
My Starbucks Idea. (n.d.). Accessed August 13, 2015, from http://mystarbucksidea.force.com/apex/ideaList?lsi=2
Nachum, L., & Zaheer, S. (2005). The persistence of distance? The impact of technology on MNE motivations for foreign investment. Strategic Management Journal, 26(8), 747–767.
Otis Elevator Company. (n.d.). About elevators. Accessed August 12, 2015, from http://www.otisworldwide.com/pdf/AboutElevators.pdf
Patterson, P. G., & Cici, M. (1995). A typology of services firms in international markets: An empirical investigation. Journal of International Marketing, 3(4), 57–83.
Pick your Go. (n.d.). Accessed August 13, 2015, from, http://www.tomtom.com/en_gb/drive/car/products
Pittman S. (2005, October 19). Beiersdorf hails men’s skin whitener a success in Asia. Accessed August 13, 2015, from http://www.cosmeticsdesign-asia.com/Market-Trends/Biersdorf-hails-men-s-skin-whitener-a-success-in-Asia
Prahalad, C. K., & Ramaswamy, V. (2004). Co-creating unique value with customers. Strategy & Leadership, 32(3), 4–9.
Prange, C., & Schlegelmilch, B. B. (2015). Managing innovation dilemmas – The cube solution. Working Paper, WU Vienna.
Shamsuzzoha, A. H. M. (2011). Modular product architecture for productivity enhancement. Business Process Management Journal, 17(1), 21–41.
Souiden, N., & Diagne, M. (2009). Canadian and French men’s consumption of cosmetics: A comparison of their attitudes and motivations. Journal of Consumer Marketing, 26(2), 97–109.
Stremersch, S., & Tellis, G. J. (2004). Understanding and managing international growth of new products. International Journal of Research in Marketing, 21(4), 421–438.
Szulanski, G. (1996). Exploring internal stickiness: Impediments to the transfer of best practice within the firm. Strategic Management Journal, 17(Special Winter Issue), 27–43.
Tellis, G. J., Stremersch, S., & Yin, E. (2003). The international take-off of new products: The role of economics, culture, and country innovativeness. Marketing Science, 22(2), 188–208.
Theodosiou, M., & Leonidou, L. C. (2003). Standardization versus adaptation of international marketing strategy: An integrative assessment of the empirical research. International Business Review, 12(2), 141–171.
Usunier, J.-C., & Lee, J. A. (2006). Marketing across cultures. Harlow: Financial Times/Prentice Hall.
Vernon, R. (1966). International trade and international investment in the product cycle. Quarterly Journal of Economics, 80(2), 190–207.
von Hippel, E. (1994). Sticky information and the locus of problem solving: Implications for innovation. Organizational Science, 5(1), 98–118.
Vrontis, D. (2003). Integrating adaptation and standardisation in international marketing: The AdaptStand modelling process. Journal of Marketing Management, 19(3/4), 283–305.
Wong, V. (1993). Idea generation in identifying and exploiting new market opportunities. London: Department of Trade and Industry.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2016 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Schlegelmilch, B.B. (2016). Creating Global Product and Service Offerings. In: Global Marketing Strategy. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-26279-6_5
Download citation
DOI: https://doi.org/10.1007/978-3-319-26279-6_5
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-26277-2
Online ISBN: 978-3-319-26279-6
eBook Packages: Business and ManagementBusiness and Management (R0)